4.5 Year Update: I Took Out $175,000 in Personal Loans to Buy Bitcoin!

tl;dr: Over the course of the past 4.5 years, I’ve taken out ~$175,000 in personal loans and 0% credit card balance transfer loans to purchase 5 Bitcoin. I've paid ~$18,000 in interest.

All loans were unsecured. No risk of liquidation. As mentioned in my previous (4 year) update, all loans were paid in full. This new loan is all I have outstanding.

I've been making updates every 6 months or so since the beginning. See my post history for previous updates.

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Today, June 19th, 2026 Bitcoin is trading at $63,00 per coin, which brings the current value of my 5₿ to $315,000.

The average price I paid is ~$38,600 per Bitcoin.

My total cost basis is ~$193,000 for 5₿ ($175k in loans + $18,000 in interest).

This comes to ~63% unrealized profit or ~$122,000 in dollar terms as of today.

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Not much new to report other than that I couldn’t resist this recent dip so I went ahead and took out another 0% interest credit card balance transfer for $15,000 and bought 0.25BTC.

This brings my total to 5 Bitcoin. I know I said I was done taking out loans, but with the price so low and the balance transfer loan at 0%, plus a 3% transfer fee, I thought to myself why not make it a clean 5 Bitcoin!

I’ve been throwing just about everything I have into it for the past 5 years anyway. I recently decided to start investing in the stock market again for the first time in ages. I feel like I have enough Bitcoin now that I can move on.

It won’t take me long to pay off this most recent loan, maybe 5-6 months at most. I can easily afford it.

I will say this though… Bitcoin has seriously underperformed what I originally anticipated. Last years bull market was underwhelming to say the least. It really hasn’t done much better than stocks the past 5 years.

Pretty much every single prediction I’ve heard about Bitcoin and institutional adoption of the past 5 years has failed to materialize. I’m sick of all the moonboys as much as I am the haters.

Not to mention, the Bitcoin community has become fragmented and kind of toxic if I’m being honest. I have had to filter out and unfollow a lot of people this past year in the Bitcoin community.

I still think Bitcoin is the apex asset but I’m going o be diversifying with new income moving forward. I will reassess in a 3 years time.