View Single Post
Old 01-22-2022, 02:15 PM  
wankawonk
Confirmed User
 
Industry Role:
Join Date: Aug 2015
Posts: 1,017
Quote:
Originally Posted by ANAL PASTE View Post
For me its hard to tell because most of my bitcoin investments came is as payments for fixed priced assets and services. They paid in bitcoin.. It wasn't like I was investing xxxx every month. What fucked me over is taking 8% loan from Coinbase to buy etherium at $4500. I bragged to my brother how easy it is to make money and did it for shits and giggles. Literally. This was my very first time buying anything on margin. I paid it off as soon as I saw it tank, so I saved on interest.
I'm leveraged, too. Low enough amount of leverage to survive a 60% crash. Oops. Now I'm 10% away from being liquidated and sweating hard about it.

btw, you can get way lower interest rates on AAVE. ~3% vs your 8%
wankawonk is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote