Loans are cheap good time to use loans for Investment in btc

[cryptoboss2020]

There is no signs that Bitcoin will slow down!

The risk/ratio reward telling that If the loans are cheap with low% its good to invest in risk assets like Gold btc and even property.

Even better If you can do day trading swing or intra day even you make just 1-3% daily.

If you have job and income and money to borrow its cheap now its not bad at all

[1714862885]

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[fiulpro]

Hello
I am a firm believer that you should not use loans to invest in BTC. What is the price went down and you had to pay it tomorrow?? But you cannot sell because at the end of the day the price is going to improve and you know it, so you just wait and keep paying the interest and at the end when you do sell it for real , you already did pay a lot of interest and the profit you made becomes even smaller.
You do need a good strategy, luck and a lot of credits for it. Even though many governmental bodies are offering loans for as low as 0% I do believe that they are going to ask you how you will use it ? When will you return ? Things like these and even if by chance you told them that you are just going to invest it in bitcoins I don't think they will be so happy giving you the loan. If you can get in 0% best of luck, but be careful.
Another thing , some credit cards have 0% loan strategy for the people so more or so people use them to secure loans and invest in bitcoins but at the end it doesn't end very well always. You should also take that into consideration if you are going to do that.
Plus *" Trading"* 1-3% everyday? It's something only super experienced and super successful people are able to do. You can never be sure of trading....

[cryptoboss2020]

Hello
I am a firm believer that you should not use loans to invest in BTC. What is the price went down and you had to pay it tomorrow?? But you cannot sell because at the end of the day the price is going to improve and you know it, so you just wait and keep paying the interest and at the end when you do sell it for real , you already did pay a lot of interest and the profit you made becomes even smaller.
You do need a good strategy, luck and a lot of credits for it. Even though many governmental bodies are offering loans for as low as 0% I do believe that they are going to ask you how you will use it ? When will you return ? Things like these and even if by chance you told them that you are just going to invest it in bitcoins I don't think they will be so happy giving you the loan. If you can get in 0% best of luck, but be careful.
Another thing , some credit cards have 0% loan strategy for the people so more or so people use them to secure loans and invest in bitcoins but at the end it doesn't end very well always. You should also take that into consideration if you are going to do that.

The money is cheap now you borrow money with Low or negative intrset rates thats how rich get richer to buy assets.

The risk and ratio calculation helps here but everybody have to do their own research.

But this is it If not now then never the money is cheap its good time to use money smart way.
You don't need to tell about Bitcoin to anyone to borrow money just borrow the cheap money!

[LeGaulois]

End 2017, there was no sign either that the Bitcoin could go down, the price was growing for many weeks. Remember how it went 1 month later?
No sign...
Don't think we are in a somehow "safe" situation because it will never be the case, whatever with BTC or another altcoin.

Now about to borrow money with a loan to gamble with on the Bitcoin's price, this is something crazy to me. What about if you have a mortgage tied to it, let's say your house for example. Then later since you decided to gamble with a loan, you lose your house, what do you do?. If you have children and a wife, Are you all going to live on the pavement, feeding off the rubbish bins?

Anyway, to take a concrete example of the absurdity of borrowing money to inject it into crypto, try to go to a bank, even if you have been a customer for a decade, and ask your banker for a $50k loan. He will of course ask you the reason, then tell him it's to buy crypto. Then look at your banker's face, and he will tell you that this is not a viable option because of the risks in the market.
he's going to laugh out loud once you're gone.

[bittick]

Definitely bad idea.Making 1-3% a day as you mentioned only sounds good but doesn't mean it's gonna work out. We're now near ATH aswell which means higher risk of price falling.
At this hard time it's just better to not burden ourselves with all these unecessary loans, everything could go wrong without us knowing.

Crypto as many people have said is high risk investment and this "title" is there for reason, only invest what you can afford to lose.

[cryptoboss2020]

End 2017, there was no sign either that the Bitcoin could go down, the price was growing for many weeks. Remember how it went 1 month later?
No sign...
Don't think we are in a somehow "safe" situation because it will never be the case, whatever with BTC or another altcoin.

Now about to borrow money with a loan to gamble with on the Bitcoin's price, this is something crazy to me. What about if you have a mortgage tied to it, let's say your house for example. Then later since you decided to gamble with a loan, you lose your house, what do you do?. If you have children and a wife, Are you all going to live on the pavement, feeding off the rubbish bins?

Anyway, to take a concrete example of the absurdity of borrowing money to inject it into crypto, try to go to a bank, even if you have been a customer for a decade, and ask your banker for a $50k loan. He will of course ask you the reason, then tell him it's to buy crypto. Then look at your banker's face, and he will tell you that this is not a viable option because of the risks in the market.
he's going to laugh out loud once you're gone.

Once Again to know If its right or wrong need to calculate risk/ rewards*

[Beparanf]

End 2017, there was no sign either that the Bitcoin could go down, the price was growing for many weeks. Remember how it went 1 month later?
No sign...
Don't think we are in a somehow "safe" situation because it will never be the case, whatever with BTC or another altcoin.

Now about to borrow money with a loan to gamble with on the Bitcoin's price, this is something crazy to me. What about if you have a mortgage tied to it, let's say your house for example. Then later since you decided to gamble with a loan, you lose your house, what do you do?. If you have children and a wife, Are you all going to live on the pavement, feeding off the rubbish bins?

Anyway, to take a concrete example of the absurdity of borrowing money to inject it into crypto, try to go to a bank, even if you have been a customer for a decade, and ask your banker for a $50k loan. He will of course ask you the reason, then tell him it's to buy crypto. Then look at your banker's face, and he will tell you that this is not a viable option because of the risks in the market.
he's going to laugh out loud once you're gone.

Once Again to know If its right or wrong need to calculate risk/ rewards*

How can you calculate something that can happen suddenly just like the scenario you quoted above. By judging the 2017 price chart, the risk for BTC to plunge down on that low price level was very low considering all the price support at that time. But it breaks easily once the rapid sell off occur. So when we apply the calculation of risk/reward, You will basically fall for that trap and lose everything that you loan.

[cryptoboss2020]

Definitely bad idea.Making 1-3% a day as you mentioned only sounds good but doesn't mean it's gonna work out. We're now near ATH aswell which means higher risk of price falling.
At this hard time it's just better to not burden ourselves with all these unecessary loans, everything could go wrong without us knowing.

Crypto as many people have said is high risk investment and this "title" is there for reason, only invest what you can afford to lose.

I assoome we will have nice 5 years of money printing everybody have learned from the past that When money is cheap the smart people invest and we just had economic reset the restart.



2017 was failure becouse 2009 was the economic reset the new game  smart people know good game last long 5 years even with 3 years you can walk out the game.

Those who failed they jumped in too late or was staying too long.

The 2009 was the new game new money so 2014 it would reach to peak so If you entered in to game in 2009 the smart time to walk out 2014.

Remember know when to start know when to walk out take your profit dont stay too long.

To stay safe walk out with some profit  after 1-2 years.  And cash out last profit  after 4 years now the New game have started make as much profit you can and cash out before its not too late.
Bitcoin works with money so as long as banks giving out cheap money then its best to invest

So this what we should learn from 2017.

[cryptoboss2020]

End 2017, there was no sign either that the Bitcoin could go down, the price was growing for many weeks. Remember how it went 1 month later?
No sign...
Don't think we are in a somehow "safe" situation because it will never be the case, whatever with BTC or another altcoin.

Now about to borrow money with a loan to gamble with on the Bitcoin's price, this is something crazy to me. What about if you have a mortgage tied to it, let's say your house for example. Then later since you decided to gamble with a loan, you lose your house, what do you do?. If you have children and a wife, Are you all going to live on the pavement, feeding off the rubbish bins?

Anyway, to take a concrete example of the absurdity of borrowing money to inject it into crypto, try to go to a bank, even if you have been a customer for a decade, and ask your banker for a $50k loan. He will of course ask you the reason, then tell him it's to buy crypto. Then look at your banker's face, and he will tell you that this is not a viable option because of the risks in the market.
he's going to laugh out loud once you're gone.

Once Again to know If its right or wrong need to calculate risk/ rewards*

How can you calculate something that can happen suddenly just like the scenario you quoted above. By judging the 2017 price chart, the risk for BTC to plunge down on that low price level was very low considering all the price support at that time. But it breaks easily once the rapid sell off occur. So when we apply the calculation of risk/reward, You will basically fall for that trap and lose everything that you loan.

Its all most Impossible that happend like 2017 becouse we just had great reset even worse case scenario bull run will end year 2022.

Its perfect time to enter  remember 2009 smart people knew how it works
The prosperity is not that you smarter then others you need to know the rules of the game enter when new game is starting and exit when its best time

[dothebeats]

Interest rates are at an all-time low, and governments are actually promoting loans right now that they are attractive. I would personally go against doing such, even if the risks are calculated and the prospects are good, not unless you have a safety net in the case of failure to profit. Always have a backup plan when doing crazy things, because even if bitcoin proved its viability as an investment, the risk to fail is always there still.

[South Park]

End 2017, there was no sign either that the Bitcoin could go down, the price was growing for many weeks. Remember how it went 1 month later?
No sign...
Don't think we are in a somehow "safe" situation because it will never be the case, whatever with BTC or another altcoin.

Now about to borrow money with a loan to gamble with on the Bitcoin's price, this is something crazy to me. What about if you have a mortgage tied to it, let's say your house for example. Then later since you decided to gamble with a loan, you lose your house, what do you do?. If you have children and a wife, Are you all going to live on the pavement, feeding off the rubbish bins?

Anyway, to take a concrete example of the absurdity of borrowing money to inject it into crypto, try to go to a bank, even if you have been a customer for a decade, and ask your banker for a $50k loan. He will of course ask you the reason, then tell him it's to buy crypto. Then look at your banker's face, and he will tell you that this is not a viable option because of the risks in the market.
he's going to laugh out loud once you're gone.

Once Again to know If its right or wrong need to calculate risk/ rewards*

True so lets do that, many people think they can make profits from the markets but it is widely know that above 90% of the people lose all their capital during their first year trading, of the rest most break even or get some small profits and only less than 1% obtain significant profits, if you are part of that 1% then your strategy of borrowing money could make sense but for the rest of the 99% of the traders out there this is not a good idea at all.

[AjithBtc]

Going for loans/borrowing money from others for the purpose of investing on bitcoin is always risky. Either you need to be lucky or else the amount invested should be your own money. The market changes will happen in large scale, but within a very short time period. If the fund is borrowed and experience negative fall then it'll be a big tragedy. Always alternate plans need to be kept ready.

[Harlot]

I don't think borrowing money in order to earn money is something a wise man would. Yeah sure people borrow money all the time to create their own businesses and other investments but on Bitcoin's side where you need to borrow money in order to earn in a volatile market I don't think a bank would even approve you a loan. That's why we have seen news that some banks already disallowed credit card purchases of Bitcoin because they label it as a risky way of using your credit. If you want to invest in crypto you should use money you can afford to lose.

[bitbollo]

it's very risk also un-necessary take any loans and the invest in btc. market has strong volatility and a big dump it is always possible.
even with a stable market, without some fixed income, it could be a serious risk to take.
if it was so easy making money in this way everybody was already taking loans....

[crzy]

Debt if fine as long as you use it for your investment and if you are capable of paying that money even without selling your Bitcoin. This is risky of course so make sure also that you are willing to lose money and you know that Bitcoin can’t guarantee you profit. I still prefer to invest using my hard earned money even if its small, at least I don’t have debts to pay for even the interest is very low.

[Fortify]

Considering we are in a recession I'm not sure where you are finding cheap loans. Big businesses are swimming in money, but banks are in no rush to lend at super cheap rates to the average consumer. Millions of people have lost jobs since Covid started and while a lot of jobs have come back lending is still a high risk. If you happened to have a good credit rating and took out loans at the start of the pandemic you might have got lucky, but financial institutions are increasingly restrictive on what they are letting people borrow right now - regardless of what you might read in the news.

[bitmover]

There is no signs that Bitcoin will slow down!

The risk/ratio reward telling that If the loans are cheap with low% its good to invest in risk assets like Gold btc and even property.

Even better If you can do day trading swing or intra day even you make just 1-3% daily.

If you have job and income and money to borrow its cheap now its not bad at all

Lol

Borrow money to buy btc is not an investment.  It is gambling.
It is better to buy 5 usd each week with YOUR MONEY than to borrow 1000 to buy it.

5usd each week can have a bigger impact than you think

[harizen]

If only things "are that easy".

There are always "what if" so up to people if they are willing to take the risks.

It's always good to use our own funds in purchasing Bitcoin rather than take a loan and challenge the volatility of crypto. People, instead of getting good profits might end up being buried with loans during the process.

[carlfebz2]

There is no signs that Bitcoin will slow down!

The risk/ratio reward telling that If the loans are cheap with low% its good to invest in risk assets like Gold btc and even property.

Even better If you can do day trading swing or intra day even you make just 1-3% daily.

If you have job and income and money to borrow its cheap now its not bad at all

Loan? I wont really be risking out knowing that this market is way too volatile and theres no aasurance for you to make money even though movement will be more that 1-3%
daily but doesnt mean that you can able to profit like that even if you would really be making some active trades it wont really be a guarantee.

