Bitcoin Forum

I am considering taking a loan to buy btc and eth, is it a good idea? Because btc and eth always go up in long term. They never die. There seems to be a great chance of getting huge profit instead of losing money. A few years ago somebody in this forum asked others the same question and everyone told him not to do that, look at the price now. If that guy did, he would have been rich now. Nowadays the situation is not different, the price will continue to go up. I think people who invest more will earn more profit eventually. What do you think?

NO NO NO!!! Find a way to make money somewhere else. Sell your shit. Do whatever. Just don't take out a loan! But if you must, I would advise putting it into Ethereum because they are due to have a protocol upgrade soon and with the current drama around bitcoin forks, it is becoming increasingly more apparent that bitcoin is not a viable solution to the improvement of currencies but is instead a store of value such as, gold.

I would recommend against it. This is an extremely risky business, I would not recommend risking money which you do not actually have. What if the market tanks before you need to return your loan? What if we will end up seeing significant rise in currency value but these will be farther in the future? after you're loan expires?
Would you take a loan to go to a casino?

No mate. You should never ever ever loan to buy crytocurrecies. Do other ways to earn some cash like having a stable job and use the money that you earn to buy Bitcoin. You could sell services here to earn some but don't loan at all.

Don't take a loan to invest in crypto. It's easy to say "if i had invested that much at that time, I would have made that much etc.." but crypto are very risky investments and you can't predict the future.

I do recommend you start invest in crypto because I believe its the future but only invest your own money and not more than you can afford to lose.

Only invest/trade/gamble what you can afford to lose.

Brothers, need careful consideration, even if the currency is rising for a long time, often also drop, if fell down, it's hard to withstand, and will sell BTC (from the experience of a loan
)

DON'T DO THIS!
Imagine yourself not only in a situation, where your investments go to the moon. Imagine yourself what you do if it goes to half or a third or a 1/10 of your initial buy. What you do? Can you imagine yourself repaying your loan and having nothing to show? Think about it. Only invest what you can afford to loose.

Ask someone who can invest to your trading shit but never do loan,trading $2000 for starter is a good amount you can double or triple it when you know how to play the market.

Number one rules: don't play with money you don't own. Don't invest what you're not willing / can afford to lose.
Just don't. Even when you belief in your investment. You can fuck up yours and your family's life if something goes wrong. And there are many factors in the fintech world.
Even if the crypto market booms right now, it goes up and down. You'll have sleepless nights and hodling will be painful. When you cannot sleep at nights you're probably over invested. Nobody can tell you what to do, but I wouldn't borrow money to play with.
Work, earn money and invest wisely.

I think thats not a good idea. The incriminate in the rates of the coin won’t be as fast as the interest rate that you will have to pay for the bank or the loan. I mean you must recalculate everything based on that and have the perfect math and back up plans if something goes wrong in anyway. I mean look at the wavy patterns of the prices, things might reverse at anytime and you may loose money if something goes wrong.


Plus you can not just rely on the fact of holding the bitcoin and ether and watch them grow, but what if they did not. Then you must have back up plan to reinvest your bitcoin or Ethereum to any other ways of earning money. So just have some facts considered before proceeding for it.

Please don't take any loans for crypto.

Suggest you think about it, after all, loans, investment risk is not large, generally every day and you will become very bad mood, need to worry about the effects of fluctuations in the price for you.

No i don’t recommend to take a loan to invest in cryptocurrencies because we can’t predict about cryptocurrency prices. If you are a newer to this field , don’t think again about that. If you don’t have no money to invest start joining aidrops and bounty campaigns. You can earn money from them and invest that money.

There is no point of denying this fact that taking loan is quite a risky thing to do but there is nothing to worry about. You can earn some handsome amount of money by investing in crypto and it will also help you in paying your debt. The thing which matters the most is your planning and the amount of knowledge you are having. If you are sure that you will be able to make out something good, only then go for taking loan.

This is a risky thing if you will invest for another investment like crypto its like a double bladed knife,just be careful

Dont do it! If you can't afford to loose it don't invest it. If you take out a loan and the marked gets a correction, (wich is needed soon) what do you do then? You bought your BTC for 11k and its worth only 8k. with the intrest on the loan you will loose even more then the 3k pr BTC

Dude, it's the worst idea ever. You are not taking into account the influence of obligations to your nervous and health. It would be very harmful for you. Plus there is no guarantee that you will be able to pay for your loan each month with profit from crypto.

