BTC moving up again has put me in a weird spot.
I need some liquidity, but selling Bitcoin right now feels like the exact thing I might regret if the run continues.
So I’ve been looking at the other option: borrowing against the BTC instead of selling it.
I understand the obvious downside is liquidation risk if Bitcoin drops hard, but if you keep the LTV relatively low, does a Bitcoin-backed loan actually make more sense?
I’ve been looking at Arch Lending and a few other options, and the things that seem to matter most are custody, whether the BTC gets rehypothecated, liquidation rules, and how much time you get to add collateral.
Curious how people here think about this.
If you needed cash today, would you sell some BTC or borrow against it?