drgo on Nostr: Yeah. That’s like saving in cash. It’s what poor people do. There is absolutely ...
Yeah. That’s like saving in cash. It’s what poor people do.
There is absolutely no question that leverage and bitcoin means more risk. It’s definitely true I could have enjoyed the last decade being debt free and “living within my means” but that also means I’d have almost no Bitcoin.
But instead I decided to keep my Bitcoin and borrow money to buy a house. And not pay of medical school loans.
Some people have trouble recognizing this as a yield, but for those not mathematically inept, they see the reward was not without risk.
There is absolutely no question that leverage and bitcoin means more risk. It’s definitely true I could have enjoyed the last decade being debt free and “living within my means” but that also means I’d have almost no Bitcoin.
But instead I decided to keep my Bitcoin and borrow money to buy a house. And not pay of medical school loans.
Some people have trouble recognizing this as a yield, but for those not mathematically inept, they see the reward was not without risk.