Hi.  Really dont do it, its very reckless. As long as the market is bullish everything seems to be fine, but bears are waiting in the caves. Dont invest more money than you are willing to loose (look at confido).

Cheers

Nobody knows this for sure and things could turn ugly very quickly.


If you want to take up a loan to invest with, that's fine. People have been doing that for as long as money has existed and using loans to invest is just one of the many forms that arbitrage trades can take.

If you choose to go this way make sure that even if you lose everything you will be fine.

Always prepare for the absolute worst when trading with leverage.

I would not reccomend this. This is very risky. First of all you should be considering the monthly payments you will be making. So not unless you already have a stable income to support your basic needs and pay for this loan monthly, yoh should not be considering this option. But if you can afford the monthly payments while still survive, then by all means please do. And please update us here in the forum about how you are doing.

I think it is foolishness to want to take loan to invest into crypto, there is no wrong in starting small, another thing to consider now is the interest rate you are going to use to service the loan. Just don't do it in my opinion

The better you invest, the better you earn. it is important not to invest a lot
To analyze well and make the right investment
Your chances of winning are high, that's all

Rule number 1 : only invest to the extend of what you can cope to loose.

Taking loans jeopardize that rule.

That's not generally true. Loans can be a great way to increase your liquidity. Whether or not a loan would end up a potential issue with "that rule" depends on the skills of the individual in question.

I would highly recommend not to do this! BTC and ETH are likely to grow, but nobody can know what is coming in 2018 and maybe they will crash and we all loose out. Crypto, also BTC and ETH, is still like gambling. The most important rule therefore is: only invest what you are willing to loose. If you take a loan and find yourself suddenly in a bear market and your investment halved, you could have made the biggest mistake of your life. Dont do that, its too risky.

I think that I share the same opinion,although everything seems to indicate that the price will continue to rise as it has done so far it is extremely risky to invest through a loan,something can go wrong such as a change in prices to the contrary and you know that loans are in most cases with an interest rate so if something goes wrong you will not have a way to deal with such a payment commitment and the debt will become even bigger,however,everyone must use their own criteria and take their own decisions.

Do not do it ever! A loan is the last thing you should do if you want to start dealing with crypto. What if you make a mistake and make a wrong investment or buy an alt or BTC that will decrease? You will then have to pay twice, even three times (including %% from the loan).

Do not invest a money you cant afford to lose. PLEASE dont ever entertain that. Consider the loan payment you will be making every month and invest that amount in the Bitcoins.

Never do that,crypto market is totally crazy,if you will need money pay loans you will need to sell crypto with losses,there is also hacking in crypto etc never do that

Now let's speculate, as I'm doing a similar thing:

Say you have a stable monthly income of $3000 < your income which you are going to be paying for the monthly payments.
And you have more than the money you want to borrow already in a fund < your crash fund.
And you want to take a loan about $12000 to invest in your preferred coin.
The bank would ask, say $13000 for that loan, divided in monthly payments, at around $1080.

Given the scenario above, if you can be contend with $1920 income per month. Than I don't see why you can not make this work even if you suddenly become unemployed.

The discipline here is have enough buffer to tolerate risk of flash crashes like yesterday + not become greedy + follow the coin you had. For example, if you had a cold feet, simply sell your coins and sniff around a little before going back in.

Put stop loss orders and update it regularly to match to %20 of the current levels. < this is tricky. Exchanges tend to not obey the limits if a crash occurs. Simply because there won't be buyers at that level. This certainly complicates things.

Should a crash occur, try to buy at dips.

Don't spend the coin gains from the money you borrowed. Keep it in the system or in a separate account.

If you find your gains enough to stop the scheme, please do so. What's your target? I set my target to %50 gain, so as soon as I see that, I'd pay the loan early.

Nope. Bad Idea. You have seen posts of those who lost 20%, 50% and up to 80% of their funds because they made a wrong decision in trading. Even if you say you only plan to buy BTC and ETH. We don't know what will happen in the next coming weeks or months. What if they are right that Bitcoin is a bubble, where do you plan to get the money to pay for the loan. Get a loan if you plan to set up a business that lets you earn money.

