would u open a loan to buy the dip?

[satriagedhe]

i wont invest that i cant afford to lose , taking loan mean i get money i never have , so if i lose it i cant payback for it again ,

[mahibul49]

i think if you are an expert then ofcourse you can take a loan but for newbie who have no knowledge about crypto and its volatility then i will say no!!
i personally very interested to take a loan to buy more crypto.

[ynclksnr321]

With this loan, trading in this market is really no difference from committing suicide. unfortunately, I've been in this work once and I'm still waiting for it to rise. I hope it will be recovered as soon as possible.

[mich]

No this is not something I would ever do.
Just imagine a worst case taking place and the dip dips even lower.
Then what, take out another loan and repeat?

[Daniel91]

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.

No, I will never do such thing.
Any market and trading is huge risk.
We should invest only money we can afford to loose.
I made such mistake once, when I opened a loan in order to buy shares from well known, stable company in the stock market, leader in the market.
On the end I lost money and I will never do again something like this.

[khufuking]

No man don't ever do that, because by doing that you are simply breaking the most important rule in Crypto and in general in any investment which is, don't ever invest more than what you can effort to lose. What if the loan became due and the coin you bought is a loss, what would you do? You will be forced to sell in a loss and still pay the loan interest or simply make another loan to cover the previous one and add more % which will make making a profit even harder, the whole thing is a big No and I wouldn't recommend it even to my enemies.

[rodel caling]

I never do that idea open loan to buy bitcoin during the dip, i am a bitcoin believer but I invest in bitcoin if i have extra money to buy as investment especially during the dip, My reason is I can't sacrifice the needs of my family.

[samcrypto]

No this is not something I would ever do.
Just imagine a worst case taking place and the dip dips even lower.
Then what, take out another loan and repeat?

We should avoid this, just imagine the risk of this market and even bitcoin is a big coin, don’t ever be too confident about that. If you invest on a coin that dumps so hard, you will be more broke because of that loan, stay away from that greed.

[xuv500]

I personally feel its a tricky option, because market looks volatile and like everyone knows market is unpredictable these days. Similarly on the other hand if you take loan you need to repay it in monthly basis which is very complicated, Looks like risky from one end and from other its like making use of opportunity. 

[geyayy]

Well, it depends on my analysis, I wouldn't say immediately that I won't do that just because its insane. Remember that there are people who used to be in debt but can say that they are rich. Therefore, its not good to give conclusions without doing any intensive research. It always lead to regret of deciding impusively.

[LogitechMouse]

Nope. I will not open a loan just to make sure that I bought the dip. This is a risky move. Lets say that yeah you bought the dip but what if it goes down further more. It will be a double problem for you as you loaned Bitcoin and now you're at a loss because the value of it goes down and as long as you can't pay it within the said time frame, the loan will giving you more and more problems.

[Anies_Sandi]

i wont invest that i cant afford to lose , taking loan mean i get money i never have , so if i lose it i cant payback for it again ,

then, from never opening the door of the loan just to join in the crypto world, because this is where there is a huge risk that many people have lost big money and even then the money used in crypto gets it by borrowing and now that person still not able to return the money

[bittraffic]

Yes. Now that it seem like we already hit the bottom. Only if there is someone who would let me have a loan from him. I'd probably load about 5BTC as investment. The only I can offer though is to promise to pay after a year or two, this of course may not be fair to him but that is just what I can offer. I would work for it to pay for him but it would take a long time.

[boyptc]

would you open a loan to buy the dip?

No, never. I don't have to try it, I just want to learn from other's experience.

and when it dips again you would open up another loan to buy the dip.

Stop taking loans for buying the dip, use your own money or sell some stuffs that you don't need anymore for funding 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.

Yes, we are bitcoin/crypto enthusiasts but you should create your own strategy and math wisely.

[babysweetTiger0401]

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.

No, I won't do that it is not a good idea, it can lead us more into bad situation in the near future.
There are so many ways or resources here for us to gain bitcoin. We can use altcoins for us to have bitcoin in the future, just like if we join in any bounty
campaign, depending on your skill were you can join in any of of the bounty social campaign, translation, Vlogg, Content creator and signature campaign.
But if you have money even it is a small amount you can still buy bitcoin then hold in a long term.

[jakasantosa]

My opinion about people making loans that are used to buy or investing in crypto assets is that people have very crazy thoughts because the risk of loans is very high.

[michellee]

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.

Never, I won't open a loan just to buy bitcoin or altcoin or anything. It's too risky for me, and I don't know how to pay back the money because I don't have a fixed job which can give me a fixed income in monthly. I only use the money I have, but of course, I don't use all the money I have because I still need that money to buy my daily needs.

[Broly46]

No!!! Many people get a loan and they get margin calls and the bitcoin price tank very hard when a lot of people get margin calls.

[xuan87]

It's a bad way to invest,how if it's not a dip but it's a burst,then you won't be able to pay back the money, don't become greedy and ruin your life, never invest your money that you don't have, especially in crypto where the market is unpredictable and got a high risk

[Lpim01]

My opinion about people making loans that are used to buy or investing in crypto assets is that people have very crazy thoughts because the risk of loans is very high.

It is the way to risk their money as well as their future.  Having in debts isn't bad if we expect returns but if not,  you better not doing.
For the situation we have now,  it is better not to commit loans cause we don't owe the market and those things might only bring you into debts whole life.