The trader claims to be up 25% or $19,500 after taking out three personal loans worth a combined $59,000 to buy Bitcoin (BTC) over the past 18 months. They currently hold 2.65 BTC, which is worth $80,400 at current prices, and are betting on the price of BTC reaching $100,000 by early 2025. The loans had fixed APRs of 6%, 4.9%, and 8%, with monthly payments totaling $225, $326, and $405 respectively. The trader has already paid off the first loan and made progress on the second loan. They believe that taking out loans to buy BTC is a smart move given the declining value of the US dollar. The post has received mixed reactions, with some supporting the strategy and others warning of the risks involved. The trader’s financial situation and ability to pay off the loans are crucial factors in determining the success of this approach. The main risks include a significant crash in BTC price and the potential loss of holdings through hacking. Overall, the trader sees this as a calculated risk worth taking for potential long-term gains.