Bitcoin Forum

My wealth plan for next 3 years

I will take loans becouse fiat value is high so usd value ATH.
I will invest in btc,gold,silver becouse money is now expensive so when i borrow now the bull run Will make profit i make profit and from the profit i make money for myself and i can Pay the % to lender.
Off course also i'll buy AIDOGE coin becouse 1000x i will make with this coin after 2 years.
The world economy right now is like some shtcoin pumping and when everybody short the whales Will pump it more to make you FOMO in exacly after 2 years.

The whales Are fed, ws,ecb,boe and other big Banks the world is like some shtcoin what the whales keep pumping until everybody Will lose their guard and Will buy the top becouse of FOMO.

I have 2-3 years to get out of the assets but right now i'll get rid of money i'll invest all the money becouse i know upcoming inflation will eat all the value of money.
In the next 2 -3 years my money only Will be bitcoin If i want to buy bread and Milk i just convert btc to fiat other then that not smart to hold any fiat currency.

And off course after one year i start buying by DCA USDC becouse USDC gona be world reserve currency so off course i'll invest in this early.

Investing in Bitcoin with long strategy spanning 3 years is a good and prudent approach, provided you have sufficient source of incomes to finance your monthly installments of loan. However as we are all well aware of that all financial markets are volatile and in particular Bitcoin which can potentially fall to the extent of 80%, as shown in its historical trends. Therefore , success of your plan will largely depend on your ability to continue funding your loan installments and Bitcoin market market movement in line with your expectation within next 3 years. It would be wise to carefully consider all risk factors before making investment decision.

As an economist, I don't think you really map out your plans very well; all I could possibly imagine from the few things I understood from your content is more debt. Borrowing money to invest in crypto currency without having a primary source of income is something that's highly discouraged because it can endanger you and put you into more debt. When doing your calculation, did you not look at the negative side of investment? Your analysis is actually not complete if you don't do a proper calculation of risk.

How long do you actually think that the person who lends you the money can wait for you to pay it back without you incurring more debt to your head, and the lender might actually sell off your collateral if you don't meet up and become a loan defaulter?
I will sincerely advise you never to take a loan from anyone just to invest in crypto currency with the hope of paying it back with your profit made from the investment. It's actually a very bad investment strategy; it might work for others, but the chances of it failing for you are very high.

I see 3 years max but i'll start getting out from the assets in 2 years while fiat falling i'll dca fiat currencies becouse after 3 years fiat value goes super high so it's good to hold fiat that time.

The bull run can grow capital in the next few months so much that i can fully pay back the loan.

Note, it is not advisable to take a loan to buy Bitcoin, this may be a suicide mission because of what will happen if Bitcoin goes opposite your predictions because there is no certainty when the bull run will happen so what if Bitcoin didn't meet your price predictions?


The only way you can take such loans to buy Bitcoin is when the loan comes with zero interest rates for the long term, even at you still have Bitcoin volatility to consider.

Conceptually a good plan, but there are nuances:
1. Big risk - loans, their security for this period
2. No less risk - counting on "guaranteed growth of cryptocurrencies"
3. Lack of an airbag (I will transfer all fiat to crypto)

From the good: diversification (crypto, gold, silver). But I would still keep some of it in currency or currencies. There are situations when you cannot use crypto/gold/silver.

Risk management is a very rewarding process, and unless you live in a very stable country, this is a must-have!

In any case - you success and good luck! And profit :)

You’re freshly starting out on your wealth plan which would last three years. Having little/no capital of your own, you resort naturally to borrowing from the bank. I think that’s your first hiccup. Borrowing money from the bank for investment purposes which could or could not give you a good profits after a while is not ideal. The interest accrued would be accumulating while you wait for the profit from your investments that may never come. In this scenario, one thing’s for sure, the money owed to the bank would have to be paid irrespective of you having a profit or not.

If you want to hold all of your money in bitcoin, good for you. But knowing amongst your daily expenses, you might have to use fiat to pay for whatever, why hold all your money in bitcoin.
Personally, I wouldn’t put the whole of my money on one particular asset. It’s just feel right.

I totally agree with you, moreover dicrypto investment is very risky and has high volatility, while installments and interest must be paid according to the due date, maybe this case will work for 1 out of 10 people, the rest may have bad luck.

Risky maybe for you not for me biggest problem with people is that you don't want to learn how the system works.
Learn how it works it's script and learn the script.

Why do you have to take loan in other to invest in bitcoin, the best way to acquire bitcoin is by earning it, try to be creative and engage rendering valuable services where necessary or needed and receive your payment in bitcoin instead of going on loan and be in debt just because you wanted to invest.


Your plan is a good thing to hear but not an ideal path to take, for you to choose bitcoin as your investment plan is one of the best decisions to make in financial investment because bitcoin is very profitable if you can hodl, also making diversification is not bad as well, but what is the essence of your investment if later the profits earned were used to make loan settlement of debts, what's then your profits.

Having a plan is good enough than to not have ideas at all. But investment is not as simple as you think. There are risks involved especially in Bitcoin but also with gold and other assets; nothing is assured. For a very volatile asset, it would be wrong to expect huge and instant profit. Also, it would depend on the amount you would be invest; higher risk leads to high returns but would also mean bigger risk if ever things won't go as expected. Taking a loan would be a good idea but it does depend to where would you use it  As far as I have known, it would be better to use it with properties in particular with field of leasing in order to generate profit continuously unlike with other assets which would require you to wait for a better market behavior.

Whatever your plans are to hold bitcoin and other cryptocurrencies for a few years no one on this forum can tell you that you are doing it wrong. Because it's your money in the first place. And maybe to others, they will say that your way is not good, but even so, if you borrow money to buy Bitcoin and other cryptos there is no problem as long as it does not cause problems for you.

It's hard to get a loan but you don't have a source from which you can get the money to pay off the loan, right, but if you have a job and a business that you're busy with, I don't see a problem with that as long as you can manage it properly, go ahead. just the important thing is that you know the consequences of the decision you will make.

It would be great if you could plan for the next three years from now and if you could learn a script for something that would give you an advantage, I don't think it hurts for you to keep trying even though other people may not have the ability to try it. But what you need to remember one thing is that you can plan as well as possible, but what determines whether your path to wealth is good or bad is the condition of this world.

Because no one will know how the world conditions, the economy, technological developments and also global market conditions will be in the coming year, although good planning is really needed for everyone who wants to rise to be rich in their life. And one more thing, if you are really not afraid of risks, I think you are a very brave person, but don't be too desperate to do something before you have actually researched and also studied any work system.

There are loads of problems with this plan.

First is the fact that you are literary investing in a shitcoin hoping for a pump, in a long term no less! Shitcoins have no future, the best outcome is a pump in short term where you should get out of them immediately if that pump happened. And better yet not enter until the pump starts.

Secondly the economy is in a very weird situation starting from last year and will continue being in this state for the foreseeable future. This means this type of investment (taking loan and investing in cryptocurrencies) is extremely high risk specially since the altcoin market will be dumped hard multiple times in times like this.

Finally the loan itself is the worst idea ever because the governments that are struggling to keep the inflation low are and will continue increasing interest rates and that eats up into that little possible profit you were hoping to make.
As they say never invest what you can't afford to lose.

It’s not entirely bad to have majority of one’s holdings in bitcoin because of the advantages it has over other assets or currencies. But even a bitcoin maximalist Woolf advise you to have some funds in fiat because of daily expenses and unplanned expenses too. Going to bitcoin to every time when one needs funds to spend doesn’t seems right to me because there are days and even weeks where bitcoin would be dumping due to its volatility mostly during the bearish period and it is bad to sell at this particular period because of the losses it incurs.


Even though USDC is regarded a stable coin the recent happenings around like the depegging is something you need to watch out for. I think it’s too much of a risk to consider USDC an investment asset for the future.

You should also consider the possibility that your plans might not go your way. Many people have experienced the losses of buying Bitcoin through credit. Are you sure about this, you should think again. Not all your plans are likely to work as they are. This is true for all of us. You still managed to come up with a plan. Now reconsider your plan and listen to the topics mentioned in the comments. This is my humble suggestion to you.

Of course, not all comments may be correct, but you can review and analyze within the framework of your own logic. We may need to go over our plans when the economy is not doing well.

For me this is just like the wish of the inexperienced investor who only thinks of how to make profit from his investment and never thought of the challenges, the economic challenges that won't allow you breath out those wishful thinking you had earlier. If you want to borrow to invest in a volatile market, what is your shock absorber when you are not making profit? 

If you talk of getting a loan , do you also talk of interest rate on the loan depending on where you got the loan. Of course it is difficult to get loan from family to invest in cryptocurrency because most families believe the loan will not be profitable in the business, that the money will disappear in the market. If you are getting a third party loan or through the bank then you can be sure to add 10%-11% interest on the loan. Add such interest up and know what percentage margin in profit that you are expecting before repayment. Take the advise that you have not made a real visibility study on your 3 years plan if you want to rely on loan for it, you are better with saving up the money than going for loan.

It's a good thinking to have a plan for your future in the next 3 years. But taking a loan for investing in a "volatile" system is just too risky. It could be advisable if you could pay up those loans because for sure it has interest and your salary are high that you will always have extra money for investment.

