Maybe good time to loan money to invest in crypto

[dezoel]

I don’t like the idea of taking loans to invest in cryptocurrency, because of the risks. Although I have seen stories of very few people who have been able to make profit from investing their loans in cryptocurrency and making huge money later on and paying back their loan and then starting up a better life. But at the same time, I have seen stories of many people that lost the money and one that even took his life because of that, there are many that lost the money than those that actually gained.

So, it’s quite a risk, and you should make some calculations first before taking such a risk. I don’t like this idea at all. It’s best to work hard and raise your own money and invest in crypto, loan is a very bad idea please. Don’t advise people to do such, thank you.

[Voxo2222]

I don’t like the idea of taking loans to invest in cryptocurrency, because of the risks. Although I have seen stories of very few people who have been able to make profit from investing their loans in cryptocurrency and making huge money later on and paying back their loan and then starting up a better life. But at the same time, I have seen stories of many people that lost the money and one that even took his life because of that, there are many that lost the money than those that actually gained.

So, it’s quite a risk, and you should make some calculations first before taking such a risk. I don’t like this idea at all. It’s best to work hard and raise your own money and invest in crypto, loan is a very bad idea please. Don’t advise people to do such, thank you.

And where is risk ? U keep the asset dont buy when green buy at least when red market.
And then dont sell at loss wait for better price and sell it u keep the asset so no loss really and also keeping
50% cash reserves in case asset price drops even lower u buying more.

And thats what every rich does it u do the same and results are best.

[habebe]

Well it's not bad if you need to borrow money just for an investment because we don't know that by borrowing money there he grows and thrives, of course he can easily pay it off, if you have a job it's also easy for you to get and get finances  but with loan for investment I think sometimes others despise borrowing money and for me its up to you how do you make money to invest because not everyone takes out a loan for financial and we don't think the same way  sometimes the good will end up in the bad.

[CaVO32]

Well it's not bad if you need to borrow money just for an investment because we don't know that by borrowing money there he grows and thrives, of course he can easily pay it off, if you have a job it's also easy for you to get and get finances  but with loan for investment I think sometimes others despise borrowing money and for me its up to you how do you make money to invest because not everyone takes out a loan for financial and we don't think the same way  sometimes the good will end up in the bad.

That is, if he has other resources that can cover if in case he is not lucky with his crypto investments. Because if not, and he is only relying to the possible rise of value, I don't think he can sleep peacefully here, knowing that he needs to return the loan as well as interest for a specified period of time. So if you have no other means to pay off the debt, I won't suggest to make a loan when it comes to crypto investments. This market is very unpredictable and you have no assurance that you will attain your targets at a certain time.

[pealr12]

It may be a good time to buy some very good projects now that the market is down but getting a loan to do that is not advisable in my opinion, crypto investment is risky and it is not encouraging to take a loan to invest in it,
In fact, it is advisable to only invest what you can afford to lose, so I don't think taking a loan is a wise thing to do.

[sulendra12]

Maybe now its a good time to invest
And borrow money.
Btc goes 120,000$  if you buy now you make like over 60,000$ profit.

Yea, that's so easy to say. It's easier to said than done.
But, just imagine if things not going as planned? Your money is just gone + your loan so it leaves you with the debt and make things worse for you.

I don't recommend to make a loan for trading since how high the risk is to invest, even you can pay it afterwards, it's not the best action to make anyways.

Next year as we all know ATH 

There is too much possibilities we could get at next year, we don't know what happen next year.

[izsara]

investing is one of the very good things that will indeed make this even better because at least with future interactions we will be more secure and there will be more grip compared to people who don't invest.
But it's not good for me when making investments but the results from borrowing.
indeed something like that would be okay but I feel like this is not a very good thing to do

[Oasisman]

Maybe now its a good time to invest
And borrow money.
Btc goes 120,000$  if you buy now you make like over 60,000$ profit.