I would never do something like this with crypto, you can easily get yourself into a debt by taking this approach.

I deeply understand that you want to join the crypto hype but loaning money for you to invest in cryptocurrencies is a big no. It's a gamble, for real.

No, don't doo it! Never take a loan for investments. Yes, bro, take it, you gonna be reach, gonna but Lambo and all girls of your district gonna wanna only you.  ;D
OK, it was just a joke.
In reality if you can make good predictions, can take a loan with low percents and you're in love with mathematics why not?  ;)

If you have no assets and find a bank silly enough to give you a loan, why not? They can't take your crypto away from you, so it's a win-win anyway it turns.

Taking a loan to invest or make an earning through cryptocurrency is same as that getting into gambling with an loan amount. You're not sure about the result, if lucky you get an earning with which you can repay the loan as well get a capital for further investment.

You really gotta think things through besides just, "Hey, if I would have put in money before, look where I would be now! That means that if I put in money now, I will be rich in a couple years!"

Here are some things to consider:

- If it's a personal loan, what are the fees, terms, and interest going to be? (what is the actual final price of what it will cost me?)

-To make a lot of gains in investing, you have to put in a lot of money, are you willing to enter a real life financial obligation for this?

-crypto only makes you money or makes you lose money if you sell or trade.  So if you want to make back what you invested you will have to sell it off to pay off your loan and then you are left with very little capital to trade with.

- What other sources of income can I tap into instead of investing?

-And finally, why not just invest a little by little instead of one big chunk at a time? Build up your assets over time?

Good luck, have fun, but be smart!

This would be the worst thing you can ever do. Never invest in stock or crypto market with loan money. You can totally bankrupt and you can waste your whole life to pay that loan money.

Always use your own money if you have.

You have to make a decision on this issue because it is very risky and at this stage I would not definitely do that

Never pick a loan - this is my rule. Unless you're building a big company (and you really know what you're doing) it's not worth to take a loan IMO.

i know that sound good to you but it's an unstable market .it would be very risky to take a loan and then huge dump and you can't pay until there's a pimp move

Join the recommendations of the majority of previous commentators. It is a risky venture and you must be ready to loose everything. If  you do not have money now, what will you do (hope not) in case of loosing the loan? Take your time and earn own money and then invest.

No fucking hell.

I think this is the worst decision for me. If you have some money that you can survive without it then you  invest in some cryptocurrency with that money. But if you take loan for investing in cryptocurrency then you will get in big problem soon or later. Because it is very risky. You may need to wait for many month to get some profit from your investment. If that money is not your own money that's mean you are in big trouble. I wouldn't take loan to invest in cryptocurrencies.

No, the first rule when you want to invest is only invest what you can afford to lose. Most of us here predicted that bitcoin and eth will increase in the future, but nobody knows for sure what will happen. If something unexpected happen and suddenly you suffer a lot of losses then it will be hard for you to get up again because you have to repay the loan. You should've spared your salary every month and leave some for investment purpose.

The advice in crypto dealings is to NEVER invest what you can not afford to lose. So why take a loan to gamble on coin whose future can not be predicted. Remember you are paying back principle plus interest. Sell some stuff and invest but not loan.

I think you made a great point, but you need to think about now is that you will need a great lending platform which can loan with low interest with you.:)I would recommend one to you--Eash,check https://bitcointalk.org/index.php?topic=2378605.0 (https://bitcointalk.org/index.php?topic=2378605.0)， their free airdrop is now open.

If % is not very high(below 10%) - it's ok, I think.

As of now this is the best idea if you don't have money to invest but aware of cryptocurrencies

The interest payment can be only upto 10 to 20 % but while you can earn more than 100% if you invest in top market cap tokens

Try to be smart and be cautious in Crypto market.

You have a positive attitude and you seem quite optimistic which is good in most cases but we are all talking about Crypto. This is a world full risks.

I do not recommend taking a loan to make a few dollars more. Yes, there is profit in cryptocurrencies, with Bitcoin and Ethereum usually climbing, but they go up and they go down. If the risk factor was low then my recommendation would be to go ahead blindfolded.

