Hi guys! I took out several loans in the past two months in order to ride the Bitcoin hype train to new all-time highs. I bought most of my current holdings around the 68k mark with the various loans I received but I've failed to pay back almost all of them because of the price drop and they came with super high interest.
I used my Condo as collateral for my first loan and the bank is already mailing me regarding confiscating my property. Is there any way I could get myself back into good financial standing? Should I double down on another loan and hope the price skyrockets?
Thank you so much in advance!
EDIT: I bought in at that price because I heard of an event in Spain regarding bulls or something like that. Did the event end or has it not begun yet?
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