you believed in bitcoin, fully, not the trading, not the flipping, just the long term conviction that this thing is the hardest money ever created and you want as much of it as possible. and then the market dropped and kept dropping and your liquidation threshold got close, one day it just happened.

    i've talked to so many people who went through exactly that. still had some funds after, but couldn't get back to where they were. every lending product out there is built the same way and the trap door is always in the same place, liquidation. i couldn't find anything built for the person who has conviction and partial funds and just needs a structured way to own more bitcoin without putting everything at risk again.
    so i started building it.

    past year i've been working on a bitcoin loan product. the way it works is straightforward. you put 30% down at today's price, you own your bitcoin immediately, and you pay the remaining 70% in fixed monthly payments over time, like a mortgage on a house. just fixed payments and your bitcoin sitting in your name.

    the hardcore believers who got wrecked deserve a real shot at getting back in without the same trap door waiting for them.If any of you actually interested in this? i'm starting the waitlist soon. just want to know how many people lived this story before i open it up.

    let me tell you what the bear market actually felt like for a lot of us.
    byu/Ok-Lavishness8030 inBitcoin



    Posted by Ok-Lavishness8030

    1 Comment

    1. Makunouchiipp0 on

      Unless you are living on a Bitcoin standard there is 0 reason to leverage your stack.

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