Buy the DIP, and HODL!

[Justbillywitt]

Investing with borrowed funds??? People just keep making grave mistakes over and over for no practical reason, a mentor once told me to never start a business with borrowed money since I would never if the business will work out, only to borrow when trying to expand an already established business, borrowing to invest in bitcoin is just wrong, the person is not just spending money that they shouldn't, they are spending money they don't even have, how do they plan to pay back the borrowed money??? I don't think any bank would wait for 10 years to get their money back, so in a desperate attempt to save their future, they end up mortgaging it.

In as much as you are right in your own perspective, you aren't getting the clear picture here, if someone is investing with a borrowed funds, it might be very good, only if the person is paying back in an installment manner were it will be debited from his or her paycheck either weekly or monthly, and  the interest rate must be on the lower side of it, if this are the conditions for the loan, it's too good to turn down especially when their is a dip in the market, take note that the loan can be paid back in an installment manner from your paycheck, so you probably wouldn't feel the effect especially when it's being spread out for like three to four years payment period, it's a calculated risk actually, but if this conditions are in place, it's a very good opportunity to buy a huge chunk of Bitcoin and add to your stash.
But if in all this, if the interest rate is on the high side, it's not good to take such loan because it's not in your best interest, this my own opinion though.

One thing for sure we should always know is that Bitcoin investment is not as the same having ownership of a business such that anyone borrowing money to invest in Bitcoin must have another secured plan of paying back that is not from his Bitcoin investment because if you borrow money to invest in Bitcoin and expect to pay back with profits you get in Bitcoin, that is pure gambling than investing , no one can be certain about the future of Bitcoin so anyone borrowing money to invest in Bitcoin should have it all planned out to pay back from another source because if you depend to pay back from what you will get from Bitcoin, you will end up messing your emotions and can even die in the process especially when Bitcoin is in dip season. Bitcoin is bond to be volatile you don't know to what extend how and when it  will go up or down Why borrowing money and think you can pay back from it? Such person will never have rest or peace of mind.

This is just the end point of it, when using a borrowed money to invest in Bitcoin you don't plan on paying back from the profit you make from your holdings, you pay back from another source, that's why I made it very clearly that if the loan is being payed back installmentally from your paycheck it's quite cool, especially if the interest is on the lower side and it's spread out across three to five years payment, but if the interest is high and you planned on paying it back from your holdings, it's a no no in my own opinion, because it's a terrible mistake to be making in this age and time.

Everything you said is very valid, provided that the person borrowing the money is certain of his job security, while borrowing money and spreading the repayment to the desired number of years. The borrower should be sure of his job security, in a situation where such person is an employee. When I say job security, I mean he is sure that for that number of years that his loan is going to run he's not going to be sacked from his job or the company he's working with is not going to fold. Because if any of these happens it's going to be a problem on his side. My advice to anyone who is thinking of undertaking such adventure, is to consider their job security seriously before making their final decision. But if they are certain their job is going to last longer than the period that the loan is going to run, they can go ahead and take the loan.

[POPOLUV]

This is just the end point of it, when using a borrowed money to invest in Bitcoin you don't plan on paying back from the profit you make from your holdings, you pay back from another source, that's why I made it very clearly that if the loan is being payed back installmentally from your paycheck it's quite cool, especially if the interest is on the lower side and it's spread out across three to five years payment, but if the interest is high and you planned on paying it back from your holdings, it's a no no in my own opinion, because it's a terrible mistake to be making in this age and time.

Personally I don't support the idea of someone borrowing to invest in Bitcoin, I totally discourage such mindset, Bitcoin is not like other investment so it won't be nice for anyone to borrow to invest in Bitcoin, it isn't right for me, mate there are some investment we can actually borrow to invest in but not Bitcoin unless an investor has a good source of income he or she can lay hands on later to pay up the loan just as you said but whats they need of even doing that, instead of borrowing when you have other source to pay back, why not use that same source to keep investing slowly consistently, I don't support borrowing to invest in Bitcoin, Bitcoin investment should be done in such a way that an investor wouldn't put him or herself in an unnecessary pressure that's capable of making his BP to rise, since we understand and know that we can actually invest in Bitcoin with what we can afford temporarily and increase our level of investment when your income comes up, I don't see any need of doing otherwise for no just cause when we can do things gradually,steadily and relaxed without being bothered.

I wonder how people would be so desperate to the point that they'll take loans to embark on a long-term investment, one shouldn't even take loans to risk on coin with short-term gains talk more of investing on a coin that involves the future, either ways the person would end up being in debt and we all know that it comes it embarrassments most times, when the debt is due for Payment and the person can't meet up paying, of course they'll never meet up paying on time and that's the first thing one should consider before making such decisions since Bitcoin investment is something that involves holding for the future. I don't support that idea as well and I feel people who do that are those with a trader mentality cause they won't say they're not aware that Bitcoin investment is for the future, so why take loans to invest of something you'll hold for long-term before making good profits, expect they're only investing for short-term gains like buying during the dip to take profit went it pumps which is definitely a traders mentality.

