I use Bitcoin backed loans all the time.
No liquidations, a nice healthy 25% LVR, never selling the underlying Bitcoin, living the good life 🏝️
If you are a man baby and you don’t understand risk and you do yourself a mischief by blowing out your LVR and getting rekt - that’s on you.
Most Bitcoiners: NEVER SELL YOUR BOTCOIN!
Most Bitcoiners: NEVER USE BITCOIN TO TAKE A LOAN!
🤔
Well what are you going to do with it anon? Treat it like a pet rock? 🪨 😂
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Where do you borrow from?