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Author Topic: Have you ever borrowed fiat to get btc?  (Read 1745 times)
czhy20
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April 04, 2018, 02:26:50 AM
 #441

No, i don't want to barrow money, if will invest in btc i better to work in bounty campaigns, so i can earn money to buy btc, because i don't want to have problems if i lose my money in crypto.

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April 04, 2018, 02:29:20 AM
 #442

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.

Me too. I've never borrowed fiat in order to buy bitcoin. I just think that it might be a problem in the future if I borrow money then I couldn't give it back. I prefer simple way, just collect bitcoin in some easy ways I am able to do.

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Hopeful2017
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April 04, 2018, 02:32:53 AM
 #443

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, I never done that. I just use my salary from my job to get bitcoin. Also, when I had enough, I just trade and sell some of my coins from bounty campaigns and started to have additional bitcoin.

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April 04, 2018, 02:34:12 AM
 #444

I have borrowed money to buy bitcoin, one such incident happened by the month of January. Looking the growth I thought of buying a little amount of bitcoin borrowing, so that can repay in the short getting the profit on growth. I borrowed around $2000 and from that day the price started to decline. With hope keeping hold of it and the luckiest thing is that the friend who gave me the money haven't asked for it till date.

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April 04, 2018, 02:36:21 AM
 #445

Well I did not borrowed any amount of fiat just to have or to buy bitcoin. I get my bitcoin for free. I just joined campaign like signature and social media in order to have a bitcoin and I just save it. sometimes i play gambling then i won a bitcoin. In that way i get my bitcoin. For me you don't need to borrow fiat to have a bitcoin because its also a risky thing, just be patience and you can achieve to have it.
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April 04, 2018, 02:39:32 AM
 #446

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 didn't borrow fiat for bitcoin, it is more exciting and interesting to do business in bitcoin if its from your own pocket.  I do not agree the thinking that my earnings will just be going to a person whom i borrowed with. Better to work hard even for the money to invest.
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April 04, 2018, 02:40:05 AM
 #447

I never do fiat borrowing, I get bitcoin from mining online, and follow bounty program to add assets, then do manual trading
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April 04, 2018, 02:50:19 AM
 #448

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 it once. I borrowed money from a friend just to buy Bitcoin. But I never regret doing it because those times, bitcoins price is still low so I invested. When it reaches to the highest price, I sold it and I really gained a lot. I am thankful for that borrowed money.

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April 04, 2018, 06:45:35 AM
 #449

Not yet, since I still have enough money, (lucky, I'm still single).  Cheesy

I would only borrow money for btc if; I have a great plan to make more money out of it that I could compensate whatever I use and double it if possible. Any plan that would not give me sure money, well, I won't even try to borrow.

I'm wondering how will borrower told a lending company about his/her plans to use it to buy bitcoin. It looks like it is difficult at the moment.

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April 04, 2018, 06:50:51 AM
 #450

I never buy electronic moneys, webmoneys also )))
Comig to crypto was reason opportunity earning moneys without borrowwing fiat

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April 04, 2018, 04:50:17 PM
 #451

Well, I have borrowed money (sometimes from this forum too) but not for investing purpose. I believe that borrowing money to invest in somewhere else is not a wise idea but I don't hesitate to ask for money to help my own business. You are not always sure that your investment would work out or not so I won't stake money of someone else for my risk.
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April 04, 2018, 05:13:51 PM
 #452

Nope.

I'd never borrow for anything.   

Zero debt is freedom.

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April 04, 2018, 06:41:10 PM
 #453


I confess I broke the investor's rule and bought BTC for loan money, but I did not have another option.
I bought a year ago, and now in big plus.
Although, I confess, I probably would not have done this today, then I was driven by the desire for easy money.
But not such they and lungs.
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April 04, 2018, 07:01:40 PM
 #454

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 didn't and I have no plans to borrow money just for crypto. Bitcoin is volatile and I don't want to take risks just to get what I want. I believe that we should know how to handle things in our lives by not borrowing anything. It is just a matterbof being responsible. We should earn so that we'll have something to invest.
Me too. Anyway, it's too risky. There is no guarantee that the price will always be good. There are many ways to get bitcoin if it is limited capital, try join bounty project, give away, or airdrop.

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April 04, 2018, 10:33:22 PM
 #455

It's very bad to borrow money, and not just for bitcoin. You do not know how your life will turn out and it may happen that you have nothing to pay off the debt. This is a terrible situation.

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April 04, 2018, 10:45:25 PM
 #456

There is no and never would this not made. I'd rather not have bitcoin at all, because taking on debts is a very negative thing to do.

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April 05, 2018, 01:58:59 AM
 #457

Yes I once borrowed but not fiats, just some btcs to make a payment that's it Wink
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April 05, 2018, 03:06:25 AM
 #458

I do not dare to borrow fiat money to get the bitcoin is too uncomfortable. cryptocurreny can not be counted for income. I think rather than borrow money better we collect the coin through signature campaign programs and bounty is memamng takes time but more secure and not at risk.

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April 05, 2018, 03:15:56 AM
 #459

I'm planning to borrowed before but my friend told that I can actually earn without money involved at first I don't believe him but after he told to joined in this forum and joined to the bounty program, signature campaign and social media campaign I can get a reward. Then after getting a reward I can start investing and trading.
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April 05, 2018, 05:43:20 AM
 #460

Actually. The cost of the bitcoin is so expensive. I realize that if you want bitcoin came from your wallet. I wish to beholder and trader the bitcoin. No decision I borrowed fiat from my parents. I tell them all about bitcoin. Following a four-month, I officially paid my parent to obligation. There is nothing incorrectly borrowed fiat important as long as you pay your debt.
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