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Author Topic: Maybe good time to loan money to invest in crypto  (Read 722 times)
Chrystora123
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December 15, 2021, 06:50:15 PM
 #81

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 
without daring to take risks, you will not be successful, Borrow money to invest in a crypto is indeed very risky but if you buy when the market dips and then wait until it's bullish then we will get more profit.  do it wisely..

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December 15, 2021, 07:26:56 PM
Merited by The Sceptical Chymist (3)
 #82

I received an offer from a friend of $5000 some time ago to invest with a profit-sharing agreement, but I turned it down simply because I don't want to risk other people's money even though I'm sure there are plenty of crypto that still have the potential to drive up the price.

I'm still very confident about bitcoin's ATH potential in the next 1 to 2 month, but lately I'm starting to have doubt about it given that FUD continues to grow. There is a risk involved when borrowed money is used to invest because basically the borrower just wants to make a profit without being responsible for losses due to market volatility. I won't be doing it anytime soon, but will consider it in the future and maybe before the next halving. There is no certainty in this investment, especially if we do not do it in the long term and the average borrower cant provide loans without real results within 5 to 1 year of loan time.

 
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December 15, 2021, 07:41:18 PM
Merited by Mpamaegbu (1)
 #83

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 
I think this is too risky for such an investment because we all know that crypto is a volatile market and we don't know when we're gonna get our profit from investing our our money. We may have the chance to get profit but the chance of losing the money we borrow is too hard to get back. Investment is only for people who has extra money who are willing to lose it in an instant.

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December 15, 2021, 08:31:59 PM
 #84

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 

If only things are easy to predict, we won't have any problems.

What you said will be underlying in the situation of "what if". It's a good plan but only if things will go directly the way you want. I won't contradict or stop if someone wants to make a loan to take advantage of the price dip. People themselves know their financial capability and ability to pay those loans compare to us. If you think you can handle the risks and you are well-prepared to deal with any future problems, it's your decision.

It's your money after all.

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December 15, 2021, 08:44:33 PM
 #85

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 the loan and u are in profit.
Next year as we all know ATH 
Yes sure try it once and the market will teach you the Lesson to take this excessive leverage. Never ever try to gamble in this market, it's a very risky market that really has the potential to dismantle your whole life if you don't play it intelligently. You are saying that it might reach an all-time high but there are good chances that the market might move south altogether and you might face huge loss and eventually, you are stuck in a debt trap when the market becomes bearish even metaverse or web 3.0 tokens aren't really able to do anything they will go from $10 to $2 and then to $6 claiming a 3x return but eventually you still are 40% down.
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December 15, 2021, 08:57:18 PM
 #86

Taking out loans, selling your apartments in order to invest in cryptocurrency is a bad idea.  I think it is worth investing in coins only the money that you do not mind throwing out the window at the moment.  This will help you maintain your mental health in case of failure.  I know a lot of sad stories of people in 2018, when they took out loans secured by an apartment.  Everyone knows how it ended.  It is not worth investing more than you can afford.  If you are unlucky enough to get rich, you will still have to pay back your debts. 
This is my subjective opinion)
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December 15, 2021, 09:03:47 PM
 #87

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  

If only things are easy to predict, we won't have any problems.

What you said will be underlying in the situation of "what if". It's a good plan but only if things will go directly the way you want. I won't contradict or stop if someone wants to make a loan to take advantage of the price dip. People themselves know their financial capability and ability to pay those loans compare to us. If you think you can handle the risks and you are well-prepared to deal with any future problems, it's your decision.

It's your money after all.
Well, the last decision will still be in your own hands. But knowing that this market is very much unpredictable, taking loans to invest is never a good idea as it will only make your life miserable paying your debt because there is not fixed month or year when you will make profits. I know this is a great time to invest in crypto but invest on your extra money that you can afford to lose. In times like this where the market is constantly dumping, the scenario just looks the same with gambling as you really don't know when to make profits, and better prepare for losses once you start panic selling.
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December 15, 2021, 09:10:46 PM
 #88

Taking out loans, selling your apartments in order to invest in cryptocurrency is a bad idea.  I think it is worth investing in coins only the money that you do not mind throwing out the window at the moment.  This will help you maintain your mental health in case of failure.  I know a lot of sad stories of people in 2018, when they took out loans secured by an apartment.  Everyone knows how it ended.  It is not worth investing more than you can afford.  If you are unlucky enough to get rich, you will still have to pay back your debts. 
This is my subjective opinion)
I do even see my neighbor on selling their livestocks like carabaos,cows and other farm animals for them to invest on crypto? I have seen it on early 2018
until the price gets crashing and did really result into that extreme stress and anxiety because they hadn't expected that they would really be experiencing
such loss.

