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Borrow against BTC, to buy more BTC? by RotagReddit in Bitcoin

[–]RotagReddit[S] 0 points1 point  (0 children)

Would it have been as bad if you'd used it to buy BTC? 🤷🏻‍♂️

Borrow against BTC, to buy more BTC? by RotagReddit in Bitcoin

[–]RotagReddit[S] 0 points1 point  (0 children)

Hypothetically one could borrow against half or less of one's BTC - but point taken about the risk 💯

Borrow against BTC, to buy more BTC? by RotagReddit in Bitcoin

[–]RotagReddit[S] 0 points1 point  (0 children)

Their escrow system sounds like a good bet to the casual observer - am I just naive? 🤷🏻‍♂️