Best option would be for you to work a few months hard, make a $2k-$3k and then invest from there. Whatever profit you make from there, use that to invest in other coins and leave your initial investment there untouched.

Although you believe prices will continue to rise but Taking a loan to invest in Cryptocurrency is the most dangerous thing because if you suffer a loss you will feel the burden to pay the loan. If you really like challenges and dare to take risks. There is another way for that and I think it would be better than a loan
the way is to sell less-needed assets

I took some loan, but I had a comfort to do it. Good salary and small amount of a loan.
Yeah I have earned money on that move and I will probably get much more, but I don't advise you to do it.
If you are new to crypto DON'T DO IT. Believe me, I now laugh hard when I look on my first trades where I lost my money.

To be honest, I don't think that's a good idea. Why would you loan just for cryptocurrencies? We all know that investing on cryptocurrencies are risky. There are times your coin's value goes up, and others go down. Let's say you are borrowing $1,000 to invest on one cryptocurrency, promising the lender to pay him back in due time plus the interest. A couple of months later, that cryptocurrency you've invested crashed and it struggles to recover in raising its price.

I never borrowed money for the sake of buying cryptocurrencies. I just put aside a little part of my income to invest in some cryptocurrencies rather than borrowing. On top of that, participating in airdrops and bounties is what I am doing for most of the time instead of investing.

It's better if you roll up your sleeve work hard at your day job, learning some trading skills and only invest what you can afford to HODL for a long period of time. you don't want any stress. buy small amounts every paycycle!!! it adds up :)

Why?? No, man! There are many other ways to earn crypto - participate in bounty, join to contests.

For example, E-CHAT Bounty Campaign (https://bitcointalk.org/index.php?topic=2219278.0). Now they almost finish the contest, where the prize fund more than 27 000 $!

i am not against for what was your opinion let say you can get a lot of information here and also some advice for what must gonna do but unfortunately it is up to you if you are taking for what others might gonna tell you cause the decision will always be with you on what do you think for may be the best for you so if you think that taking the loan to buy btc and eth are good and you are afraid of for what was the price and you really wanted to be rich then go for it.

What you are doing is really risky and obviously in hind sight it was right to have got in. Scared money doesn't make money.

No person would let you loan any amount that would be paid in an indefinite time. The example you gave about that guy is just you fantasizing about being rich. Take your time and earn your own money to invest in, it doesn't have to be a huge capital you can always start small.

Dont do that, dont take loan. Better buy monthly or weekly with little money and at the end you will end up with more money :) dont worry about missing btc or ethereum train. There is still long way to go up. Whats haplening now iys only peanuts :)

As if you want to invest you mean you want to make profit and business philosophy that high risk high return. If you want to make money and want to earn profit then you should make a decision that the risk factor is also involved with the loan and the outcome of this loan. If you are bold to take a loan for investment you should take now because now is the time to make a decision the price is increasing again.

I know many people who took the credits and bought BTC, have made much x and have returned ahead of schedule, but then the price was less, I wouldn't begin to take the credit for purchase of coins now, it is better to do baunty and to gradually augment the capital, than to think then how to return the credit.

Yes I agree with your decision to take loan and invest in crypto because as we seen from last year both Ether and Bitcoin gave 20x return and this will continue in  future as well because bitcoin is the mother currency of all crypto currency and most of well-known online sites accepted Bitcoin for payment gate way, also i heard last month the world's biggest online selling site Amazon also thinking to accept Bitcion , if this happen bitcoin demand will rise more and more so bitcoin will pump 50% from current level, other side the only Ether can have capacity to compare bitcoin.Invest in both coin as your portfolio.

Well, I consider it as an option only in the case if you particulary know what to do with that monwy in crypto world - immidiately invest and so on...in other cases - no.

>Taking a loan to invest in cryptocurrencies?

I really don't think that it's good idea  ;) :)

Wow! What can I say! You are taking a loan to invest in Cryptocurrency! That may not be a good Idea since Cryptocurrency market is like other market! Everything in your portfolio coild worth nothing in a blink of an eye and at the same time you could have 1000% in a very short term also. Weigh in the risk you are willing to take and decide accordingly!

