Sourcenode on Nostr: I spoke with a hard working business owner yesterday who took out a loan on Coinbase ...
I spoke with a hard working business owner yesterday who took out a loan on Coinbase at 120K using a whole coin. Somewhere around 3% interest (very attractive compaired to BTC only alternatives)
He was DCAing and not watching the price until he got liquidated at 65K.
He's now stacked back to .4 and I'm glad he didn't give up, but damn.
The most common error I witness, leverage or not, is trying to time the market.
Published at
2026-06-17 15:03:19 UTCEvent JSON
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"content": "I spoke with a hard working business owner yesterday who took out a loan on Coinbase at 120K using a whole coin. Somewhere around 3% interest (very attractive compaired to BTC only alternatives)\n\nHe was DCAing and not watching the price until he got liquidated at 65K. \n\nHe's now stacked back to .4 and I'm glad he didn't give up, but damn.\n\nThe most common error I witness, leverage or not, is trying to time the market.",
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