I'd rather spent up my money on what i earned on my day job rather than on taking a loan yet you wouldnt know if market crashes or wont gain up
then you cant really able to repay those loan.

Its just too risky to consider.

[Broly46]

Loan are not cheap, they’re only cheap to the privileged selected top elite, for peasant like us the loan is very expensive.

[The Sceptical Chymist]

There is no signs that Bitcoin will slow down!

Um.  Hate to tell you, but there usually aren't.  Bitcoin just decelerates faster than that dude who crashed straight into a side wall at 200mph at the racetrack in Indiana. 

I also hate to tell you that buying bitcoin on credit or margin or with leverage is what idiots did back in 2017 when prices looked like they were only going up.  It's a complete newbie move, OP.  And it's how people get burned in a bull market--the trick is to buy LOW, sell high.  Where does bitcoin appear to be right now in that equation, eh?

[cryptoboss2020]

Best advice open business take a loan 100%
Keep 50% cash invest the other 50% If the things go bad file a Bankcruptcy!!
If you could get more people in company more liability
If the Lender will try to sue you for criminal allegation you can show the bitcoin transaction and you can show that you did invested to third party get some good lawyer by your side you are correct legally

Things go good you good  its style how donald Trump kind of business people does it... And you Winner


But anyways there is a lot cheap Central money always good time to invest in risk assets when the money is cheap and all most free to borrow.

Its not that Bitcoin will be good or Gold good its just the money how much money out there no matter how much we like gold or bitcoin if we are Short of money the risk assets prices will fall down so its a economics A B C

[magneto]

There is no signs that Bitcoin will slow down!

The risk/ratio reward telling that If the loans are cheap with low% its good to invest in risk assets like Gold btc and even property.

Even better If you can do day trading swing or intra day even you make just 1-3% daily.

If you have job and income and money to borrow its cheap now its not bad at all

Good luck with your intraday trading. At 3% per day, you'll be getting nearly 50,000x your investment in a year's time. Don't forget to call me when you're rich


Seriously, I have not heard a worse idea - to lever up on your own financial situation in a turbulent time in order to do intraday trading for an extremely volatile instrument.

Yes, loans are cheap right now in most parts of the world. But that does not justify the risks of short term volatility. In fact, I find that most people I know who trade with borrowed money are more likely to exit a position suboptimally and enter into the market due to FOMO.

[Tushar Ramani]

Loan are not cheap, they’re only cheap to the privileged selected top elite, for peasant like us the loan is very expensive.

If a peasant is owning a piece of land, I think s/he can get the best interest at least in my country. The government provides more benefits to farmers than urban residents here.

[Broly46]

Loan are not cheap, they’re only cheap to the privileged selected top elite, for peasant like us the loan is very expensive.

If a peasant is owning a piece of land, I think s/he can get the best interest at least in my country. The government provides more benefits to farmers than urban residents here.

Its next to impossible to own any piece of land for younger generation, unless they would start a war and land seizure by force, tbh all the land own by the recent inhabitants are either seized by force or they’re the native aborigines the descendants of the land ownership, for us, bitcoin is our “land” that can be truly owned, it’s fascinating to know bank would soon provide loan at bargain in exchcnage for bitcoin custodian as collateral.

[seagates]

Why newbies so like idea of loans for investing? Its one of the worst decision that could be in investment

[Pom_bensin]

This is very risky .. because the loan has a fixed interest every year, if bitcoin continues to increase it will definitely be profitable. but we don't know if one day bitcoin has decreased, this will make you default on the loan if this happens.

[sayaya17]

I think someone who gets a loan to invest, especially in crypto, then he will feel chased by the shadow of the debt. So that one becomes out of focus on trading. Because even though the market is supporting and profiting, but one day the market will act otherwise. One becomes always hoping the market will always be good and give an advantage. Because we must have to repay those loans. But we know that the crypto market is not as easy as what one has in mind. It is difficult to prove that it can be rich with the proceeds of loans in investing.

[AniviaBtc]

Crypto as many people have said is high risk investment and this "title" is there for reason, only invest what you can afford to lose.

It is much better to invest on bitcoin when you have money on your own because I don't think that investing a loan is a good thing to do.

High risk means high reward so it is much better to work first and earn money before you invest.

Cryptocurrency is volatile and you need to spend a lot of time and study the market when you want to grow your assets. But if you are really eager to use loan for a bitcoin investment then its your choice, just make sure that you will recover and pay your loans in a proper time and make profits.

[Mauser]

It is much higher risk at this time to take a loan and invest in btc where the prices could move anyways, and if it falls then you end up in huge debt and other is your investment also fall and end up making lose. There is no 100% that it could move above 20k or not so much risky and would not invest taking via loan.

I agree with you. In the past 8 was always to risk averse to invest on borrowed money. Even though interest rates seem fairly low at the moment, I am too afraid of losing money and being unable to repay the debt. Investing loan can be very risky because we could lose the money twice. Once when the asset tanks and a second time when we have to repay the loan.

[Nhor1011]

There is no signs that Bitcoin will slow down!

The risk/ratio reward telling that If the loans are cheap with low% its good to invest in risk assets like Gold btc and even property.

Even better If you can do day trading swing or intra day even you make just 1-3% daily.

If you have job and income and money to borrow its cheap now its not bad at all

It is still not advisable to take out loans and invest in bitcoin and other cryptocurrency. Loans have due dates and interest that you need to pay on time. 

What if you could not pay your due date because the value of digital currency you invested suddenly dropped and you could not withdraw your funds because you would lose money?

Always remember, Bitcoin and other cryptocurrency are so volatile that's why as much as you can, avoid taking loan and use it to invest in crypto.

[Pokapoka124]

Taking a loan to make an investment in btc. So much risk involved first off banks haven't grabbed the idea of crypto because it is decentralized and is not controlled by the government. The crypto market is very volatile and can pump or dump at anytime. Investing in crypto for quick profits is definitely a wrong attitude.

[jaysabi]

There is no signs that Bitcoin will slow down!

The risk/ratio reward telling that If the loans are cheap with low% its good to invest in risk assets like Gold btc and even property.

Even better If you can do day trading swing or intra day even you make just 1-3% daily.

If you have job and income and money to borrow its cheap now its not bad at all

This is a surefire way to get yourself in financial trouble.  There's no such thing as a sure bet, and people thinking there is is what gets them into trouble.  Thinking they've found a sure bet and then taking out a loan to chase their "sure bet" compounds the risk and the potential trouble even faster.  Remember:  having zero dollars isn't what causes bankruptcies for individuals or businesses, having debts they can't pay is the cause.

[cryptoboss2020]

And what can Go wrong?

Its just money If I borrow from bank its created out of nothing so If I loose it then it was just bad business.  Nothing personal just business.

But the rewards will be so great!!
And banks now giving out nice money

[Tushar Ramani]

Its next to impossible to own any piece of land for younger generation, unless they would start a war and land seizure by force, tbh all the land own by the recent inhabitants are either seized by force or they’re the native aborigines the descendants of the land ownership

As long as you have enough money to buy, you can own it - at least this is the case where I live. Earlier, only native farmers and their generations could only buy land but it has been removed now. Yes, you are right about neighboring forces, but it won't be forever. As you will be owning a piece of paper claiming you are the sole owner of the land, none can force you to move. However, the laws vary from one country to another, I believe.

[Argoo]

Although we hope that Bitcoin and other cryptocurrencies will actively grow in price in the coming year, I would not advise taking loans and credits to buy cryptocurrencies.  Loans are usually issued against the security of movable and immovable property, they must be repaid regularly.  However, cryptocurrencies cannot always provide regular predictable profits.  There is also a significant risk of losing your investment.  Even on this forum, some wrote that they had big losses from the invested credit money in the cryptocurrency.

[el kaka22]

I guess some people mistake investment and business. Normally if you have a business and you want to get it bigger you can get a loan, obviously it is still quite risky, you are taking out a loan and if your business is not doing well you are going to screw up big time and crash.

I know someone who had 1 million dollar loan from bank to renovate the business just before the pandemic, he says it was both good and bad, it was good because nobody else was making money neither so they didn't lose customers for down time, he was scared about that at most, but it is obviously bad because the small part that works that he intended to keep the costs low became useless, so he lost more than he assumed but he started to make everything back and then some after it was over.

[Noctis Connor]

There is no signs that Bitcoin will slow down!

The risk/ratio reward telling that If the loans are cheap with low% its good to invest in risk assets like Gold btc and even property.

Even better If you can do day trading swing or intra day even you make just 1-3% daily.

If you have job and income and money to borrow its cheap now its not bad at all

it is not wise move to loan money just to invest it into cryptocurrencies most of people are luck in knowledge on how really cryptocurrencies work not because something good in their eye their going to follow them without any knowledge people should be realistic now and be a good investors not only thinking about on how they can easily gain profit but to think about their future, how if suddenly all crypto go down? and people will be in grave debt for sure. Trading can be a beneficial when you knew what you are doing because we always learn from our mistake.

[cryptoboss2020]

There is no signs that Bitcoin will slow down!

The risk/ratio reward telling that If the loans are cheap with low% its good to invest in risk assets like Gold btc and even property.

Even better If you can do day trading swing or intra day even you make just 1-3% daily.

If you have job and income and money to borrow its cheap now its not bad at all

it is not wise move to loan money just to invest it into cryptocurrencies most of people are luck in knowledge on how really cryptocurrencies work not because something good in their eye their going to follow them without any knowledge people should be realistic now and be a good investors not only thinking about on how they can easily gain profit but to think about their future, how if suddenly all crypto go down? and people will be in grave debt for sure. Trading can be a beneficial when you knew what you are doing because we always learn from our mistake.

Stay poor Please

[ethereumhunter]

You should not risk taking a loan to be used for investing in bitcoin. The bitcoin price will always fluctuate, and you will not know when the price is up and down and how long the price can increase back after it's down. Even if you know or can predict the price moves, it does not mean you can use the money from loans to invest in bitcoin. But I suggest you learn about trading and use the money you can afford to lose, so you do not risk paying the money back.

[sapnu]

It is too risky to loan just to invest it into cryptocurrency. Investing is not like doing business that you can gain your money too fast just by making effort and giving your time. Investing is not that easy to do, since the value of bitcoin is volatile, meaning the price is not that constant, it is changing time by time as there are some transactions happening, every transaction in the world has an effect on the current price. But maybe if you have a portfolio that will guide you to do trading, maybe that will help you to succeed. But still, you need to study and learn constantly because digital money is also innovating and every project are changing as time passes by.

[so98nn]

As everyone stated here, it's risky business to loan something and invest into more riskier market. I mean the logic ends here. What would you do if you don't get interest amount returned on time then you will have to pay that from your pockets first. Moreover, you do have loss into crypto investment, then you will have to worry about the principle amount of loan and it's repayment.

This is the problem here mate, you will need to overcome lot of amount before you can turn it into nice profits. It's better to invest something that's not needed by you. For example, its very ideal to invest portion of your salary, or another income which is not required by you or its extra for you after all your expenses.

[iv4n]

Loans are cheap in my country too... but BTC is breaking records! Loan is just one of the ways for getting some cash (for buying BTC), but is it a good time for buying!?
I can be only honest here, I didn't believe we will see 20k this year! I thought 16-17 was top, but we went to 19k, I thought ok this is the top, and look what's happening now!?    
BTC is over $20.5k! So where are we going from here?! To expect to rise even higher, or we will see some drop!?

[cryptoboss2020]

Loans are cheap in my country too... but BTC is breaking records! Loan is just one of the ways for getting some cash (for buying BTC), but is it a good time for buying!?
I can be only honest here, I didn't believe we will see 20k this year! I thought 16-17 was top, but we went to 19k, I thought ok this is the top, and look what's happening now!?    
BTC is over $20.5k! So where are we going from here?! To expect to rise even higher, or we will see some drop!?

Per my check 30k very soon
The exchangers are Short of btc
Huge demand and a lot Capital.

[iv4n]

Loans are cheap in my country too... but BTC is breaking records! Loan is just one of the ways for getting some cash (for buying BTC), but is it a good time for buying!?
I can be only honest here, I didn't believe we will see 20k this year! I thought 16-17 was top, but we went to 19k, I thought ok this is the top, and look what's happening now!?    
BTC is over $20.5k! So where are we going from here?! To expect to rise even higher, or we will see some drop!?

Per my check 30k very soon
The exchangers are Short of btc
Huge demand and a lot Capital.

In some talk with people who are deep in trading I got a feeling they expect a drop, and not just a drop, they are talking about 12k, there is some resistance/support! They have some arguments, but it's like gambling, they are not sure in anything, they just believe in the best outcome for them!
This is a crazy time, this rise doesn't have some solid reasons, some people calling it natural as it has to come, and there will be no more drops. Others (like me) thinks that this is some top and that we will experience some drop! What will happen nobody knows, arguments here are not working, literally anything can happen!
After all I don't care too much, I chose crypto!  With drop or rise I am in crypto! And time is closing up, people will have to choose in what they believe more!

