A man on Reddit shared how he borrowed $150,000 through personal loans and 0% APR credit card balance transfers to buy Bitcoin three years ago, and the gamble paid off. He now holds 4.75 BTC purchased at an average of $35,000, was worth about $498,750 with Bitcoin trading near $105,000 at that time, leaving him with an unrealized gain of over $330,000 after repaying $150,000 in loans and $15,000 in interest.
Despite reducing his debt to around $40,000, the Reddit man admitted to recently taking another $25,000 balance transfer to buy an additional 0.25 BTC when prices crossed $100,000. He described his approach as “reverse dollar-cost averaging,” borrowing a lump sum at low prices and repaying over time, framing it as a speculative attack on the U.S. dollar by converting borrowed USD into appreciating Bitcoin.