They do even panic sell with those coins without tending to hold it for at least on some recovery but actually did the opposite.

Now they do hated up on investing or dealing or even touching with crypto leaving out behind those bad impressions which is sad.

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December 15, 2021, 09:23:55 PM
 #89

If for me borrowing money for investment would be the last option and I will consider it too,
investing alone is not always profitable and the risks are also big especially this is about crypto,
more or less like that maybe what i will do
It would be the same for me. If I was a business owner and I was getting a loan just to expand my business with the hopes of a bigger return then I would definitely do it. Loans are a natural part of a business owners life cycle and you need to keep being in debt to keep growing your company constantly, if you are not taking any loans then you are not growing at good enough pace.

Every single major company in the world has debt, or at least almost all of them, why? Because it is wiser to be debt now and grow your company, then wait to collect enough cash to grow. In the end when you take out a  3-5 year loan, by the time you finish paying, it will be small change for you if you used it smartly. However, if you do it on investment, you need to keep paying that debt from the investment sell offs and that will never be a great one unless you got super lucky.
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December 16, 2021, 02:00:03 AM
 #90

Cryptocurrency fluctuates greatly, and its price is unpredictable. Borrowing money for investment is not recommended because it has higher risks.
So invest within the scope of your own funds, otherwise it will increase a certain burden.
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December 16, 2021, 09:14:19 AM
 #91

Cryptocurrency fluctuates greatly, and its price is unpredictable. Borrowing money for investment is not recommended because it has higher risks.
So invest within the scope of your own funds, otherwise it will increase a certain burden.
Exactly. Borrowing money is not always a good option because it will only give us burden in the latter part knowing there is no fixed income in crypto and there's no even fixed dates when to make profits. So never invest if you just take loans, only invest on the amount you can afford to lose. The market is definitely a good time to invest but since its always unpredictable, so there will be no guarantees that we will make profits right after we invest. Of course we will make profits in crypto but it takes time before we can enjoy the profits.

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December 16, 2021, 09:17:23 AM
 #92

Cryptocurrency fluctuates greatly, and its price is unpredictable. Borrowing money for investment is not recommended because it has higher risks.
So invest within the scope of your own funds, otherwise it will increase a certain burden.
It's true borrowing money to invest in crypto is certainly not the right choice,
The big risk of crypto I think is a strong consideration for everyone not to do that,
but sometimes to make a profit you need to take a risk

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December 16, 2021, 02:30:19 PM
 #93

bad decision if you loan to invest in something. i am not aaying that the price cant go higher, but you need to think realistically. about pay interest every month, if you are work, you need to set aside much portion, think about how crazy it is. if you can borrow, this time, right now, than in one or second day after you get max profit, you can do it.
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December 16, 2021, 03:09:18 PM
 #94


Buy few metaverse few top coins maybe web3 and u wait ATH and you sell it.


How do you determine ATH? This has been an issue with many hodlers. They hodl and wait for top or ATH but soon they know the price starts to drop faster and faster until they get discouraged to sell and again they wait for another circle of ATH.So you have means you know the ATH?

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December 16, 2021, 04:13:26 PM
 #95

what is the basis of your analysis saying that $120,000 will be achieved by BTC. I do not condone borrowing money to invest in Crypto, as this is very risky to the finances we save for other emergency needs. the future of crypto cannot be predicted with certainty, sometimes in the next year there will be a dump or pump for a long period of time. You see, after borrowing and investing, the market collapsed. this will make us sell everything to pay off debts, even what we have will be sold out.