[cryptoboss2020]

Loans are cheap in my country too... but BTC is breaking records! Loan is just one of the ways for getting some cash (for buying BTC), but is it a good time for buying!?
I can be only honest here, I didn't believe we will see 20k this year! I thought 16-17 was top, but we went to 19k, I thought ok this is the top, and look what's happening now!?    
BTC is over $20.5k! So where are we going from here?! To expect to rise even higher, or we will see some drop!?

Per my check 30k very soon
The exchangers are Short of btc
Huge demand and a lot Capital.

In some talk with people who are deep in trading I got a feeling they expect a drop, and not just a drop, they are talking about 12k, there is some resistance/support! They have some arguments, but it's like gambling, they are not sure in anything, they just believe in the best outcome for them!
This is a crazy time, this rise doesn't have some solid reasons, some people calling it natural as it has to come, and there will be no more drops. Others (like me) thinks that this is some top and that we will experience some drop! What will happen nobody knows, arguments here are not working, literally anything can happen!
After all I don't care too much, I chose crypto!  With drop or rise I am in crypto! And time is closing up, people will have to choose in what they believe more!

yes it could happend but then will go back up again the thing is the buy pressure are too high exchnagers are all ready short of the bitcoins.
and more money going in USDT and keep pumping there is shortage of bitcoins and this is the main issue and belive me 20k disscount price for bitcoin.

but some shaking to shake off the weak hands can heppend yes but in fact we are in bull market.

[acener]

Well it could be a good one since the money wouldn't be all gone even if we experience a correction or the price drops down.
But wouldn't it be better to only invest what we could afford?
I don't hate the idea since it is for something that could give people a brighter future but it could also be a waste for them if they would just lose the money when the market crash.

[Twentyonepaylots]

Hi, here in this forum, we can never emphasize enough how important the peace of mind of being debt-free is. And if you are downplaying that, because you have ways to earn money anyway, then I have bad news for yiu. Investing is much like gambling, only it is more legal, and you're shown the ways and the cards all at once. And you wouldn't file a loan just to gamble right?

Loans are cheap in my country too... but BTC is breaking records! Loan is just one of the ways for getting some cash (for buying BTC), but is it a good time for buying!?
I can be only honest here, I didn't believe we will see 20k this year! I thought 16-17 was top, but we went to 19k, I thought ok this is the top, and look what's happening now!?   
BTC is over $20.5k! So where are we going from here?! To expect to rise even higher, or we will see some drop!?

It is a good time to buy but it is never a good time to file a loan to buy. It is important that you make that clear distinction between the two. Bitcoin might become profitable this year but remember that loan you will bw filing for is gonna taks you a year or two to get paid off. So weigh your decisions out.

[Casdinyard]

Not a good idea. You'd probably end up with huge debt from doing so. Investment has risks and making a loan will require you stability in order to pay for it. Profit is indeed good from investing to this technology but it won't give you certainty for sure. The market price of Bitcoin is volatile which should be enough to tell that this won't be a good idea because it would result to a gamble. If the market price will continue to increase, then that would be good. But things don't occur in this industry in such way. There is always a tendency for its market price to fall which could result into profit loss, obviously not a good thing if you will rely on the profit from such investment to cover up your loan. In my point of view, money to invest is also money you can afford losing. This mentality will save you from regrets and frustrations.

[thesmallgod]

I don't understand what you mean by loan being cheap probably because of the low interest and lengthy period given to pay back loan but no matter how good it is, I will never encourage anyone to take loan in investment in bitcoin because it is totally wrong. You can't afford to put in something you can lose within few hours. Probably you were not here in the past when the crypto blood birth started. When people lose money, it causes a lot of depression and even death. Most investment firm that give loan sometime require collateral before you are given irrespective if the interest is low. If you can't pay back, you might lose your asset and also put your guarantor in danger of also having to payback the loan they didn't take

[tabas]

Do you think that will work for you if you do day trade? there's a bigger chance that you might even be liquidated.  I would do take loans to have a property and have it rented to pay itself.
But won't loan for bitcoin. I'll choose to do it freely without having any obligations.

[MCobian]

I did the idea in 2017, by borrowing $ 1,400 from the bank. Then I use the money to buy Bitcoin, then what happened unexpectedly.
It turned out that the price of Bitcoin was dumped in 2018, so I was forced to cut losses. Which in the end I suffered a sizable loss,
because I used borrowed money to invest in Bitcoin. So from my experience it is very clear that using borrowed money to invest
in Bitcoin is a bad idea.

[cryptoboss2020]

I did the idea in 2017, by borrowing $ 1,400 from the bank. Then I use the money to buy Bitcoin, then what happened unexpectedly.
It turned out that the price of Bitcoin was dumped in 2018, so I was forced to cut losses. Which in the end I suffered a sizable loss,
because I used borrowed money to invest in Bitcoin. So from my experience it is very clear that using borrowed money to invest
in Bitcoin is a bad idea.

Its not Bad idea if you dont put all the money in bitcoin  you borrow the money in case there is big market drop.


So you borrow the 10k
After each dip you buy with 2500$
Its called scaling.   
But we had Economic opening usually times like this 3 months of bull run, well there rules how it all works nothing random so you smart take advanced of it

[smyslov]

There is no signs that Bitcoin will slow down!

The risk/ratio reward telling that If the loans are cheap with low% its good to invest in risk assets like Gold btc and even property.

Even better If you can do day trading swing or intra day even you make just 1-3% daily.

If you have job and income and money to borrow its cheap now its not bad at all

There is no sign for now but you can't be sure that the market will always go up, the market is still volatile, there is still no guaranty that it will not go down, the saying that only invest what you can afford to lose still applies to the Cryptocurrency market, it's risky but it might become profitable if you know how to play the game.

[tvplus006]

There is no signs that Bitcoin will slow down!

The risk/ratio reward telling that If the loans are cheap with low% its good to invest in risk assets like Gold btc and even property...

Even if it now seems improbable that the price of bitcoin can be adjusted for several years, this option is still worth considering. Therefore, in any case, taking credit money to buy BTC will be very risky. The correct option would be to sell something unnecessary in order to invest the money in BTC.

[dunfida]

There is no signs that Bitcoin will slow down!

The risk/ratio reward telling that If the loans are cheap with low% its good to invest in risk assets like Gold btc and even property.

Even better If you can do day trading swing or intra day even you make just 1-3% daily.

If you have job and income and money to borrow its cheap now its not bad at all

There is no sign for now but you can't be sure that the market will always go up, the market is still volatile, there is still no guaranty that it will not go down, the saying that only invest what you can afford to lose still applies to the Cryptocurrency market, it's risky but it might become profitable if you know how to play the game.

It all matters on how you do accept the game if you dont know or not really that accepting the risk involved then this isnt really for you.
When it comes to taking loans then you should be obliged on to pay when the due date comes neither you had profited into your investment or not and
that what matter most on where you should be responsible on repaying to those money you had borrowed.In general sense, investing with loaned money
is really risky because you wouldnt know if you do gain up but sticking with bitcoin? This can give out somewhat some assurance specially in longer runs.

[harapan]

although getting a loan with a very low% still it is very risky if you have to invest in bitcoin because big changes can happen quickly, it's better to use free funds

[AicecreaME]

I don't think it’s a good idea to loan money just to invest in bitcoin. As you can see, bitcoin’s price is volatile. Its value might be booming right now, but eventually it’ll go back to its usual price. If ever you’ll buy now, you can’t sell it right away just to pay for your loan since it’s not guaranteed to increase that easily. In addition, if ever you’ll sell it that fast, you’ll just generate a very small profit in return. And you don’t want that. You will surely aim for more resulting to higher loan interest in the long run.

It’s not really that practical in my opinion. Better invest your own money intended really for investing than borrowing just to invest because there’s no 100% assurance that your money will double its price overnight. You’ll just lose money paying the interest as time goes by while waiting for bitcoin’s price to hit the desirable value.

[taufik123]

I did the idea in 2017, by borrowing $ 1,400 from the bank. Then I use the money to buy Bitcoin, then what happened unexpectedly.
It turned out that the price of Bitcoin was dumped in 2018, so I was forced to cut losses. Which in the end I suffered a sizable loss,
because I used borrowed money to invest in Bitcoin. So from my experience it is very clear that using borrowed money to invest
in Bitcoin is a bad idea.

Your experience is a real example of how you make a loan to invest in bitcoin and suddenly bitcoin has a very deep price drop. You still have to return the money, including the interest charged by the bank. It's a very risky choice.

It is better not to use borrowed money to invest if you are not ready to return it and do not fully understand a good and correct investment strategy.

Use the money you have now, the money you save because it's better. You can invest any amount you want.

[n0ne]

The market is bullish, by this time borrowing and making an investment isn't the right choice. When we are sure of further growth we can take risk and invest, but if the market goes down same as that happened with the previous bull market then the user will be in heavy loss. To reap the profit user needs to take risk investing on the right asset and at the right time period.

[jaysabi]

And what can Go wrong?

Its just money If I borrow from bank its created out of nothing so If I loose it then it was just bad business.  Nothing personal just business.

But the rewards will be so great!!
And banks now giving out nice money

Lol, what goes wrong for the economy as a whole is not much. What goes wrong for you personally for defaulting on a loan is much more severe. Bankruptcy, seizing of your other assets to pay the loan, etc. The rewards of borrowing money may be great (not will be great) but the damages for reckless behavior may also be great.

[Reid]

The volatility will be the risk factor.
What if you cannot pay the loan in time because of waiting for the value of BTC to grow again?
Being caught in a bad wave could punish you a lot. Stressing you on how you will pay and then you will loan more just to patch things up.
You don't want to be in that kind of situation.
I'd rather make my own money working with blood and sweat rather than having a debt with loan sharks.

[Findingnemo]

Every billionaire have used the debt.
Donald Trump including.

But they have the capability to survive even if they defaulted their loan but it is not the case with the loans we are taking. We are giving some kind of collateral while taking loans so if we default it then banks will auction our property and take their money but at the end we will be on the streets.

[jacafbiz]

It will be stupid to think Bitcoin price will keep pumping, all these institutional investors are not daft to buy all their BTC at high prices. I will not advice anyone to borrow money and invest into Crypto at this time, always look to buy when there is blood on the street to reduce your risk, incase things go south.

[pixie85]

Loan are not cheap, they’re only cheap to the privileged selected top elite, for peasant like us the loan is very expensive.

Exactly. To take a loan you usually need a collateral or a stable job that will serve a similar purpose.

I also would not use a loan to invest because it creates additional pressure. You know that you're not investing your own money so you're probably going to exit fast or feel like you have to sell at every small loss to protect the money. People who trade like that usually have a lot of small gains and losses and can't really make a lot of money.

[taufik123]

But they have the capability to survive even if they defaulted their loan but it is not the case with the loans we are taking. We are giving some kind of collateral while taking loans so if we default it then banks will auction our property and take their money but at the end we will be on the streets.

it is a risk that will occur when we cannot pay the loan. Securities such as land certificates and vehicle certificates will be held by the bank. The bank will also provide a maturity date when it must be repaid.
So don't make a loan just for an investment that you don't understand or just want to try it. It is better to use it for other things such as for business capital and the like, where it is clear how much you earn.

[coolcoinz]

If you think loans are cheap you should get one. For me they are not, but it's a matter of perspective I guess. The only purpose of loans in my case is taking one to later pay it with bitcoin profits, so that I can explain to the tax office how I could afford that new house. It was all from a loan, really, no drugs or money laundering here.
Jokes aside, trading with loaned money is never recommended, just like going 20x on leverage.

[WalkerIVIV]

It will be stupid to think Bitcoin price will keep pumping, all these institutional investors are not daft to buy all their BTC at high prices. I will not advice anyone to borrow money and invest into Crypto at this time, always look to buy when there is blood on the street to reduce your risk, incase things go south.

The institutional investors have been buying bitcoin before the pump was happening. They are not stupid enough to spend all of their money for bitcoin at the peak price.
micro strategy has been making 100% return from its porfolio (55k bitcoin)
The little shrimp should not use their loan to buy bitcoin right now. The problem is if there's no signal about the bearish trend to come.

[AndySt]

It will be stupid to think Bitcoin price will keep pumping, all these institutional investors are not daft to buy all their BTC at high prices. I will not advice anyone to borrow money and invest into Crypto at this time, always look to buy when there is blood on the street to reduce your risk, incase things go south.

The institutional investors have been buying bitcoin before the pump was happening. They are not stupid enough to spend all of their money for bitcoin at the peak price.
micro strategy has been making 100% return from its porfolio (55k bitcoin)
The little shrimp should not use their loan to buy bitcoin right now. The problem is if there's no signal about the bearish trend to come.

Unfortunately, the cryptocurrency market is quite young and irrational, and it is possible to reliably judge signals about bullish or bearish trends only later, when the market has already made its move Market experts as always say mutually exclusive things, that bitcoin still has reserves where to grow and vice versa, that the exchange rate price is at the maximum and a correction should follow. Therefore, I also do not understand investors who take loans to buy bitcoin, especially in the current conditions of a significant increase in the exchange price of bitcoin.

[Cling18]

This isn't a wise idea because the crypto investment is risky and we don't know the possible changes that might happen due to its volatility so where will you get the assurance that you could pay your loan in time? There's no guarantee that Bitcoin would always pump so you better use your own money than to have debts that you couldn't pay especially when the prices turn red.