That is very risky. Bear in mind that you will have to pay the loan back, with probably high % interest even if BTC and ETH fall.
I can understand why people do this, but obviously this is really increasing the risk. Whether or not that is okay is up to individual circumstances, there is no one correct answer.

I know a guy that did this and payed to loan back in a matter of weeks. But he did that in february 2017 (invested in Ripple back then). Since then Bitcoin soared x10, so I definitely would not do that. The risk of not being able to pay back the loan is too high. Crypto is still like gambling and taking a loan can have really unpleasant consequences when one is not able to buy it back. If you still want to do it, then do it only with a small sum that turn your whole life to around if it doesnt work out as planned.

I think that's a mad idea- if you cannot afford investing than just don't do it. Otherwise you are only up for troubles. As nothing good will come out of it. That's my advice, but the risk is always on your side

I'd say that it would be a bad idea to take a loan out. The reason being - No loan you repay back what you asked for originally. So instantly you'll owe more back. You'll then have to see when the price is right for you to get the most out of it. (Don't forget you have fees to pay for buying/selling via some exchanges) so before you'd take profit you need to weigh up all of the money that would be extra before you even begin to think about taking a loan out.

I think its okay but it so risky, my friend got a loan and he invest in cryptocurrency and he got a profit, i think we need a strategy to make a success in cryptocurrency.

That's a bad idea and will become your nightmare. Your faith about btc and eth is good but you take the wrong step to start it. There's risk you and we all know about replace money on the crypto world. First, how about the price is stuck at low and has no volume. Second, btc and eth always go up but they need time and no one knows when it happen?. You should think again and I hope you take another way. Good luck to you.

The logic is sound but it ignores the fact that there is a huge amount of risk attached. Everyone will always tell you not to invest more than you can lose, you could seriously mess your life up if you take out a big loan and then can't pay it back. Overall I would advise against it even though the likelihood is that it would work out.

will never recommend anyone to take loan for buying BTC. I agree there are good chances you will make lots of money, but there is a small chance that you will loose it. And if this happens you life will go down . Better invest maximum 50& of your saving, so if you loose it also , your life still will be stable.

with this comments and advices i think you jave got your answers clearly?
its a big NO how could you imagine making a business that a capital wasnt yours?
do you think crypto is like a wet market that just needed to display your product
and costumer will come to pick and pay?this is one of the riskiest community that
offers you profit so you better think thousand times before going whats your thinking...

It's a no no for me. I will not recommend you to take a loan it will just bring you down mate believe me. I highly recommend if you are willing to take risk then you should try ICO bounties because it is acceptable to lose time than lose our money most especially if it was from a loan. Considering that you are new to this cryptocurrency world, did you really know the possible consequences of your plan? Cryptocurrency is volatile mate it's unstable and I don't think if you really know what you're doing. Investment is risky but if you still insist your plan then much better you will be having a good timing, methods and strategy in investing crypto markets for you to be able to pay your loan. I know loans have interests but you can still invest anytime you want since Bitcoin continue to skyrocket these days and hopefully will still in the future.

I would advise against taking a loan, try putting some money aside from your day job and put those into crypto.
You might be feeling that you are missing out but taking a loan can bring more problems that it resolves.

That is so risky means of investing.But it's still on your hand if you could handle that risk. There are only two possibilities you can get if you do that. First, you will succeed and get rich and second is you failed and lose all your money with outstanding loans. Anyway it's still up to you if you want to try your luck on doing such big decision.As we all know bitcoin is very volatile, who knows such decision can make you a successful investor but still be always ready to accept failure.Wish you luck!

Some people say never do things like this as it's reckless, but I would never say never. It's all about timing, would it be stupid to get a loan for bitcoin at these prices, probably. But if bitcoin crashed to $2000, I would say it's a calculated risk and worth a shot.

Before you take up the loan, are you able to cover the interests with the profits? Interests can be rolled to a big amount and you end up paying your profit into interests repayment.

You have your points here, but it is risky to take up a loan to invest. You should invest with your spare money to avoid unnecessary stress and trouble if the investment don’t work out well.

Sure, take a loan.  But... consider this - Your investment could very likely can go down 80%, or 100%.  Envision yourself in one year from now with no crypto and still paying your loan.  If you are cool with that risk, then go for it.  

