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Author Topic: Maybe good time to loan money to invest in crypto  (Read 698 times)
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December 26, 2021, 04:42:36 PM
 #141

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 

Should you choose to use loans as a means of buying bitcoin, you will quickly make a new friend called interest payments; and you will see how much of your gains get wiped out just from holding that cash you never owned.

Purchase with cash, nothing else.

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December 26, 2021, 08:41:33 PM
 #142

Investments and, what is more, risky investments must be done only using money that you have saved on your own. It is a terrible mistake to take loans and invest borrowed money in crypto. It is impossible to predict for sure the movement of the market in the short term, so it is better to invest in the long term and use your own money.
Truly a mistake if someone does this. Investing the money of others in the form of loan and putting a lot of risk to himself because there's the loan and adding the market volatility.
It's not a good strategy and start if you're investing in the crypto market. Using your own money is very much advisable because if you lose, you can lightly accept it.

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December 26, 2021, 09:24:38 PM
 #143

Investments and, what is more, risky investments must be done only using money that you have saved on your own. It is a terrible mistake to take loans and invest borrowed money in crypto. It is impossible to predict for sure the movement of the market in the short term, so it is better to invest in the long term and use your own money.
Truly a mistake if someone does this. Investing the money of others in the form of loan and putting a lot of risk to himself because there's the loan and adding the market volatility.
It's not a good strategy and start if you're investing in the crypto market. Using your own money is very much advisable because if you lose, you can lightly accept it.
Mistakes in general sense but there are exemptions if you do know on how to repay those debts or loans responsibly because it all matters if someone do able to do so or would fail to do so.
It is just having two possible scenarios could happen along the way thats why we do make out some conclusions directly just because we arent taking loans but for those people
who are in short in finances then i wont really be surprised on having this kind of option which supposed to be placed on last resort.Honestly i have done this stuff
but im just responsible on paying those back whether you do make profits or not.

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blockman
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December 26, 2021, 10:40:26 PM
 #144

Investments and, what is more, risky investments must be done only using money that you have saved on your own. It is a terrible mistake to take loans and invest borrowed money in crypto. It is impossible to predict for sure the movement of the market in the short term, so it is better to invest in the long term and use your own money.
Truly a mistake if someone does this. Investing the money of others in the form of loan and putting a lot of risk to himself because there's the loan and adding the market volatility.
It's not a good strategy and start if you're investing in the crypto market. Using your own money is very much advisable because if you lose, you can lightly accept it.
Mistakes in general sense but there are exemptions if you do know on how to repay those debts or loans responsibly because it all matters if someone do able to do so or would fail to do so.
It is just having two possible scenarios could happen along the way thats why we do make out some conclusions directly just because we arent taking loans but for those people
who are in short in finances then i wont really be surprised on having this kind of option which supposed to be placed on last resort.Honestly i have done this stuff
but im just responsible on paying those back whether you do make profits or not.
If you're responsible enough on paying on time your debt and if you think that you can make it always without any default, you do what's the best in your capability.
But it's common that they did the loan just for investing in the crypto of their choice and don't have any other way of making another source of income which leads them to a bigger debt.

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December 27, 2021, 10:06:46 AM
 #145

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 
That's just a mere speculation and quite impossible to assume that bitcoin would really reach $120k for the year 2022. The market just had reached $68k all time high last month, so that prediction is really too much to expect. And personally, I'm not really going to advice anyone to borrow some money just to invest in bitcoin when especially the market's volatility is really unpredictable so instead of making proifts, chances are you're going to be the reason for someone's loss and buried in tragic debts.
Folks, let's not forget to only invest what we can afford to lose because cryptocurrencies doesn't assure you to make profits.
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December 27, 2021, 06:01:51 PM
 #146

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 
Well said but not really advisable, because no body can tell what cryptocurrency market price can do. It's good to buy at a very low price and sell after pump, but taking loan or borrowing money to invest in cryptocurrency is entirely not advisable because of the higher risk involved. Moreover it's advisable not to invest what you can't afford to loose, and loan money cannot be lost because it's not my personal belonging.
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December 27, 2021, 07:53:52 PM
 #147

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 
Good advise but it's not the best currently because the market can just decides to go completely bearish and never comes up to the particular level, maybe after many months which may make one or the borrower to incur more dept before the market comes to normal. This is not a good idea for me currently. The market is scary right now.

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December 29, 2021, 04:05:57 AM
 #148

Investments and, what is more, risky investments must be done only using money that you have saved on your own. It is a terrible mistake to take loans and invest borrowed money in crypto. It is impossible to predict for sure the movement of the market in the short term, so it is better to invest in the long term and use your own money.
It's too risky to use borrowed money and use it to invest in crypto,
however it is not the right decision and need to consider strongly if making that decision,
It's clear that everyone is responsible for their own decisions
I have known bitcoin since early 2017 and until now I do not dare to use borrowed money to invest in crypto because I understand very well that investing in crypto is an investment that has a very high risk. Market conditions are completely unpredictable and there is no guarantee that the targets you set will be achieved as expected. the best way is to use your own money or you can participate in airdrops or bounties and use the money generated to invest in the crypto of your choice.

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December 29, 2021, 05:29:00 AM
 #149

I think borrowing money to invest in crypto is not the right decision, in the crypto world the risk for loss is quite large. it is better to invest in the world of dead money crypto.
before investing into the crypto world, analyze what coin you choose, learn how the coin will be profitable or lose in the future.

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December 29, 2021, 05:49:15 AM
 #150

I think borrowing money to invest in crypto is not the right decision, in the crypto world the risk for loss is quite large.
You are right, the risk is quite large but it depends on how you handle the risk, otherwise, no one would invest their money here because they only see the risk not the opportunity. If one can borrow money to start a business, I think it's not bad to borrow money to invest in crypto.

it is better to invest in the world of dead money crypto.
before investing into the crypto world, analyze what coin you choose, learn how the coin will be profitable or lose in the future.

Can you explain this words " world of dead money crypto"?
Sorry, I don't get what you are trying t convey.

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December 29, 2021, 06:49:37 AM
 #151

This is a bad advice Grin, I've lost so many profits this year simply because I believe that bitcoin is going to 100k and I don't take the profits later it never happened and I walk away with what I could, the truth is BTC have already did so well since last year 2020 asking for more is just suicidal

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December 29, 2021, 12:37:55 PM
 #152

I think borrowing money to invest in crypto is not the right decision, in the crypto world the risk for loss is quite large. it is better to invest in the world of dead money crypto.
before investing into the crypto world, analyze what coin you choose, learn how the coin will be profitable or lose in the future.

It is definitely not the right decision and not advisable at the same time. I've been trading crypto for a quite long time and not even once did I consider making a loan or borrowing money not in a bank or even in my friend just to invest in cryptocurrency because I know the risk of putting money in crypto. At the same time, we always have reminded here in the forum to only put your money in investment or trading that you are willing or afford to lose, so if that money that you use will come at loan then this is a clear indication that you can't afford to lose it.
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