I don't see any problem with this investment method as long as you're capable of paying the loan without depending on the returns when Bitcoin pumps. Because, nobody knows when will Bitcoin reach $120,000(your target).
If you can't afford to be paying that huge amount of loan using your hard earned money form your day job or from your business, then I can say it's a good choice to make.
Always remember, invest what you can afford to lose.
Now, If you will be struggling to paying back the loan without depending on your investment's return, then I can say you cannot afford to invest that huge amount on Bitcoin.

[Quidat]

Maybe now its a good time to invest
And borrow money.
Btc goes 120,000$  if you buy now you make like over 60,000$ profit.

I don't see any problem with this investment method as long as you're capable of paying the loan without depending on the returns when Bitcoin pumps. Because, nobody knows when will Bitcoin reach $120,000(your target).
If you can't afford to be paying that huge amount of loan using your hard earned money form your day job or from your business, then I can say it's a good choice to make.
Always remember, invest what you can afford to lose.
Now, If you will be struggling to paying back the loan without depending on your investment's return, then I can say you cannot afford to invest that huge amount on Bitcoin.

This is true!

It isnt bad to make such step as long you do make yourself responsible on paying it back.There are really moments or times which
cant really be avoided on where we are short of money to invest on.

Specially if we do see some opportunity in our front but have nothing to spend or put on and this is where people
do really make out such decision.

Most of the time they do experience problems but there are ones who do make more profits out of those loan
because they had done the right thing.

[RealMalatesta]

You should give them the cons of loaning for bitcoin. I've seen people become successful on it but they're very few whilst on the other side, those that didn't have good experience and ended up with more loss.

That's what you have to tell them honestly if they're seriously going to take a loan for bitcoin. But if they're aware of the possible negative effect, wishing them the good result.

It is not even about just crypto, it is about getting a loan to make an investment and that is the biggest problem. I have to say there is a big problem at paying it back most of the time and that is the biggest reason why I am not getting any loans at all. It just doesn't worth it and I rather not do it at all. It is clear that we are talking about something that is dangerous to begin with, as long as you can't pay your loan back, you are going to lose even more and more and do not forget about the interest on top of that.

You can make a debt at a small level, like for example you are making a credit card debt that you have pay one by one each month? That seems fine. But, getting a whole loan out of this deal is not really a good one and you can't make a proper payment back when the price is too much. This is why I try to avoid it as much as I can, because big debts require big repayments.

[DrBeer]

Maybe now its a good time to invest
And borrow money.
Btc goes 120,000$  if you buy now you make like over 60,000$ profit.
But dont buy just btc divide ur portfolio ...
Buy few metaverse few top coins maybe web3 and u wait ATH and you sell it.
Pay i ng back loan and u are in profit.
Next year as we all know ATH 

Sounds very nice. But the reality will be different. At a rate of $ 60,000 per bitcoin, someone will buy. Then a bearish trade will begin, and a person in a panic, observing hourly how bitcoin is falling in price, will at first control himself, but when his eyes begin to twitch, like a squirrel from the "Ice Age", he will begin to drain bitcoin at $ 30,000. By the time Bitcoin costs $ 120,000, this person will have a hole in his pocket, a nervous breakdown, and a mental disorder The principle was voiced a long time ago, the main thing is to incorrectly determine that these moments have come - sell at the maximum, buy at the minimum.

[adzino]

Maybe now its a good time to invest
And borrow money.
Btc goes 120,000$  if you buy now you make like over 60,000$ profit.
But dont buy just btc divide ur portfolio ...
Buy few metaverse few top coins maybe web3 and u wait ATH and you sell it.
Pay i ng back loan and u are in profit.
Next year as we all know ATH 

There is no "good" time to invest in crypto currencies. Every moment is perfect opportunity to invest as long as you can afford to lose everything. And no, you shouldn't borrow money to invest in crypto currencies. The market is very volatile and unpredictable. You might end up losing everything and things will start getting even harder for you. The first rule of investing in crypto currencies is to make sure you can "afford" to lose your investment. Can you afford to lose borrowed money? Nope.

[cute nmp]

I don't think it's a good idea to loan money to invest in crytocurrency much better to invest with your own money because it involves a lot of risk you can either make money or lose money also don't forget to invest only what you can afford to loose for better protection of your funds.