I agreed with you on this because i have not seen a loan that someone can take more than a year without paying or remiting back to the organization or you will pay at once, so taken loan will surely make you to be monitoring when Bitcoin have go high for he to trade immediately in order to meet the loan, so with such loan an investor can never practice long term investment, on my own taken loan for investment is not the best option here, since Bitcoin is what will take a longer time for the dip to happen.

[Futurexxx]

This is just the end point of it, when using a borrowed money to invest in Bitcoin you don't plan on paying back from the profit you make from your holdings, you pay back from another source, that's why I made it very clearly that if the loan is being payed back installmentally from your paycheck it's quite cool, especially if the interest is on the lower side and it's spread out across three to five years payment, but if the interest is high and you planned on paying it back from your holdings, it's a no no in my own opinion, because it's a terrible mistake to be making in this age and time.

Personally I don't support the idea of someone borrowing to invest in Bitcoin, I totally discourage such mindset, Bitcoin is not like other investment so it won't be nice for anyone to borrow to invest in Bitcoin, it isn't right for me, mate there are some investment we can actually borrow to invest in but not Bitcoin unless an investor has a good source of income he or she can lay hands on later to pay up the loan just as you said but whats they need of even doing that, instead of borrowing when you have other source to pay back, why not use that same source to keep investing slowly consistently, I don't support borrowing to invest in Bitcoin, Bitcoin investment should be done in such a way that an investor wouldn't put him or herself in an unnecessary pressure that's capable of making his BP to rise, since we understand and know that we can actually invest in Bitcoin with what we can afford temporarily and increase our level of investment when your income comes up, I don't see any need of doing otherwise for no just cause when we can do things gradually,steadily and relaxed without being bothered.

I wonder how people would be so desperate to the point that they'll take loans to embark on a long-term investment, one shouldn't even take loans to risk on coin with short-term gains talk more of investing on a coin that involves the future, either ways the person would end up being in debt and we all know that it comes it embarrassments most times, when the debt is due for Payment and the person can't meet up paying, of course they'll never meet up paying on time and that's the first thing one should consider before making such decisions since Bitcoin investment is something that involves holding for the future. I don't support that idea as well and I feel people who do that are those with a trader mentality cause they won't say they're not aware that Bitcoin investment is for the future, so why take loans to invest of something you'll hold for long-term before making good profits, expect they're only investing for short-term gains like buying during the dip to take profit went it pumps which is definitely a traders mentality.

Brotherly, it's not about desperation, this is more of being financially smart, their is nothing to be desperate about here, first of all, kill that notion that you will be paying the loan back from your Bitcoin holdings.
You will first of all look at the terms and conditions of the loan, if it's a flexible loan where you pay back through installment plan, and it's being spread across three to five years interval it's very good.
Furthermore, if the interest rate is on the lower side, it's a very good deal because that loan can easily be payed back from your paycheck once it comes either weekly or monthly, and with the huge amount of money borrowed you can easily buy a huge chunk of Bitcoin at once, what will even make it more juicy is if their is a dip then, because I am quite positive that Bitcoin will definitely outperform any interest rate attached to that loan on the longer run as long as it's on the lower side of it.

So what am trying to say is that if the condition of the loan is just as I explained it in the first paragraph, it's a very good opportunity we should be seizing, anything contrary should not be considered, this is my own opinion though.

[Tmoonz]

This is just the end point of it, when using a borrowed money to invest in Bitcoin you don't plan on paying back from the profit you make from your holdings, you pay back from another source, that's why I made it very clearly that if the loan is being payed back installmentally from your paycheck it's quite cool, especially if the interest is on the lower side and it's spread out across three to five years payment, but if the interest is high and you planned on paying it back from your holdings, it's a no no in my own opinion, because it's a terrible mistake to be making in this age and time.

Personally I don't support the idea of someone borrowing to invest in Bitcoin, I totally discourage such mindset, Bitcoin is not like other investment so it won't be nice for anyone to borrow to invest in Bitcoin, it isn't right for me, mate there are some investment we can actually borrow to invest in but not Bitcoin unless an investor has a good source of income he or she can lay hands on later to pay up the loan just as you said but whats they need of even doing that, instead of borrowing when you have other source to pay back, why not use that same source to keep investing slowly consistently, I don't support borrowing to invest in Bitcoin, Bitcoin investment should be done in such a way that an investor wouldn't put him or herself in an unnecessary pressure that's capable of making his BP to rise, since we understand and know that we can actually invest in Bitcoin with what we can afford temporarily and increase our level of investment when your income comes up, I don't see any need of doing otherwise for no just cause when we can do things gradually,steadily and relaxed without being bothered.

I wonder how people would be so desperate to the point that they'll take loans to embark on a long-term investment, one shouldn't even take loans to risk on coin with short-term gains talk more of investing on a coin that involves the future, either ways the person would end up being in debt and we all know that it comes it embarrassments most times, when the debt is due for Payment and the person can't meet up paying, of course they'll never meet up paying on time and that's the first thing one should consider before making such decisions since Bitcoin investment is something that involves holding for the future. I don't support that idea as well and I feel people who do that are those with a trader mentality cause they won't say they're not aware that Bitcoin investment is for the future, so why take loans to invest of something you'll hold for long-term before making good profits, expect they're only investing for short-term gains like buying during the dip to take profit went it pumps which is definitely a traders mentality.