So you said you will put all your fiat money to digital which is a red flag, since in case you need money like fiat then there would be a problem since your money is at investment and at stake so it might lose before you even cash out some money. It's a good way to think positive in your plan but also consider the fact that there's also a big possibility that it may not go according to your plan so think wisely.

Your wealth plan sounds very risky and speculative. Taking loans to invest in volatile assets like crypto, gold, and silver could backfire if the market goes against you. You could end up losing more than you borrowed and having trouble paying back your debt. Also, investing in unknown coins like AIDOGE1 could be a scam or a pump and dump scheme. You should do your own research and due diligence before investing in any crypto project.

Quite brave and every decision requires its own risk. But how does the loan system work? I mean with interest every year that you are sure to bear and what kind of guarantee is it to maintain the borrower's trust? As far as I know, having a loan for 3 years is a very risky loan and the guarantee level is definitely not easy. Just wanted to know the system works as you will be planning to invest in Bitcoin and of course some other stable assets.

That is not going to work with extreme ends because you have not considered any ups and downs in the market that will come in those three years of time period. Imagine, you taking the loan at interest rate of 7-2% per anun and buying bitcoin with market price “X”.  However in two years bitcoin went bearish which could be anywhere between 10-50% from the buy price then how would you payback the interest and loan amount itself. You will end up losing lot of money over the period of time and huge losses will be for sure. Better check the strategy of investing loan amount on volatile market such as Bitcoin.

In my opinion, this is a rather risky investment strategy. 

Therefore, the question arises, have you calculated all the possible risks?  You plan to borrow from banks and buy gold, silver and bitcoins.  And how do you plan to repay the loan principal and interest? 

Are you planning to take out a new loan for these purposes?  The accumulated amount of interest payable will not be too high?  What will you do if the increase in the price of bitcoin is less than the increase in the volume of your debt burden?  Do you have a fallback? 

Do you have the opportunity to conduct a legal bankruptcy procedure for an individual in relation to yourself?

Yeah right!
Do you really think anyone will take you seriously when after saying you have 3-year plan and talking about buying gold and silver you mentioned a ...coin..that has already lost 75% since the launch? And for sure you're going to make x1000 in 2 years? Have you ever looked at the lifetime of hype coins? Two years is like 6 generations of hype shitcoins!

But let's see this, put the money where your mouth is and show us how you bought $1k worth of aidoge!


Change the pharmacy, it might be dealing is some really weird meds and drugs!
Why the hell would you invest in a coin that is pegged to the value of USD when you said it yourself that the value of a $ will go down?

 

Taking loan for investment purpose is not so bad but try to choose that way which will surely provide you profit like that is investment in gold but on the other hand investment in Bitcoin is not guaranteed so its not easy to return that money which you have taken from other person as a loan.

Actually thinking about profit is easy but once a person enter into the real life then getting profit is not as easy as we think about it. There is no doubt about the positive results of bitcoin but I think burrowing money should be avoided as volatility is on its peak and no one knows that in future what will happen.

Try to use your own money even little sum but don't take loan if you are taking loan then gold is the best decision as there is not such higher instability with price of gold as compared to bitcoin.

Yes, a good plan in theory, but we still have to apply it in practice to see the results.

Taking a loan from the bank during inflation and buying gold or crypto assets is a very good idea, because fiat loses its value every day while gold or crypto increases in value and so in 2-3 years it will be as if you have not borrowed anything.

But you have to be careful because new issues may appear to you during the debt repayment period that will prevent you from paying, and this may expose you to failure of your entire plan. You have to be prepared for emergencies.

You have violated the first rule of cryptocurrency investing: Never take out a loan to invest in cryptocurrency. Allow me to kindly remind you that you are participating in an extremely volatile and speculative market where anything can happen, and there is a risk of losing your invested capital.

I had hoped to come across your plans for diversifying your investment portfolio beyond cryptocurrency, but I was disappointed to find no mention of it. This lack of risk management is another significant mistake that I believe you should address. While I'm glad to hear that Dollar Cost Averaging (DCA) is part of your investment strategy, I urge you to apply it exclusively to Bitcoin and refrain from involving other cryptocurrencies for now.

There is no problem with your plan as long as you have the fund to pay for your loan monthly.  Waiting for BTC to surge will take you at least a year or two but you have to pay for your loan monthly or else you will face a bigger problem.  If you failed to pay your loan, the lender might force you to pay and may confiscate any available asset you have or put you in jail.  By then you might end up selling your investment to save you from being imprisoned.  So make sure that you have different source of income aside from your planned investment.

Generally the market will give you returns due to price volatility, however you should not ignore any form of risk, but only look at the positive side and the possible return on your investment in the next 2-3 years. I'm not going to teach you because I'm not responsible for it, but a little experience might allow you to decide wisely.

Don't take a loan to invest because basically you never really know how your investment journey will go ahead. Even if you believe price volatility can bring you profit, you can never guarantee whether you have met safety standards for holding your investment assets. Many people lose their investments not only because of the loss of their asset's value in the market, but also because of failure to secure the wallet. But if you insist on being able to handle any risk, then that is your full right as the person in charge.

Careful planning for future investment. But Hope you are not taking out a loan to buy crypto assets, are you not the least bit worried about the very real and imminent collapse of the banking sector and resulting in a stock market crash that will almost certainly eventually take the crypto market down with it. It would be wise for your planning to continue as long as it is not with a loan, that's just a suggestion. I know you must know about your own finances and also know about the risks, but there's nothing wrong with rethinking loans than regretting them later.

Although Many experts say we are headed for a depression, this will ultimately be good for bitcoin as it will cause a currency reset. But there are so many variables at play here that have never been a problem in a lifetime crypto market. Nothing wrong for the next few years in my opinion, a prolonged bear market is a possibility. and If it does, I would expect an initial cycle peak for the bull run.

Next 2 years we gona have bull run wealthy knows and i know the wealthy ones do same once market on dip they borrow funds to buy the dip so i'll do the Same.
Btw....fiat currencies value gona fall in the next months

But loans are not really that bad it could help sometimes , taking a good debt just for you to add in your investment or to have a new investment is not bad at all, it only in each and everyone's perspective on how we will treat loans. But better be sure to have a backup plan if everything goes not in your plan or if it is fails so that you will not be drowned in debt.

It is a good thing that you have drawn up an investment plan for yourself for about 3 years. However, looking at your plan, I think borrowing money can be a risky move. The cryptocurrency market is inherently volatile, so it is not certain whether the investment will be profitable or not, so a loan here can become a knife to kill you. So do not borrow money to invest in this market, thinking that it will surely make a profit and repay that loan. That is what you think; the reality of the market is very harsh, and there is no room for such easy dreams of getting rich.

The map you draw is very good but, I Hope you are not taking out a loan to buy crypto assets, are you not the least bit worried about the very real and imminent collapse of the banking sector and resulting in a stock market crash that will almost certainly eventually take the crypto market down with it.  So don't take loan to invest because you don't know what will happen next in the journey of crypto investment. Because price of Bitcoin is like a upsidedown magic, because the crypto market still follows the demand and supply curve.

it seems to me that he is promoting the aidoge coin here as he inserted it in his statements. so more then likely, he wants to promote such meme alt. but in any case, the OP should think of investing outside the crypto market.
fiat may have its own problem but you can always think of other tangible assets to secure for yourself like real-estate or precious gems.
i won't totally trust my investments to crypto because of its volatile nature. also, don't ever take a loan just to buy some crypto. that would be a disaster if the coin you bought suddenly collapsed.

Here are some keypoints which i would need to clarify or remind about.
1. Taking loan is never been advisable specially if you are really that expecting for some returns in a particular time.
2. Investment in Bitcoin wouldnt be bad but dont expect some returns on a certain period.As for traditional investment is really just the same.
3. AIDOGE is the first ai coin in Arb network, dont know if it does have that utility or not, invest on your own risks
4. Dealing with Shitcoin is gambling so be cautious about the risk
5. Stable coin or USDC isnt something that viable to hold on, there's no point on hoarding CBDC's. lol

Having all your money in Bitcoin isn't wise, anything can happen at anytime and although we aren't praying of the worst things to happen to our Bitcoin but what if your Bitcoin get stolen for some carelessness that you didn't imagine even happening. We can all claim to be very security aware of whatever is going on around us but even top security expertise get hacks at times.

We have other assets that are as useful and valuable like Bitcoin but they're not Bitcoin. You can invest in Real estate and other businesses. All wealthy individuals I know or have read about didn't get their wealth from one source therefore we have to diversify our investments.

Markets finances and trading are my thing.
I been learning all of those many years i don't make decisions easy i calculate and i do have proper risk management.

Mister Shortmaster, i mean no disrespect but on what basis are you declaring all of these statements? And why you are so damn sure about it. I am not talking about Fiat or world currency, my concerns are with BTC and digital currency. Why are you so sure about them that they will make you rich if you lend some money to invest in them? Because the world is full of surprises, i think you have been motivated by some person (trader or holder) who has made decent profits and now you also want to make some but doing it without proper knowledge will take you to bankruptcy. I hope you understand my point. I am no expert here in financial advice but i already can see a flaw in your 3-year plan.

i think, your approach is wrong because, with trading, holding, and any other activity in digital currencies, you must need something valuable in your physical life. Because with no electricity and internet, your digital money will be a total waste and if you have physical assets then at least you still have a chance to become financially independent.

