Shall I take out a high interest rate loan to buy more Bitcoin?

[nuff]

The keyword here is BUY. Do whatever you need to, but just buy, and hold

[BTCmaster3]

I cannot resist these cheap coins 

How high is the interest? And yes I will do that too..

[cbeast]

Some guy took out a student loan to buy BTC right before the $1000 run up.

It was a wiser investment than engineering school.    I sold my house and am waiting for the bottom final capitulation to invest the proceeds.

[Wandererfromthenorth]

Yes, and you should also sell your children to a child slavery ring. And sell your kidneys, heart, brain and other organs to a back alley surgeon.
Can't get enough of these cheap bitcoins. To da moon! 10k before tomorrow.

lol

[Timetwister]

What happens if you can't pay it? How much do you have to pay in interest rates? I'd never do that, but in some very rare cases, it may make sense.

[realbtcdealers4real]

Now the Bitcoin prices should have been to the bottom, Buy more, Earn more

How do you know we are the bottom tho? OP is taking a massive risk, but whatever floats your boat.

[scv00]

What happens if you can't pay it? How much do you have to pay in interest rates? I'd never do that, but in some very rare cases, it may make sense.

You would lose money paying off the interest if bitcoin stagnates at it's current price for months.

[Wilhelm]

What happens if you can't pay it? How much do you have to pay in interest rates? I'd never do that, but in some very rare cases, it may make sense.

Just take on another loan to fill the hole.
This way you essentially create infinite moneyz!!!

[cbeast]

What happens if you can't pay it? How much do you have to pay in interest rates? I'd never do that, but in some very rare cases, it may make sense.

Just take on another loan to fill the hole.
This way you essentially create infinite moneyz!!!

Now you are thinking like a central bank.

[mmitech]

Sell your house, your car, your wife and your kids and if you can also take a loan, and send all the money to an exchange to buy Bitcoin, because lets face it, Bitcoin is more important and has a guaranteed growth... and you are going to miss the opportunity of your life if you don't do that.


and the guys who are telling you to do so will be selling you "cheap" coins that they bought between $1-100 ... I a sure they will regret it later when the price is 1 million a coin.

[Kimowa]

Its risky but do it, the chances of going up is really high..

[GreekBitcoin]

Obviously dont. Invest only what you can lose.

[yayayo]

Obviously dont. Invest only what you can afford lose.

FTFY

Right.

I would advise more strongly here: Never take loans for speculative purposes! Bitcoin is a speculative investment. There is zero guarantee that it will develop the way you hope it will. Bitcoin is a great innovation and we all hope the best for it. But with great innovation also comes great uncertainty. Reality can be harsh.

If you want to buy more Bitcoin, try to earn extra income. Alternatively sell stuff you don't need for Bitcoin.

Personally, I value freedom more than wealth. And I would not feel free to the same degree with a heavy loan on my back.

ya.ya.yo!

[blade87]

and the guys who are telling you to do so will be selling you "cheap" coins that they bought between $1-100 ... I a sure they will regret it later when the price is 1 million a coin.

And the guys who will sell at 1 million a coin will regret it when it goes to 100 million per coin!