Am I gambling?

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Am I gambling?

I took out an over collaterilzed loan against my btc (29.8 LTV at 4.8 interest) to buy more crypto (ETH SOL). Is this risky/gambling? Plan to HODL or hopefully when the market recovers sell to pay off the loan make a profit.

Edit eth sol

Edit

I couldn’t resist buying the dip – I have other assets well over the collateralized and loan amount I don’t want to sell (tax purposes etc.) just couldn’t resist buying the dip.

Bianka Travis Answered question
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