I suggest you to reconsider your timeframe and shrink it to 2024 because this might be the time for you to fill up your bags with BTC and then you might get some profits after halving. (it's not financial advice, you must have to DYOR). And Gold prizes are too high right now and you should avoid the current FOMO and wait for a better entry point i say at least wait until the current debt ceiling problem passes. (again all of these are just my points you must have to DYOR). One more thing, you should not hold your assets in any Pegged Stablecoin because once the banking crisis starts who knows what will happen to which stable coin as it happen when SVB was bankrupted and caused huge volatility in USDC --> Source (https://www.theguardian.com/technology/2023/mar/11/usd-coin-depeg-silicon-valley-bank-collapse#:~:text=USD%20Coin%20value%20falls%20after%20revealing%20%243.3bn%20held%20at%20Silicon%20Valley%20Bank,-This%20article%20is&text=The%20value%20of%20the%20world's,held%20at%20Silicon%20Valley%20Bank.)

I agree that we should wait for better entry but in this price range it's all good entry i'll DCA from here becouse to get perfect entry it's allmost impossible so 2023-2024. Year is time to DCA dca the dip small % allocation once market dips and it works always.
USDC are future becouse they Will give REPO rights for USDC,u see it takes education and knowledge to know what does it Even means.
And Also they now test ATM s with Stablecoins so in the future commercial banks not needed. Your bank is your wallet or crypto exchangers the world is changing you either go with changes or stay in the old but i rather choose new becouse old ways not working anymore it's time to learn and go with flow no reason to fight against.

Maybe you have been analyzing crypto market movements for years, but what if the risk management strategy that you have planned will not match market speculation due to the fact that the crypto market is that there are no proper speculations and signals, all market patterns you have analyzed are not final decisions then don't be hasty in making investment decisions using loans, but reconsider your decision because investing from loans will be at high risk compared to using personal funds that have been allocated for crypto investments, but if you ignore my advice to avoid investing using loans then prepare alternative options for risk management to pay off your loan for 2-3 years without the influence of losses from the list of crypto assets in your portfolio.

I summarize your investment list:
- BTC
- Gold
- Silver
- AIDOGE (altcoin memes)

How much are your loan funds to invest and how do you determine the allocation for each of the above, the market price of Bitcoin is low at the moment but will 50% be allocated to bitcoin with the DCA strategy, gold and silver are assets with definite returns for the next few years but will not earn high profit (maybe 5-15% in 2-3 years), I am interested that you add AIDOGE (meme coin) in your investment list for speculation 1000x profit in future, you are too sure for that analysis but beware don't invest high on meme coins to avoid the risk of loss.

Im expecting AIDOGE to hit 1$ price in 1,5 years look the price now i'll have more then 10000x profit by then.
Aidoge i see could be one of the best perfoming asset in 1 year.
And gold btc silver will perform well in the lower rates time from the fed and other central banks becouse rates will go lower very soon in few months and then cheap assets like aidoge Will make many people super wealthy.

So that's going to be more than a quadrillion in market capitalization with what you're aiming for? I don't want to cut the fun but that's improbable to happen with this token that you're hoping for. Are we just speculating here and that's really your plan for the next 3 years?
Well if you're too persistent with that plan and you think that it's gonna result into a good one, wishing you some luck. Because instead of inclining with that expectation for that token and thinking of such capitalization. Money don't grow that easy even if that's an AI + meme coin project.

Actually, more like 210 quadrillions! So:
-2000 times more than the world GDP
-500 times the global wealth
- if distributed equally would mean $26 million for each human in the world
- the total market cap would be 380 000 times that of Bitcoin now.

Improbable? That is a soft word for this fantasy!


Yeah, and unfortunately instead of education and knowledge you've focused on meme coins!
The moment you claim stable coin ATMs would replace commercial banks, it's clear you have no idea what you're talking about!

I am very supportive of your current plan, because it is indeed a way that we must do as investors for now, and I am sure for the next 3 years you are one of the successful investors because your plan is very confident that you can achieve everything you want, because currently the investment that many people do is buy bitcoin, Gold and silver because these three assets will indeed increase in the future, so just wait until you will feel the achievement.

That's quite an aggressive, if you can stomach the risk for 3 years then there is a lot of upside potential. For me personally the idea to invest with borrowed money is making me a bit uncomfortable as it increases the risk a lot. If I wasn't so risk averse I might also try to boost my returns with leverage. Your investment decisions all sound viable, you must have spent a lot of time researching it. The only problem I might see is to solely rely on bitcoin to cover your daily expenses for 2-3 years. That's a long period of time on which the bitcoin price can move a lot. Maybe it could help to run some worst case scenarios where the bitcoin price drops 50% again, just to see if this leads to any serious problems in your projections.

I don't think you can make a good wealth plan if you start by taking a loan, the market is highly volatile I have seen the market dropping 50% percent and takes years before it manages to get up and go back to its old price, the interest will eat with whatever profit you have and you will end up extending your loan until you have to sell with whatever you have or cut your losses by selling with whatever left in the price of the coins you've bought from the loans.

I have seen people starting with high expectations buying from the loans they got only to end up losing everything, you should only invest with money that you can afford to lose, this is the only advice that you should take when investing.

Drawing a bright and colorful outlook in life without reality and persuasion based solely on luck will not help in achieving your goals in life. As I am learning and experiencing it, I do not recommend forcing myself into the investment journey with financial loans to other financial markets. Secure a stable income before you think that investing in crypto will make you happy, instead spend 3 years on a goal I think it also needs careful preparation, many people here or the market crypto also sees big opportunities with it. But the fact that lack of knowledge, money, psychology, ... will all affect the investment journey, so please supplement yourself with different skills as well as prepare money for the journey to go target.

You are too focused on profit that makes you take the reckless decision to take out borrowed money to invest in several different coins. What if market conditions are not in line with what you expect, eventually the value of your assets continues to fall which makes it difficult for you to pay off the loan?
Taking borrowed money is not recommended for investing, especially in Cryptocurrencies which are known to fluctuate a lot. You can plan something carefully with the calculations of the profit that will be obtained, have you ever thought that everything you plan does not get support from the market, How can you pay off a loan when it's due while your money is still stuck in the form of crypto assets.

Do you want to take out a loan and then invest in crypto? well if you dare to do it it's not something to be afraid of. indeed the risk is greater, but what strategy do you think is ripe, could have brought your plan to be truly successful. I think you have knowledge about the trend now and in the future. you can try if you don't hesitate to do that.

Yes, I thought so too, why did OP include a loan list in his plan, of course if talking about the benefits it would be very tempting and even when I only saw profits I would not hesitate to make a loan. But here it's not just the advantages, but we also have to consider the disadvantages as well. For example, we make a loan, now we have to pay it according to the agreement. Even though we have considered it carefully because we have enough income to cover it all, it does not mean that everything will be fine, because in life nothing can be guaranteed in the future.
I see OP is only focused on profit, but he doesn't consider carefully what he is actually doing.

I have been seeing the idea of people wanting to take loan to invest in Bitcoin for a very long time. Some people did it and they became successful and rich through it while others were not lucky to make it from the process. If you really want to take a loan to invest in Bitcoin. I will advise you to take a loan that will span to  two to four years. In order to have enough time for bitcoin to give you the desired profit.

Again, you should not take loan to invest in Bitcoin when the price of Bitcoin is already high because the price will crash on you and you will not be able to pay back the loan. However, I will never take a loan to invest in Bitcoin. I will just manage myself. Whatever I am able to invest even if it is $5 every week, it is better and with time it will accumulate and give you better profit than putting yourself in unnecessary stress of borrowing money to invest in Bitcoin.

Why do people always think of the bright side when they can't be sure if it's the right investment? You may feel like the right plan for the market is happening, but that's just the base you come up with. The market is rife with volatility, and it is uncertain whether it will prosper. In addition, I also disagree with the issue of borrowing money to invest because it is actually a risky act rather than a plan.

That's really impossible to hope for, how can you convince me AIDOGE can reach $ 1 in 1.5 years?
So far no altcoin has been able to shift bitcoin market cap as one of the best investment assets ever. There are thousands of altcoins on the market competing to be the best, but when the top altcoins can't beat bitcoin, so how can you expect memecoin like that to do it for you?

However someone may have brainwashed you with AIDOGE, now don't say otherwise.

This wasn't really a topic, this wasn't really a 3 year plan, this wasn't even serious. This was just a way to shill AIDOGE which is obviously a shittoken that nobody should invest even a single cent on, and that is why it disgusts me that people act as if this was a serious topic. A real 3 year plan should be like this; wake up, work, earn money, put some of it on bitcoin, go back to sleep and repeat for three years. That's a real three year plan and that's how everyone should invest.

Anyone who does something out of this period will not be making much money and shouldn't be considered a good investor at all. I know that it is going to cause a lot of trouble to a lot of people to believe other stuff are just pure shit, because they believe in them so much, but that's the reality.

