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/biz/ - Business & Finance

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14684198 No.14684198 [Reply] [Original]

just got approved for $50,000 line of credit (credit card) with 0% APR for 12 months

what do would you choose to leverage, /biz/?

>> No.14684224
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14684224

>>14684198
500x short btc at 13.5k and close at 12.8

(i pulled these numbers out of my ass)

>> No.14684326

>>14684198
Buy some bonds, free 1-2K.

>> No.14684485

>>14684224
The broker would just immediately liquidate your position. I’d say play 4 games of blackjack and bet max each time.

>> No.14684560

>>14684198
unironically buy BTC and move it to an offline wallet, if you leverage you will lose it all, don't be a degenerate gambler

>> No.14684595

>>14684198
Buy BTC. Put it on a hardware wallet and run away to Thailand. Live out your comfy life with ladyboys.

>> No.14684658

>>14684595
Un ironically this. Or even buy btc and go 1x long on bitmexico for long term comfy gains. Can even dollar cost average the long if you think theres downside. Just dont get greedy or go heavy. Never cross 1x and dont ever sell for a loss. Come back in few months pay back ur loan and live with financial freedom

>> No.14684886
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14684886

>>14684224
>500x
> price move 0.2% and you're liquidated
this is not even gambling at this point, just straight up suicide