Crypto is about the most volatile thing you can invest in.  Maybe stock derivatives (options) are about as risky.  

I would only advise you to take a loan IF you already have the means to fully pay it in case your crypto investment goes wrong. Like, if you have $10k already and you wanna loan ~8-9k, then its fine because if things go south your initial 10k can cover your losses.

If you don't have the capital to back it up in case it fails, then i see it as extremely risky and wouldn't recommend it.

I strongly discourage it because of the very high risk unless you can see the future btc or cryptocurrency price.

Invest on cryptocurrencies by taking loan is not a bad idea but for this don,t do for other expectations because this is risk and after do this risk you have a great and confidential grip of your business for example if you wants to invest on cryptocurrencies by taking some loan at first you mus have the good idea about these coins which you want to invest you must have analytical knowledge and market knowledge and altcoins movement and bitcoin movement etc.

In the past, I took a loan for $ 1000 and I managed to multiply it several times. I sincerely advise you to buy at the bottom.

This is a bad idea.  Nothing is  guaranteed, not even the rice of Bitcoin.  If you are dead set on taking a loan out I would only take out a small loan, something you can easily pay back, and go from there. 

To my mind, to invest in Bitcoin and ETH is a great idea, even if you need to take a loan. Honestly speaking, for the last half of the year has grown 5 times. So it's easy to count what would be better profit or percentage of the loan to pay back.

To be fair, whats the downside of the OP taking out a loan and not being able to pay it off  - bankrupcty?

Its not the end of the world. Thousands of people go bankrupt every month. It ruins your ability to get credit etc for a few years, but its hardly the end of the world.

I dont think this is a good idea. The market of crptoworld is super unstable, you can gain a lot of money in a few days and you can also lost half of them in one day. So the correct way is using your free money to play. Because this will not change your life too much if you meet a big dump.

Depending on the loan you take you won't even go bankrupt. And younger folks have all the time in the world to pay off loans even if things go south. It all depends on the individual situation and strategy, but loans can be great tools.

In the world of the cryptocurrencies, anything can happen. Nothing is 100 percent sure and everything is changeable. Investing into cryptocurrencies is the good choice cause they are the next wave of the future money but as I said nothing is guaranteed. Investing with your own money is good if you have the plan and good management of your money. Bitcoin and Ethereum are on the rise right now and investing right now would be a good move but taking a loan for that investment would be by my opinion a wrong choice. If something goes wrong and cryptos start to fall in its price or something new is created that would ruin cryptos what will you do then? The loan must be paid back and with the bigger value then you got it when you were loaning. Investing with your own money is the good thing to do right now but loaning the money I the bad choice.

For whatever reason you say I strongly advise you not to do so. maybe this time you are just thinking about the benefits you imagine the previous experience of someone who once asked you about the same thing as you. but again I still recommend to you you should not do that because the loan you will do to buy some crypto to make an investment this will only add to your problems only. even if you get a profit I think this is just the beginning of the loss that you will get later. because the way you do is to borrow just for an investment in crypto it is like an opiate that will force you to continue to borrow and of course this is a bad habit.

Crypto currency is a good way to make a lot of money, but in no case can you buy coins for credit money. It should be remembered that their price is too unstable and it can bring loss of money in case of a price reduction.

As long as you can stomach the inevitable drops and bubble bursts that will occur :P Goodluck!

I think its not a good idea, Don't take loan,  I would not recommend risking money which you do not actually have.
If you have Extra money then you can invest in cryptocurrencies.

I think it's a lot better to just save a little and invest week by way, rather than gambling all your future finances on it. It is very risky.

I dont think it's a good idea if you dont have money then it's better to do airdrp or bounty, it's a lot safer and you will feel more confortable trading with it because you are not going to care if u lose it

Thats the last time i will do,taking a loan for crypto has a lot more risky than loaning money for a business,crypto market is very volatile you can lose your money faster than trading in stocks or forex.

I would invest what you can, not riddle yourself with debt. I have seen some people pull this off, but it is very risky.

The first rule of cryptocurrency you do not invest what you can't afford to lose. The second rule of cryptocurrency is you DO NOT invest what you can not afford to lose. Can you afford to lose a loan? I don't think so

High risk, my personal opinion is you should never invest money you can't lose.