I can only be honest - you are the most optimistic guy I've ever met on this forum, even when I believe your hopes are just in vain.

I'm never sure how much budget you're going to put on those memecoin when you're expecting $1 for their value in the market. Oh I also want to fantasize that in the next 1 to 2 years bitcoin will also give me 50x of its value now instead of hoping for something unreasonable. I'm just advice - have fun.

I will like to know how much loan you plan to take and for how many months, this is because your dream plan is too bulky to be depending on a loan. I hope you already have a stable source of income to be paying off your loan bit by bit and also for your savings and upkeep.

Off course investing in bitcoin with spanning 3 years is good approach if the op has strategy.  But i think the OP should build more precise strategy because during 3 years investing, many things will happen to his investment. His investment's value may drop or increase, so the OP should always monitor the movement of his investment.

You're so certain this will go according to your plan. What if it doesn't? What if you don't make profit and have to pay the lender?
What if this aidoge becomes another overhyped worthless project that instead of 1000x brings you -1x?


Betting on some coin to becoming world reserve currency? If someone gave me a choice to either bet on this or on bitcoin going to 1 million dollars, I'd bet on the later.

It a quite funny Post OP, I think you are not serious with your plan as I can see you are trying to invest the loan amount + you are investing to avoid inflation which is a good idea but where you are investing DOGEAI are you sure about it that it will be non-inflationary with respect to time. Shitcoins are the disease and you are investing the money of one disease Loan to another disease Shitcoin. Not recommended rather than Investing the Loan amount I would say you should consider the Salary cut-off in DCA even if it's a small value. I was wondering with your expectations of 1000X haha iw ould say please don't even expect 1x in profit for next 3 years and 1000X is not possible until the arrival of SUN to earth.

The potential for bitcoin to reach ATH will probably take another year or a few days before the halving, it has been proven that many people have become rich because of bitcoin because they can take advantage of the right moment, I also hope to be able to buy more bitcoin this year so I can be like you.

To be honest, the plan that you are preparing is a good plan, but you need to pay a little attention in terms of financing, when you want to make an investment with borrowed money either from a bank or other loan place, it seems that this is not very effective, because investing is also a risky job, although you've managed the best you can, and it's basically a win-win.

Maybe the problem is installment payments to cover your loan, in the sense that when the investment doesn't match your target later, and if you actually have another job and maybe you can match your needs even more and be able to pay installments for the loan, we don't think this is wrong , you can continue to plan for investment, because remembering this is good for you and the future.

It is better to plan investments for the future but invest according to one's ability. It is better not to take a loan sometimes it becomes difficult to make a debt settlement and then it is not possible to invest. You can choose the best investment plan with high returns or a short term investment plan with minimum returns depending on your goals. If you can allocate money towards investments and savings, it will secure your future and help you build wealth. Basically the more money you have the more ways you can use it.

There are many ways to build assets for the future, invest or run a business, but not everyone can run them, some people are constrained by capital.
therefore I think to build wealth in the future we must do many ways and must be prepared to take big risks because basically profits will not be obtained if there is no risk so explore anything and dare to take risks, such as borrowing or starting a business but all of that must be calculated and studied first.

I think nothing is forbidden, everyone who wants wealth in the future must work and do harder to get it.

Your wealth plan has quite the adventurous spirit! Taking loans when fiat value is high, investing in BTC, gold, silver, and banking on AIDOGE coin for astronomical gains in 2 years bold moves indeed! Just remember, the world of finance can be as unpredictable as a rollercoaster. Keep your strategies flexible, stay informed, and may your investments soar higher than ever before!

It's good if you have a clear investment plan so you can have the opportunity to make a profit because that's what investors are looking for. As long as you survive to make ends meet and can hold onto your bitcoins, I don't think it will be a problem for you. And doing the DCA strategy will increase the number of your bitcoins so that later your profits will be bigger when the bull run comes. But I suggest you be careful because we will still see a situation like this before the bull run. So you need to be prepared if the situation is like that.

Your plan is one of the worst plan have ever seen, your analysis is completely poor, and your planning is bad. The first place which you got everything wrong is taking a loan to invest, it’s a bad idea taking a loan to invest in bitcoin, but honestly I no nothing about investment in Gold and silver which you just mentioned, I have invested in any of it before and am not really planning to do that.

Why will you take loan and the next thing you are planning to do is to invest in AIDOGE, and you have confidence that it’s going make 1000x for you after 2 years, hope you know one of the most risky investment is investing in Altcoins. They worst mistake you will ever make is to take a loan to invest in shitcoin, just consider that your money is gone already, my advise for you is to avoid loan and also to avoid shotcoins.

What if the AIDOGE coin has no price after two years later, what are your next plans to pay off the loan. Cryptocurrency investment is not only about profit, the risk of loss also needs to be considered. There is no problem investing using borrowed money as long as you have the resources every month to repay the loan + interest. It is necessary to pay attention to losses before talking about profits because Cryptocurrency Investment is like a double-edged sword.

His plan from the beginning was not good, borrowing money to invest has never been a good thing. Even more dangerously, he is referring to investing in bitcoin, a highly volatile asset with an uncertain future. And yet, I see he mentioned investing in a shitcoin that is AIdoge and wants to make 1000% profit from it. I'm really worried for him if he actually borrowed money to do these things. This is a plan anyone can come up with, and if things had gone that easy, I think everyone would have done it a long time ago.

The strategy you are implementing is indeed very good, because you involve bitcoin, gold and silver in your strategy. Because these three assets can be considered very good assets, when viewed in terms of quality and interest among investors. The most important thing is that you have to be able to maximize the capital you have, because it will be very risky if you don't succeed or don't make a profit on the plan. Especially because the money you use is the result of borrowing. It is certain that the risk that you will face will be many times over if that bad possibility occurs. But that's only the worst possibility, which you should be aware of. Because if you think about it, bitcoin will soon face a halving, gold always has a stable price per year, and silver always has a stable price. But if you invest in gold and silver you should know that within three years, I don't think there will be big profits to be made. Because even though the price of gold is stable, the price increase experienced by gold annually is not too big. And the money that you will invest in gold and silver I don't think will increase too much, unless you invest a large amount.

I don't know where the op is from, and taking loans is a natural part of life in some countries, but certainly not where I'm from. It honestly doesn't seem a good idea to take a load to invest in Bitcoin, gold, and silver. Investing in altcoins is even more expensive, but again, the bigger issue IMO is the initial plan to take a loan to invest. One shouldn't invest what one cannot afford to lose because investments are risky, and one can get into more serious troubles by investing the money one borrowed somewhere. DCA is a good strategy, but I think it should be used with spare money, not loans.

It is very risky and very brave if OP makes a loan to invest in bitcoin, because bitcoin is not easy to predict even though in the long term it will provide good profits. But you have to know that anything can happen due to several factors that have never been known before, so you have to think about it carefully.
and my advice is that you better sell something expensive that you have and use it for bitcoin investment and for the long term. And this is to anticipate if it doesn't match expectations, and you don't get dizzy or stressed because if you make a loan and it doesn't match expectations, you have to keep returning it or repaying it until it's paid off. And if your investment is successful, you can buy back the expensive item you sold, or you can even buy back something much nicer and more expensive.

Bitcoin will soon face halving, but there is no certainty and guarantee that history will repeat or new ATH will be created. So putting too much trust and most of your wealth in bitcoin is never a wise idea. Regarding metals, they only give us stability in value, helping us against the loss of fiat value due to inflation. So I think it is more appropriate to use them as a means of saving than to expect a profit from them, and borrowing money to invest in gold or silver is also very risky unless it is idle money. In short, investing with borrowed money is never a good plan.

True we don't know what it will be yet and we can only hope that it can reach the new ATH,
investing definitely has risks and when we use borrowed money as investment capital, of course it will make the risk even bigger,
it is better to minimize the risk, one of which is by not using borrowed money to invest.

Safemoon pepe...and now aidoge many investors Made good Money with pepe i missed pepe so i take aidoge

Your plan needs to redefine, what percentage of your net worth are these loans or do you have assets to cover them, the interest on those loans, and how long you can wait to pay off those loans.

I do not expect that you will get loans with low or fixed interest, but rather they will be variable and the repayment deadlines will be within a year, which is the period that I invest in bitcoin. You may not achieve enough return to pay the interest, let alone the loans or make a profit. If you get zero-interest loans, the risk factor still exists, because you do not guarantee that the price will not decrease when the repayment period comes, or that you will need liquidity during this period.

You are playing a dangerous game with taking loans, and you must realize its dimensions before you think about investing.

DCA is later you should think about the basics.

I do not deny that investing in memes can bring great returns, maybe even life changing overnight. Pepe is one of the more profitable memes for investors than Doge and Shiba have ever done. But you see, how many people succeed in making a profit from it, or is it only after they hyped things up that you find out? AIdoge is a shitcoin that is nothing new, many people have also profited from it. And now that you are thinking of investing in it, is it too late?