[icy3]

i think if you have a steady income, it is not wrong to take a small loan _depending on your income_ which won't affect your life.
like instead of investing 200$ per week for 3 years, take a 100$ off of it, * 4 * 12 * 3 = 14400$ loan as it is cheap, and stack the sats BTC as long as they are affordable.
But if you were a Rebel and a Believer in the power of Bitcoin BTC and its' Technology, then you can check The Bitcoin Family.

[LogitechMouse]

There is no signs that Bitcoin will slow down!

The risk/ratio reward telling that If the loans are cheap with low% its good to invest in risk assets like Gold btc and even property.

Even better If you can do day trading swing or intra day even you make just 1-3% daily.

If you have job and income and money to borrow its cheap now its not bad at all

As long as you can pay the loans that you loaned in the bank without problems then you are good to go .

Loaning in banks to invest in crypto right now is possible but not advisable to do especially for those investors who are just newbies. If you can take the volatility of it then you are good. If you are ready to cut loss in case the worst thing happen then still good. Loaning isn't a good idea since it is very risky but with the low interest rates of banks, now is the best possible time to loan.

If somebody will do this, make sure that you are ready with the worst case scenario that might happen to your investment and good luck in doing it .

[bearexin]

I don’t think I’m ever going to try that, and I am not going to do it because it’s very risky. I don’t know for you, it’s your choice if you want to try, maybe based on your past trades you strongly believe that you’re going to make steady profit daily to be able to pay for the loans you’re going to take, if not that, then you’re wasting your time, because you’re going to be losing money in the trade and that means you will not be able to pay for your loan, so you have got to be very careful.

I prefer to trade Bitcoin and invest in it with money that hundred percent belongs to me, which I know I wouldn’t be bothered if things happens to go wrong.

[Shasha80]

I wouldn't say investing in Bitcoin using borrowed money is a bad idea. Because many rich people borrow money from banks
to develop their businesses. But the problem is not recommended for people who are middle class and lower class investing
in Bitcoin with borrowed money. What is if the price of Bitcoin suddenly dumps will add to the problem, but for the rich it is not
a problem, because it can cover these losses from income from other places.

[Argoo]

It will be stupid to think Bitcoin price will keep pumping, all these institutional investors are not daft to buy all their BTC at high prices. I will not advice anyone to borrow money and invest into Crypto at this time, always look to buy when there is blood on the street to reduce your risk, incase things go south.

The price of bitcoin is now over $ 23,000.  We have never seen such a high price.  Despite the fact that we hope that next year it will continue to grow, everything can happen contrary to our expectations.  Therefore, taking out a loan now to invest in bitcoin is not a very smart decision.  The risk is very high.  In general, I do not like to deal with loans and take out a debt.  This requires almost complete confidence in making a profit, and in this case, there is no such confidence.

[aoluain]

I have borrowed to buy Bitcoin!
I didnt borrow millions, I borrowed what I can manage to pay back on a monthly basis.

Look at microstrategy, they have done something similar because Michael Saylor sees what the future holds for Bitcoin and FIAT based assets.

Again realistically we need to look to at least 12 months away and further.

The market will be bullish next year to low to middle income earners will find it even more difficult to  increase their bitcoin amount as their salary stays the same, why wouldnt anyone borrow to buy now?

We borrow for any number of other reasons which when really examined dont make 100% sound financial sense, Cars, which ultimately loose value, Holidays, which become just memories.

The risk to all regardless of the amount borrowed is the same but Microstrategy dont see much of a risk...

https://www.investopedia.com/microstrategy-which-purchased-bitcoin-last-quarter-is-raising-money-to-buy-more-5091589

[Findingnemo]

But they have the capability to survive even if they defaulted their loan but it is not the case with the loans we are taking. We are giving some kind of collateral while taking loans so if we default it then banks will auction our property and take their money but at the end we will be on the streets.

it is a risk that will occur when we cannot pay the loan. Securities such as land certificates and vehicle certificates will be held by the bank. The bank will also provide a maturity date when it must be repaid.
So don't make a loan just for an investment that you don't understand or just want to try it. It is better to use it for other things such as for business capital and the like, where it is clear how much you earn.

Save money and start investing that is the basic rule for successful investor but there are lot of people who take loan amd get succeed as well because they actually know how to make money and also tackling the risk factors involved. Every investment is risky though but not every investment holds same amount of risk so choose things wisely before taking a decision.

[bryant.coleman]

Save money and start investing that is the basic rule for successful investor but there are lot of people who take loan amd get succeed as well because they actually know how to make money and also tackling the risk factors involved. Every investment is risky though but nit every investment holds same amount of risk so choose things wisely before taking a decision.

Taking out a loan to make investment doesn't sound like a clever idea for me. First of all, you will never get a loan which is interest-free. You will be forced to pay interest, at a rate higher than what you get from bank deposits. So even before starting your investment, you are down by a few points. On top of this, there is no guarantee that your investment will return good profits. So now the risk has doubled.

[Findingnemo]

Save money and start investing that is the basic rule for successful investor but there are lot of people who take loan amd get succeed as well because they actually know how to make money and also tackling the risk factors involved. Every investment is risky though but nit every investment holds same amount of risk so choose things wisely before taking a decision.

Taking out a loan to make investment doesn't sound like a clever idea for me. First of all, you will never get a loan which is interest-free. You will be forced to pay interest, at a rate higher than what you get from bank deposits. So even before starting your investment, you are down by a few points. On top of this, there is no guarantee that your investment will return good profits. So now the risk has doubled.

Yeah, that is why you shouldn't take loan to invest on highly volatile assets like cryptocurrency even for stocks. Taking loan for a business idea is better which also need to be done only when you are running a successful business but still want to expand it for that you need more capital.

[Samayuki]

Even if Bitcoin shows no sign of dropping in value anymore it's still under a probability, things can take a different turn unexpectedly, taking loan to invest in Bitcoin is x10 more risky than investing your own very hard earned money on bitcoin, before taking such step sit down and think about it very well, it's not worth it

[jaberwock]

I would say that loans are always a good way to grow your business and money, people react like loans are a bad thing but without loans the world wouldn't spin, believe me everyone has huge debts and huge loans, that is how you grow bigger.

I know a family member back in the day who had huge factories that he rented out, he wasn't using them anymore since he was 90+ years old and haven't worked in almost 20 years, but until he was 70 years old he built that two huge factories from zero, he was just a regular worker, got some loan, build a small shed type of manufacturing place first, while paying that first one business got bigger so he took a bigger loan, paid the first one with it, and with left overs got a big garage like place instead, got bigger and basically did this over and over again.

He said by the time he was 70 years old he was in debt more than ever in his life but he was owner of two huge factories instead of working for someone else or having just a small place. Get a loan, don't be afraid, worst case you will have to work to pay it off, best case you will never have to work again.

[bryant.coleman]

Yeah, that is why you shouldn't take loan to invest on highly volatile assets like cryptocurrency even for stocks. Taking loan for a business idea is better which also need to be done only when you are running a successful business but still want to expand it for that you need more capital.

The problem is that when Bitcoin prices are going up, most of the investors think that it will be the case forever. They don't even want to consider the possibility of a price crash occurring at some point in the near future. And looking at the history of Bitcoin, it has undergone major crashes multiple times in the past, starting with the one in 2014 February, when Mt Gox went down.

[marlo1001]

Loans are cheap only in several countries. Guys, do not get loans for 10%+ to invest it in crypto

[shoreno]

there is a sign that btc can slow or go down , if you could only see closely that btc is getting to be volatile again but not as big as before but that can still be a sign that it can go down . small declines can go a long way if it will continue .

why would loan get cheaper now , ah now i know maybe because of the pandemic and loaning companies are trying to help but if they did their part of helping you why would you not do the same , you should help your self too to get up and not by put your self down more evenly by investing on risky items  .

[Sapphire915]

We shouldn't be so complacent that Bitcoins will never go down because it is being created volatile by nature. And investing to Bitcoins through loans or borrowed money is definitely the worst idea for me, because we cannot predict the future movements of Bitcoins in the market. No matter how low the interest rates in money lending services are, still its not a wise idea. If we are going to invest with Bitcoins, it is better to buy with our own money for whatever the result of our investments will be,  the pain of losing our own money is the only problem we will bear afterwards and not the monthly payments from loans.

[jostorres]

I don’t take loans, but even if I am to take a loan it wouldn’t be to invest the money in Bitcoin and then lose it when the price plummets. I wouldn’t do that, but if anyone insists that they are going to do it, my advice is that they don’t go ahead to invest all the loans, it would be better if they just invest a little part of the loan in the cryptocurrency market and then there are so many other better investments they can do to raise money to pay back their loan, especially a steady stream of income.

Bitcoin is actually based on luck, you can’t do much predict, you’re not even 100% sure of the support and the resistance, it can go anywhere anytime.

[meldrio1]

No sign of bitcoin go down? what if bitcoin will dump suddenly?, taking loans just to invest in bitcoin is so risky. It is difficult to predict what will be the next move of bitcoin. If you taking loan low % and you have a job I guess it's ok as long you can recover it with your salary in case bitcoin will suddenly go down. For me it's better to invest with your salary than taking loan, at least 30% of your salary investing in bitcoin.

[cryptoboss2020]

A current investment looks good, but what happens when the debt matures and thanks to the market, you still can't afford it?
I trust you and I no one wants to be homeless, so invest a little, don't put all your eggs in one basket.

Sorry Sorry I can not answre for those questions anymore!! 
I its like Zero capability to use current Information and connect the dots.

Monkey Will learn slower the human... we humans should learn fast...
I hate to explain over and over again....
All im saying use the Information and learn to analyse nothing happens just random everythung have reason behind.....
When you see guys like warren buffets...  Its not like they are smart all they need to know are just the few principals... and you use all those.

[slapper]

Hello
I am a firm believer that you should not use loans to invest in BTC. What is the price went down and you had to pay it tomorrow?? But you cannot sell because at the end of the day the price is going to improve and you know it, so you just wait and keep paying the interest and at the end when you do sell it for real , you already did pay a lot of interest and the profit you made becomes even smaller.
You do need a good strategy, luck and a lot of credits for it. Even though many governmental bodies are offering loans for as low as 0% I do believe that they are going to ask you how you will use it ? When will you return ? Things like these and even if by chance you told them that you are just going to invest it in bitcoins I don't think they will be so happy giving you the loan. If you can get in 0% best of luck, but be careful.
Another thing , some credit cards have 0% loan strategy for the people so more or so people use them to secure loans and invest in bitcoins but at the end it doesn't end very well always. You should also take that into consideration if you are going to do that.
Plus *" Trading"* 1-3% everyday? It's something only super experienced and super successful people are able to do. You can never be sure of trading....

Well, as you say, many banks offer loans as low as 0% per year. In my country, it is around 15% per year. This is not a big amount of money comparing to what we can probably earn with bitcoin. Therefore, borrowing money from banks is not a bad idea since you can easily double that money in a year or less. However, the hard task is how to convince the bank to give you the money. Credit and trust are essential factors that banks consider whether you are worthy or not

Most people can not pass this process or they are only allowed to have a small loan. There is another solution: Margin trading. This is the best type since you don't need to ask anyone for the money. But remember to learn before using it. You need to be responsible for your own balance. A mistake can lead to an empty wallet. Be careful

[YOSHIE]

If you have job and income and money to borrow its cheap now its not bad at all

Your advice is not currently being considered, when Bitcoin has advanced 70 kilos / hour, the risk of catching a train that has departed is large.

Your advice is good, but done when the price of Bitcoin stops at the level of $ 5000 mid-2019, maybe if you take a loan of $ 20,000 in a 1-2 year period, now you will have enough wealth to achieve your dreams.

Maybe for now no one has dared to take action for your advice, the risk is quite large in front of your eyes, not sure Bitcoin for the future, the direction of the pace can run faster or reverse backward faster.

[Princejebs]

You are one of a funny guy, simply because bitcoin isn't slowing down, you want to take a loan that will be on your neck to invest in bitcoin?
Now let me advise and I hope take this serious, currently is been pushed by institutional investors, no one is certain if bitcoin will he repeating 2017 pattern but It isn't recommended to buy bitcoin at a the top. Whu don't you think of such decision when Bitcoin collapsed from 10k to 3.5k in just a month.
Don't try what you will heavily regret, invest in what you can afford to lose mate.

[Yatsan]

Are you pretty much sure and confident to take loans just to be able to purchase Bitcoin? I think you certainly know the risk associated on doing investment in crypto that you must just use your own money that you have in your pocket instead if taking loans or borrowing money from someone which you certainly do not know if when you are going to get it fully paid back for such assurance in investment will not be that constant specially we are talking about crypto investment. Instead of taking loans, just invest what you just have and what you can just afford to loose you will not brag extra baggage thinking how you can pay the loan you have made if ever your investment does not look good on the outcome. It is not because Bitcoin is soaring high continuously is you will be just confident to take loans. Better to be safe and aware that it is very risky dealing with that.

