would u open a loan to buy the dip?

[mornabo]

Maybe some people would, maybe I would also take a loan but I do not like to owe money to anyone, even banks or loan givers. If I want to buy the dip, I will do it with my own money if I have enough to buy, if I don't have the money, I jill just skip that opportunity and wait for another one.

That's a good idea, especially crypto investment is also something risky, Im afraid that when you loan with someone, you can't pay it because of big interest and the like. I also agree more with investing with the amount you can afford to lose, if you make a loan, of course it's already out of your financial ability right?

I think we all hate to accept loans in this case. maybe the only way you can do is save from now on. well, that would certainly be really useful when you see something good enough to use. well, maybe some people make loans, but I don't want to be one of them.

That is what every investor must do, at least they have a backup of funds that are ready to be used at any time. so that when the price falls You can use back up funds to buy at a lower price, every investor or trader must have that plan. so you don't need to borrow funds from other people for this

[Questat]

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.

Very interesting question, I would do of course because I believe soon we will rise.
I'm thinking of lending money using my house as a collateral, it's gonna be a huge risk but I'm sure that in case I'm successful, I will reap a good reward.
Loans like mine are long term long, not that I'm desperate but I can still afford to pay the amortization since i have a decent job, I need to risk to crypto hoping that I can retire early, it's good to go full time here as you can be your own boss and you control your time.

[Caladonian]

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.

Very interesting question, I would do of course because I believe soon we will rise.
I'm thinking of lending money using my house as a collateral, it's gonna be a huge risk but I'm sure that in case I'm successful, I will reap a good reward.
Loans like mine are long term long, not that I'm desperate but I can still afford to pay the amortization since i have a decent job, I need to risk to crypto hoping that I can retire early, it's good to go full time here as you can be your own boss and you control your time.

That's really a big risk to take, if you succeed to that and the value will jumped high again and bring another high that particular lends will be turned into a big investment success, will be able to pay the house in full and be able to buy something more, we don't know what future ahead of us will bring us but
having trust like this will make something big after.

Though I'm not a type of person like that and I hate lending money, maybe investing what I have from my savings will also bring something good to me after bounce back happen and crypto start to shine again.

[crzy]

If it shown promising patterns and most likely to give me some profit. Then I will. But today with the current status of bitcoin I might not.

It can depend on the situation and if you see great potential to make profit, then why not. I don’t want debt to rule my life and I know if I do this, my family will suffer too if the market goes deeper. Go for the risk that you can afford to take, its all up to you.

[anjho.ace]

There are some guys you did the loan thing and bought ETHEREUM and BITCOIN before and they made success.
But for me at this time and in the future i will never make a loan to buy the dip of cryptocurrency.
I will always buy what i can have with my available money. and never risk anything which i can't stand in the future if i fail.

[Denies]

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.

there is a lot of chaos that occurs due to the fall of the crypto market, especially for bitcoin, I think if you have bitcoin you should hold it, and go on vacation or look for income from other jobs until the market will stabilize and bull for bitcoin I am sure of this.
I believe because existence has existed for more than 10 years and in this level of decline is not the first in the history of crypto trading

[kr105]

Why would i take such risk? There is no point of doing that. This is so absurd. I mean, crypto market is itself risky already. What’s the point of having this much pressure and stress? I don’t like this kind of strategies, so i wouldn’t do that.

[xWolfx]

I agree with how the discussion is going so far.

I'm already in a bad situation enough to start digging deeper than how i am right now. The funny thing about bad situations is that it can always be worse. Don't do that.