Your plan is akin to a bold sea-captain setting sail amidst a storm. There's potential for great reward, but also considerable risk. Borrowing at a high fiat value is indeed advantageous, but ensure that your ability to repay is not solely dependent on market factors. Investing in a range of assets, including Bitcoin, gold, and silver, indicates a keen understanding of the necessity for diversification. Yet, be cautious of overconfidence. Particularly with regards to AIDOGE coin, as not every ship in the harbor is destined for the open sea.

Concerning the 'whales' and market manipulation, one must remember that the ocean is vast and the tides are ever-changing. Do not allow fear to dictate your actions but rather, strive to navigate the sea of investment with wisdom and patience. Your inclination to invest heavily in Bitcoin due to expected inflation is logical, but do remember, stability is a key characteristic of any worthy reserve. Therefore, holding a small amount of stable fiat currency could act as a safety net in volatile times.

As for USDC, your anticipation for its growth reminds us that the world is full of possibilities. However, like a seafarer hoping for clear skies, one must prepare for the storm. Balance your portfolio and ensure your financial ship is ready for all kinds of weather.

Yeah, I may be too soft on that fantasy that he's thinking but I hope that there will be some knock for his reality that it's not gonna happen even in his dreams.

It's no doubt that many have made a lot of money from those meme coins. And if you're hoping that something the same with aidoge that you're trying to give us an idea that it is what you're aiming for, wish you luck. With that idea of missing and regretting that you've never been into those mooning meme coins might even get you to actual lose.

Your plan is ridiculous, and proof of this is the majority of the responses, even if they don't say so clearly. Borrow to buy other assets and in 2 or 3 years end up in Bitcoin? If you say to buy Bitcoin directly it would make more sense now that we are at the bottom of the cycle and by that time we will probably be in a bull market, post halving, but what you want to do is to time the market, including planning to hit the jackpot with a shitcoin. In short, total nonsense.

So basically you are thinking of borrowing money to invest in Bitcoin and Dogecoin and hoping that it will give you high returns and make you a rich man over the next few years and then you will only be paying the interest? okay that's a pretty crazy idea in my opinion, why I say that because you are brave enough to go into debt to invest in crypto. Of course you need collateral to be able to get this loan and what if this plan doesn't work out the way you imagined? you have to be prepared for the possibility that you will be stuck in debt and you might be in a difficult position in the next few years. But if this works, maybe you will become as rich as you imagine and that is very cool.

He's actually avoiding the effect of inflation while earning profit at the same time. The purchasing power of your USD may have a huge difference in the next 3 years or so - so that's what of the goal and perception of the OP. And, that's not a crazy idea, but an intelligent one as long as he's able to pay this debt in his own term. The only difficulties I find in this situation is when he chooses to invest in a shitcoin rather than bitcoin or any top alts in the market. Can't risk any further in investing to altcoin when you're capital came from a debt.
However, not all loans requires collateral though, some lending companies will only need to check your background and financial capabilities to return what you owe from them.
This might work or not, but atleast he have tried to escape the day job cycle and have a financial freedom.

To be successful and rich, of course we have to have the courage to do many experiments, if we get a monthly salary that is sufficient for 1 month's needs then we must dare to speculate, cryptocurrencies provide great opportunities for us to become millionaires with small capital, many people invest $ 1000 then in a few years profit up to 1000x because there are many surprises if we invest in cryptocurrencies.

and that too with a risk that is as big as the possible benefits that will be obtained.
to build wealth in the future there are many ways and if at this time the salary you get is only able to make ends meet then I think it's better to find a side job or open a business.
because if you are forced to invest to the point where you have to cut money for life now, it is not certain that you will be able to succeed in the future.

I appreciate your courage in taking high risks. That is investing from the results of borrowed money. But I also don't know whether your step is a bold step or a slightly reckless step. because I don't know if you have other sources of income to cover the loan when it is due to pay and it turns out that BTC did not have a high increase in the 3 year period. or maybe you have a guarantee that makes you less afraid if you don't succeed in paying off the loan in its entirety.

But if Bitcoin experiences a high increase even in the next 2 years then of course your plan will meet with success. You can certainly pay off debt from the profits you get. and you also at the same time have avoided inflation which always has an impact on fiat money.

I hope you are still active in this forum for the next 3 years. because I want to hear your story after 3 years. good luck.

I don't think that is a good decision for you to make because you can't take that long-term risk with the money you want to borrow from the bank because you also know that there is risk involved when investing in bitcoin. In fact, I can't advise you to take that much risk with the money you loan because it is too risky. Look at it. Do you believe you will be able to repay the money without selling any of your assets if the price of bitcoin drops by the time you want to invest in it? You're taking a big risk by doing this.

You are correct here.
Nice to see smart person like you Are.
Actually... Money the fiat currency are expensive now the fed can Do last 25 b point rate hike then it would reach the resistance and top.
So If money is expensive it's always smart to sell money the money is not so expensive yet... let's wait for one more rate hike then the price of money Will reach to top.
Also the hyperinflation inflation will be huge in the next few months specially we go in the war situation the currencies Will be near to devaluation some days in the next few months.

$ 1000, is not small money, friend, with small capital, you will still get a small profit compared to investors with large capital, so it's a lie if you say that with small capital, you will get a lot of profit
if you only have 100$ capital even though 1000x you will still lose with investor 10k$

Taking out loans to invest might enhance your potential returns, but it also increases your risk and necessitates a good repayment strategy. Bitcoin, gold, and silver investments can provide growth potential, but market volatility should be considered. The significance of stablecoins such as USDC as global reserve currencies is unknown, and legislative changes may have an influence on their value. Consider employing a dollar-cost averaging method while investing in USDC or other assets to limit the impact of short-term price changes.

Maybe just skip out AIDoge and put those instead to Bitcoin. Just because AI is quite a hot topic now does not mean it can still last for almost 3 years in the crypto market. If you're really serious about AI, at least just put it in non-meme ones.

It's your plan anyway, just sharing my 2 cents in here. I wanted to invest to meme coins back in 2017, but thankfully I didn't. They're just for the short-term hypes and a little bit of utility, but Bitcoin already gave those utility better in some instances.

This also. Although I can't blame the OP and just sharing my insights, loaning itself is already a risky move even if it is in non-crypto related reasons.

The worst decision to make while trying to invest is for someone to go extra miles in taking loan to invest on a volatile cryptocurrency, i thought in the first place that OP is trying to suggest a way he's intending to use for generating money to be used for his investment in cryptocurrency, we still have along way to go before the bullrun begin which means he could have developed interest in earning bitcoin than lending it for an investment.

Borrowing money to invest in volatile cryptocurrencies, especially without a solid understanding of the risks involved, can actually be a risky decision. Investing with borrowed money will amplify potential gains but also increase potential losses, and it is important to consider the volatile and speculative nature of cryptocurrencies. In addition, you will also have difficulty repaying the borrowed amount. As such, investing in cryptocurrencies is risky, and it is essential to thoroughly research and understand market dynamics before making any investment decisions.

Even though it is very obvious that something will happen and we can observe it, he should consider other options before making such a decision. Did he want to take the loan knowing that if he won't be able to pay it back at the time, his family will have to join him in paying the loan, which they weren't aware of at the time he took the loan? I believe it would be better for him to consider what he is trying to accomplish.

That seems like such a great plan, lol... very gunny guy! I would like to take it that your joking else, I don't know how to tell you not to go ahead with this as, I could be standing in the way of your success with advices that hasn't properly scrutinise your plans ot looked at the edges you might have considered to have arrived at such a wealthy conclusion.

What I would say to you is that, just as you have made careful considerations that ends in success, you should as well make plans for the worst that could happen as, most plans do fail to materialise. Having a plan B better places you in the way of a get around when your plans fail. Have that and borrowing doesn't seem like a great idea.

You must be aware that investing with borrowed money or leverage can amplify both profits and losses. While it can increase the potential return, it also increases the level of risk. So really weigh the risks associated with leverage and consider your risk tolerance before employing such strategies. Furthermore, running different scenarios and stress-testing your investment strategy can help you assess the potential impact of price movements. And diversify; have a contingency plan to set realistic expectations for the strategies you implement.

Excellent response because the OP must have both the long term and short term view in mind. Taking out a loan is invest in bitcoin is very risky but then who are we to say no when maybe the OP already has a loan liquidation strategy. My own opinion and candid suggestion to the OP is that he should break down his 3 years plan into bits and review it every 6 months. Then you can Update it if you feel like.

Still, even if it’s zero interest, I would not advise anyone to take a loan and invest in bitcoin. Though bitcoin investment can be a profitable one, but it can also give you life changing losses especially if you are not patient and skilled enough when it comes to highly volatile investments. I believe inflation in the next years will be more inevitable, but always take caution when using your money, as you can only invest on what you can afford to lose.

