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

[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.