.png)
![[Weekly funding roundup May 17-23] VC inflow remains steady](https://images.yourstory.com/cs/2/220356402d6d11e9aa979329348d4c3e/Weekly-funding-1741961216560.jpg)
Am I crazy?
Am I crazy? I don’t think I am, but I want to hear from people who understand this space like me. I’m 20 years old with $3,000 in Bitcoin, and I’m planning to take out a $15,000 loan to stack more before the real run starts. I believe in this long term. I’m not trading, I’m holding for years. I’ve got low expenses, live at home, and I’ve built my lifestyle to take this kind of shot because I trust myself and what I see coming. I’m aiming for a loan with around 10 to 15 percent APR and planning on a 5 to 7 year payment plan. At 5 years, the monthly payment would be about $340. I make $500 to $600 a week, get paid weekly, and can live at home for the foreseeable future. Right now, I invest about $100 a week into Bitcoin and $300 total into stocks and crypto combined. My plan is to stop the $100 BTC reoccurring investment and use that money toward the loan instead so I’m not taking on new expenses, just reallocating. What do you guys think? Too risky? Or a smart move if I truly believe where this is all going? I’m not looking for hype, just real feedback from people who get it submitted by /u/bitcoiner69420 [link] [comments]
Am I crazy? I don’t think I am, but I want to hear from people who understand this space like me. I’m 20 years old with $3,000 in Bitcoin, and I’m planning to take out a $15,000 loan to stack more before the real run starts. I believe in this long term. I’m not trading, I’m holding for years. I’ve got low expenses, live at home, and I’ve built my lifestyle to take this kind of shot because I trust myself and what I see coming.
I’m aiming for a loan with around 10 to 15 percent APR and planning on a 5 to 7 year payment plan. At 5 years, the monthly payment would be about $340. I make $500 to $600 a week, get paid weekly, and can live at home for the foreseeable future. Right now, I invest about $100 a week into Bitcoin and $300 total into stocks and crypto combined. My plan is to stop the $100 BTC reoccurring investment and use that money toward the loan instead so I’m not taking on new expenses, just reallocating.
What do you guys think? Too risky? Or a smart move if I truly believe where this is all going? I’m not looking for hype, just real feedback from people who get it
[link] [comments]