This is a good approach towards your investment plan. Bitcoin is the best option in my opinion. But it has its own risks, so proceed with caution. I guess choosing gold and silver with bitcoin is the strategy. Because of the price volatility of bitcoin could make it unusable if the price fall below your buying point, and you need to use it in an emergency. So it's a good decision that you also choose gold and silver for a backup plan.
I am not so sure that any alt coin could so as better as you have mentioned here. And what makes you so sure that in 2 years you could get so much in return as profits? One advice I will give you that, try to research a bit more on alts and be sure to take the right decision. In the end, it's your assets and your choice. So good luck.
I don't think this is a good idea to convert everything into bitcoin. As mentioned before, the volatility of bitcoin market could lead to loss in times rather than profits. And as the world is yet to adept to bitcoin fully, in situations you will need to convert it to fiat in order to use them in daily life. So always keep a 2nd option for situations like this. Keep both fiat and bitcoin together so you don't have to face this.
I am not so sure about choosing a stable coin as an investment plan and for a long run, it is not profitable. Also, it is centralized and could be controlled by the government or the team themselves. So I will rather choose BTC if I have to do it.

Although those are my own opinion, so if you can execute your plan perfectly and if it could give you a profit as you said, then good luck for that.

I stopped reading right there, could you become successful by asking a loan and invest in this and other markets? Yes, but the risk that you are taking is massive, to begin with who is going to lend you that money? Because most likely no bank will agree to it, and if you make use of credit cards then you need to be aware of the massive interest rates they charge you, and in that case even if you were to invest all in bitcoin there is no way to be sure if the growth of bitcoin will be enough to outpace those interests you need to pay.

Well that went disastrously wrong in the first couple "sentences" and just kept getting worse. It sounds like a bunch of terrible speculation and there is nowhere near a plan involved here. You are hoping and praying, based on no factual evidence, that you'll be able to sell these assets at a higher price. Silver and gold are notoriously difficult to predict, like a lot of things in life when everyone thinks they are just bound to go up, is when they inevitably start to trend down - you are very late to that party. Luckily, nobody with a brain is going to be loaning you much money if they get a whiff of these ideas, I just hope you don't mislead whatever poor company you end up borrowing money from because you have more chance of failing than most.

It's a good idea and we have to try, namely investing in cryptocurrencies, we can easily get opportunities for profit of 10x or more, as long as we can hold bitcoin then we have the opportunity to make big profits, don't panic when you see the price drop or vice versa don't be too quick to sell when the price goes up .

Im allready making profit becouse market is so volatile Im really making the profit so Im good allready and i have actual plan ready.

That's right, even if you somehow find money and buy bitcoin now, then there is no guarantee that it will grow in price. If before the end of this year, bitcoin is in flat, or even in a downtrend, then this strategy will be losing, because all this time it will be necessary to repay debts on a loan, and thus it will be necessary to reduce the share of bitcoin. It seems to me that the idea of investing with credit money is so losing that it does not even make sense to discuss it.

Frankly, this sounds like a plan to get REKT to me  ;D  investing in some random shitcoins is bad for your financial health. I recommend you to stick to BTC and perhaps some 2-3 reputable shitcoins if you want to diversify but that's it. I haven't heard about AIDOGE before so I presume it's the shittiest of shitcoins.  8)

In life, of course we must have a long -term plan to be better, we already know the type of investment that can provide profit of up to hundreds of percent in a short time, if we don't dare to start from now then don't ever think that we can get a big profit, save money In banks only waste time because it does not make money increase.

We shouldn't focus on its positive side but we need to think about its risks too. I don't think many people made money than the losers because meme coins can just come out of the corner. There is no way to tell that they will pump and there is a big tendency that people will invest on it once it is already in the spotlight. This is when the trick is pulled out by the devs. They will now dump the coin making those recent investors lose.

OP is giving us a hint but I doubt if users here will do the same. They will only think that this is another shill made by another greedy developer or the OP was only being paid to promote it. It's normal to regret because we missed something but it's going to be tough if we are talking about meme coin. You are like playing the lottery here so your chance to win is only slim.

The best thing we can do right now is continue to increase a lot of potential income, if we are still confused about choosing a business then it's time to do something simpler, namely investing in cryptocurrencies, if we are patient then we can make big profits.

If I should be sincere to you, you really do have a good plan for yourself but the risk is several times higher than the so-called profit you're aiming at. It is like doing the right thing in the wrong way and this could be for you years and years of accrued debts.
Taking loan to invest in cryptocurrency is damn risky except you have other viable means of income through which you can meet up in paying your loan serially while you hopefully wait for the next 2-3years of the results of your investments. With that your fear of indebted is somewhat under control.

But nowadays many people who borrow money to invest and do business but they can always pay according to the agreement that has been set, although we all know that the risk is very big but people who are desperate they do not care to take loans until some of them are in debt because what they plan is not in accordance with expectations, So this all depends on each of us in taking an action to borrow money with the aim of investing.

Things might probably not happen based on your expectation. Although 3 years is already long enough, but there are still chances that the market will move not on our plans since we know how volatile and unpredictable it is from the start. So I don’t think taking loans will work, unless if you only take a loan that you can easily pay with your job salary. But one thing is certain, if you focus on bitcoin for long term hodling, it will give you significant profits once you only sell them when the market reaches its new ATH.

I imagine how OP is going to take a loan right now and start paying it back only after 3 years, once he plans to cashout his profits from BTC investment. That is a totally unrealistic plan, because as soon as he borrows money, he will have to start paying it back with interest on the following month. So the investment in BTC won't remain idle for 3 years. He will have to sell some portions of BTC (possibly even the whole investment) constantly to keep the debt under control. In my opinion this plan has more failure chances than success ones. Most advised to invest only money which already belong to you.

Planning one's future might be tricky sometimes, easy to pen down but the realization can be a lot sometimes. I don't know the actual amount you plan to loan but the fact is that you must be ready to pay the money with another source of income which I hope you have, so that you won't sell off later during investment.

If it favors you, then good luck with that. What every other member, including me, has said above is all about safety precautions because we can't predict the market and you can incur more debts as a result of trading with borrowed funds.

But since it's working for you, you can continue doing what you are doing. Just proceed with caution and don't always see it as part of the best option. Just because it works for you today doesn't mean it will also work the same way tomorrow. Don't put all your investment hope and plan on lending in order to succeed with profit.

Amen brother. I get that there's risk in everything and the thing that sets rich people from those who are not is who takes more risks, but at the same time you have to also remember that the risks they took were calculated, this Shortmaster is nothing but a recipe for disaster. I always advocate for making sure that you chew what you can bite, and this is just not it good sir. You're not only taking risks by investing on a volatile asset that could zero you out on a bad day, but you're also investing on it with money that in essence does not belong to you. You plan to succeed which is great and all but it seems to me that you never planned for anything that could go wrong.

Go back to the drawing board, find a better way to make use of that loan you wanna take, and then follow through with it. Just don't invest money you can't afford to lose.

In the past, I had a rich mindset, borrowing money for business capital and the rest of the money for investing, with the hope of making a profit, but what needs to be remembered is that investment is chancy, sometimes it only works for certain people and it didn't work for me. as a result I lost money, could not pay debts and ended up my business also went bankrupt because my money was used to pay off debts. Indeed, the investment assets are still there, but the price will be a loss if I sell them now. after that I learned from experience and tried to save again.

Now I'm building a business again, with the results of my savings and the rest of my savings to invest, it works better for me to this day. In essence, use cold money to invest, both short term and long term.

Borrowing money to invest in bitcoin, it was a plan that failed from the start. if making money in bitcoin or crypto is so easy, we all here got rich years ago, we are not here to accumulate bitcoins with our idle money.  His investment optimism and confidence in his plans are commendable, but there is always a risk in investing, and we need to consider that.  without a backup plan, that investment can throw us into crisis and cause us to lose our future through debt.

The small mistake you made was in the loan capital that you used and brought into the investment even though it was just the rest, but the failure of your investment can also cause total failure in the business you are running. Even though you can still manage your business well through this loan capital to make a profit and pay off all the loans in a timely manner then you can make bigger investments with your own capital, no longer with loan capital. But unfortunately you have made a small mistake that could result in a big failure in all your efforts.

If the business you are building again is based on your own capital that you collect through savings, I think it is much better than the loan capital you took before. Because with this savings capital it can give you a little space in terms of achieving profits that don't make you think about paying off the loan, because it is your own capital.

But I also appreciate the investment you've made so far in an excellent asset like Bitcoin, although it would be much better if you wanted to advance your business first before making any kind of investment. Because steps like that can also help you in terms of developing your own business, even though investment is also not a bad step for you to do at this time.

Well, the main focus that we have to think about and plan for is indeed about increasing the amount of income we can generate. Because the more income we can generate, the easier it will be for us to save more money in savings and also in long-term investments.

Currently the crypto market is also in a correction condition after a lot of circulating fud. And now might be the right time to accumulate some crypto assets for us to save until the next bull market arrives. and I think the next 3 years the prices of crypto assets can increase quite high, especially Bitcoin.

Yes OP, I can see that you really have a good plan and that is very thoughtful of you been wealthy in time to come, your plan is good but I won't admit it because it involves loans afear, I will want you to invest and hold for a long or longer time with your own money and not the capital you borrowed from someone or anywhere because no body knows the outcome of Bitcoin in the next 3 years as you are planning, anything can happen within that long periods you want to hold.
I will advise the OP to invest with his or her own money (savings) so as to avoid any form of harassment in due times if by any means the price of Bitcoin drops more that it is presently.

