Would you ever borrow money to buy Bitcoin.?
I'm curious where people stand on this.
On one hand, if someone has access to a low-interest loan and strong conviction in Bitcoin's long-term future, using debt to increase exposure could seem like a reasonable strategy.
On the other hand, Bitcoin is still a volatile asset, and taking on debt introduces a level of risk that many would argue goes against the entire idea of financial freedom and self-sovereignty.
So what's your view?
- Never use debt to buy Bitcoin?
- Only if the interest rate is extremely low?
- Fine with moderate leverage?
- Or is leverage a guaranteed way to get wrecked eventually?
Interested to hear how people think about the risk/reward tradeoff.
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