I agreed with you on this because i have not seen a loan that someone can take more than a year without paying or remiting back to the organization or you will pay at once, so taken loan will surely make you to be monitoring when Bitcoin have go high for he to trade immediately in order to meet the loan, so with such loan an investor can never practice long term investment, on my own taken loan for investment is not the best option here, since Bitcoin is what will take a longer time for the dip to happen.

This issue of taking loan to invest in Bitcoin has really been discussed several times and to me i found a fair justification and consideration in most of the discussions which implies that if the demands, terms and conditions of repaying the loan can be handle outside of our Bitcoin investment which should be first determined by our general and personal circumstances and in view of time and seasons for a proper evaluation before taking such decision, if all this has been carried and confirmed to be ok then taken a loan to invest Bitcoin shouldn't be a problem for me, because am already aware of the risk and precautions has been taken prior to time.

[Taskford]

This is just the end point of it, when using a borrowed money to invest in Bitcoin you don't plan on paying back from the profit you make from your holdings, you pay back from another source, that's why I made it very clearly that if the loan is being payed back installmentally from your paycheck it's quite cool, especially if the interest is on the lower side and it's spread out across three to five years payment, but if the interest is high and you planned on paying it back from your holdings, it's a no no in my own opinion, because it's a terrible mistake to be making in this age and time.

Personally I don't support the idea of someone borrowing to invest in Bitcoin, I totally discourage such mindset, Bitcoin is not like other investment so it won't be nice for anyone to borrow to invest in Bitcoin, it isn't right for me, mate there are some investment we can actually borrow to invest in but not Bitcoin unless an investor has a good source of income he or she can lay hands on later to pay up the loan just as you said but whats they need of even doing that, instead of borrowing when you have other source to pay back, why not use that same source to keep investing slowly consistently, I don't support borrowing to invest in Bitcoin, Bitcoin investment should be done in such a way that an investor wouldn't put him or herself in an unnecessary pressure that's capable of making his BP to rise, since we understand and know that we can actually invest in Bitcoin with what we can afford temporarily and increase our level of investment when your income comes up, I don't see any need of doing otherwise for no just cause when we can do things gradually,steadily and relaxed without being bothered.

I wonder how people would be so desperate to the point that they'll take loans to embark on a long-term investment, one shouldn't even take loans to risk on coin with short-term gains talk more of investing on a coin that involves the future, either ways the person would end up being in debt and we all know that it comes it embarrassments most times, when the debt is due for Payment and the person can't meet up paying, of course they'll never meet up paying on time and that's the first thing one should consider before making such decisions since Bitcoin investment is something that involves holding for the future. I don't support that idea as well and I feel people who do that are those with a trader mentality cause they won't say they're not aware that Bitcoin investment is for the future, so why take loans to invest of something you'll hold for long-term before making good profits, expect they're only investing for short-term gains like buying during the dip to take profit went it pumps which is definitely a traders mentality.

I agreed with you on this because i have not seen a loan that someone can take more than a year without paying or remiting back to the organization or you will pay at once, so taken loan will surely make you to be monitoring when Bitcoin have go high for he to trade immediately in order to meet the loan, so with such loan an investor can never practice long term investment, on my own taken loan for investment is not the best option here, since Bitcoin is what will take a longer time for the dip to happen.

This issue of taking loan to invest in Bitcoin has really been discussed several times and to me i found a fair justification and consideration in most of the discussions which implies that if the demands, terms and conditions of repaying the loan can be handle outside of our Bitcoin investment which should be first determined by our general and personal circumstances and in view of time and seasons for a proper evaluation before taking such decision, if all this has been carried and confirmed to be ok then taken a loan to invest Bitcoin shouldn't be a problem for me, because am already aware of the risk and precautions has been taken prior to time.

Its just there are people think about doing it is bad option while the fact is doing it is actually not a bad idea. They are using the funds for investment and not for any money wasting activities.

Maybe people should stop this stereotype that taking loans is bad for everyone. Since if that can generate them more profit their action done with that serves its purpose. Also as long as we are capable to pay I guess there's nothing wrong to take loan to invest it on Bitcoin. Everything will be in bad shape especially if they have this greedy instances to take big loans then buy Bitcoin thinking about they can sell it for quick profits since with that they taking huge risk. So hopefully that risky thing don't come up in their mind for taking those loans since they might lose everything they have with that situation.

[Beparanf]

This issue of taking loan to invest in Bitcoin has really been discussed several times and to me i found a fair justification and consideration in most of the discussions which implies that if the demands, terms and conditions of repaying the loan can be handle outside of our Bitcoin investment which should be first determined by our general and personal circumstances and in view of time and seasons for a proper evaluation before taking such decision, if all this has been carried and confirmed to be ok then taken a loan to invest Bitcoin shouldn't be a problem for me, because am already aware of the risk and precautions has been taken prior to time.

This is only good if you are buying Bitcoin when the price is on the floor or experienced correction since you can guarantee that the price will recover immediately to gain profit that can cover you loan interest.

