This is an opinion editorial by Wilbrrr Wrong, a Bitcoin pleb and economic history enthusiast.
In this article, I describe my experience using bitcoin collateral loans, of the type offered by Holdhodl or Unchained Capital. I used these loans during 2020-2021, using some general rules of thumb, but recently I created a study that shows that they can be used with greater certainty if a more systematic approach is put in place.
I would first like to make a caveat that my practice may be criticized for not “staying humble.” Certainly, many pundits will discourage these ideas, such as in this “Once Bitten” episode with Andy Edstrom.