Anyone use the Ledn B2X loan? I am contemplating taking a small loan out if we drop to mid $70s. As long as it goes back up 13% in 12 months it is a wash. 70% LTV at mid $70 range is sitting on a solid support of $58k gang.
Login to reply
Replies (2)
I never tried it and probably never will. It seems too risky for me. I don’t get stressed when the Bitcoin price goes down. I would get stressed if I was on leverage. I wouldn’t want to be in a position where I could be forced to sell at low prices.
Being on BTC only in cold storage is a good plan. I currently only trade public proxies. I have a goal that I am trying to accomplish and decided if the price drops to mid 70’s I would take some risk. Right now it is only the Short term holders capitulating to the Longterm holders and 🐳.