18% of Investors Buy Bitcoin With Borrowed Money

[Barbut]

These people should seek financial advice. While some people may make lots of money and are able to pay back their debts, am sure a lot screw up in the market and end up being bankrupt. Only invest what you can afford to lose.

You are right, its a good advice, but some people put last hopes in bitcoin and in some way I admire them. You need to be brave and risk sometimes, people think that with loans from the bank they can double or triple their money and to have to return, that is not bad strategy but bitcoin price can go up
slowly and that is probably not the speed they wish to see. Bitcoin will rise, but for that we need to wait, this price now didn`t come from yesterday its something that is build for 9 years.

[Altero]

not all people rich, especially from third world. with the accuracy of the analysis and calculation, they can gain a bit of profit from investing in bitcoin

Even though they earned profit from investing with bitcoin, but it's gonna be hard making investment using borrowed money because they think also for the interest of it. But anyway, somewhat to say "no pain no gain". Their trust towards bitcoin really give them courage to take the risk and believing that they can make huge money from here.

[entrepmind23]

not all people rich, especially from third world. with the accuracy of the analysis and calculation, they can gain a bit of profit from investing in bitcoin

Even though they earned profit from investing with bitcoin, but it's gonna be hard making investment using borrowed money because they think also for the interest of it. But anyway, somewhat to say "no pain no gain". Their trust towards bitcoin really give them courage to take the risk and believing that they can make huge money from here.

It is very risky on their part using borrowed money to buy bitcoin but majority of those who bought have been able to pay their debt so good for them. For those who wasn't able to pay though may have bough bitcoin when it is around $18k above and they are at a loss now and surely not happy with their decision if they are just waiting for bitcoin to go up again but if they traded in other coins and gained much more then good for them. There is quite a surge  in altcoin lately and maybe someone was able to buy XRP, TRX or VEN when it is still cheap so they have multiplied their money already. Well surely the advise of invest what you can afford to lose is not applicable to them.

[longlivetheking]

There is a high risk to borrow money to buy BTC. Right now I think a lot of people have paid for their decision

[fishbonez11]

Let me say some observations first. One is that this may not be a conclusive study because first, not everyone in the cryptocurrency world is in this platform; and second is that not every person in this forum may have seen the survey. But okay, assuming that it is a good survey. Numbers show that people are becoming more resourceful in where they get their investment money. It's either they just want to use a credit card to have their money rotating while they still have their savings, or they just don't have the money. If the latter is true, then people is having a lot of hope and belief into bitcoin, or plainly people are desperate.