I took out a $46,250 loan today at 7.9% and bought 2.55 #bitcoin . By 2026 I will have to pay back $57,806.85.

In Dec 2026, If #bitcoin is at $22,669.35 I break even.

Good/bad decision?
I wanted to borrow a lot more, my cash flow can easily support the monthly repayments but this was the limit I could do with my bank after thinking about the idea for a couple of minutes.
May do this again a few more times.
THIS IS NOT FINANCIAL ADVICE
Short the £
Even though he has me blocked, thanks to @pierre_rochard, his speculative attack article helped.
You can follow @PeterMcCormack.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled:

By continuing to use the site, you are consenting to the use of cookies as explained in our Cookie Policy to improve your experience.