I think GBP is new, I had an account already and used it to b2x last bull.
One thing to be mindful of is that a drop like the one in 2020ish (end of last bull) can completely wreck you.
They have a reasonable LTV but Bitcoin can and will eat your lunch if it wants to. It scares people like my friend. It set me back and humbled me too.
I think timing is important but it's the inverse of "selling high"... you should stick to bear markets and maybe the beginning of a bull run but never in the middle of it.
Big Barry Bitcoin
npub1pk…tpxa6
2024-11-17 00:37:35
in reply to nevent1q…t9xr
Author Public Key
npub1pktmatjk0l8vn3jhfuwxaasjd65kn4ye9sce3egup7k993f8fg2q5tpxa6Published at
2024-11-17 00:37:35Event JSON
{
"id": "6dfa38ce87e0e03cf8317f38f3270fad81db8aec97309b27d633a56477ce11c0",
"pubkey": "0d97beae567fcec9c6574f1c6ef6126ea969d4992c3198e51c0fac52c5274a14",
"created_at": 1731803855,
"kind": 1,
"tags": [
[
"e",
"74a74eb866d3e5bd7702dd425f6a0d10e63826a6baea2a9861f5f2b803fa0583",
"",
"root"
],
[
"e",
"eb3bd59cf36ebefd0fb9396521f37bcc28659d1496e86bc453f1d2e19952a950"
],
[
"e",
"7dc1cfdbca44f156fe3c1443e412a4c0598fe3810d1e8a7cc4b5c13edad9888a",
"",
"reply"
],
[
"p",
"0d97beae567fcec9c6574f1c6ef6126ea969d4992c3198e51c0fac52c5274a14"
],
[
"p",
"71243040da7120943e9cae769d0868286db5792a388656e165426436e3086c3c"
]
],
"content": "I think GBP is new, I had an account already and used it to b2x last bull.\n\nOne thing to be mindful of is that a drop like the one in 2020ish (end of last bull) can completely wreck you.\n\nThey have a reasonable LTV but Bitcoin can and will eat your lunch if it wants to. It scares people like my friend. It set me back and humbled me too.\n\nI think timing is important but it's the inverse of \"selling high\"... you should stick to bear markets and maybe the beginning of a bull run but never in the middle of it.",
"sig": "fcbe328470743a3380722e4163d971c729b328137e2313cf903c1ae5f99a2422c7917d1a7e052678b302078927188b74b8956ef0ceea50ab26817d3020ef9327"
}