This is assuming he didn’t sell during the 21 bull run, which would’ve been easy to want to do, when it was all flying. Either that or panic sell when it all went to hell, which a lot of people do aswell.
jedo89 on
Who gives out a 6 year personal loan at that cheap?
dj_destroyer on
Peter McCormach is a mega bull. Met him in person and his team interview me for their Convoy special they were doing. Ultimately didn’t air but this guy definitely didn’t sell, and even bought a soccer team with BTC.
002_timmy on
Collateralized loans are typically around that (think mortgages. Etc)
GreedVault on
if he does it now, would it still be a good decision?
Live_Self3614 on
Nothing amazing, would’ve worked with big tech, gold or silver as well.
exploringspace_ on
He probably took a bigger loan in 2024 and lost everything in 2025 selling at at the bottom
Redacted_Bull on
Absolutely moronic.
SidonyD on
I’m not a genius but when you get a loan, you pay interest every years on the rest of capital, not one time …
CXavier4545 on
rolled the dice and won
phamtruax on
It is a good decision, his coins are now worth over 200k
Suitable-Display-410 on
Taking up loans to gamble is always a bad decision, even if you win.
BillyBeeGone on
Loade question- using hindsight bias was my profit a good decision?
Why not choose wall Street bets loser and post the same trashy words
BoggsMill on
The difference between wisdom and stupidity is the result.
16 Comments
Math isn’t mathing
This is assuming he didn’t sell during the 21 bull run, which would’ve been easy to want to do, when it was all flying. Either that or panic sell when it all went to hell, which a lot of people do aswell.
Who gives out a 6 year personal loan at that cheap?
Peter McCormach is a mega bull. Met him in person and his team interview me for their Convoy special they were doing. Ultimately didn’t air but this guy definitely didn’t sell, and even bought a soccer team with BTC.
Collateralized loans are typically around that (think mortgages. Etc)
if he does it now, would it still be a good decision?
Nothing amazing, would’ve worked with big tech, gold or silver as well.
He probably took a bigger loan in 2024 and lost everything in 2025 selling at at the bottom
Absolutely moronic.
I’m not a genius but when you get a loan, you pay interest every years on the rest of capital, not one time …
rolled the dice and won
It is a good decision, his coins are now worth over 200k
Taking up loans to gamble is always a bad decision, even if you win.
Loade question- using hindsight bias was my profit a good decision?
Why not choose wall Street bets loser and post the same trashy words
The difference between wisdom and stupidity is the result.
Oh look, hindsight is 20/20!
Idiots.