[Sithara007]

Are you pretty much sure and confident to take loans just to be able to purchase Bitcoin? I think you certainly know the risk associated on doing investment in crypto that you must just use your own money that you have in your pocket instead if taking loans or borrowing money from someone which you certainly do not know if when you are going to get it fully paid back for such assurance in investment will not be that constant specially we are talking about crypto investment. Instead of taking loans, just invest what you just have and what you can just afford to loose you will not brag extra baggage thinking how you can pay the loan you have made if ever your investment does not look good on the outcome. It is not because Bitcoin is soaring high continuously is you will be just confident to take loans. Better to be safe and aware that it is very risky dealing with that.

Back in 2017 also, I saw similar threads here in Bitcointalk. A lot of people were talking about taking out loans, so that they could make investments in cryptocurrency. And we know what happened after that. In around 12 months time, the Bitcoin prices crashed by around 85% (from $20,000 to $3,000). The altcoins behaved even worse, with Ethereum losing close to 95% of its value during the same time. But unfortunately, some people never learn from history.

[Rengga Jati]

If you have job and income and money to borrow its cheap now its not bad at all

One that I will never do is:
Buying or investing BTC with loan money.

I am a risk-taker, but not a risk-taker without consideration. In many cases, loans will require so many requirements, and also the Bitcoin market is still very volatile. So, we cannot decide that BTC will always rais again. Many people were sick of loans for Bitcoin in 2017 and many were stressed because of this. So, just don't be part of them.

[Vishnu.Reang]

Loans are only good for a low risk business and a sure profit but in bitcoin investment, the volatility is too high that makes it a very high risk investment. Ssio it will tube more safe if we start investing with an amount we can afford to lose even if it means low capital, low profits. Taking loans can only worsen the situation once things happen when you least expect it.

Irrespective of whether the investment is low-risk or high-risk, I would never recommend making an investment after taking out loans. If you make a low-risk investment, then the profits would be lower than the interest rate that you need to pay on the loan. On the other hand, in case you take a high-risk option, then there is always a possibility of incurring losses.

[Findingnemo]

Yeah, that is why you shouldn't take loan to invest on highly volatile assets like cryptocurrency even for stocks. Taking loan for a business idea is better which also need to be done only when you are running a successful business but still want to expand it for that you need more capital.

The problem is that when Bitcoin prices are going up, most of the investors think that it will be the case forever. They don't even want to consider the possibility of a price crash occurring at some point in the near future. And looking at the history of Bitcoin, it has undergone major crashes multiple times in the past, starting with the one in 2014 February, when Mt Gox went down.

Most of the Investors People, because an investor would analysis all the possible outcomes before investing on something so people who are taking loans are not having enough experience with failure and success in the investment field even if they are rich now so they just take loans and investment but luck will not be with us all the time.

[cryptoboss2020]

It goes up If biggest Players want.
We dont know their plans.
One thing what we know when money is cheap the risk assets prices going higher.

[atjiat]

I believe that no loans for investment in cryptocurrency can be taken, since it is impossible to predict the further development of events in the cryptocurrency market. If we take into account the indicators of 2020, When it would be possible to take out a loan and invest in Bitcoin at low prices at the beginning of the year, and sell today for $ 23,000, then for a whole year, credit interest is practically destroyed all income.

[Kupid002]

I believe that no loans for investment in cryptocurrency can be taken, since it is impossible to predict the further development of events in the cryptocurrency market. If we take into account the indicators of 2020, When it would be possible to take out a loan and invest in Bitcoin at low prices at the beginning of the year, and sell today for $ 23,000, then for a whole year, credit interest is practically destroyed all income.

Bitcoin price in early 2020 was around $7k - $8k and with the current price even exceeding $20k, I don't think the interest on the loan will be that big which will destroy profits. Making a loan is risky, but if it's like this I'm sure those who buy early in the year with a loan will still have high profits, they still have monthly income and I think that's enough to cover the loan interest. So yes, it is an investment that is full of risk but has a chance of getting a return that might come as a surprise.

You only mention the scenario of Bitcoin for early this year and for this current month which is different for the next year since the price right now is his ATH which possibly corrected anytime soon.  And no one can see what will be the price of Bitcoin next year if for example you plan to make a loan and we still at ATH and after that the price decline then you will lost your investment at the same time you need to pay for the loans with interest. That's why it's not wise decision to make a loan if you will only use that for investment not unless it's for your own business.

[tyz]

I believe that no loans for investment in cryptocurrency can be taken, since it is impossible to predict the further development of events in the cryptocurrency market. If we take into account the indicators of 2020, When it would be possible to take out a loan and invest in Bitcoin at low prices at the beginning of the year, and sell today for $ 23,000, then for a whole year, credit interest is practically destroyed all income.

Bitcoin price in early 2020 was around $7k - $8k and with the current price even exceeding $20k, I don't think the interest on the loan will be that big which will destroy profits. Making a loan is risky, but if it's like this I'm sure those who buy early in the year with a loan will still have high profits, they still have monthly income and I think that's enough to cover the loan interest. So yes, it is an investment that is full of risk but has a chance of getting a return that might come as a surprise.

In March Bitcoin dropped to around 3,4k. At this point it made sense to take out loans to invest in Bitcoin if you wanted to take the risk. But at this point it's just plain stupid. There will certainly be many again who will do it anyway, like back in 2017, simply because they think they will miss the train. In the end it leads to people committing suicide because they speculated, should Bitcoin price correct strongly. So I would advise everyone against it.

[tabas]

It goes up If biggest Players want.
We dont know their plans.
One thing what we know when money is cheap the risk assets prices going higher.

Real estate doesn't have risk but it's an asset that still at high even with this pandemic. You're idea of getting loans even with cheap interest rates for buying btc will make someone assure that this investment will make him rich and profit because there's no volatility.
It happened in the past and just don't commit the mistake of others that took loans for btc. It's not that really good at all. If you want to invest in btc, don't ask for a loan, just use whatever you have but don't take a loan. A very high risk and high reward strategy, others can't attain to do it because it is not suggested.

[Distinctin]

I believe that no loans for investment in cryptocurrency can be taken, since it is impossible to predict the further development of events in the cryptocurrency market. If we take into account the indicators of 2020, When it would be possible to take out a loan and invest in Bitcoin at low prices at the beginning of the year, and sell today for $ 23,000, then for a whole year, credit interest is practically destroyed all income.

Bitcoin price in early 2020 was around $7k - $8k and with the current price even exceeding $20k, I don't think the interest on the loan will be that big which will destroy profits. Making a loan is risky, but if it's like this I'm sure those who buy early in the year with a loan will still have high profits, they still have monthly income and I think that's enough to cover the loan interest. So yes, it is an investment that is full of risk but has a chance of getting a return that might come as a surprise.

In March Bitcoin dropped to around 3,4k. At this point it made sense to take out loans to invest in Bitcoin if you wanted to take the risk. But at this point it's just plain stupid. There will certainly be many again who will do it anyway, like back in 2017, simply because they think they will miss the train. In the end it leads to people committing suicide because they speculated, should Bitcoin price correct strongly. So I would advise everyone against it.

Using loans for bitcoin investment is always not recommended even if the market is in bearish season. It may be profitable in the eyes of the investors but does not guarantee ensured profits enough to pay the monthly interest of such loans. And what about if the market goes on bearish the whole year? So it's never a good start to take loans for bitcoin investment because if its price fluctuations that is inevitable.

[cryptoboss2020]

I believe that no loans for investment in cryptocurrency can be taken, since it is impossible to predict the further development of events in the cryptocurrency market. If we take into account the indicators of 2020, When it would be possible to take out a loan and invest in Bitcoin at low prices at the beginning of the year, and sell today for $ 23,000, then for a whole year, credit interest is practically destroyed all income.

Bitcoin price in early 2020 was around $7k - $8k and with the current price even exceeding $20k, I don't think the interest on the loan will be that big which will destroy profits. Making a loan is risky, but if it's like this I'm sure those who buy early in the year with a loan will still have high profits, they still have monthly income and I think that's enough to cover the loan interest. So yes, it is an investment that is full of risk but has a chance of getting a return that might come as a surprise.

In March Bitcoin dropped to around 3,4k. At this point it made sense to take out loans to invest in Bitcoin if you wanted to take the risk. But at this point it's just plain stupid. There will certainly be many again who will do it anyway, like back in 2017, simply because they think they will miss the train. In the end it leads to people committing suicide because they speculated, should Bitcoin price correct strongly. So I would advise everyone against it.

Using loans for bitcoin investment is always not recommended even if the market is in bearish season. It may be profitable in the eyes of the investors but does not guarantee ensured profits enough to pay the monthly interest of such loans. And what about if the market goes on bearish the whole year? So it's never a good start to take loans for bitcoin investment because if its price fluctuations that is inevitable.

Price fluctuaction not so important If you know the market are bullish.
Also you just borrow money you never put in full.

You scaling Up

[AndySt]

Using loans for bitcoin investment is always not recommended even if the market is in bearish season. It may be profitable in the eyes of the investors but does not guarantee ensured profits enough to pay the monthly interest of such loans. And what about if the market goes on bearish the whole year? So it's never a good start to take loans for bitcoin investment because if its price fluctuations that is inevitable.

The most dangerous thing in this situation is that no one will give an absolutely accurate forecast about the timing of the end of the bear season, and in the case of bitcoin, the previous history teaches in the complete unpredictability of market behavior. Another classic of the genre is the entry of inexperienced investors into the asset at high price levels and strong disappointment after the imminent correction. Unfortunately, bitcoin is hardly an asset with a predictable pricing scenario, and it is irresponsible and dangerous to take out loans yourself or give advice on using borrowed funds in this market.

[tyz]

Using loans for bitcoin investment is always not recommended even if the market is in bearish season. It may be profitable in the eyes of the investors but does not guarantee ensured profits enough to pay the monthly interest of such loans. And what about if the market goes on bearish the whole year? So it's never a good start to take loans for bitcoin investment because if its price fluctuations that is inevitable.

Yes and no. If you can't afford to lose money, then it is not recommend taking loans for investments of course. But if you have money, but this is currently tied up in another safe investment (e.g. fixed deposit contract), then it can make sense to invest in an asset that has lost a lot of value (through exaggeration) and has a future.

[BITCOIN4X]

Yes and no. If you can't afford to lose money, then it is not recommend taking loans for investments of course. But if you have money, but this is currently tied up in another safe investment (e.g. fixed deposit contract), then it can make sense to invest in an asset that has lost a lot of value (through exaggeration) and has a future.

It doesn't make sense for me to loan some money for the purpose of investing in bitcoin. I have never had any doubts that bitcoin is the right and profitable investment choice so far. But I have never dared to use loan money to invest in it because the risks involved are greater than we can imagine.

I don't think people need to be too greedy to expect to profit from the volatility of the bitcoin price, using the personal money you can afford to lose, I think you can still earn. So I think a loan to invest in bitcoin will only increase the risk, we are still too dark to guess and hope for a possible return on this investment.

[kawetsriyanto]

Are you really sure that you are using loans to buy and invest in Bitcoin? Have you read some news related to things like this happening in 2017-2018? When we just follow the hype, borrow money for Bitcoin, and the market price drops, it is possible that we will go bankrupt. We cannot assure you that the market will continue to rise, while bank or loan interest will be there all the time. if I personally wouldn't do this.

[Mauser]

Are you really sure that you are using loans to buy and invest in Bitcoin? Have you read some news related to things like this happening in 2017-2018? When we just follow the hype, borrow money for Bitcoin, and the market price drops, it is possible that we will go bankrupt. We cannot assure you that the market will continue to rise, while bank or loan interest will be there all the time. if I personally wouldn't do this.

In my opinion it all depends on what kind of job you have. If you have high monthly salary that can easily cover the loan payments for the next several years than go for it. But if you don't have any spare money this is too risky. I think we should always be ready for a potential worst case scenario. Hope for the best and prepare for the worst.

[Xinarae*]

If the value of Bitcoin is low then it is a good time to invest. Many traders cannot invest due to lack of capital when the price is high, so if they take a loan, they will suffer a lot when the currency price falls. There is nothing to regret later. I have never taken a loan. It would be better to take a loan and invest according to my ability by setting the price of the currencies according to the market conditions. There is no fear of repaying the loan and there is a guarantee of a lot of profit if the price goes up.

[shield132]

Despite the fact that I disagree when people say: Don't invest what you can't afford to lose (because otherwise you won't see good, noticeable profit), this is the case where I disagree with OP. First of all, when you take loan, it means you don't have a lot of money to spend on something or you are taking serious amount of money and put your house or other assets in loan. The problem is that it comes with huge risks, yeah, reward may be high but the risk will make you to lose everything. There were a lot of people who took a loan and invested back in 2017 and end up very bad, reddit was full of these kind of posts, so, please, don't give this advice to others.

[GeorgeJohn]

There is no signs that Bitcoin will slow down!

The risk/ratio reward telling that If the loans are cheap with low% its good to invest in risk assets like Gold btc and even property.

Even better If you can do day trading swing or intra day even you make just 1-3% daily.

If you have job and income and money to borrow its cheap now its not bad at all

Taking loan via bitcoin because it's getting high is bad ideology, because the process of obtaining the loan and bitcoin have to fall whats going to be your source to refund op, and also thinking that getting loan is cheap I think that suggestions is not right, but I know very well that loan really help people but their is a situations a loan can equally put someone into problem if not handle with cares.

