SLP273 Andy Edstrom - Bitcoin and Leverage: Don’t Get Rekt

<p>Andy Edstrom rejoins me on the show to talk about Bitcoin, leverage, and not getting Rekt! We chat:</p> <ul> <li>What’s changed in the market in recent years</li> <li>Why use leverage</li> <li>Risks and costs with leverage</li> <li>Supercycle or not</li> <li>SWR and FIRE crossovers with collateralization</li> <li>Bitcoin side hustles or jobs</li> </ul> <p><strong>Andrew Edstom links:</strong></p> <ul> <li>Twitter: <a href="https://twitter.com/edstromandrew">@edstromandrew&nbsp;</a></li> <li>Article: <a href="https://www.btctimes.com/insight/dont-get-rekt">Don't Get Rekt</a></li> <li>Site: <a href="http://www.andyedstrom.com/">AndyEdstrom.com</a></li> <li>Prior episode: <a href="https://stephanlivera.com/episode/157/">SLP157 Andy Edstrom - Bad Options For The Fiat Debt Problem &amp; Why Buy Bitcoin</a></li> </ul> <p><strong>Sponsors:</strong></p> <ul> <li><a href="http://swanbitcoin.com/livera" rel="noreferrer noopener" target="_blank">Swan Bitcoin</a></li> <li><a href="http://lend.hodlhodl.com/" rel="noreferrer noopener" target="_blank">Hodl Hodl Lend</a></li> <li><a href="http://compassmining.io/" rel="noreferrer noopener" target="_blank">Compass Mining</a></li> <li><a href="https://unchained-capital.com/the-vault-concierge-onboarding-package/" rel="noreferrer noopener" target="_blank">Unchained Capital</a> (code LIVERA)</li> <li><a href="https://cyphersafe.io/" rel="noreferrer noopener" target="_blank">CypherSafe</a> (code LIVERA)</li> <li><a href="http://coinkite.com/" rel="noreferrer noopener" target="_blank">CoinKite.com</a> (code LIVERA)</li> </ul> <p><strong>Stephan Livera links:</strong></p> <ul> <li><a href="https://stephanlivera.com/" rel="noreferrer noopener" target="_blank">Show notes and website</a></li> <li><a href="https://twitter.com/stephanlivera" rel="noreferrer noopener" target="_blank">Follow me on twitter @stephanlivera</a></li> <li><a href="https://plinkhq.com/i/1415720320" rel="noreferrer noopener" target="_blank">Subscribe to the podcast</a></li> <l