However, if you are loaning money for the sake of long term investment then it’s useless to pay a loan interest while you can just slowly DCA using your salary every month knowing that you can pay your loan outside your Bitcoin investment. You are just taking unnecessary interest while you are just waiting long term for your investment to grow.

Much better to accumulate slowly using the money that you don’t have any other allocation. Loan will just give you pressure for your investment.

[Tmoonz]

This issue of taking loan to invest in Bitcoin has really been discussed several times and to me i found a fair justification and consideration in most of the discussions which implies that if the demands, terms and conditions of repaying the loan can be handle outside of our Bitcoin investment which should be first determined by our general and personal circumstances and in view of time and seasons for a proper evaluation before taking such decision, if all this has been carried and confirmed to be ok then taken a loan to invest Bitcoin shouldn't be a problem for me, because am already aware of the risk and precautions has been taken prior to time.

This is only good if you are buying Bitcoin when the price is on the floor or experienced correction since you can guarantee that the price will recover immediately to gain profit that can cover you loan interest.

This is wrong because there is no guarantee that the price of Bitcoin will recover immediately after experiencing correction, it is a trading kind of mindset that is buying Bitcoin when in dip to sell when it is high, it completely timing the market which can be very unrealistic because Bitcoin is volatile, what will become of you when you will buy in dip or correction and it keeps dipping while you are expecting it to go up to enable repay your loan, perhaps you can never determine how long Bitcoin will be down before going up based on your loan repayment terms and conditions. If Bitcoin doesn't recover as soon as expected after buying during corrections you will end up panicking and possibly sell at lost.

[Justbillywitt]

This issue of taking loan to invest in Bitcoin has really been discussed several times and to me i found a fair justification and consideration in most of the discussions which implies that if the demands, terms and conditions of repaying the loan can be handle outside of our Bitcoin investment which should be first determined by our general and personal circumstances and in view of time and seasons for a proper evaluation before taking such decision, if all this has been carried and confirmed to be ok then taken a loan to invest Bitcoin shouldn't be a problem for me, because am already aware of the risk and precautions has been taken prior to time.

This is only good if you are buying Bitcoin when the price is on the floor or experienced correction since you can guarantee that the price will recover immediately to gain profit that can cover you loan interest.

This is even the worst approach, and thinking like this are the main reasons why taking a loan to buy bitcoin is discouraged. Mind you every discussion here is aimed towards long term investment. You are sounding as if you are aware when the recovery is going to happen. What if it's a prolonged dip that is going to last longer than you anticipated and your loan repayment is due and the market keeps dropping? Won't you be in trouble by then? We ain't talking about trading here or selling your bitcoin to pay off loans. Taking loan for the sole purpose of trading is bad it's discouraged.

However, if you are loaning money for the sake of long term investment then it’s useless to pay a loan interest while you can just slowly DCA using your salary every month knowing that you can pay your loan outside your Bitcoin investment. You are just taking unnecessary interest while you are just waiting long term for your investment to grow.

Much better to accumulate slowly using the money that you don’t have any other allocation. Loan will just give you pressure for your investment.

It is not useless, provided you are working and you have job security, of which you can be paying off the loan on installments on monthly or weekly basis, depending on the structure which your salary comes and the agreement you have with your creditors. The essence of if, is to make bulk purchase. It doesn't stop you from doing your DCA if you have more disposable income at the end of the day. Since you won't be using all your salary for repayment of the loan. It's only a percentage of it that will be deducted from source for your loan repayment. There are flexible and soft loans that you can take and you won't even feel it. Just make sure you have a source of income and know if the security of your sources is well guaranteed.

[Hewlet]

However, if you are loaning money for the sake of long term investment then it’s useless to pay a loan interest while you can just slowly DCA using your salary every month knowing that you can pay your loan outside your Bitcoin investment. You are just taking unnecessary interest while you are just waiting long term for your investment to grow.

Much better to accumulate slowly using the money that you don’t have any other allocation. Loan will just give you pressure for your investment.

It is not useless, provided you are working and you have job security, of which you can be paying off the loan on installments on monthly or weekly basis, depending on the structure which your salary comes and the agreement you have with your creditors. The essence of if, is to make bulk purchase. It doesn't stop you from doing your DCA if you have more disposable income at the end of the day. Since you won't be using all your salary for repayment of the loan. It's only a percentage of it that will be deducted from source for your loan repayment. There are flexible and soft loans that you can take and you won't even feel it. Just make sure you have a source of income and know if the security of your sources is well guaranteed.

Taking up a loan for the sake of Bitcoin investment is not something that should be encouraged even though you have the means of paying it back while still doing your DCA or buying your BTC  with whatever strategy you are hoping to work with. What is wrong is wrong, and it does not matter if you are going to invest for a long term and have the finance to cover up the loan and interest for that period.

if you can so pay up a loaned money from your salary, why not relax and just constantly DCA with what you are earning and in the long run you will eventually get to your accumulation goal. The amount you will eventually pay up as interest can still enter into your investment and take out the pressure that comes from the people you took the money from who won't let you rest until you have paid up your debt.