[CarnagexD]

Bitcoin might be in a good spot right now. But you have to remember that you'll be paying that loan for at the very least 6 months after bitcoin's price settles down and drops in value. Weigh your decisions out before making a drastic move like that as it might make or break you. And ifyou can, stop using loans to buy bitcoin as it is as risky as it gets, you have little guarantee that you will earn mad bucks.

If the value of Bitcoin is low then it is a good time to invest. Many traders cannot invest due to lack of capital when the price is high, so if they take a loan, they will suffer a lot when the currency price falls. There is nothing to regret later. I have never taken a loan. It would be better to take a loan and invest according to my ability by setting the price of the currencies according to the market conditions. There is no fear of repaying the loan and there is a guarantee of a lot of profit if the price goes up.

You are partly rught but im my opinion taking a loan just to buy assets is a bit unconventional and may even become unhealthy for OP, remember that it is not your money you are using so the losses you incur will give you more psychological damage than having it from your own wallet.

[Globb0]

If a business was to do this they would have some kind of insurance against the opposite (worst) happening.

Otherwise you are very exposed to go underwater and maybe drown.

Perhaps you can find a suitable hedge. Im not sure what else even compares to bitcoin that tangibly.


Always up sounds like a prayer, not a guarantee.

[Pamadar]

It's an impractical notion for my side. You can not rely upon bitcoins let sit tight for certain minutes as well.

You have your own opinion and for sure others have their own, what's important is how you will take charge in terms of decisioning your invesment.

In 2017 the greater part of my companions take the advance to put resources into bitcoins, however, they lose everything when it begins falling.

That's factors to consider, learned from how they've made mistake and avoid doing the same to lessen the chance of losing your money.

I am not saying that we ought not to take loans however never be so covetous. It would be better if we stand by till New Year's eve and, at that point consider the speculation.

Your call and your responsibilities, if you are considering to deal with it make sure that you have your full knowledge about it.

On the off chance that you actually need to contribute by taking a loan, at that point please accept speculation as much you can bear

Try to work it out, consider those speculations  and use it as basis when you already placing your investment.

[DevilSlayer]

Taking loans are good idea especially if you are experiencing lack of budget in terms of making investment in bitcoin but that kind of way is a double edge sword where in there is two big possibility that you can lose all of it where you can trap in large debt or you can double it and manage to make profit. For those people who are thinking to take loans because they want to acquire more positions in bitcoin, think it very well and make sure first that you have knowledge before you take loans. Like what I said it is a double edge strategy where you can win big or you can lose big so be careful on taking loans because there are now a lot of people who regretted their decisions because of it.

[New_order]

There was no sign that Bitcoin will go down in 2017 as well but it happens unexpectedly, this same thing will happen this year and no one will see it coming, taking loans for Bitcoin investment is even more risky than using your own money and also life threatening

[ice098]

There was no sign that Bitcoin will go down in 2017 as well but it happens unexpectedly, this same thing will happen this year and no one will see it coming, taking loans for Bitcoin investment is even more risky than using your own money and also life threatening

I agree, I will not let myself to loan just to buy bitcoin not because it is not worth it, we all know that bitcoin worth take the risk but, another liability is not good for our financial needs and add the fact that it is not always win win in trading, we should learn to find new things for us to buy bitcoin , it is not recommended to have an investment from a debt, I just read it somewhere, and also there's no assurance in trading not unless you know how to read charts for trends.

[imstillthebest]

There was no sign that Bitcoin will go down in 2017 as well but it happens unexpectedly, this same thing will happen this year and no one will see it coming, taking loans for Bitcoin investment is even more risky than using your own money and also life threatening

I agree, I will not let myself to loan just to buy bitcoin not because it is not worth it, we all know that bitcoin worth take the risk but, another liability is not good for our financial needs and add the fact that it is not always win win in trading, we should learn to find new things for us to buy bitcoin , it is not recommended to have an investment from a debt, I just read it somewhere, and also there's no assurance in trading not unless you know how to read charts for trends.

People that are pro or know how to read chart and trends don't take loans because taking loans is not a thing done by professionals .
 They know how to make money and they can make that money grow using the talent they have .
People that are in the lower side of the society are the people that take loans and the loans often put in more riskier situation .
@New_order loans starts to become life threatening if the loans are big enough and if the loaner didn't paid them on the designated time .

[Wingsbtc]

You can't be granted a loan without any collateral, and again there is a high chance that you will lose all the loaned money to crypto because crypto is unpredictable and you can't tell when bull run will be over, the safest time to buy crypto is when bears have taken over

[jaysabi]

If a business was to do this they would have some kind of insurance against the opposite (worst) happening.

Otherwise you are very exposed to go underwater and maybe drown.

Perhaps you can find a suitable hedge. Im not sure what else even compares to bitcoin that tangibly.


Always up sounds like a prayer, not a guarantee.

Businesses aren’t in the business of gambling so it’s unlikely they would do this. Things like Microstrategy are the extreme exception, not the rule. Further, history is littered with examples of individuals who took on debt for a sure bet and got rekt because of it, and honestly they deserved it.

[vaultman]

Loans have never been a good way to invest in anything. You always need to go from the opposite and think about what will happen if you lose everything. In the case of taking a loan, it is obvious that it will end very badly for the borrower, and the money will need to be returned more and more every day, as interest for late payment will be accumulated. Therefore, you should never start doing anything on credit.

[AndySt]

Loans have never been a good way to invest in anything. You always need to go from the opposite and think about what will happen if you lose everything. In the case of taking a loan, it is obvious that it will end very badly for the borrower, and the money will need to be returned more and more every day, as interest for late payment will be accumulated. Therefore, you should never start doing anything on credit.

Loans are a good option when you are engaged in the production of goods or services and you need to expand the business, you have access to all internal information and understand the prospects and you can influence decision-making. None of this is observed when investing, because you do not own all the information and are forced to rely on your outside view and on your gut. And if you still use borrowed funds, then this is an even greater risk, because the loans need to be repaid.

[Sithara007]

You can't be granted a loan without any collateral, and again there is a high chance that you will lose all the loaned money to crypto because crypto is unpredictable and you can't tell when bull run will be over, the safest time to buy crypto is when bears have taken over

It is very simple. Just look at Ripple. After the directive from the SEC, it has lost more than 60% of its value in less than two weeks. And I don't think that what happened to XRP will be an isolated incident. The same can happen to the other cryptocurrencies as well. Now ask yourself what you are going to do, in case you have taken a loan to invest in an asset such as XRP, and it goes down by 60% in two weeks.

[PonZZ]

I don't like taking loans at all. It's like loosing you money because you always have to pay %. Investing in crypto associates with some risks, using borrowed money makes it even more riskier.

[Ken_terrance]

Is there any platform that's give people free loan? You have to tender some collateral before you are given a pass I believe, anyways, what I've noticed is you need your right mind set to make the right decisions when trading crypto so taking loan will even make things more risky, you will be in worries because the money isn't truly yours

[Jemzx00]

You can't be granted a loan without any collateral, and again there is a high chance that you will lose all the loaned money to crypto because crypto is unpredictable and you can't tell when bull run will be over, the safest time to buy crypto is when bears have taken over

It is very simple. Just look at Ripple. After the directive from the SEC, it has lost more than 60% of its value in less than two weeks. And I don't think that what happened to XRP will be an isolated incident. The same can happen to the other cryptocurrencies as well. Now ask yourself what you are going to do, in case you have taken a loan to invest in an asset such as XRP, and it goes down by 60% in two weeks.

With what happened to XRP can also be applied to other cryptocurrency and instead of a negative news why not take into consideration the positive news. Imagine if you take a loan to invest in an asset such as BTC before the halving happen, and it goes up 100% in just a week. It's just about the timing and right decision when you're investing unto something. Ask yourself, why would invest in an asset that receive a negative feedback and wait for two weeks before you even pullout. You could avoid a huge 60% loss if you've pulled out early.
Anyway, back to the topic, instead of using a loan on an invested such as market or crypto market why not something on that will surely provide profit even if it's on the long run. It's best not to loan unto something you can't compensate if you loss which will could cause you a negative outcome such as being broke.

[sulendra12]

If you have job and income and money to borrow its cheap now its not bad at all

You should not use your loan money for trading ever even though the price right now is really promising. I don't know what happen if you lose the tracks and lose your goal because it is too risky due to high volatile and hype these days. If you have primary job to cover the loan then it is fine as long as you can cover it, otherwise you should not.

[Sithara007]

With what happened to XRP can also be applied to other cryptocurrency and instead of a negative news why not take into consideration the positive news. Imagine if you take a loan to invest in an asset such as BTC before the halving happen, and it goes up 100% in just a week. It's just about the timing and right decision when you're investing unto something. Ask yourself, why would invest in an asset that receive a negative feedback and wait for two weeks before you even pullout. You could avoid a huge 60% loss if you've pulled out early.

It is not that simple. No one knew that XRP would go down by 60% in a matter of few days. The exchange rates crashed as soon as the announcement from SEC was made. It was possible to pull out, but only after suffering a huge loss. And how are you going to cover the loss, since you have taken a loan to invest in this asset? Cryptocurrencies are highly volatile, and this can happen not just with XRP, but also with the other coins as well.

[sulendra12]

Is there any platform that's give people free loan?

Well to be honest, there is.

But the requirement is really strict such as you must have fixed job with more than like $1000/month as an income for an example or you have to make some sort of agreement with the lender such as send your passport or your residential address etc. Compared to other type of loans, this type of free loan is really risky and they might use your data for their own benefit since you can not control it.

[oHnK]

Is there any platform that's give people free loan?

Well to be honest, there is.

But the requirement is really strict such as you must have fixed job with more than like $1000/month as an income for an example or you have to make some sort of agreement with the lender such as send your passport or your residential address etc. Compared to other type of loans, this type of free loan is really risky and they might use your data for their own benefit since you can not control it.

Some are without any guarantee, but you must have a fixed salary and are immediately deducted per month to pay the installments. Even the interest is slightly higher than that of banks or other cooperatives. In my country, usually it is in "cooperative" loans to state civil servants or permanent employees of BUMN.

[ice098]

It's an impractical notion for my side. You can not rely upon bitcoins let sit tight for certain minutes as well. In 2017 the greater part of my companions take the advance to put resources into bitcoins, however, they lose everything when it begins falling. I am not saying that we ought not to take loans however never be so covetous. It would be better if we stand by till New Year's eve and, at that point consider the speculation. On the off chance that you actually need to contribute by taking a loan, at that point please accept speculation as much you can bear

I do not recommend taking a loan or rely too much on bitcoin, although being a full-time trader will help you and will give you money in the future still we need to consider that bitcoin and other crypto are very volatile and if we get affected by this FOMO it will ruin us and leave us in debt, maybe bitcoin now is at peak and pump so well, who knows it may dump any days from now or have some corrections, instead of taking loans work hard for every penny that you may need in the future.

[milewilda]

It's an impractical notion for my side. You can not rely upon bitcoins let sit tight for certain minutes as well. In 2017 the greater part of my companions take the advance to put resources into bitcoins, however, they lose everything when it begins falling. I am not saying that we ought not to take loans however never be so covetous. It would be better if we stand by till New Year's eve and, at that point consider the speculation. On the off chance that you actually need to contribute by taking a loan, at that point please accept speculation as much you can bear

I do not recommend taking a loan or rely too much on bitcoin, although being a full-time trader will help you and will give you money in the future still we need to consider that bitcoin and other crypto are very volatile and if we get affected by this FOMO it will ruin us and leave us in debt, maybe bitcoin now is at peak and pump so well, who knows it may dump any days from now or have some corrections, instead of taking loans work hard for every penny that you may need in the future.

Taking loans for the sake of investment is considerable but not really that reliable or make out some assurance if you do put it up on crypto.
You wouldnt know on when the market would flip out thats why its really hard to consider such option.If you can pay off your debt without
relying your crypto income then its fine but if this is the one you would rely for you to repay then you are just doing suicide.
Always think twice or even thrice on making decisions because once you've fucked up you would really be having a hard time to recover.

[newwest]

I am not of the opinion of taking loan just for the investing in bitcoin as there would be phase when the market from top could fall for some time and that too could extend the losses, and if the timing turns out to be wrong then you may just be in a scoop of heavy losses. Though it’s a risky proposition, if on some drop in price want to just try the luck might take a small loan and invest and once it rises sell it and return back the loan amount and keep the profit and invest profit back again.

[Wipeout2097]

Its truly awesome thought Each one who knows money related terms must go with it, numerous individuals think they can make benefits from the markets but it is broadly know that over larger part of the individuals lose all their capital amid their to begin with year exchanging, of the rest most break indeed or get a few little benefits and as it were littler bunch of dealers get noteworthy benefits, in case you're portion of that little gather at that point your procedure of borrowing cash seem make sense but too supportive for lion's share who misplaced capital and settle BTC in staking or HODL for long run.

[aesma]

First of all I would say this is only for nocoiners. If you have coins, keep your fiat earnings for daily life, if you have some left buy more coins if you think it will go up, but don't take a loan.

