would u open a loan to buy the dip?

[adterna]

To buy Bitcoin borrow bank money, I don't think it needs to be done because Bitcoin is an unstable cryptocurrency, so if we buy at a price of 100 million an hour later it could be that the BItcoin price drops to 50 million, unless you are sure and sure you buy Bitcoin at the lowest price, so if the Bitocin price will go up then you can sell it.

[pilosopotasyo]

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's ok as long as you know when will the dip ends and if you are buying the last dip before the bull run, but if the coins you intend to buy are getting low then it's not worth to take up a loan to buy the dip, you can lose a lot here.

[Yamifoud]

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's ok as long as you know when will the dip ends and if you are buying the last dip before the bull run, but if the coins you intend to buy are getting low then it's not worth to take up a loan to buy the dip, you can lose a lot here.

For the safe, you'll never take the loan at all and so you won't face another problem in the coming days.  Not bad to have a loan for the good purpose but isn't sure for crypto to give back your money and pay for the interest. You better generate money that couldn't give you more hastle when to pay neither and  you can't get trouble in your mind.

[vintages]

If you ever do this,  you will have yourself to blame for a very long time. Don't be greedy or so, use the little you have and purchase the amount that you can.  This is the very mistake a lot of investors did when the price of Bitcoin was skyrocking to $20k. Use the money you are willing to forgo to invest and forget that you do so!

[messito]

Of course, I would never take such a risk because I know that most likely I will lose a lot of money

[FedorIzmailov]

if I had a similar opportunity, I did it without hesitation as much as I could to make good money on it

[Marbelli]

because this is a very risky idea, do you understand? I would have thought a thousand times before doing it

[Reid]

I would. But I dont like the feeling when I have some loans with other people or the banks.

I may risk it all for bitcoin if I do not have the numbers. I think it is a wise decision by now and the percentage for it rise is really high.
The amount that I have is enough for me. Dont want it to be too much or I might get stressed looking back and forth at the value of it and every time it fluctuates.

[marcbitcoins]

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.

You have already mention the worst scenario if you will use loans as investments as this is really a big gamble at your end. Capital loan is good if the Bitcoin market situation is like the year of 2017 performance but with this bearish market which is still in effect then i suggest to do not use credit but just invest what you can afford to lose.

[PetterJinny]

do you sure that is a deep? we can know exactly. so i think open a loan is a bad i dead

[Fluxtorrence9]

I will get a loan if bitcoin hits 2000$ per one ,yes that is a once in a life time offer and that can change my life for good because I don't think bitcoin price will ever hit so low like 2k but of that happens I will do all I can

[killat]

The main rule in cryto is to never invest more than you can afford to lose. If you open loan, this doesn't sound like you can afford to lose that money. So, the answer is definitely no.

[Kakmakr]

NO NO NO!!!

DO NOT fund any Crypto currency investment with debt, because that has been the downfall of many investors in the past. The credit card investors in 2018 have lost more than the drop in the value of the coins that they bought, because they have to pay back the interest on that credit on top of the losses, due to the drop in the price. 

Never invest with debt and never invest more than what you are willing too lose. 

[maricz]

for me yes, i open a loan to buy the dip. it's because im willing continue to invest the bicoin.

[cryptjh]

I think very few people want to take a loan to buy the dip, we have no way of knowing where the bottom are, and we have no gauntness that Bitcoin will go back to where it was, or just where it is now, in the future, however the long term potential of Bitcoins  are good and I still believe in new all time highs.

There so many stories about people who took a loan to buy Bitcoins in late 2017, those people have lost more than 80% and then comes the interest of the loan. And if they were also trading Altcoins in the start of 2018 there lost cut easy be about 90% before loan interest now.

[blockman]

for me yes, i open a loan to buy the dip. it's because im willing continue to invest the bicoin.

It's not enough that you are willing to invest in bitcoin just to take loans. Debts will not help you along your way, let's say you are successful investing but the result will come after an unexpected time. It might take few more years and the question is, how long you are willing to pay for that debt? to get out of rat race, you should be financially free and no debts at all. If you are willing to invest to bitcoin, you need to sacrifice few things that you are spending with your money. Those money that you spend for leisure time would be a good sacrifice.

[tbossmitche]

Absolutely not, taking out a loan for investment purposes might make a lot of sense. However, the volatility associated with cryptocurrencies doesnt help at all as there's no way to even know the bottom (My heart goes out to those who bought the dip at $16  ). Being financially free will definitely involve some sort of calculated gambling but I'm of the opinion that taking out loans to invest in cryptocurrencies is too much of a gamble. M] belief in crypto is unwavering, but there's no way I'm taking a loan to buy the dip.

[coinwizard_]

Most people here are saying no, but looking at the charts it is unlikely to be this low for the next few years. If you can get a long term low interest loan then go for it. Opportunities like this are rare

[HiDevin]

Maybe if I knew how to trade efficiently. Most people don't know how to trade, they just buy bitcoin and let it sit there until it spikes up and they sell at a price they are happy with.
If I was trading right now, I still wouldn't take out a loan considering how bear the market is, I would probably default on it. Other traders know how to make money even when the market is bear, so I think they would take that loan.

Just like @cryptjh said, there is no way to see where the bottom or top is for bitcoin ( for most people ), so they wouldn't take a loan.

[Pursuer]

that is a very silly question because the (literary) first rule of investment which anybody around the world knows is that you should never invest money that you can not afford to lose and obviously a "loan" is money that you don't even own let alone be able to afford losing it!
so the answer is obviously no. of course there are people who are doing it but at the same time there are people who are gambling their money in Atlantic City every day in the millions. that doesn't make it right.