It is risky to take up a loan to invest. You should invest with your spare money to avoid unnecessary stress and trouble in case if the investment doesn't work out as expected.

I of were you my friend not i will never do it because doing it has a very HIGH RISK especially when you are a newbie and also do other things to ear invest in well knowed altcoin or maybe bitcoin becuase in this way your are sure and know what you are doing and also you can ask your friend if you are having a hard time

In fact, the idea is not bad, but anything can happen, and you should have another opportunity to pay off the loan .. In any case, take a loan with good conditions

Never take a loan to do this. Remember you have to pay it all back. What if it simply crashes hard

if you have calculated everything, you can take a loan...the few can afford to invest their savings...and the few have such savings...and if you consider this as your business, then the loan can be a good start...but you need to calculate everything and not be guided by emotions

IMO don't take a loan to invest in BTC or ETH. what if it tanks or doesn't make enough profit to repay the loans? i would advise to invest time into Bounties and earn that way then you can use from that to potentially invest in other ventures long term. and with bounties the only thing it cost is a little bit of your time.

This is the worse thing you can possibly do. This crypto world is completely unpredictable. Bitcoin in the past has already corrected losing up to 90% if its price - and it did it several times. You con't want to do that.

Awgh.. This is playing extremely risky! I would never do something like that. You know the most important rule in crypto: Only invest what you can afford to lose. In your case, you can't afford to lose money from a loan as it is not your money.

IF you take out a loan and the marked gets a correction so don't do it.it the worst idea ever because we can't predict crypto currency prices if you are newer to this field don't think again about that

Investments are always risky no matter what anyone is saying. I would advice against taking out a loan to invest in volatile crypto's.
A little bad luck is all it takes.

For investment you should never take out loans - this is a very big risk! Even if the temptation is high, don't do it! Learn from the mistakes of others! I took out a loan for one project and still pay for it! Better to start with smaller amounts and develop. Invest only that you are not afraid to lose

You shouldn't boi unless you have legit insider news that indicate some movements on a particular crypto, don't take loans to invest crypto-currencies as they are too risky for anyone to handle, a $50,000 loan might just be $20,000 in days if you aren't careful, assuming you have a job and wouldn't be 100% focus on cryptocurrency don't do that, even it does try to borrow funds that you could pay off easily.

BUT, investing Ethereum is more safe that bitcoin, i MIGHT do the same thing but just for safe plays.

Guess we are all afraid of losing money, it's good to recall why you didn't buy like months ago that could make you rich NOW. But that's just isn't helpful when you are truly making decisions on your trades, becoming hesitant often happens to me if I looking too much backwards, maybe you could start up small and looking for better entries after getting your loans, like 50% in USDT and finding multiple entries to your target ETH/BTC slowly over days/months. That's what i could suggest if you trying to make big plays in cryptoworld through ... loans  :-\

Don't take a loan in order to just invest in the cryptocurrencies because one of the rule in investing into cryptocurrencies is to invest what you can only afford to lose and if you will not do that then you could possibly lose money in your investment and it will be like a double loss since you just get your money from a loan.

Taking loan for crypto Investment is not my kind of idea because the loan has interest and duration of payment. If the bitcoin increase do not go your way within that duration then you are finished. It;s a very risky business. Look before you leap.

Most people here will say that its not good move but for me, its fine
 Many businesses are still in a loan as of now but they are still earning because the profits is bigger than the interest of the loan. Me too have faith that bitcoin and altcoins will still grow because the market is still raw.

No, your idea is clearly dangerous, and you'll be in a very passive position if there's any negative news about bitcoin.

If you feel that cryptocurrencies will give you profit then go but mind this that in crypto world expect a very high risk.

This Idea is quiet rational to me if you have an adequate idea of what you are doing.
Just consider the time frame of you loan with respect to your crypto-investment.

Lets say for instance, you have a loan that has a 1year term.
1 year in crypto with investment would bring you massive profit if you are in right path of crypto like stable bitcoin and ethereum.

Regarding maximizing ICO profit, I suggest you to invest in PINCOIN ICO. This will be huge in 2018, you will triple of tenth fold your holdings in right coin. At the end of the line, your decision matters, as long as you love your work.