One thing with long-term Bitcoin investment is that you normally should work on setting things in place that will help you stay invested for the long run and not put yourself in a position where you might get tempted to sell your BTC just to offset your loan. Terms and conditions that look easy for most loans are mostly used to entice you into taking the loan. After getting yourself in debt and then other uncertainties coming up, you will eventually discover that you have added a lot of problems to yourself that you cannot solve at the same time while building up your investment portfolio..

[ultrloa]

This is only good if you are buying Bitcoin when the price is on the floor or experienced correction since you can guarantee that the price will recover immediately to gain profit that can cover you loan interest.

I think the loan interest is not big if we could just pay at the time negotiated with the lender. Also for sure you won't feel those things especially that you are engaging with Bitcoin for long term and not trying to hit up some short time gains with Bitcoin. If you are looking for short term profit then provably that you will chase some profit just to cover up the interest of your borrowed money. What more worse is there is potential that you might lose your money especially if there's some point that you decide to trade your Bitcoin when chasing something and paying to much attention on this matter.

However, if you are loaning money for the sake of long term investment then it’s useless to pay a loan interest while you can just slowly DCA using your salary every month knowing that you can pay your loan outside your Bitcoin investment. You are just taking unnecessary interest while you are just waiting long term for your investment to grow.

No, its not useless since after all you add up some volume for your investment. I understand your point about using your salary but there are some situation that bother's up our accumulation and that one factor could make us decide to loan so that there's no time wasted for those delays happen.

Much better to accumulate slowly using the money that you don’t have any other allocation. Loan will just give you pressure for your investment.

You will only get pressured if you don't have money to pay, but if you have passive income to rely on then for sure you will never think that its bad decision to do it. Especially your intention is to buy Bitcoin and gain some volume.

[Agbamoni]

This issue of taking loan to invest in Bitcoin has really been discussed several times and to me i found a fair justification and consideration in most of the discussions which implies that if the demands, terms and conditions of repaying the loan can be handle outside of our Bitcoin investment which should be first determined by our general and personal circumstances and in view of time and seasons for a proper evaluation before taking such decision, if all this has been carried and confirmed to be ok then taken a loan to invest Bitcoin shouldn't be a problem for me, because am already aware of the risk and precautions has been taken prior to time.

This is only good if you are buying Bitcoin when the price is on the floor or experienced correction since you can guarantee that the price will recover immediately to gain profit that can cover you loan interest.

It doesn't make sense at all. It will be wrong if take a loan because you are expecting profits in a short time before you can pay the loan debt. What if Bitcoin price never went up for months do you know how much interested you will be owing? The price of Bitcoin is not certain it will go up so if you are taking a loan relying on Bitcoin price to payback you will be in a deep situation if it doesn't. Before you can take loan ensure you are certain of the money to pay back is coming before the repay day so that you won't miss out that day and have much interested and debt to pay. And the repay money must be outside of your Bitcoin investment. Don't forget that most loans come with a very high interest rate, imagine the price of Bitcoin swings in a short price for a long time imagine the interest you will be paying even if you make that profit after some months or years you won't be able to pay off your debt. You may lose both your investment and still be owning the loan. Debt is already a big problem that makes you think when you are in debt imagine adding it with Bitcoin prince fluctuation and your borrowed money you think about is in Bitcoin while keep dipping.

[bitzizzix]

This issue of taking loan to invest in Bitcoin has really been discussed several times and to me i found a fair justification and consideration in most of the discussions which implies that if the demands, terms and conditions of repaying the loan can be handle outside of our Bitcoin investment which should be first determined by our general and personal circumstances and in view of time and seasons for a proper evaluation before taking such decision, if all this has been carried and confirmed to be ok then taken a loan to invest Bitcoin shouldn't be a problem for me, because am already aware of the risk and precautions has been taken prior to time.

This is only good if you are buying Bitcoin when the price is on the floor or experienced correction since you can guarantee that the price will recover immediately to gain profit that can cover you loan interest.

It doesn't make sense at all. It will be wrong if take a loan because you are expecting profits in a short time before you can pay the loan debt. What if Bitcoin price never went up for months do you know how much interested you will be owing? The price of Bitcoin is not certain it will go up so if you are taking a loan relying on Bitcoin price to payback you will be in a deep situation if it doesn't. Before you can take loan ensure you are certain of the money to pay back is coming before the repay day so that you won't miss out that day and have much interested and debt to pay. And the repay money must be outside of your Bitcoin investment. Don't forget that most loans come with a very high interest rate, imagine the price of Bitcoin swings in a short price for a long time imagine the interest you will be paying even if you make that profit after some months or years you won't be able to pay off your debt. You may lose both your investment and still be owning the loan. Debt is already a big problem that makes you think when you are in debt imagine adding it with Bitcoin prince fluctuation and your borrowed money you think about is in Bitcoin while keep dipping.