I suggest dividing also into altcoins, I can get big profits when I invest a lot of altcoins like ETH, BNB and so on, because of the opportunities for altcoins that are cheap or under $ 1 it will be easy to go up 100x even more, while bitcoin if it can go up 100 % in a year is certainly an amazing thing.

If investing in altcoins can be so easily profitable. Can you tell me, how much money you have made from altcoins, and have you become rich? Or are you still losing money on your altcoin investments? Investing in altcoins is not so bad, but investing according to your method, I really don't believe you will be able to succeed.

nowadays everyone wants a lot of income and it's hard for them to get up when they don't have the capital to invest, this is a big problem, so they choose to lend money to open their business and some of them don't dare to invest in the cryptocurrency world, even though it's like what you have said if they can rely on patience and full faith then they will definitely feel big profits, so choosing a business that we want to do must have big considerations so that we don't regret it later and the crypto world is one of the solutions.

Is really funny how you said all you've said, taking loan is not the main issue but how to pay.
You said you'll take loan and invest on Bitcoin and other things that you could think of, lemme just be on the negative side.
Have you thought of it this way, what if the investment didn't get you the kinda profit you're expecting and you could not pay up the loan, so how can you be able to cope with the whole disaster that comes your way?
I'm saying all these because you only thought of the positive part of your  plan or investment but you forget that it doesn't work that way, be you a trader or investor, shit happens even now go check the market how Bitcoin price is hitting the ground with so much prediction that it would sky rocket to a certain amount before end of August. So I'd say you should have a rethink on your plan.

Taking a loan must have a stable income because remembering monthly deposits must be rethought, while investing there is no certainty when it will make a profit or even a loss for months. I agree with what you say, but the OP may be interested only from a positive perspective but not reconsidering the bitterness of being an investor when experiencing a loss in portfolio value. Taking a loan for investment is not the best solution. Invest with cold finances so that if you face a red market at least we know that the asset is not someone else's money.

First thing, I would like to give a disclaimer that what I write here is not investment recommendation, merely a non expert opinion from forum member. Investing using money you got from the loan is not very wise, there is no guarantee that your investment will actually got profit, if it turn out to be a loss, from the decrease of value of your portfolio and also the interest you need to pay from your loan. Even if it's a profit, is your profit more than the interest? if not it's still a loss.

When you laid out this plan I hope you were prepared for 7 pages worth of harsh criticism, from economists to bitcoin maxis and enthusiasts alike hahahha. Your strategy was not very well laid out if this plan goes sideways on you. For your sake I hope it goes well because from what I can tell your mind is made up

It appears that you have some clear ideas and strategies to approach your wealth plan over the next few years. One aspect is to leveraging loans when fiat currency value is high and capitalize on potential investment opportunities, that seems prudent approach. It is also worth mentioning here that ensuring a diversified portfolio is crucial, therefore investment in Bitcoin, Gold and silver as well as in stocks to be considered for a balanced portfolio.

In summary, exercising prudence is crucial when considering loans. This involves a comprehensive assessment of aspects like interest rates and one's repayment capacity.

It's not well thought out and given that there's no good explanation as to why OP will do what he's planning, I am certain to a degree that it's going to be a failure or that there's going to be impossibilities that will happen along the way. I agree that it's going to go sideways, not to mention that most well laid out plans out there face obstacles that is not in the scope of their plans so they have a hard time dealing with that obstacle let alone something like this, unless OP is disciplined to follow this janky plan to the t then there's a possibility that it might work for OP.

Your plan is good enough, but investing is not as easy as you make it out to be. Basically if you invest in sheetcoins where you are at maximum risk it will be bad for your money and there is a possibility of losing money. Since you are thinking of investing in debt, it is always risky and if you invest in Bitcoin, it still ricks. If you invest with debt in the hope of immediate profit, it will be the biggest mistake as you may face high risk in it. And since you are going to invest with loans, you must be very careful so that you don't face losses, but you have to wait until the market gets better after investing.

I am a big risk taker and I was able to take different risks when investing because it's my money if I lose the money it's not the end of my life, I will start over again, but a loan will make things harder because you need to pay up, no one cares what or how you lose the money, you will only be free after you settle your debt.

Every investment has its risks, and that's why a loan is not a good idea, Even if it's stock or gold or Bitcoin there is a possibility of you losing money, the loan is for those who have a lot of money and also collaterals. Think twice before taking a loan.

Oh my God, I had not seen this thead.


A seamless plan, eh? And you don't count the risk. The fact that you haven't earned a single merit in the time you've been on the forum makes me think that your plans are not very reliable.

I've been on forums for a long time and the typical thread like this always comes up of someone saying they're going to take a loan to invest in X. They always end badly. Either they buy before a market downturn and are left paying the loan and unable to sell, or even if the plan starts out halfway well they even leverage more or do something stupid that leads to bankruptcy. The most common is that they do not even come back to the forum, the typical case of someone who takes a loan to buy bitcoin when it was at $60K, and when the downturn comes and falls to almost $15K does not reappear on the forum. He probably sold at a loss out of panic and stayed paying the loan.

It is better not to have debts of any kind but if you get into debt to invest it has to be very well calculated with a good debt to equity ratio and making sure you have enough cash flow to meet payments. Do not have a fantastic plan like the one in the OP that will make you go from poor to rich almost magically.

Investing in any type of course has risks, if you dare to take risks, of course you understand very well in detail the type of investment you are going to make and it is very likely that you will get a profit on your investment. You are right that investing by taking a loan is not a good choice because in investing it is not certain that we can get a profit, maybe we experience a loss and we have to keep paying off our loan. I think if we take out a loan, it's a good idea to use it for the business capital we've been on and we can afford to pay off the loan.

People don't dare to invest in crypto because they are afraid of lossing money and in these days inflation is very high so if one utilize the budget of daily uses so during such dip in worth he  loss all the money. Everyone says that those who regret to not invest in crypto forget the thing that when such situations arises when every coins become reduces and some of them become completely disappear then most of them will regret to put money into it.

I think it will be better to utilize your money in that business in which you have more experience, which you think that it will be better for you,  and which is not risky. Crypto is profitable but risk is also very high because of which one can loss overall sum of money and will borrow money from others.

Any individual that wants to lend money, he should make sure it should be for their personal business and not for investing because that's not the right way to make investment and if you think you can lend your way to wealth that's a lie. When you lend for your business you're investing in a business that you'll put effort into making it a successful business because of the time and other things you'll invest into the business. Building a business is different form investing in assets like Bitcoin.

Cryptocurrency are very volatile and you can lose everything you invested if the market crashes and you panic to sell all the coins you have because you don't want to lose further to. the market if it continues falling. Lending and investing in bitcoin isn't a good investment plan.

So whats the current price of AIDOGE as of this moment?

https://coinmarketcap.com/currencies/arbdoge-ai/
https://coinmarketcap.com/currencies/aidoge/

All-time high
Jul 04, 2023 (2 months ago)
$0.0000116
-79.97%

Aside from AIDOGE talks then i do fully agree with that BTC accumulation and fiat degradation or becoming that shit on future years to come.
Its not bad on having that kind of optimism towards Bitcoin but fiat wont really be ceasing to exist as long government does exist. Good thing that we do have
at least the option on dealing with something that could really go compete against or would really be having the option at least for us to choose.

As a financial advisor, I fully agree with you.  First of all gold and silver aren't good investments typically.  They are great hedges, but investment wise, not so much.  This guys is also banking on gold/silver/bitcoin are certainly going to increase in value, which there is simply not guarantee for. 

OP - I think this is a very risky proposition you're making here and I woudl think twice about doing so.

if we know the characteristics of the three maybe we can respond to decide to invest. however, an understanding of the investment that we are going to need is indeed needed at the beginning, so that we can know the characteristics of each. I agree that gold and silver are only used as hedges, which do not provide benefits if we convert them to the increase in inflation that occurs. for the next three years, it seems that I will choose bitcoin to invest when considering the profit problem

I agree with you. Utilize the money you have into something that you are confident in, that you are knowledgable and experienced in, hence it is the best choice. Crypto, is very risky, especially for someone who have very limited money for investment. Hence, it is better to utilize the money for business, make a profit from it then invest in crypto if it still an option.

I will not advise you to use loan to make your dreams come through OP, you have a good plan but using loan to invest in those projects will frustrate your plan because you are not the one controlling the price of those projects you mentioned, what if the price remain low till two or three years which you agree to pay back the loan, what will you do at the moment. Many investors have came with good plan like this so that they can overcome inflation that is affecting their country but they gain good advice from this community that made them to work hard to save some money, and invest the money only in Bitcoin because there is a hope they can start small now and become a millionaires tomorrow.

The option of taking a loan to invest is a very different option from people who use their own capital to invest, even though what they are doing is the same for making investments. But in general, those who take out a loan to get into investing will feel more uneasy when they haven't seen a return on the investment they've made.

So it's better if the work related to the investment is not tied to a loan in any form because that option still looks bad for everyone, because the designation of the loan is for businesses that are already running with a maximum level of sales. Not for work where the level of profit is still unknown as for investment, and if someone makes an investment with loan capital, I think he will face excessive risk for himself because loans are more suitable in the hands of business people whose benefits are already more real.

