naerap
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Activity: 70
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January 08, 2018, 05:43:51 PM |
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Of course not. The first rule of investing money: invest only what is not a pity to lose.
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hula hula
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Activity: 60
Merit: 12
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January 08, 2018, 05:58:46 PM |
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yes, I often borrow the fiat to I invest in the form of bitcoin, the first time I borrowed a fiat is $1500, I use bitcoin to join the program Lending
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gulshan1
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January 08, 2018, 06:12:47 PM |
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Yes i borrowed $2000 in the 2014 and bought btc against that fiat currency. That was my lucky time when i bought the btc and now it is giving very huge profit which is sufficient for now daily expense and saving. bitcoin holding is the best strategy for every body and all the btc i bought that time that i have hold it and will be sell on the price of $100000 when ever it will reach to this price.
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A.Delaney (OP)
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Activity: 266
Merit: 13
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January 08, 2018, 06:28:20 PM |
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I am really resisting doing it. The risk is just so great at this point.
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ObroQ
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Activity: 238
Merit: 10
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January 08, 2018, 06:48:52 PM |
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I did not borrowed any fiat. I'm trying to manage all by myself withouth help, and i plan a few investments in the near future.
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zoom_rich
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January 08, 2018, 06:54:32 PM |
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I did once, but paid it back right away because of the risk of losing it. That was a big mistake. I wouldn't recommend it though.
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cybersofts
Copper Member
Sr. Member
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Activity: 658
Merit: 284
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January 08, 2018, 07:04:42 PM |
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Whether it be buying btc or buying equipment to mine btc. Did you ever borrow fiat to make your purchase? I have not. Just curious if anyone ever has.
Well, i didn't tried to borrow fiats to have and get bitcoins. Since, bitcoin is minable and volatile. I tried to earn and mine. I noticed that Mining is very hard but i mined many coins. I also tried to join gambling and investment sites to earn bitcoins. Indeed, i didnt tried to use fiats to have bitcoin because we can have bitcoins without cash in. No. I don't really think it is a good idea to borrow money from someone and invest it into bitcoin or any other cryptocurrency because it is too risky. I always prefer investing my own hard earn money into bitcoin and all the rest of altcoins investments. I believe that way i can have a safe of mind. |
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Aleksandra 81
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Activity: 434
Merit: 11
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January 08, 2018, 07:10:41 PM |
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I did once, but paid it back right away because of the risk of losing it. That was a big mistake. I wouldn't recommend it though.
Did you profit from the credit or Deposit to earn only the loan were you able to return? |
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teejayrichard2
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Activity: 574
Merit: 12
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January 08, 2018, 07:56:50 PM |
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I have borrowef fiat twice to buy btc and I didn't regret doing that because after purchasing the btc, few weeks later I made twice the amount. I paid back the fiat money borrowed and still had lots to spend after that.
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Sarastiche
Member
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Activity: 532
Merit: 10
BITCOIN IS THE CURRENCY OF THE GLOBE
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January 08, 2018, 08:02:59 PM |
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I had to borrow from a friend to buy the first Bitcoin I own,Buying Bitcoin is a form of investment that is worth borrowing to get.
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SameerSony
Newbie
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Activity: 211
Merit: 0
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January 08, 2018, 08:29:57 PM |
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Yes I borrow money from my friend to invest in bitcoin.According to me bitcoin is a very good investment.
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SummonKing2
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January 08, 2018, 09:29:44 PM |
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To me I have not borrowed fiat just to get btc. But a financial mania is an amazing thing to experience. The crash of 2008 sent a chill through the American financial system, making it seem like the psychic scars might prevent another asset-buying frenzy for decades.
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Harrisonimo
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January 08, 2018, 10:12:33 PM |
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Whether it be buying btc or buying equipment to mine btc. Did you ever borrow fiat to make your purchase? I have not. Just curious if anyone ever has.
I did sighed here and now because I really made some borrowings to invest into what I thought was Cryptocurrency. I still haven't gotten my cash back till date and still being hopeful I will get it back. With this experience I will not advise anyone to invest initially with cash not to be wasted as much as the profits might be really inviting. Be patient to get your own real cash and invest bit by bit. Like we all know, the market is still fresh and new. |
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A.Delaney (OP)
Member
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Activity: 266
Merit: 13
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January 08, 2018, 10:52:59 PM |
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Whether it be buying btc or buying equipment to mine btc. Did you ever borrow fiat to make your purchase? I have not. Just curious if anyone ever has.
I did sighed here and now because I really made some borrowings to invest into what I thought was Cryptocurrency. I still haven't gotten my cash back till date and still being hopeful I will get it back. With this experience I will not advise anyone to invest initially with cash not to be wasted as much as the profits might be really inviting. Be patient to get your own real cash and invest bit by bit. Like we all know, the market is still fresh and new. Just keep holding my friend and you will get it back eventually. |
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George P.
Newbie
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Activity: 35
Merit: 0
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January 08, 2018, 11:17:48 PM |
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No i love bitcoin but I will never borrow fiat to buy bitcoin
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MathGame
Member
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Activity: 168
Merit: 10
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January 08, 2018, 11:53:11 PM |
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Whether it be buying btc or buying equipment to mine btc. Did you ever borrow fiat to make your purchase? I have not. Just curious if anyone ever has.
No. that would be too risky to borrow money from someone and invest it in bitcoin. |
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sucix
Member
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Activity: 154
Merit: 12
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January 08, 2018, 11:58:10 PM |
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Yeah I have and that is the current situation I am in. Also I am borrowing funds to cover my life expenses so I can keep all my crypto. Needless to say don't do it like me I owe a bunch of people now  . Good suggestion, dont do like you. By borrowing money our mindset will be different rather than if we use free afford money. In crypto, nothing we can make sure that we will end in profit. So borrowing money is dangerous. |
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markk94
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January 09, 2018, 12:01:13 AM |
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my friend just did it, he borrow some amount of money to buy alt coin. and now his nett profit is kinda legit too. i think it is based on your luck in borrow and buy coin. kinda risky, but it will help you gain some more money that starting with small amount of money.
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The Alchemlst
Full Member
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Activity: 350
Merit: 100
BITDEPOSITARY - Make ICO's , More Secure
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January 09, 2018, 12:27:06 AM |
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Whether it be buying btc or buying equipment to mine btc. Did you ever borrow fiat to make your purchase? I have not. Just curious if anyone ever has.
Not yet but I think I would never do since it would defeat the purpose of saving money and making it profit for me since most of the borrowed fiat have interest and usually they have very high. |
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jpespa
Member
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Activity: 294
Merit: 17
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January 09, 2018, 12:39:19 AM |
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I never borrowed fiat to get btc since I am working to earn my own money. I also did not spend too much on buying btc because I know that it was risky for a newbie like me so I was just searching for free opportunity online. Although I am earning in slow pace, I think it is good for part-time .
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