Oh my gosh there are still people who do this stupid thing, taking out a loan just for an unexpected Bitcoin investment. Remember Bitcoin will only be profitable if you do it for the long term and this is what you have to think about, while you have to pay back the money you borrowed along with the interest at the right time, and the question is do you not think whether Bitcoin will give you the right profit when you want to pay off your loan at the agreed time, and if everything does not go as expected, it will be a disaster for you and potentially make you stressed even you will dig a hole to cover a hole that will never end and also potentially you will sell valuables or something expensive to pay off the debt you borrowed when it is not on time and with this you have already got two losses. You have to think carefully and also think about the risks, don't let yourself be blinded by the big profits that other people get from Bitcoin without you knowing the truth
My advice, you better sell something expensive or something valuable that you have to be able to invest in Bitcoin and this is much better than borrowing and also wiser. Because you will only sell Bitcoin when you are in a very profitable position and as long as it is not profitable or you are not satisfied with the existing profit then you will continue to hold it until you are truly satisfied with the profit from the money you have. And you only need patience and also a strong belief that Bitcoin will give you profit and to find out the profit that will be obtained takes a long time and that is certain and with all that when Bitcoin has reached what you want you can buy back what you sold even more than that which I think is much better and wiser because Bitcoin is a long-term investment that will give you definite profit, and it would be much better if you have a stable income or you get it after you do it and you think well if you have a job and get a stable income it can help you to be able to buy Bitcoin periodically which will be done when you get money and after you prioritize your important needs.

[Issa56]

It doesn't make sense at all. It will be wrong if take a loan because you are expecting profits in a short time before you can pay the loan debt. What if Bitcoin price never went up for months do you know how much interested you will be owing?

If anyone is planning to take loan to invest in bitcoin, then they are suppose to have a source of income which can be used to pay back the loan which they took, but if anyone is expecting to use the profits which they make from bitcoin investment to pay back their loan, then that’s completely wrong. If you are taking a loan, there will be interest on the loan, and definitely there will be a pay back time.

You might invest in bitcoin, and the price will start dropping immediately, don’t be surprise that bitcoin price might not even recover for months, and you won’t be able to pay back you loan, and if you decide to sell, then you will be selling at loss, and you will have to pay for the interest so it doesn’t make any sense.

If you are investing in bitcoin, and you having other means to pay back your loan,  even if bitcoin price is crashing you won’t be disturbed, because you have other means to pay back the loan, and you will continue holding your bitcoin. So if you are taking loan, make sure you have other means to pay back.

[Nightwatchmare]

This is just the end point of it, when using a borrowed money to invest in Bitcoin you don't plan on paying back from the profit you make from your holdings, you pay back from another source, that's why I made it very clearly that if the loan is being payed back installmentally from your paycheck it's quite cool, especially if the interest is on the lower side and it's spread out across three to five years payment, but if the interest is high and you planned on paying it back from your holdings, it's a no no in my own opinion, because it's a terrible mistake to be making in this age and time.

Personally I don't support the idea of someone borrowing to invest in Bitcoin, I totally discourage such mindset, Bitcoin is not like other investment so it won't be nice for anyone to borrow to invest in Bitcoin, it isn't right for me, mate there are some investment we can actually borrow to invest in but not Bitcoin unless an investor has a good source of income he or she can lay hands on later to pay up the loan just as you said but whats they need of even doing that, instead of borrowing when you have other source to pay back, why not use that same source to keep investing slowly consistently, I don't support borrowing to invest in Bitcoin, Bitcoin investment should be done in such a way that an investor wouldn't put him or herself in an unnecessary pressure that's capable of making his BP to rise, since we understand and know that we can actually invest in Bitcoin with what we can afford temporarily and increase our level of investment when your income comes up, I don't see any need of doing otherwise for no just cause when we can do things gradually,steadily and relaxed without being bothered.

Borrowing money to finance bitcoin investment might sound unpalatable to you, and it is normal for you to feel that way due to the fact that bitcoin is a long-term investment and the borrower might not depend on his bitcoin investment to repay his loan. In my opinion, if the borrower has checked the terms and conditions of the loan and he seems okay with it and knows he can repay back the loan with his source of income before the due date reaches without him taking profits from his bitcoin investment or without him selling any of his property to repay back the loan, I think it is okay and fine for someone to take a loan to invest in bitcoin.

[SOKO-DEKE]

This issue of taking loan to invest in Bitcoin has really been discussed several times and to me i found a fair justification and consideration in most of the discussions which implies that if the demands, terms and conditions of repaying the loan can be handle outside of our Bitcoin investment which should be first determined by our general and personal circumstances and in view of time and seasons for a proper evaluation before taking such decision, if all this has been carried and confirmed to be ok then taken a loan to invest Bitcoin shouldn't be a problem for me, because am already aware of the risk and precautions has been taken prior to time.

This is only good if you are buying Bitcoin when the price is on the floor or experienced correction since you can guarantee that the price will recover immediately to gain profit that can cover you loan interest.

And with that, I will easily conclude that the person is a trader because it is only a trader would think in that manner buying Bitcoin now and selling within a short period to make a profit for certain purposes like to pay back it loan. An investor would hardly think that way.I will never advise any trader to take a loan to trade Bitcoin. However, for any investor who wants to take a loan and invest in Bitcoin, I have no problem with the idea, but they should ensure they have reliable sources of income to repay the loan.Taking a loan to invest in Bitcoin is not the problem, the real concern is the plan for repayment. If someone has a solid plan to repay the loan, they can proceed with investing in Bitcoin, and paying back the loan will not be a major issue,and In that case even their Bitcoin investment will go smoothly.