Now if you're a nocoiner, and don't have money aside to buy some coins, then it might be worth considering. The loan should be easy enough to pay back with your regular income, not something that would make you struggle. Maybe what you would have put into a new fancy car, put it into BTC, and keep your current car, something like that. However you have to be ready for BTC to crash, maybe even go to zero. You have to think long and hard about this. Believe me, as a hodler, it's harder than you think.

[AndySt]

I am not of the opinion of taking loan just for the investing in bitcoin as there would be phase when the market from top could fall for some time and that too could extend the losses, and if the timing turns out to be wrong then you may just be in a scoop of heavy losses. Though it’s a risky proposition, if on some drop in price want to just try the luck might take a small loan and invest and once it rises sell it and return back the loan amount and keep the profit and invest profit back again.

The cryptocurrency market is still a very risky thing to recommend to anyone to use loans for transactions. A bad time to enter the market and/or a prolonged correction can drive such a risky investor into huge losses.

[cryptoboss2020]

If You can get loan take as much you can.
there is no need to pay Back loans will expiry.
Banks giving out Now loans without ASKing anything.  Don't need Even collateral.
I gona borrow like 25k  15k I Invest in trading and 15k will just put in Pocket.

This all Financial system will crash anyways.
So You Better take it as much You can is my advice
The debt is nothing You dont Go to jail for owning the debt
Debt is Popular look at richest People so much debt corporate debt also

At the End of the day only what counts are how You doing in your life if You eat well wearing good closing and enjoy the finer things in your life

Nothing Else matters.
If You Don't act now You might regret later specially If You are Young under 30 Years... Age take it and live fullest.

Life is not fair If you want fair life you make it fair for yourself.
Standard is not Low but rather high
Look at all this wealth...  people swimming in prosperity and money don't be poor use the options you have.

Finally Don't matter how you Look on the paper or credit history only what matters is If you live truly Nice and abundant life.

While the btc not 100k its a Still good time to invest just Don't invest all your money buy the btc dips slowly

[Kittygalore]

The cryptocurrency market is still a very risky thing to recommend to anyone to use loans for transactions. A bad time to enter the market and/or a prolonged correction can drive such a risky investor into huge losses.

Taking loans to invest as an individual investor is a suicide in my opinion, there no good loans, the more you think that it is a good loan then the more predatory it is than you think. Plus as @AndySt mentioned, at the current price of bitcoin, entering will not yield you good profits that will be enough to pay the loans plus the interest. Volatility is a factor too so you have to watch out for that or your loans will eat you up and drown you. In the end, the lender will be the only one that profits from this predatory scheme so you don't have to think about getting one.

[SmokerFace]

It's an impractical notion for my side. You can not rely upon bitcoins let sit tight for certain minutes as well. In 2017 the greater part of my companions take the advance to put resources into bitcoins, however, they lose everything when it begins falling. I am not saying that we ought not to take loans however never be so covetous. It would be better if we stand by till New Year's eve and, at that point consider the speculation. On the off chance that you actually need to contribute by taking a loan, at that point please accept speculation as much you can bear

[iamsheikhadil]

If You can get loan take as much you can.
there is no need to pay Back loans will expiry.
Banks giving out Now loans without ASKing anything.  Don't need Even collateral.
I gona borrow like 25k  15k I Invest in trading and 15k will just put in Pocket.

This all Financial system will crash anyways.
So You Better take it as much You can is my advice
The debt is nothing You dont Go to jail for owning the debt
Debt is Popular look at richest People so much debt corporate debt also

At the End of the day only what counts are how You doing in your life if You eat well wearing good closing and enjoy the finer things in your life

Nothing Else matters.
If You Don't act now You might regret later specially If You are Young under 30 Years... Age take it and live fullest.

Life is not fair If you want fair life you make it fair for yourself.
Standard is not Low but rather high
Look at all this wealth...  people swimming in prosperity and money don't be poor use the options you have.

Finally Don't matter how you Look on the paper or credit history only what matters is If you live truly Nice and abundant life.

While the btc not 100k its a Still good time to invest just Don't invest all your money buy the btc dips slowly

Lol, you are just advocating crime, and it's morally, ethically and not to say, legally wrong to not pay off someone or some institution's debts for the enjoyment of your own life because the burden of debt will always be there and you will never truly enjoy life with freedom which you dream of, because of their constant pinging you for their debts, etc, hence, although now that crypto is soaring I would recommend to take loan at very less interest to invest in crypto, but never advocate to not paying the loan altogether

[acquafredda]

cryptoboss2020 you are a crazy one, totally.
This post gained you a few things: first of all, no one will never give you a loan here on Bitcointalk if that is how you want to behave and, more importantly, your comment feels so dumb and stupid as it fails to build some important values around here: trust and respect.

[cryptoboss2020]

cryptoboss2020 you are a crazy one, totally.
This post gained you a few things: first of all, no one will never give you a loan here on Bitcointalk if that is how you want to behave and, more importantly, your comment feels so dumb and stupid as it fails to build some important values around here: trust and respect.

Banks borrow money what dont existing...
People Give You real money!!
Dont matter how You look on paper
Rich People all of them screw the system
I never screw the People!

Dont Mix system and People!
I never cheat or screw People!
Ise ur logic

[qwertyup23]

There is no signs that Bitcoin will slow down!

The risk/ratio reward telling that If the loans are cheap with low% its good to invest in risk assets like Gold btc and even property.

Even better If you can do day trading swing or intra day even you make just 1-3% daily.

If you have job and income and money to borrow its cheap now its not bad at all

I highly advise that if you were to invest in btc, avoid purchasing them using money garnered from loans. Even if the bullish run provided an opportunity for more people to invest short/long-term, there is no absolute guarantee that you will experience profit.

There are too many risks associated in loans especially when you deal with a currency that is highly volatile in nature. What if you suddenly needed the cash and the price of dropped unexpectedly? Purchase bitcoins only when you are comfortable with your finances. Risking everything for something that is not guaranteed is a problem waiting to happen, like a hanging sword of Damocles.

[oHnK]

There are too many risks associated in loans especially when you deal with a currency that is highly volatile in nature.

If he dared to take the risk, why not.  Borrowing money to invest in BTC is not such a bad idea.  It's just a very bold idea.  You borrow 100 $ at 10% interest and plant it in BTC.  The average increase in BTC is more than 10%, and it has provided benefits with free money.  The condition is that you are just brave enough.  And you have a life that is sufficient and not lacking.  Because the worst risk you will lose 100 $ + 10%.  If you are poor, it will worsen your situation.  If not yes that's a not so bad idea.

[acquafredda]

cryptoboss2020 you are a crazy one, totally.
This post gained you a few things: first of all, no one will never give you a loan here on Bitcointalk if that is how you want to behave and, more importantly, your comment feels so dumb and stupid as it fails to build some important values around here: trust and respect.

Banks borrow money what dont existing...
People Give You real money!!
Dont matter how You look on paper
Rich People all of them screw the system
I never screw the People!

Dont Mix system and People!
I never cheat or screw People!
Ise ur logic

Ok. I see your point here but trust me, you will never beat that system as it is enforced in a perfect way. You can only get out of it, with the right tools, but never try to reproduce it in the first place. Most of us know that the banking system based on debt is a people's enslaving mechanism and for those reasons we need to build something better than that.
Otherwise, we will be worse than the enemy we wanted to defeat.

[jostorres]

cryptoboss2020 you are a crazy one, totally.
This post gained you a few things: first of all, no one will never give you a loan here on Bitcointalk if that is how you want to behave and, more importantly, your comment feels so dumb and stupid as it fails to build some important values around here: trust and respect.

He wasn't going to get any loans either unless a lender wants to do some charity and avoid looking at basic things like trust on the user's profile.

Actually I don't like taking loans to invest but I somewhat like his idea because the prices are actually only going up and if you take loans you don't pay much interest for a month and even some friends can lend you good amount of money for a month which you can use and buy Bitcoins in the middle of a bull run and just sell for a few hundred dollars profit.

If you just buy 0.1 Bitcoin at 50k and you just place sell orders at 51k then you earn $100 without any problems and in worst case the price falls down you can ask your friends for a few extra months to repay.

[pinggoki]

Even though the loans are very cheap nowadays, I still not encourage people to buy bitcoin by having a loans because at the end of the day debts will be debts and what if bitcoin suddenly dumps? Your loans and investments will be go to nothing. What you need to do is to buy bitcoin with the money that you can afford to lose because at the end of the day when the price of bitcoin dumps still okay to you because you just risk the money your extra money that anytime you can afford to take back again.

[fullhdpixel]

It's an impractical notion for my side. You can not rely upon bitcoins let sit tight for certain minutes as well. In 2017 the greater part of my companions take the advance to put resources into bitcoins, however, they lose everything when it begins falling. I am not saying that we ought not to take loans however never be so covetous. It would be better if we stand by till New Year's eve and, at that point consider the speculation. On the off chance that you actually need to contribute by taking a loan, at that point please accept speculation as much you can bear

Even if the growth is inevitable it is always risky to take loans to invest in Bitcoins because the growth rate is not known but the interest on loans you pay is always working in your mind subconsciously even when you are not thinking about it which makes you panic even when a tiny drop in prices occurs.

We have all seen whenever price moves up there are still some ups and down during that period and someone who has taken loans to invest will crumble and collapse in those times. If you have the balls of steel to just invest, look away from the market for months or even an year then it might just work for you because the overall price movement is going to be in the right direction for investors.

[tygeade]

Even though the loans are very cheap nowadays, I still not encourage people to buy bitcoin by having a loans because at the end of the day debts will be debts and what if bitcoin suddenly dumps? Your loans and investments will be go to nothing.

There are people in the lending section I often see taking loans at high interest rates and I think most of them do so for gambling and if someone can take loans for gambling then it is at least million times better to take loans for buying Bitcoins. Yes there is a risk, but even if you start your own company by taking loan from banks, risk exist there too. Risks must be taken after comparing the rewards as opposed to how much risk you are taking.

What you need to do is to buy bitcoin with the money that you can afford to lose because at the end of the day when the price of bitcoin dumps still okay to you because you just risk the money your extra money that anytime you can afford to take back again.

Not really, if you are serious about buying Bitcoins and don't look at buying bitcoins as gambling then you can invest more than you could afford to lose. Give me one instance where you can earn money by investing but doesn't carry a risk. You will struggle finding any such source because there exist none of them.

I am not advocating for buying bitcoins by taking loans but it might be a good decision if you actually do so, there are risks involved and there are possibly high rewards and it is up to the individual how much risk they are willing to take.

[mersal]

Take loans only if you have any backup income source to compensate the due amount in case of investment failure, never think that you can make constantly 3% from day trading everyday, if you can do it and keep reinvesting all the capital amount then mathematically you can become more richer than jeffbezos in coupe of years.

Wake up buddy, stop day dreaming...

[iamsheikhadil]

Take loans only if you have any backup income source to compensate the due amount in case of investment failure, never think that you can make constantly 3% from day trading everyday, if you can do it and keep reinvesting all the capital amount then mathematically you can become more richer than jeffbezos in coupe of years.

Wake up buddy, stop day dreaming...

Although I highly discourage for taking loans for any purpose except emergency because it's an unnecessary burden on mind that manipulates decision making capabilities. I do think that the crypto volatility is too high and I have some friends who took loans from banks and invested in crypto and made super high gains and closed their loans fast. But, the key here is, just like there can be profit, there can be loss as well in trading, which is just like a business, however, you have to return to the lender your principal amount and interest as well so if you make loss, you are getting into bigger debt because of interest as well. So, I believe money you have without any debt, use that to trade and invest, it's burden free and enjoyable process!

[geegaw]

Even though the loans are very cheap nowadays, I still not encourage people to buy bitcoin by having a loans because at the end of the day debts will be debts and what if bitcoin suddenly dumps? Your loans and investments will be go to nothing. What you need to do is to buy bitcoin with the money that you can afford to lose because at the end of the day when the price of bitcoin dumps still okay to you because you just risk the money your extra money that anytime you can afford to take back again.

Why don't you think of a situation where bitcoin will go up in price and we will profit and offset our loans, negativity can sometimes kill many good ideas and destroy our chances, I know you always want to keep yourself away from loans and limit losses but investing sometimes takes our courage, loans can be dangerous but it can still be mitigated through how we compensate with current income and save costs. As long as we don't touch big loans and high interest rates, cheap loans are still an idea in times of need

[tyz]

Take loans only if you have any backup income source to compensate the due amount in case of investment failure, never think that you can make constantly 3% from day trading everyday, if you can do it and keep reinvesting all the capital amount then mathematically you can become more richer than jeffbezos in coupe of years.

For ordinary people, day trading is a losing business anyway. You can have a good run in the short term, but in the medium and long term you simply lose because you never have the opportunity to compete against the high-performance computers of the big investment banks.

[nightxglow]

No. Don't.

Have you heard that, only invest the spare or leftover money? I mean, just invest the money after you fulfill all your priority, like food, bills, and other needs, and if you still have money left, then you can invest it. Don't ever take a loan or borrow money just to invest. First, you're not sure about the profit yet, it's investment anyway. There will always be a risk. What're you gonna do it you can't pay the loan? it'll just cause another problem. It's scary, i've seen many cases where people life is ruined because they borrow money to invest, experience a terrible loss, and now they're mad confuses about what to do.

