Anyone here taken out a crypto loan to buy a house?

[Anonymous No.30047714]

Also general debt strategies ITT, more jewish wealth trickery is welcome here.

I was reading this thread >>/biz/thread/S28460180

And it made me think that it's a waste to sell your Link right now because obviously Link will go up a lot more in the near future. How can you use your crypto gains in the real world, without cashing out? Well a loan of course. The problem is crypto loans need to be paid back in full at the end of the loan term, instead of every month. Another risk is obviously Link or the crypto market in general goes down significantly. But e.g. Blockfi offers the opportunity to refinance your loan at the end of the loan term.

Anyone here borrowed a significant amount of money to buy e.g. a house?

[Anonymous No.30048508]

I read the OP here and skimmed through the thread you linked, and have absolutely NO idea what you're talking about.

huh?

[Anonymous No.30048642]

>>30048508
Loans on crypto, while it will go up, aren't wise. If we get a correction of 30-40% the bank can call in your loan even though you know it's coming back.

[Anonymous No.30049966]

>>30048508

Strategies to use your crypto as collateral for loans so you have to cash out as little crypto as possible to buy real life assets