We don't advise this but some guy did it.

[MagnificentX]

Just today while listening to music, I came across a Binance ad that made me remember this thread and I think I should share it because it is important for investors to learn this things or aspect of Bitcoin directly from the trusted wallets.

https://talkimg.com/images/2026/01/31/UEt17P.jpeg

You do not need to buy a full Bitcoin to start your investment journey and many people still fail to learn this. You can start with what you have and continue gradually till you get to where you want. It does not have to $100,000 before you start investing. If you want to start Bitcoin investments with a big start up dream, you might end up being a no coiner or a low coiner because you may get a loan to start and at the end be forced to sell off your coin untimely.

[Ultegra134]

This guy did it but we never learned what happened next. Was this guy screwed over in the end? Did he hold his Bitcoin till 2017's major uprise or perhaps till now? His account has also been deleted, so there's no way to actually do a follow up. That's a huge risk, he took an equity loan on his house, risking ending up without a house for what we could easily call a gamble. It's very likely that this amount of Bitcoin has been sold in the next bear cycle (or any major price increase in general) he went through. I'm hoping he ended up making the money back and a decent profit for his risk. His account being deleted isn't too optimistic though, I hope I'm wrong.

[Smartprofit]

In my opinion, fortunately, or perhaps unfortunately, there's no definitive guide to how we should act in life. If such a guide existed, everything would be much simpler. We would act strictly according to the instructions and be happy. 🤵

Personally, I'm not ready to take out loans or credits. I'm also not ready to take out loans to buy Bitcoin. But maybe I'm wrong. Maybe I just lack the adventurous spirit to succeed in life. I think taking out a loan to buy Bitcoin in 2017 was incredibly scary.

I remember 2018 and 2019. Back then, I didn't even want to hear about Bitcoin. I was going through my first Bitcoin bear market, and it was very difficult psychologically. And this guy, it turns out, was paying off his loan at the same time, simultaneously expecting the price of Bitcoin to rise. In my opinion, he's a real hero! I couldn't do that.  On the other hand, perhaps it is precisely these actions that allow a person to become rich and successful. 💫

[DiMarxist]

Well the conversational believe is that you should always go by laid down principles and ideas others has laid down and one of such is not taking a loan to investing in Bitcoin. Of cause there are allot of points that people will bring out to discourage this person that took loan to invest in Bitcoin. What we have to know is that there are people who can take the risk, knowing what the gain that they are going to make in the process. But the disadvantage of this is that Bitcoin as an asset is volatile and this means that Bitcoin can remain low below your entry point were you bought it. And this will lead to accumulating more interest on the loan which has been collected.

[MagnificentX]

Of every post that I've gone through including mine before now, there's something that struck my mind and for that reason I think the young man deserves a little or more of accolades. It is only someone who must have good view of something that can do what he did and so many people are not seeing it from that perspective. A person with little knowledge about something will not go all in for it to the point of taking a loan worth such huge amount but rather I think the person knew exactly what he was doing when he made that move.

Now the account on Reddit was even deleted to show to some point that he didn't want no body to know his whereabouts or even know anything about him. I believe he knew what will come about of Bitcoin and decided the risk would be worth it so why not take it.

[nesso]

Yeah i saw this story before for me taking loan for bitcoin is very risky. Maybe he was lucky maybe not nobody knows. Most people cant handle monthly payment stress. Better invest only money you don’t need soon. Easy to say after 9 years but at that time it was not clear at all
What do you think guys would you take loan for btc or too crazy for you?

[Renampun]

This guy did it but we never learned what happened next. Was this guy screwed over in the end? Did he hold his Bitcoin till 2017's major uprise or perhaps till now? His account has also been deleted, so there's no way to actually do a follow up. That's a huge risk, he took an equity loan on his house, risking ending up without a house for what we could easily call a gamble. It's very likely that this amount of Bitcoin has been sold in the next bear cycle (or any major price increase in general) he went through. I'm hoping he ended up making the money back and a decent profit for his risk. His account being deleted isn't too optimistic though, I hope I'm wrong.

It is true that there is no further information from the decision he made, whether he managed to continue to hold Bitcoin until now or whether he had sold all the bitcoins he owned when the drop was so severe. but if he managed to buy Bitcoin and hold it until now then it is very likely that he has become a billionaire for now because of the large number of Bitcoins that he has bought from those early years. but still the decision he made was so risky for an equity loan on his house because if the investment he made did not go according to his strategy then he would lose his property. and people don't need to follow him this way.

[Mene_rence]

Oh my! What a risk?
Any ways, what is life without risk? It's even risky not to take risk in life but however, let it be a calculated risk.
To me, I believe that guy did his analysis and homework well, though he was afraid but still went ahead to take the loan.
One lesson I've learnt in life is that, when you want to do something, go ahead and be ready for the consequences without giving any attention to what people will say. People will always say something regardless, don't take their applause so their criticism won't get to you.

As for me, I really can't take that risk, but thank God the guy did.

[lixer]

Doing something crazy happens very rarely, we do not advise it because this dude did it once at the right time and he had the chance to do it so he was lucky to profit from it. Like today, do I know that bitcoin will go down in this year?

I do, does that mean if I sell my house as well, and do DCA and buy bitcoin a bit every month all through this year, I would buy near the bottom and have good DCA? I would. Does that mean in 3-4 years I would have a great profit and I would be getting richer? I would. Do I sell my house then? I won't. Not many would take that risk at all.

[Nothingtodo]

Oh my God, it is really risky to invest in Bitcoin with such a large amount of dollar loans. It is not risky for those who have a lot of outsourcing income and reliable business organizations and regular income sources. But for those who do not have a source of income, it is really risky to invest in Bitcoin with such a large amount of loans. In my case, if I can say, I will never invest by taking a loan from a bank or any other source. Because I do not have any regular income source to repay this loan. Moreover, taking a loan for long-term holding is really stupid and very risky.

[RoGr780]

I hope it turned out well for this person, even though the action and the logic itself is wrong, very much so.

As you said - no investment is done with funds you cannot see gone.. And taking loans to do it - that's just wrong on all the levels.

[Haunebu]

Holy cow! That is one heck of a loan. He is one massive believer of BTC. Am guessing he sold it all when BTC spiked a bit way back then for reasonable profits since he would require balls of titanium to HODL all the way until it reached 100 grand or higher.

High risk, high reward basically. You can do a similar thing by going all in on a game where there is 0 or close to 0 house edge(Dice etc).