[Marcorey]

Borrowing money to invest is the wrong way to make a risky investment. You must invest or trade within the range of funds you can afford.
The crypto market is unstable and the price is unpredictable, and there is no guarantee that you will always profit from it. The downward trend in the price is easy to sell because of panic, which may bear double economic losses.

[abikobong]

bitcoins is the the digital gold and it will be valued more than anything put $10 or $100 on it. see what happens lol.
dont never ask to borrow money from a friend or family member to invest in crypto, you are going to get a huge problem.

[michellee]

Borrowing money to invest is the wrong way to make a risky investment. You must invest or trade within the range of funds you can afford.
The crypto market is unstable and the price is unpredictable, and there is no guarantee that you will always profit from it. The downward trend in the price is easy to sell because of panic, which may bear double economic losses.

That is not recommended for people doing that without having a way how to pay the loan and will have a big riskier to them. Although our investment is not too big, if we can constantly invest periodically, I think our investment will be bigger someday and when we can make a profit, our profit will also be bigger. The crypto will be like this, whether we like or not, and if we can prepare for the worst thing, we will be okay and will have a way or solution from the worst thing.

[Botnake]

Borrowing money to invest is the wrong way to make a risky investment. You must invest or trade within the range of funds you can afford.
The crypto market is unstable and the price is unpredictable, and there is no guarantee that you will always profit from it. The downward trend in the price is easy to sell because of panic, which may bear double economic losses.

That is not recommended for people doing that without having a way how to pay the loan and will have a big riskier to them. Although our investment is not too big, if we can constantly invest periodically, I think our investment will be bigger someday and when we can make a profit, our profit will also be bigger. The crypto will be like this, whether we like or not, and if we can prepare for the worst thing, we will be okay and will have a way or solution from the worst thing.

The market is very unstable at the moment so we might expect that the price decline will still go on. And with this, crypto coins are definitely in bargain right now but this is not a good reason that we should take loans to invest so we can maximize buying coins. This is a very risky decision since we don't have assurance that the market will be good in the next few days or months. We can still invest with a little money we have that we can afford to lose. Once the profits will keep on adding, eventually we can afford to invest a bigger amount by then.

However, with taking loans, this will make the investor resort into panic selling and end up losing the borrowed capital once the the market does not recover.

[Dr.Osh]

DWYOR.
In the crypto world, prices always go up and down quickly. crypto has high fluctuations, especially bitcoin.
however, the price movement of bitcoin so far is only speculation. yes, the development is very fast, and the price is likely to be high even up to $100k or more.
What you need to know before borrowing money is, the risk of this. maybe the price of bitcoin can reach $100k, but what if it's not in the near future, while the money you borrow needs to be returned, monthly, or when the time comes. and how do you deal with this when the bitcoin price has not pumped, or has even fallen deeper. well, all things need to be considered, however you will get a big profit if your strategy is successful. however, the risk is also very big for that. what's more, the current bitcoin price is quite expensive.

[Vannie12]

I do agree that loaning money to invest solely on crypto is not a great idea. Loans need to be paid on the contract signed. When you invest in crypto, you won't have that assurance that you'll accumulate enough to repay the loan itself.
Crypto may be profitable but unless you take more risk to accumulate more, you would have to wait for the long run by just holding.

[Vaculin]

I do agree that loaning money to invest solely on crypto is not a great idea. Loans need to be paid on the contract signed. When you invest in crypto, you won't have that assurance that you'll accumulate enough to repay the loan itself.
Crypto may be profitable but unless you take more risk to accumulate more, you would have to wait for the long run by just holding.

Right. I won't suggest to anyone to take loans for crypto investment as its a very bad decision that you will surely regret in the long run. Remember that the crypto market is very much volatile and even unpredictable so you can't guarantee yourself that you will be profitable after investing. Better invest with your own extra money that you are willing to lose than to borrow money to invest because once you cannot make profits in your target time, then that will make you miserable looking where to pay the loan amount. If that happens, you will be force to sell your coins in a low price and end up losing all your money, time and efforts.