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December 16, 2021, 07:01:39 PM
 #96

Crypto is too risky to invest with borrowed asset. The market is never stable which means you might borrow and the trend reverses against you which still means you have to wait for a pullback before you can withdraw to payback. It's best to invest with your own funds so whatever comes out of the market you wouldn't be in complete loss
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December 16, 2021, 09:23:16 PM
 #97

I have since repented from borrowing money to invest in crypto. I borrowed money in 2018 to invest in crypto, I almost got into depression because of bad debt. I had to cry to heaven for help, well God did helped me. I paid off the debt and have enough till date. I will never again, I have since learnt to be levearging on what I have it.
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December 16, 2021, 09:24:34 PM
 #98

Cryptocurrency fluctuates greatly, and its price is unpredictable. Borrowing money for investment is not recommended because it has higher risks.
So invest within the scope of your own funds, otherwise it will increase a certain burden.
It's true borrowing money to invest in crypto is certainly not the right choice,
The big risk of crypto I think is a strong consideration for everyone not to do that,
but sometimes to make a profit you need to take a risk
I would say that there are risks and there are silly moves and you should not compare the two. If you are taking out a loan and you think you can pay it back without a problem by simply investing, then you need to remember that you are going to end up with a huge loss if the price falls. You need some sort of assurance that you will not lose a lot of money, and crypto can't give that to you.

If you really want to, you could take out some loan and put it on staking or something like that and hope that it will pay you back, but most people forget that the returns of that is not equal to your debt so you will pay more monthly in that way and end up with a loss unless whatever you are staking increases as well. It is a very difficult position to be in and I highly doubt that people would be able to find anything that would make it more profitable that way.
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December 16, 2021, 10:06:27 PM
 #99

Cryptocurrency fluctuates greatly, and its price is unpredictable. Borrowing money for investment is not recommended because it has higher risks.
So invest within the scope of your own funds, otherwise it will increase a certain burden.
It's true borrowing money to invest in crypto is certainly not the right choice,
The big risk of crypto I think is a strong consideration for everyone not to do that,
but sometimes to make a profit you need to take a risk
I would say that there are risks and there are silly moves and you should not compare the two. If you are taking out a loan and you think you can pay it back without a problem by simply investing, then you need to remember that you are going to end up with a huge loss if the price falls. You need some sort of assurance that you will not lose a lot of money, and crypto can't give that to you.

If you really want to, you could take out some loan and put it on staking or something like that and hope that it will pay you back, but most people forget that the returns of that is not equal to your debt so you will pay more monthly in that way and end up with a loss unless whatever you are staking increases as well. It is a very difficult position to be in and I highly doubt that people would be able to find anything that would make it more profitable that way.
how many months does the borrower wait for ATH while the loan will continue to swell with the interest rate set every month, I think trading digital assets that are already at risk should not be overlapped with other risks so that they do not overlap even though we must dare to take risks
invest smartly if you have to go into debt, it's better to be in debt with our ability to pay monthly / sell other assets that are rarely used such as jewelry so that our crypto assets are safe in the long term

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December 16, 2021, 10:46:38 PM
 #100

Cryptocurrency fluctuates greatly, and its price is unpredictable. Borrowing money for investment is not recommended because it has higher risks.
So invest within the scope of your own funds, otherwise it will increase a certain burden.
It's true borrowing money to invest in crypto is certainly not the right choice,
The big risk of crypto I think is a strong consideration for everyone not to do that,
but sometimes to make a profit you need to take a risk
I would say that there are risks and there are silly moves and you should not compare the two. If you are taking out a loan and you think you can pay it back without a problem by simply investing, then you need to remember that you are going to end up with a huge loss if the price falls. You need some sort of assurance that you will not lose a lot of money, and crypto can't give that to you.

If you really want to, you could take out some loan and put it on staking or something like that and hope that it will pay you back, but most people forget that the returns of that is not equal to your debt so you will pay more monthly in that way and end up with a loss unless whatever you are staking increases as well. It is a very difficult position to be in and I highly doubt that people would be able to find anything that would make it more profitable that way.
how many months does the borrower wait for ATH while the loan will continue to swell with the interest rate set every month, I think trading digital assets that are already at risk should not be overlapped with other risks so that they do not overlap even though we must dare to take risks
invest smartly if you have to go into debt, it's better to be in debt with our ability to pay monthly / sell other assets that are rarely used such as jewelry so that our crypto assets are safe in the long term
When you taken up some loan and made out some investments and tending to wait up for some bull run in price before you do harvest out profits then it would really be a bad idea and as mentioned on where monthly interest of your taken loan would swell up and if you dont have various sources for it to be paid then that would really be a big problem thats why there would really be lots of reconsideration first before making step specially in talking about loans and this is something
a crucial thing to be done if you do have doubts on repaying those in the right time then better not to do it.

R


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