That is the biggest mistake that newbies do. This is golden rule, never invest with someone else's money, including bank's. If you have 100 usd, just invest it make it bigger and invest more because in case you lose the investment money, how will you pay loan?

I always said no for taking a loan for investing in cryptocurrencies. We should put the money here what we can afford to loose but not put the survival at stake. Keep u r kool calm and study the markets instead before u proceed for a loan or something kind of that. Even if u have money invest in ETH and wait for long term, thats all i can suggest for u .All the best.

Number one rules: don't play with money you don't own. Don't invest what you're not willing / can afford to lose.
Just don't. Even when you belief in your investment. You can fuck up yours and your family's life if something goes wrong. And there are many factors in the fintech world.
Even if the crypto market booms right now, it goes up and down. You'll have sleepless nights and hodling will be painful. When you cannot sleep at nights you're probably over invested. Nobody can tell you what to do, but I wouldn't borrow money to play with.
Work, earn money and invest wisely.

Taking loan to make an investment is not a smart idea.  :)

Could not be agree more! one of my closest friend did it and he spoiled his life and everything. I really suggest you that you stay away from loan when it comes to investing.

This partly depends on how much loan  will you  get,And is this loan with favorable conditions?(Easy or difficult interest rate.Business loan/Consumer Loan) and how much will you pay to recover loan,If your business idea  fails.But I still do not recommend to be dependent on the banks.Especially,I do not  recommend you the Mortgage loans.Yes,Its true we believe,That btc price will rise up, But what will you do in another situation? How  will you pay your loans?
    This decision should be taken by only you,People who wrote that such approach was profitable for him,It does not mean that this will be same for you,and If numbers/% of loan are not your thing, hire a financial professional to explain everything.

No i don't think taking a loan to buy Bitcoin or ethereum would be a good idea at all. If you don't have enough money to invest you should not invest in cryptocurrency as you can't afford to lose the money you still have. And taking a loan just for  investing in altcoins may or even may not work as there is always a risk for those to fail. I think you should first earn some money and invest only thag much amount of money which you can afford to lose.

It depends on where you are going to take the loan, if you are going to take some exchange, be very careful not to turn it into a snowball, I have already seen some users here in the forum who took loans and simply could not pay later, making their debt grow every day more. If you take the bank, keep an eye too because many banks charge 2% to 10% a month on loans.

Something interesting to do and sell some good and invest in the currency, so the profit you have will not need to split with the bank or any guarantor you choose.

Investing credit funds is very dangerous, because the price of the crypto currency is too unstable. It should be remembered that besides good growth there were also significant price drops.

Never take a loan , no matter what , only if you know for sure that you will have the options to pay back that amount if money. Also , to get loans in cryptos sounds like a super bad ideea. One day you pay more , one day less , you never know for sure how much you will pay.

if you have not money for investment you should join signature and bounty campaign they will pay you in BTC than you can trade easily

Taking out a huge loan is never a good idea! Bitcoin is so volatile - make sure you use your own money by saving up and working !! do not take it out in case it bankrupts you horribly

Loans have never been a good idea because this is like a gamble, what happens if your investment does not payback in good time or it turns out to be a bad investment??

If you are expecting some cash from somewhere you can go ahead and get a loan because bitcoin prices are not going to be on hold and you would want to be like our friend that misse the chance to get a loan, good luck

Taking a loan to go to cryptology is a very bad idea. No wonder the traders say "Wait in kriptonok just as much as not boshishya lose." Kriptonok is now a wild west. You can both quickly enrich, and quickly go bankrupt.

i think its the best decision to take loan but take loan low amount of money because bitcoin maybe decrease their value. that's why be carefull.

I don't recommend take out a loan to invest in cryptocurrencies, its very risky, crypto price is very unstable.
It is wise not to risk money that is not yours.

To me, i will recommend otherwise, Yes the gain that comes out of such investment (if everything goes positive) thrills, but come to think how bad the negative side of the news can be, especially when the loan was taken from "a no nonsense taking" institution.

PLEASE DON'T TAKE LOAN FOR A BUSINESS YOU HAVE NO CONTROL OVER.    

dont take a loan for high risk investments, that is not a good plan