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Took a loan to buy BTC today...

Bitcoin Reddit

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Big brain move or smooth brain?

Edit So the loan is for 7.5k with a 5 year term at 6.6%. I intend to pay it off in a few lump sums within the next 12-18 months on the rips as I take profits. Basically I'm just trying to bring forward my DCA amount that I would put in in the next few years. I intend to split the buys into chunks of like 20-25% in the short term to allow for any dips immediately pre/post halving. I have been DCAing since the just before the bottom 16k and my current average buy is 26k. This will probably go up to about 40k (rough estimate) after these buys.

submitted by /u/Kindly_Somewhere_847
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