[Silentcursor]

This issue of taking loan to invest in Bitcoin has really been discussed several times and to me i found a fair justification and consideration in most of the discussions which implies that if the demands, terms and conditions of repaying the loan can be handle outside of our Bitcoin investment which should be first determined by our general and personal circumstances and in view of time and seasons for a proper evaluation before taking such decision, if all this has been carried and confirmed to be ok then taken a loan to invest Bitcoin shouldn't be a problem for me, because am already aware of the risk and precautions has been taken prior to time.

This is only good if you are buying Bitcoin when the price is on the floor or experienced correction since you can guarantee that the price will recover immediately to gain profit that can cover you loan interest.

And with that, I will easily conclude that the person is a trader because it is only a trader would think in that manner buying Bitcoin now and selling within a short period to make a profit for certain purposes like to pay back it loan. An investor would hardly think that way.I will never advise any trader to take a loan to trade Bitcoin. However, for any investor who wants to take a loan and invest in Bitcoin, I have no problem with the idea, but they should ensure they have reliable sources of income to repay the loan.Taking a loan to invest in Bitcoin is not the problem, the real concern is the plan for repayment. If someone has a solid plan to repay the loan, they can proceed with investing in Bitcoin, and paying back the loan will not be a major issue,and In that case even their Bitcoin investment will go smoothly.

I totally agree with you. It is simply trading not investment. Any action that requires taking a loan to buy Bitcoin with the aim of paying it when the price goes up can only work if there is a perfect timing in the market price. But the sad truth is no one can perfectly time the market consistent and timing the market is for traders not for investors. Even swing traders don't get to correctly get the right timing at times to tell you how difficult it can be when someone tries to time the market. It looks to me that people are still getting things all mixed up when they think they re investing. One reality is bitcoin don't always recover immediately after a dip. Sometimes it will take months to even recover after consolidating for that period of time. If cautiously or out of desperateness an investor takes a loan to buy Bitcoin at this period the interest will keep accumulating, and they might end up gaining at all at times they end up paying with the same bitcoin they used the loan to buy. There is only one way to avoid all of this which is by just doing DCA with their little discretionary income. No matter how little it is it can go a long way after years of accumulating. With DCA they don't need to take loan they only need to accumulate gradually and when they have extra discretionary it could be a tip from work, or gift by loved ones and friends anyhow the discretionary income came. They can invest that amount into Bitcoin by buying the dip while they still accumulate through DCA continuously.

Buying every dip doesn't mean we should take any action to buy the dip. We should buy the dip when we are comfortable to buy it not when we don't have any extra income but we go any mile to take loan, or do wrong things to get the income to buy the dip.

[Proty]

This issue of taking loan to invest in Bitcoin has really been discussed several times and to me i found a fair justification and consideration in most of the discussions which implies that if the demands, terms and conditions of repaying the loan can be handle outside of our Bitcoin investment which should be first determined by our general and personal circumstances and in view of time and seasons for a proper evaluation before taking such decision, if all this has been carried and confirmed to be ok then taken a loan to invest Bitcoin shouldn't be a problem for me, because am already aware of the risk and precautions has been taken prior to time.

This is only good if you are buying Bitcoin when the price is on the floor or experienced correction since you can guarantee that the price will recover immediately to gain profit that can cover you loan interest.

It doesn't make sense at all. It will be wrong if take a loan because you are expecting profits in a short time before you can pay the loan debt. What if Bitcoin price never went up for months do you know how much interested you will be owing? The price of Bitcoin is not certain it will go up so if you are taking a loan relying on Bitcoin price to payback you will be in a deep situation if it doesn't. Before you can take loan ensure you are certain of the money to pay back is coming before the repay day so that you won't miss out that day and have much interested and debt to pay. And the repay money must be outside of your Bitcoin investment. Don't forget that most loans come with a very high interest rate, imagine the price of Bitcoin swings in a short price for a long time imagine the interest you will be paying even if you make that profit after some months or years you won't be able to pay off your debt. You may lose both your investment and still be owning the loan. Debt is already a big problem that makes you think when you are in debt imagine adding it with Bitcoin prince fluctuation and your borrowed money you think about is in Bitcoin while keep dipping.

Taking loans to buy bitcoin with the intention of paying back with the yielded profits is a very wrong idea  and the investor will be investing for short term with the aim of making quick profit which is very risky since bitcoin investment is best appreciated when viewed in terms of long term owing to the volatile nature of bitcoin.
 An investor can take loan to buy bitcoin when there are other means to pay or when he has other means of getting money to sort out the loan before the agreed time

[BitBakerr1]

This issue of taking loan to invest in Bitcoin has really been discussed several times and to me i found a fair justification and consideration in most of the discussions which implies that if the demands, terms and conditions of repaying the loan can be handle outside of our Bitcoin investment which should be first determined by our general and personal circumstances and in view of time and seasons for a proper evaluation before taking such decision, if all this has been carried and confirmed to be ok then taken a loan to invest Bitcoin shouldn't be a problem for me, because am already aware of the risk and precautions has been taken prior to time.

