Crypto Loans: BUY, BORROW, DIE Strategy

Today we’re talking crypto loans, specifically Buy, Borrow, Die. We’ll go back in time and use the example of buying bitcoin back in 2011, and taking out a bitcoin loan. In this scenario, we refinance this loan and either pull…

Crypto Loans: BUY, BORROW, DIE Strategy

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Today we’re talking crypto loans, specifically Buy, Borrow, Die. We’ll go back in time and use the example of buying bitcoin back in 2011, and taking out a bitcoin loan. In this scenario, we refinance this loan and either pull value from the appreciating asset in dollar value, or pull collateral back in the form of the cryptocurrency.

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0:00 Intro
1:12 The Buy, Borrow, Die Strategy
8:34 ETC still Interesting
9:58 Outro

*Disclaimer: Not Financial Advice – Crypto loans are very risky

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#Crypto #bitcoin

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