would u open a loan to buy the dip?

[McVillan]

If I have ever bought on credit cards or loans the price always goes down I think if you need credit to get crypto you are doubling the risks.

[Pyr3x]

It's really not the best idea to make money. Bitcoin is subject to strong fluctuations that are completely unpredictable. Therefore, you are likely to drive yourself into large debts and will not be able to earn anything.

[bigbosma]

It's too risky. You can collect a lot of debts and not be able to return them, because earning with bitcoin will never be stable and permanent. Therefore, I advise you to just save your own money and invest only them.

[goldexp83]

I would but it really depends on the loan conditions and so on.

hopefully there's a lot of different options for crypto loans, like Nexo, MakerDao but you still have to be careful that your cryptos are not going down further.

do some test and start with very little amounts!

[gabmen]

It's really not the best idea to make money. Bitcoin is subject to strong fluctuations that are completely unpredictable. Therefore, you are likely to drive yourself into large debts and will not be able to earn anything.

It's not a good idea at all period. They always say that when you trade, you only use funds that you can afford to lose. Money from a loan isn't something you can afford to lose. You'd just dig yourself a deep hole that you may find hard to get out of in the long run.

[Sithawaka]

I won't go to extreme extends but to open a affordable loan of course I might go because if we can buy these days and if bitcoin recovers in the near future the profit margin will be much higher and many experienced investors know that and that is why some buy risking everything they have to collect more bitcoin as much as they can with confidence because in the past we have seen how bitcoin has recover many times after dropping in price and specially in this time when everything is working in bitcoins favor definitely there will be a positive trend in the near future

[mutrang23]

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.

I will sell my car to buy it in the first drop. Next, I will sell my precious items if it continues to fall and I will eventually sell my house for it. I eventually became a homeless person with the Nano S ledger device 

[kickdapa]

Never! I stopped being greedy, now I am happy what I have in crypto! Taking a loan to buy cryptocurrency from the dip, this idea is not good anymore! Though this time you have a big opportunity to regain your money with profits but still I am not supporting this method to be a crypto holder. Think twice before taking any decision at this moment.

[alrose]

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.

I am ready to invest in any circumstances, but taking credit is crazy!Whatever the price of the coin is small or large in any case do not take loans.

[Twinscoin2017]

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.

I am ready to invest in any circumstances, but taking credit is crazy!Whatever the price of the coin is small or large in any case do not take loans.

Yes I agree on that I think opening a lain to invest in crypto is not advisable. We all know that crypto is unstable and if we open a loan we can maybe suffer by paying the interest if ever the crypto coin price fall, opening a loan is not really a wise idea, of we invest in crypto we need to be more brave and make a great decision or strategy to avoid lossing.

[Gi01]

It is best to invest the amount you can afford to loose. Crypto investment is not for those who are greedy, but it belongs to people who understand and know the ideas and purpose for the development of cryptocurrency. You invest because you want to support the development of the use of cryptocurrency. Invest wisely

[emulsifryer]

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.

I am ready to invest in any circumstances, but taking credit is crazy!Whatever the price of the coin is small or large in any case do not take loans.

We all don't have the same mentality and decision in life, in which some of us wants to take this kind of a risky opinion because maybe it's the only way to earn more money. But never do make a risky decision if you know the failure outcomes or maybe you'll regret it someday.

[mitchr4]

It only makes the situation worse we don't know when the dips end. The value of Bitcoin is not so stable at this time it could be that the price gets worse when you take out a loan there will come regret when you have trouble paying it back.

[Maady]

I can't think about taking loan even in my wildest dreams for various reason. first i am student so don't have credit score on my favour and second is already took education loan.

[Callanta787]

Actually if possible then I will take the chances but I'm not allowed to ,loan can be dangerous because if your target is not meet on the date given you will be in worries

[Seeker#9]

Of course not, I think it is not also advisable because trading cryptocurrency is very risky and unpredictable. I'm still going to stick to the advise of some expert traders of trading only the money that you can afford to lose. There are many ways to fund a trade but funding a trade through a loan is not a good idea because of the nature of the cryptocurrencies. Loans is best use for business ventures where profits is sure to come if you manage it well.

[qiman]

All depend son what I was buying into to be honest. If there was a chance to make a x 5 on my investment say within the next four to five months, then it would be good to open a loan with a company like NEXO for example as I would only be paying 6% a month and even if I doubled my money within say three months on that particular coin or token I purchased, then I would be well in profit, would pay back the loan and would have made even more capital to trade with. Ye sit is very high risk but it all again depends on what you want to invest in and when. Everything in this niche is a high risk right now and it is all to do with both luck and due diligence and general market conditions. Nexo is the safest place to purchase loans right now, I do not trust other money lending sites as regarding crypto currency that is. 

[Tylev]

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, under no circumstances will I get involved with loans. I know well what it is and I know how many people broke their lives because of these loans. Cryptocurrency is very unpredictable, so it is not the area where it is permissible to invest credit funds. Cryptocurrency should work only free funds. If they are absent, it is better to participate in the campaigns of bounty ICO during this period.

[Nnedaddy1]

No. I do not see myself taking a loan to buy the dip in cryptocurrency nor will I advise anyone to do same because the cryptocurrency market is highly unstable and as such one coul loose the money invested within seconds of investing.
So to be on the safe side, it's advisable that one uses his money and always invest what you can afford to loose.

[AAKODI]

Well I have heard individuals who have done that and lost everything including there house but I doubt that anyone should go to that extend and risk everything just to invest in bitcoin because for any investment asset there are downsides so the price can drop and for bitcoin it is the same but any way investing in bitcoin in these days can be considered as a bold idea because the price is very low so the profit can be much higher but to do that risking by opening a loan is not brave