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Author Topic: Why should i want to get a loan?  (Read 148 times)
aldcann (OP)
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April 05, 2020, 03:27:11 AM
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I recently singned up to this forum and came across to this section and was asking my self the said question
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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April 05, 2020, 04:10:22 AM
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I recently singned up to this forum and came across to this section and was asking my self the said question

I think that's more of a question for mom and dad.  :/

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April 06, 2020, 09:55:51 PM
 #3

Generally for whatever purpose you have that requires it... Weird topic to make though, if you don't know maybe you shouldn't try.

Generally:
trading - you want to invest in two assets at once so take a loan using the first as collateral
Speculating - don't want to sell your crypto but know you're getting funds in soon then you could get those funds and offer crypto as collateral...
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