calebgregory304 on Nostr: Opinions needed, nostr! I got a HELOC on my home many months ago. I didn’t pull any ...

Opinions needed, nostr!

I got a HELOC on my home many months ago. I didn’t pull any liquidity but just opened up the credit line.

I did it for instances like this. I’m thinking it’s time to drain it and smash buy Bitcoin. I left it open ended so that I could wait for a dip. This feels like the opportunity.

Am I acting prematurely? I definitely feel like this window won’t last long with stimulus and QE ahead. I think it’s a good price to buy and hold forever.

Just a few quick additional notes:

1) I don’t need lectured about leverage. The full payment on my HELOC if maxed represents around 5% of my monthly income. I’d be sufficiently solvent

2) I still have a daily DCA in place and stack hard.

3) I have a healthy stack and could liquidate in a dooms day scenario.

Should I smash buy?