I tired of Banks my experince with nyc high value Property

[Smack That Ace]

I will prefer people to DCA bitcoin. If they want to DCA altcoins, they should be careful and look for the good ones. Altcoins can be very volatile and some of them can become shit coins and later become dead. I will prefer bitcoin.

You mean people will borrow money from bank and bank will demand high profit from them to pay back. That is true. But some people borrow from bank and they are able to pay back after they use the money for the business they want to use it to do. Some  people use it for business and the business did not bring any good return and they have no other means than for the bank to sell what they used as collateral.

You can invest in bitcoin and make money, but have you forgotten that you need money to invest in bitcoin? If you can start a business without borrowing from bank, that would be better. Not also good to borrow money to invest in bitcoin or any other cryptocurrencies.

Borrowing money from the bank has a high interest rate that they will charge for sure if you build a business that you want. If you're just going to borrow from the bank, I think it's safer to put what you owe to invest in Bitcoin than to put it in a traditional business that you know.

At least with Bitcoin, we know something about it, somehow we are sure that the rise of its value in the market has a destination, yes, we have a risk due to volatility, but we know that the price value will really increase. especially since there is an upcoming Bitcoin halving and an upcoming bull run by next year.

You are giving advice to borrow money to invest in bitcoin rather than doing business, are you serious? You said you know about bitcoin, so what do you know about bitcoin? What evidence do you have to prove with certainty that bitcoin will rise again in the future, and when exactly?

Without history there is no future, but there is no guarantee that history will always repeat itself and history does not represent the future. Don't just look at history to be sure of something in the future, if investing in bitcoin is so easy, why do people lose so much?

Borrowing money to invest or do business is not a bad thing, but it will be bad advice when we do not know their economic situation and hastily give advice to borrow money. By the way, are you borrowing money to invest?

[Despairo]

Borrowing money from the bank has a high interest rate that they will charge for sure if you build a business that you want. If you're just going to borrow from the bank, I think it's safer to put what you owe to invest in Bitcoin than to put it in a traditional business that you know.

At least with Bitcoin, we know something about it, somehow we are sure that the rise of its value in the market has a destination, yes, we have a risk due to volatility, but we know that the price value will really increase. especially since there is an upcoming Bitcoin halving and an upcoming bull run by next year.

There's no 100% guarantee Bitcoin price will increase after halving, so make sure you're invest in Bitcoin using borrowed money very carefully. You need to assume Bitcoin price will down to zero and what you will do after that to repay back the loaned money + interest rate.

Borrowing money from bank is good as long as you understand about it, watch Robert Kiyosaki's saying where he borrow money in order to evade paying tax.

[traderethereum]

Borrowing money from the bank has a high interest rate that they will charge for sure if you build a business that you want. If you're just going to borrow from the bank, I think it's safer to put what you owe to invest in Bitcoin than to put it in a traditional business that you know.

At least with Bitcoin, we know something about it, somehow we are sure that the rise of its value in the market has a destination, yes, we have a risk due to volatility, but we know that the price value will really increase. especially since there is an upcoming Bitcoin halving and an upcoming bull run by next year.

If he only put what he owes to invest in bitcoin, that will still be risky because the market is still unpredictable and no one will know when the market will get a bull run.
Meanwhile, he still needs to pay his debts to his banks and without having an income, he will find it difficult to repay his debts.
The interest from his bank can be higher depending on how much money he wants to borrow and how long the time he will repay the debts so he needs to search for a way about how he can have money to repay the debts.
If he wants to use DCA to invest in bitcoin, that will be fine but he needs to determine when to buy gradually.

[Mauser]

My conclusion is i'll just make Even better money with staking smart way dca % cryptocurrency.

For anybody with limited finances this is the best approach to investments in my opinion. Buying a property in New York sounds like a great deal, but this requires a lot of finances and for the majority of people this is not really an option. The advantage of investing in crypto currencies is that we can do this already with small amount. When saving a few hundred USD, or even 10k USD we could be building a nice crypto portfolio with good returns. Using that kind of money for a real estate deal would get us nowhere. It's hard to compare these two options because one requires to take out loans that might run for 30 years, whereas the crypto investments can be sold and bought everyday. Also using DCA seems the best approach for me to buy crypto currencies over a long period of time instead of making one big purchase today.

[Silberman]

For anybody with limited finances this is the best approach to investments in my opinion. Buying a property in New York sounds like a great deal, but this requires a lot of finances and for the majority of people this is not really an option. The advantage of investing in crypto currencies is that we can do this already with small amount. When saving a few hundred USD, or even 10k USD we could be building a nice crypto portfolio with good returns. Using that kind of money for a real estate deal would get us nowhere. It's hard to compare these two options because one requires to take out loans that might run for 30 years, whereas the crypto investments can be sold and bought everyday. Also using DCA seems the best approach for me to buy crypto currencies over a long period of time instead of making one big purchase today.

At the same time it is difficult to know if the real estate market will keep being as strong as it was, on the past people needed to be close to their jobs in order to get there on time, this force people to buy properties for a high price they may not like simply for their jobs, but now that many people can work online then this trend is changing, as you can move out to a part of your country which is cheaper and still make the same amount of money, so if I were to guess those expensive properties on NY could eventually go down in value and not be a good investment.