This is only good if you are buying Bitcoin when the price is on the floor or experienced correction since you can guarantee that the price will recover immediately to gain profit that can cover you loan interest.

It doesn't make sense at all. It will be wrong if take a loan because you are expecting profits in a short time before you can pay the loan debt. What if Bitcoin price never went up for months do you know how much interested you will be owing? The price of Bitcoin is not certain it will go up so if you are taking a loan relying on Bitcoin price to payback you will be in a deep situation if it doesn't. Before you can take loan ensure you are certain of the money to pay back is coming before the repay day so that you won't miss out that day and have much interested and debt to pay. And the repay money must be outside of your Bitcoin investment. Don't forget that most loans come with a very high interest rate, imagine the price of Bitcoin swings in a short price for a long time imagine the interest you will be paying even if you make that profit after some months or years you won't be able to pay off your debt. You may lose both your investment and still be owning the loan. Debt is already a big problem that makes you think when you are in debt imagine adding it with Bitcoin prince fluctuation and your borrowed money you think about is in Bitcoin while keep dipping.

Taking loans to buy bitcoin with the intention of paying back with the yielded profits is a very wrong idea  and the investor will be investing for short term with the aim of making quick profit which is very risky since bitcoin investment is best appreciated when viewed in terms of long term owing to the volatile nature of bitcoin.
 An investor can take loan to buy bitcoin when there are other means to pay or when he has other means of getting money to sort out the loan before the agreed time

The best way to take loan for Bitcoin investment is when you are working and you take a loan and then little percentage of your salary will be taken weekly or monthly till the loan is completed, if it is done this way then there won't be any problem, and for those who wants to take this move please Don't be in a hurry make sure the interest in the loan is okay one that won't affect your finance.

[Barikui1]

This issue of taking loan to invest in Bitcoin has really been discussed several times and to me i found a fair justification and consideration in most of the discussions which implies that if the demands, terms and conditions of repaying the loan can be handle outside of our Bitcoin investment which should be first determined by our general and personal circumstances and in view of time and seasons for a proper evaluation before taking such decision, if all this has been carried and confirmed to be ok then taken a loan to invest Bitcoin shouldn't be a problem for me, because am already aware of the risk and precautions has been taken prior to time.

This is only good if you are buying Bitcoin when the price is on the floor or experienced correction since you can guarantee that the price will recover immediately to gain profit that can cover you loan interest.

It doesn't make sense at all. It will be wrong if take a loan because you are expecting profits in a short time before you can pay the loan debt. What if Bitcoin price never went up for months do you know how much interested you will be owing? The price of Bitcoin is not certain it will go up so if you are taking a loan relying on Bitcoin price to payback you will be in a deep situation if it doesn't. Before you can take loan ensure you are certain of the money to pay back is coming before the repay day so that you won't miss out that day and have much interested and debt to pay. And the repay money must be outside of your Bitcoin investment. Don't forget that most loans come with a very high interest rate, imagine the price of Bitcoin swings in a short price for a long time imagine the interest you will be paying even if you make that profit after some months or years you won't be able to pay off your debt. You may lose both your investment and still be owning the loan. Debt is already a big problem that makes you think when you are in debt imagine adding it with Bitcoin prince fluctuation and your borrowed money you think about is in Bitcoin while keep dipping.

Taking loans to buy bitcoin with the intention of paying back with the yielded profits is a very wrong idea  and the investor will be investing for short term with the aim of making quick profit which is very risky since bitcoin investment is best appreciated when viewed in terms of long term owing to the volatile nature of bitcoin.
 An investor can take loan to buy bitcoin when there are other means to pay or when he has other means of getting money to sort out the loan before the agreed time

The first thing I think that needs to be corrected is that when an investor take a loan to invest in Bitcoin, don't expect him to pay back from the profit made from it, because it would be short sighted and unwise in that regard if he thinks that way, he is expected  pay back from his or her monthly salary, and it would be very beneficial and only possible if the repayment is done installmentally just as futurexxx have already said,  so if it's done in that manner, it's a win win scenerio in my own perspective.

Because I have seen someone in the past that as a civil servant, he took a loan of 10M Nigerian naira to build a house, and the loan repayment was spread out in like five year time or more, so at the end of the month their is a certain amount of money that is being debited from his take home salary, that was how this guy achieved building a five bedroom flat without much stress, so when opportunity like that is available, it's best you act smart and seize that opportunity, not the regular type of loan that will warrant you to pay all back at once.

[Byebyebtc]

The best way to take loan for Bitcoin investment is when you are working and you take a loan and then little percentage of your salary will be taken weekly or monthly till the loan is completed, if it is done this way then there won't be any problem, and for those who wants to take this move please Don't be in a hurry make sure the interest in the loan is okay one that won't affect your finance.

Honestly taking loan for bitcoin investment is not advisable. It makes investing meaningless when they become unable to pay the loan on the agreed date.  It's always a risk though to borrow and invest in Bitcoin due to the price fluctuation. It also depends on where you take the loan and how much interest is giving. Bank loans are extremely high avoid them. Margin loans for stocks are typically around 5-6%, while property investment loans are closer to 3%. There's no reason to overpay when applying for a personal loan.