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Siren
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January 15, 2019, 12:25:15 PM |
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would you open a loan to buy the dip? and when it dips again you would open up another loan to buy the dip. and lets say repeat the process. probably no one is doing this. because being in debt is a bad thing. just depends on far u would invest into bitcoin or even crypto currency. sad it has to dip in the first place.
Thats the most desperate thing a cryptonians can do.having a loan just to risk for a market that can assure you no time of profit?i will definitely not do this for assuming,never forget that the volatility of cryptocurrency is indeed,and we can never tell untill things happen either to grow or to dip so stop this thinking and just buy what you can afford to lose |
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FUD Expert
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January 15, 2019, 12:33:53 PM |
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No freaking way. That would be a complete suicide brother. It could work 4-5 years ago but not today. I'm sure you are aware that a lot of people has also done that when btc spiked up to $20k and looked what they are complaining about. Better to save some money and then use that money to buy a small fraction of btc.
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#dhabitamartha
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January 15, 2019, 01:12:59 PM |
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I better buy sauce according to my financial capacity and be more careful and walk slowly safely and enjoy it every day, than I am in a hurry and do not know when the worst things happen is like feeling angry and hard to enjoy the day and sleep well
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imstillthebest
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January 15, 2019, 01:24:16 PM |
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would you open a loan to buy the dip? and when it dips again you would open up another loan to buy the dip. and lets say repeat the process. probably no one is doing this. because being in debt is a bad thing. just depends on far u would invest into bitcoin or even crypto currency. sad it has to dip in the first place.
Thats the most desperate thing a cryptonians can do.having a loan just to risk for a market that can assure you no time of profit?i will definitely not do this for assuming,never forget that the volatility of cryptocurrency is indeed,and we can never tell untill things happen either to grow or to dip so stop this thinking and just buy what you can afford to lose if you are trully a crypto addict you will do silly things such as making a loan and then buy btc whether its in a dip or not . its not bad because you can expect a return and its much better than risking the money in gambling . i know some people will make loan or sell important stuff just to play a gambling . i guess thats more inapropriate that investing in crypto right ? but overall loaning isnt bad as long as you can repay it on the exact date of agreement . |
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deisik
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January 15, 2019, 02:05:36 PM |
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would you open a loan to buy the dip? and when it dips again you would open up another loan to buy the dip. and lets say repeat the process. probably no one is doing this. because being in debt is a bad thing. just depends on far u would invest into bitcoin or even crypto currency. sad it has to dip in the first place.
Thats the most desperate thing a cryptonians can do.having a loan just to risk for a market that can assure you no time of profit?i will definitely not do this for assuming,never forget that the volatility of cryptocurrency is indeed,and we can never tell untill things happen either to grow or to dip so stop this thinking and just buy what you can afford to lose if you are trully a crypto addict you will do silly things such as making a loan and then buy btc whether its in a dip or not . its not bad because you can expect a return and its much better than risking the money in gambling . i know some people will make loan or sell important stuff just to play a gambling . i guess thats more inapropriate that investing in crypto right ? but overall loaning isnt bad as long as you can repay it on the exact date of agreement I don't think it is justified to call that "not bad" At most, you could have said that it is not as bad as taking a loan and then gambling that money away. Just because you can earn something and your chances appear to be higher than if you decided to gamble instead, it doesn't make it good (as the opposite of bad). It is just a bad idea on its own "merits" without further reservations and explanations. If you ever consider doing something like that, you should seriously reconsider your trading, and more generally, life decisions. Taking a loan is a poor man's approach to solving life circumstances, a last-ditch effort of sorts |
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Blocktopian88
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January 15, 2019, 02:53:50 PM |
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Never. The money used for buying the dip in my opinion should come from your redundant savings but not out of your ability. I don't think it's a good idea that buy the dip by opening a loan.
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jake zyrus
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January 15, 2019, 04:01:31 PM |
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You shouldn't be doing this. This is too risky and please don't risk the money that you don't have. This is the golden rule of investment. Though taking a loan to buy a property to stay is also a form of investment, crypto is entirely different thing. Only play with the extra cash you have on hand.
I agree with you, I invest only the amount afford to lose, and I never get loan to invest cause I am not sure if I gain or not. I am practical person I only afford that fit on my cash. |
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GunsLair
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January 15, 2019, 04:14:20 PM |
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No, I would definitely not go for it. In the same way, I wouldn't have mortgaged real estate or any other property in order to buy cryptocurrency. Credit can be taken, for example, to open your business. After some time you will be on your feet and will be able to pay it. With cryptocurrency, we never know how long it will recover.