Indeed, the risk will be greater when investing with capital from a loan, but sometimes this has to be done for some people who have no capital, rather than nothing, so I think it's not too bad for people who take this very bold step for the betterment of their life or change. life for profit.
Regardless of the higher level of risk and other bad things that will happen.
And it must also be underlined that the person taking the loan is out of compulsion, and they want to do something profitable, so there is no other way but to take a loan.
And also before doing anything, it must be accompanied by research, knowledge and clear calculations for an investment or other.

I think it's a bad idea to borrow loan and invest in cryptocurrency especially shit coins like the AIDOGE you mentioned. I believe you've been in the crypto space for a while and you should be familiar with the term pump and dump. These projects are created by developers to enrich their pockets, they lack utility and there's no guarantee that whatever shitcoin you choose to invest would make a x1000 return.

My advice, don't take the loan to invest any shitcoin rather work hard. Whatever amount you are able to save you can use it to buy Bitcoin. Take a DCA approach and be accumulating your Bitcoin holding gradually.

When risk is faced with risk it will have a negative impact on the individual who takes the loan. Borrowed money will pose a risk when it cannot pay off the loan within a predetermined timeframe, whereas Cryptocurrency investment has no guarantee of profit and cannot be determined when profit can be obtained. The risk of loss needs to be considered before getting caught up in activities that are not necessarily profitable. If you really feel up to the risk, you can invest in coins that have proven quality on the market.

If that loan is just to invest in bitcoin and he can guarantee that he will be able to repay the loan even if the bitcoin investment is not profitable. That can be considered, and he can borrow so he doesn't miss the opportunity with bitcoin while it's still pretty cheap. But borrowing money just to invest in shitcoins is not only a bad idea but also a stupid thought. The coins have no future other than short-term pumping and dumping. This is the worst idea I have heard since investing in bitcoin.

Every investment has risks. Taking these risks doesn't always mean you will win. Investing by taking a loan is very dangerous. It is dangerous even if you have a regular income. Your investment may fail. You have to pay off your loan whether your investment is successful or not. This stresses you out and causes you to make more mistakes.

There is no rule for everyone to invest. Not everyone can invest. The first purpose of the person who is not financially capable is to increase his income. After increasing his income, he should invest only if he has money left after meeting his needs.

From my perspective, although it can be an effective plan, it seems to me that in this specific case it is only projected on unreliable bases of optimism or positivism with lots of euphoria, you are simply assuring that the crypto market will have an upward trend and although Of course, this is the scenario that we all want, even a volatile market that can decrease and this does not mean that it is bad, the downward trends are also profitable, but particularly here we bet on the best of the growth scenarios for this and it may not happen like that, i think you should make your projections better and have a broader panorama of possibilities contemplated..

I greatly agree, loaning money to buy shitcoins is like gambling.  I would support the idea if the money loaned is to be invested on Bitcoin because we know the halving is nearing and the possiblity of breaking ATH is just some years away.


This is a much better option, instead of paying interest, if we work hard and look for side jobs, we might find ourselves getting better in financial status.  By finding an additional source of income, the incoming funds can be used to invest in any investment ventures we plan and it also saves us from paying debt + interest that can possibly put us in a dire situation.

I completely agree with you. Instead of taking a loan or borrowing money just to invest (with the risk of it not even gaining profit), it is far better to work hard, find more sources of income, and use the extra money gotten from those to invest. That way no matter what the outcome of the investment is you wouldn't be held responsible for any loan or debts, as it is your own money. You wouldn't have to deal with additional financial problems and responsibilities aside from the investment you lost.

But there is no success without trade-offs and opportunities will not stand still waiting for you to seize. I strongly oppose anyone offering advice on borrowing money to invest if he is unemployed. But if he has a steady income and for some reason can't collect money to invest, then borrowing money is not too bad. For me, as long as he is sure he can repay the loan with other income, getting a loan is not too big a deal.

Borrowing money will make you more stressed or motivate you to work harder in life is due to the way you see and accept it. Not everyone will be stressed and depressed when borrowing money for business or investment. Many people use that as a motivation to not be lazy.

If you have invested in plan loans then you might take it wrong, as you need to understand the volatility in the market which can cause you to lose money. So if you invest then definitely invest with your earning money, it can be good for your future I think. If you have 3 years of experience in Bitcoin then you can definitely profit but if you invest with loan it can be risky for you. So if you bring money in installments and invest it then you will be in loss when you don't get profit, so you always have to take all risk averse decision. And I think it would be wise for you to analyze everything and invest later so that you don't face losses in the future.

That's what I want to ask people who are intending to borrow money to invest. Why don't we work harder, save more to invest? Why do we always think of borrowing money to invest when there is no guarantee that the investment will yield returns without risk? I think those people are mostly lazy people and they don't want to work but want to be rich. Or they don't know anything about investing but only invest on the advice of others, so they don't anticipate the risk when investing by borrowing money.

Choosing to invest with savings I think is a good choice rather than looking for a loan to make an investment because investing with borrowed money will certainly get into trouble if we can't pay off the loan we take. I totally agree with you, those who invest with their borrowed money are people who only hear people talk about investing without a good understanding of all the risks that can occur in their investment, they only hear the good results without knowing the risks of losses that can occur in investing.

Great plan.. and I also love your bravery to take on the risk, but some risks aren't smart because one cannot determine the future. Hey man, the isn't me discouraging you at all.
You know, I always thought what people ( especially my accounting lecturer) meant by, the smartest business people are those who use other people's Money to run theimoneyiness cause they make money from other people's money. And in my head, it was like... "How? What if you run out of business, or something goes wrong?  You'd be poorer than you were before you started."
But later on, after reading some books, I discovered that what they meant was that you should sell shares and take loan capital.. that's how you earn others' money.
Now.. I know this isn't some kind of business where you sell shares and take loans ... But I'm emphasizing the knowledge that helped me. Investments especially in Bitcoin are tricky and risky. Before you make plans and jump right into them... You should understand not just how Bitcoin works, but how the economy does. And I also recommend you have a reserve of savings so you'd be able to pay off those whales you're planning on borrowing from.

I want to know how do you complete the monthly fee for the loan? And why are you so sure that by taking a loan, you will be able to make a profit. I am the type of person who is not too rigid in interpreting loans, but quite selective in taking opportunities like this if you don't have a mature plan because in the worst conditions a loan will only put you in new problems.

Damn and I think you will be fully placing money in bitcoin from the loan. How can you be sure AIDOGE can make 1000X profit after two years, is there nothing more fundamental. If not, forget about the loan and create another, more responsible portion for you to control independently. LOL

It could be that the plans that you have neatly arranged will automatically fall apart when your trust is in a coin that has no potential to be used as an investment reference. Looking at the history of bitcoin, of course it will be very profitable in the next 2-3 years or it could be faster than that duration. I agree if this is fully implemented in bitcoin rather than trying to speculate with other coins that are not fundamental.

Try to analyze further how many coins are dead and have no place in the market. Forget the loan if you do not have a specific plan to get out of the worst speculation that will happen, it is not recommended to take out a loan to fulfill your investment commitments if you do not have a backup plan regarding monthly expenses. You will never know about the risks that will occur when the plan doesn't go well, then the other worst conditions of psychology and panic will destroy all the plans that you have neatly arranged.

Using borrowed money to invest is not a wise choice. Let alone investing, even to make ends meet I think it should be avoided, unless there is no other choice but to take out a loan.
We cannot look for shortcuts to invest, and indeed when investing with borrowed money it is a shortcut, and it can be said that someone who does that is someone who does not think long about the situation they might encounter in the future.

I wouldn't recommend that at all, if we don't have the money for investment yet, then it's better to be a little late to raise the money for us to invest.

But it should also be noted that investing with savings is correct? I mean, if it's savings for the near future or for emergencies, don't use them for investments. Invest only with idle money that we do not need and if we lose it, it will not affect us. Do not use savings to invest, it is as risky as borrowing money to invest because when there are no savings and you need money, you will also have to borrow. And in my opinion, the expenses for life needs and savings should be what we need to have before thinking of investment.

I understand what you mean, and indeed it must also be carefully thought out so as not to disrupt the cash flow that we have planned at the beginning. But from what I understand from @Bloodseekers post is that he is trying to compare between using borrowed money and savings money, and in my opinion it is still better than using borrowed money.

But the main needs for us to live should always be a priority, I agree with that. We can't put aside our primary needs for an investment, and again I would say that is something that is not wise to do.

We have to be able to manage the order from A to Z, I mean we have to be able to put things in place. We can invest as long as our primary needs are met.

I also think the same as you that it is better for us to avoid investing from borrowed money. Because investing in any field has its own risks. And when we take risks, we must be prepared with all the risks taken. So that the money used must also be cold money and not the result of a loan.

Investing in altcoins is very high risk. especially if it's a shitcoin whose price could suddenly be destroyed in an instant. when the dev withdraws the liquidity of the token he created. Shitcoins are just hit and run. we must get in and leave quickly. Because Shitcoin only relies on hype. And hype is always temporary.

But Op seems to have invested in Bitcoin. Because at the end of his writing he said that he would only have bitcoin.