[mersal]

Take loans only if you have any backup income source to compensate the due amount in case of investment failure, never think that you can make constantly 3% from day trading everyday, if you can do it and keep reinvesting all the capital amount then mathematically you can become more richer than jeffbezos in coupe of years.

For ordinary people, day trading is a losing business anyway. You can have a good run in the short term, but in the medium and long term you simply lose because you never have the opportunity to compete against the high-performance computers of the big investment banks.

Skills matters the most in day trading, so capital or who we are competing against is not really a matter to be a loser but we ourselves need to realize that making consistent profits from day trading is nearly impossible so we should not have any short term goals with the profits we make from trading then only it is possible to survive from the inevitable losses in the crypto space.

[Issa56]

Have been into cryptocurrency for few years now and anything related to cryptocurrency I will definitely advise everyone not to borrow and invest in Cryptocurrency no matter how the coin you want to buy. When it comes to cryptocurrency you don't have to borrow money or take loan to invest you don't have to invest all your funds in Cryptocurrency and you also have to invest what you can afford to lose don't invest what you can't afford to lose. Whenever it comes to cryptocurrency you don't have to trust any coin the coin you might be expecting that will do well will be the one to fuck you up. So whenever you are trading always make sure you are using your own savings and you don't have to invest all your money you should have backup plan.

[Oilacris]

Take loans only if you have any backup income source to compensate the due amount in case of investment failure, never think that you can make constantly 3% from day trading everyday, if you can do it and keep reinvesting all the capital amount then mathematically you can become more richer than jeffbezos in coupe of years.

For ordinary people, day trading is a losing business anyway. You can have a good run in the short term, but in the medium and long term you simply lose because you never have the opportunity to compete against the high-performance computers of the big investment banks.

Skills matters the most in day trading, so capital or who we are competing against is not really a matter to be a loser but we ourselves need to realize that making consistent profits from day trading is nearly impossible so we should not have any short term goals with the profits we make from trading then only it is possible to survive from the inevitable losses in the crypto space.

When you can deal up with short or active trades then why not? It isnt just a matter of difference between high performance computer or some sort yet even doing it manually
will really give you out some chance to become better.

Taking up loans for the sake of investment with bitcoin is most likely to be on that bad part unless if you can able to repay it without any problems then its your choice.

Always consider the risk factor before proceeding rather than on ignoring it because you would surely be shocked when you do need it to pay those interest but still you arent still making
into your btc investment.

[Snappycoco]

As one of the ordinary people with less knowledge of day trading, it is quite hard for us to do the 1-3% return. It takes a lot of courage and experience to enter such and having no mentor means much more risk are ahead.

[Mauser]

As one of the ordinary people with less knowledge of day trading, it is quite hard for us to do the 1-3% return. It takes a lot of courage and experience to enter such and having no mentor means much more risk are ahead.

I agree. The number of loan offers is increasing, I keep getting emails almost every other week with a cheap offer for a loan. But since it is very risky to trade with borrowed money I am reluctant to use any funds that are not mine. Also to get the really cheap loans the banks demand collateral. So in the worst case if you lose all the money trading, you could also be forced to sell your house or apartment.

[Spaffin]

The use of other people's funds in one form or another, always carries a certain danger and I have always opposed this, but there are such moments, especially at a time when quite good forecasts sound, such as for the whole of 2021, I want to take a risk and earn enough money by taking a loan and investing it in the highest rated and most demanded cryptocurrencies such as Bitcoin and Ethereum. I believe that many will do just that, But I will refrain, because I am stopped by the fear of losing everything.

[angrynerd88]

Before taking loan make cos and benefit analysis also confidence over personal reserch and knowledge otherwise Credits not a great way to contribute in anything. You continuously have to be go from the inverse and think about what will happen in the event that you lose everything. Within the case of taking a advance, it is clear that it'll conclusion exceptionally severely for the borrower, and the cash will got to be returned increasingly each day, as intrigued for late installment will be amassed.

[Flowzer]

I believe using loan for investment is not a wise move at all.
If you want to get rich by using loans, build a f&b bussiness or another line of bussiness which will give you fast cash flow.
The profit from that activity, you can use that for any investment, inc cryptocurrency.

End of 2017, i loan 4000$ to get some rig of mining, fortunately for me i dont suffer any loss, but dont gain any profit too.

[tabas]

End of 2017, i loan 4000$ to get some rig of mining, fortunately for me i dont suffer any loss, but dont gain any profit too.

So not even a break even?

I believe using loan for investment is not a wise move at all.
If you want to get rich by using loans, build a f&b bussiness or another line of bussiness which will give you fast cash flow.
The profit from that activity, you can use that for any investment, inc cryptocurrency.

You have to be specific, that's for crypto investment. Here's what we call good debt when we take loans for starting up a business or adding up a budget to our existing business. And that's a wise move because you're expanding what you have.

[Flowzer]

End of 2017, i loan 4000$ to get some rig of mining, fortunately for me i dont suffer any loss, but dont gain any profit too.

So not even a break even?

Fortunately i dont suffer any loss, that mean i reach break even, but its really stressful when you are on debt.
So the loss is not on the financial sector, more like mentally broken  , But its really give me a experience.

[tabas]

End of 2017, i loan 4000$ to get some rig of mining, fortunately for me i dont suffer any loss, but dont gain any profit too.

So not even a break even?

Fortunately i dont suffer any loss, that mean i reach break even, but its really stressful when you are on debt.
So the loss is not on the financial sector, more like mentally broken  , But its really give me a experience.

That's somehow sad but it's still better than losing it. I understand how hard it is when it has became stressful and made you mentally broke.
Just look at the experience and how good it was and I think you have already moved on with that experience. So that's a good share that you've made and for sure have taught you a lot.

[milewilda]

End of 2017, i loan 4000$ to get some rig of mining, fortunately for me i dont suffer any loss, but dont gain any profit too.

So not even a break even?

Fortunately i dont suffer any loss, that mean i reach break even, but its really stressful when you are on debt.
So the loss is not on the financial sector, more like mentally broken  , But its really give me a experience.

That's somehow sad but it's still better than losing it. I understand how hard it is when it has became stressful and made you mentally broke.
Just look at the experience and how good it was and I think you have already moved on with that experience. So that's a good share that you've made and for sure have taught you a lot.

People would really get realizations through experience in most cases.I do really feel out on having that mental stress which is more devastating than on having some physical injuries or any other problems in body.
Once mental stress is on you then you cant really think up that well just because you are afraid or worrying into something. Decision making skills arent really on that straight line due to that reason.
Having debts alone is already a thing that could create such thing and better to avoid loans as best as you can and always take consideration on making decisions into this but if
you do really find out some opportunity which it is worth to take some risk on getting some loan then go ahead but be sure that you do know on what you are doing.

[tabas]

End of 2017, i loan 4000$ to get some rig of mining, fortunately for me i dont suffer any loss, but dont gain any profit too.

So not even a break even?

Fortunately i dont suffer any loss, that mean i reach break even, but its really stressful when you are on debt.
So the loss is not on the financial sector, more like mentally broken  , But its really give me a experience.

That's somehow sad but it's still better than losing it. I understand how hard it is when it has became stressful and made you mentally broke.
Just look at the experience and how good it was and I think you have already moved on with that experience. So that's a good share that you've made and for sure have taught you a lot.

People would really get realizations through experience in most cases.I do really feel out on having that mental stress which is more devastating than on having some physical injuries or any other problems in body.
Once mental stress is on you then you cant really think up that well just because you are afraid or worrying into something. Decision making skills arent really on that straight line due to that reason.
Having debts alone is already a thing that could create such thing and better to avoid loans as best as you can and always take consideration on making decisions into this but if
you do really find out some opportunity which it is worth to take some risk on getting some loan then go ahead but be sure that you do know on what you are doing.

It is your brain that's fighting for it and that's hard to bear. Honestly, I've been with that before but not due to trading or taking a loss or I can't pay the interests.
But that happened to me through other experiences, not only once but a few times and it's really hard to tell if you're doing it correctly. As long as you're able to overcome it with whatever idea or way of fighting it, you're good. And I know the effect of taking loans that you have no idea if the path you're going to take will be worth it with that money.

[Wawa2013]

It is true if we see Bitcoin price movements which continue to rise significantly, in contrast to what happened in 2017. But that is not a reason to use
capital from borrowed money, especially if we borrow money from banks that must be paid in installments every month. Remember we have a basic
rule of investing in Bitcoin, namely invest money that we can afford to lose, that means we should not use money that does have risks. If we use
capital from a bank loan, there is a debt burden that must be paid. Moreover, the price of Bitcoin is very volatile, there is no guarantee that the price
will not fall anytime soon.

[wiss19]

Actually I don't like taking loans to invest but I somewhat like his idea because the prices are actually only going up and if you take loans you don't pay much interest for a month and even some friends can lend you good amount of money for a month which you can use and buy Bitcoins in the middle of a bull run and just sell for a few hundred dollars profit.

If you just buy 0.1 Bitcoin at 50k and you just place sell orders at 51k then you earn $100 without any problems and in worst case the price falls down you can ask your friends for a few extra months to repay.

Hmmm I am not sure about this and I wouldn’t advise anyone to take loan and be investing in Bitcoin, it’s always best to invest with your money and not all these loans. I always make sure to avoid anything that has to do with loan, and I would prefer that I work hard and get that money myself and invest it, than taking the loans. None of us are really sure about Bitcoin the way you have said, we can’t tell if it’s going to be increasing steady as you have said, price can still drop and you know that very well.

But it’s all about you, you know what’s going to work and if you think the loan will work, then go ahead, but don’t forget to create other means that you will be able to pay back if things go wrong.

[zanezane]

Loans are cheap if the creditor doesn't have a specific time frame as to when you are going to pay the loan which is close to impossible but likely and the loan doesn't incur any interest. Do not believe that loans can help you make money especially if you are just starting to invest in bitcoin because there is a high chance that losses will be happening and the only way to profit is a long term hodl which is not a good thing if that bitcoin was bought with a loan.

[mezzaluna]

There is no signs that Bitcoin will slow down!

The risk/ratio reward telling that If the loans are cheap with low% its good to invest in risk assets like Gold btc and even property.

Even better If you can do day trading swing or intra day even you make just 1-3% daily.

If you have job and income and money to borrow its cheap now its not bad at all

The thought of getting a loan just to get into Cryptocurrencies is just scary for me because all investments made within this industry is risky and using someone else's money just to gain more is not a good idea if you do not have a great financial income. We know that its a good time to invest in btc but you will always have that thought of losing everything and not being able to pay back that loan is not a great image for someone.

If you really want to get into Cryptocurrencies, you should use your own money because all decisions can be made wholeheartedly and you wont have to worry about losing any of it because its own by you personally.

[iamsheikhadil]

Loans are cheap if the creditor doesn't have a specific time frame as to when you are going to pay the loan which is close to impossible but likely and the loan doesn't incur any interest. Do not believe that loans can help you make money especially if you are just starting to invest in bitcoin because there is a high chance that losses will be happening and the only way to profit is a long term hodl which is not a good thing if that bitcoin was bought with a loan.

Well, taking loans from financial institutions will just make it worse because of the interest amount to be paid as well as they set a fixed time within which one has to return the funds, so technically it's a burden on brain which will make trading less effective, while borring from friends and family and promising them that any profit you might make, you will give them a percentage of it, then that will be les burden and I think that's the best way and not taking loans from entities that will haunt you.

[TedMosby]

do not spend/invest with money that you can't afford to lose.
also, you know that bitcoin is against those banks.
you take a loan from a bank for bitcoin.
you are feeding those banks which will make it grow at. the same time, you want bitcoin to go up as well

instead of taking loans from financial institutions, try to read or watch videos about flash loan.
https://www.youtube.com/watch?v=mCJUhnXQ76s
https://www.youtube.com/watch?v=ILBP38JrjTw

[Alucard1]

Whatever the situation is, loaning is still risky when talking about cryptocurrency, you will going to regret it once you have failed from the investment because you still need to pay for the money you had borrowed, and that is frustrating because you have to pay for the money that have lost for nothing, you don't even use it to benefit you or someone. Just a friendly piece of advise, just save money so you can buy some amount of BTC instead of loaning.

[oHnK]

Loans are cheap if the creditor doesn't have a specific time frame as to when you are going to pay the loan which is close to impossible but likely and the loan doesn't incur any interest. Do not believe that loans can help you make money especially if you are just starting to invest in bitcoin because there is a high chance that losses will be happening and the only way to profit is a long term hodl which is not a good thing if that bitcoin was bought with a loan.

Well, taking loans from financial institutions will just make it worse because of the interest amount to be paid as well as they set a fixed time within which one has to return the funds, so technically it's a burden on brain which will make trading less effective, while borring from friends and family and promising them that any profit you might make, you will give them a percentage of it, then that will be les burden and I think that's the best way and not taking loans from entities that will haunt you.

For people who are psychologically unstable, it will be a very severe burden to invest using debt. This volatile market condition is enough to make the psychology of investors and traders up and down quickly. Moreover, it is made worse by investing with borrowed money. So the psychological burden is double. But it's not a bad thing either if you can cover it, investing in debt is a cool and brave idea.