"Back at 120k it was stupid to go leverage but NOW is the time. Now is the time to get a Bitcoin backed loan 😃"
I read this a lot recently. This is exactly how people get rekt. They see a 50% drop and they think It's now basically risk free to go all in.
But It's like in boxing. The first punch is rarely the one you have to worry about. It's the second, third or maybe even fourth punch that will knock you out.
So what happens is you go leverage but you realize there's an other punch so you go even harder but there's an other punch again so you go harder and before you even know it you're liquidated and your life is ruined.
It's the temptation. If you feel the temptation to go leverage at 60k you're going to feel this even stronger at 30k. If you succumbed to the temptation the first time you're likely to do it the second time. This is how the devil get you.
Look, if There's something I learned over the years is I have no idea. Idk what's going to happen with the price. For all I know this is the bottom and people who go full leverage now will win big. But I don't know. It could also go on to rek more people.
It's possible betting your life on black 21 at the roulette will make you win everything. That doesn't mean It's not retarded to do this.
All I'm trying to say is be careful and try to resist the temptation to take leverage to aquire coins you didn't work for. "Stay humble and stack sats" makes the most sense in moment like this imo.
Stack the coins you deserve not the ones you want. That is truly risk free.
Leathermint / Leathermint
npub1v0…m3m3e
2026-02-06 15:06:24 UTC
Author Public Key
npub1v0tfjv5ahr3c260jtzdk5w48krerrnkg8fmcnc5lpguk0qda04eqzm3m3ePublished at
2026-02-06 15:06:24 UTCEvent JSON
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"content": "\"Back at 120k it was stupid to go leverage but NOW is the time. Now is the time to get a Bitcoin backed loan 😃\"\n\nI read this a lot recently. This is exactly how people get rekt. They see a 50% drop and they think It's now basically risk free to go all in.\n\nBut It's like in boxing. The first punch is rarely the one you have to worry about. It's the second, third or maybe even fourth punch that will knock you out.\n\nSo what happens is you go leverage but you realize there's an other punch so you go even harder but there's an other punch again so you go harder and before you even know it you're liquidated and your life is ruined.\n\nIt's the temptation. If you feel the temptation to go leverage at 60k you're going to feel this even stronger at 30k. If you succumbed to the temptation the first time you're likely to do it the second time. This is how the devil get you.\n\nLook, if There's something I learned over the years is I have no idea. Idk what's going to happen with the price. For all I know this is the bottom and people who go full leverage now will win big. But I don't know. It could also go on to rek more people. \n\nIt's possible betting your life on black 21 at the roulette will make you win everything. That doesn't mean It's not retarded to do this.\n\nAll I'm trying to say is be careful and try to resist the temptation to take leverage to aquire coins you didn't work for. \"Stay humble and stack sats\" makes the most sense in moment like this imo.\n\nStack the coins you deserve not the ones you want. That is truly risk free. \n\n",
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