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kkaroul4
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Betking.io - Best Bitcoin Casino
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January 15, 2019, 04:35:18 PM |
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not. because in my opinion it is even more risky if you take a loan to invest or buy. because if we fail or lose it will be a big burden for us because it will not be easy to repay the loan. so it's better to find capital first than to open loans
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amonymous
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January 15, 2019, 04:56:44 PM |
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I will never decision if I have no good ability Lots of money. Actually I have as much money,then I will use anything with my Like that.So now I can say don't take loan your investment, trading anyone. Because this is Cryptocurrency market so when we getting profit and when we getting lossing our money.it understand is very difficult.so you can invest,trade but as you have hand capital.but no need another loan ways,then it will give you big pain and problems your family.
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BestSSS
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January 15, 2019, 05:27:51 PM |
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Take a loan? Are you sane?.. It's crazy that even in a head cannot run. No matter how deep was not a failure, it can be even deeper and you just lose all the money borrowed and have to give it.
Spoke and once again I repeat in this market it is necessary to invest only that sum which you are not afraid to lose and not your last savings!
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yulchatar
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January 15, 2019, 07:46:42 PM |
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I think that taking a loan to invest in cryptocurrency is not a good idea. Due to frequent changes in the price of crypto, especially its decline recently, you may have problems. You will need to pay bills but you will not have resources to pay.
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qtronix
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January 15, 2019, 09:27:02 PM |
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I think I would never go for it. I would not take a loan to invest even in such a reliable currency as bitcoin. This is very risky, because we don't know when it will be able to rise again, and the loan will not wait long for payment. So it's better that I will save money from my salary, it's safer.
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mickeybuddy27
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January 15, 2019, 09:36:21 PM |
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would you open a loan to buy the dip? and when it dips again you would open up another loan to buy the dip. and lets say repeat the process. probably no one is doing this. because being in debt is a bad thing. just depends on far u would invest into bitcoin or even crypto currency. sad it has to dip in the first place.
It is hard to get loan to buy dip in crypto because you do not know when it going to profit. Maybe your savings worth on it rather being debt and work to receive payment where you can be used for buying on dip which is safer than you imagine what could happen when you are thinking about how to pay your loan. I won't take that, I will find another way if I want to invest on dip. |
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Finestream
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January 15, 2019, 11:14:10 PM |
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I think I would never go for it. I would not take a loan to invest even in such a reliable currency as bitcoin. This is very risky, because we don't know when it will be able to rise again, and the loan will not wait long for payment. So it's better that I will save money from my salary, it's safer.
Right.I think no one here would suggest to make a loan just to buy in the dips.This is really a good time to invest but make sure we will only invest on the amount we can afford to lose.And that making loans is not a guarantee that we can make good profits in a short term.So i suggest to use your extra money to invest in such a risky one like bitcoin. |
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Phantomberry
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January 16, 2019, 05:35:47 AM |
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Yes, This day in crypto are bad and the best thing to do is buying in the dip and hodl it for couple of months until bitcoin start on bullish run and open a loan is a pretty good offer to those willing to loan to it.
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killat
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January 16, 2019, 07:04:37 AM |
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Nobody knows when the bottom of the dip is. So how to open a loan if the price might continue to decrease and find yourself in the position of nit being able to pay back your loan?
You need to invest in crypto ONLY the money you can afford to risk and lose, nothing more.
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CryptoBry
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January 16, 2019, 09:30:57 AM |
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One of the best financial advise one can get in any market cryptocurrency or otherwise is to stay away from debt because debt sounds like death. Believe me...many people are right now experiencing financial hardships all because they think that debt can be played with. Debt can be the big trap that can make anyone inutile and financially paralyzed. Play with your own money and if you don't have the money to play with then stop and find ways to produce the money first. Cryptocurrency should be viewed as an investment and if you have no money to invest in the first place then go back to the drawing board.
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Permabull
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January 16, 2019, 10:01:54 AM |
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would you open a loan to buy the dip? and when it dips again you would open up another loan to buy the dip. and lets say repeat the process. probably no one is doing this. because being in debt is a bad thing. just depends on far u would invest into bitcoin or even crypto currency. sad it has to dip in the first place.
way too risky. I wouldn't do that, specifically due to the inability to accurately predict the length and the depth of the price changes. |
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Dudeperfect
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January 16, 2019, 10:18:36 AM |
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To be honest, I am not a great fan of speculation especially by requesting loans for such purpose. I believe that cryptocurrency is here to stay and we might see exponential growth in the coming years but that doesn't mean I should invest my entire capital without having a backup plan and risk management strategies. However, I believe that investing in the dip reduces the average acquisition cost and it increases the probability of profit even in the case of slight improvement in the market.
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