Buy Buy Buy or Sell Sell Sell?

[sotelorene]

Bitcoin should not be bought aggressively, then again you said that it is a completely wrong move to invest in Bitcoin by borrowing. Whether it is for long-term investment, you should never invest in Bitcoin by borrowing, because if the price of Bitcoin is dumped for a short period of time, then you will face losses from both sides.
So you invest a small amount of money weekly following the DCA method but you can invest only with the money you have, there is no limit to this. Because if you ever buy aggressively in Bitcoin investment, then you will face losses.

So let's give a live illustration on this to know if it is actually a bad idea to borrow money and invest in Bitcoin or not.

So assuming you took a loan of $1000 in 2015 from bank to pay back after 10years with a yearly interest of 25% per annum. Which means after 1yr your expected 25% interest rate per annum is said to be (i.e 25/100 x $1000 = $250), and in 10years, your expected 25% interest rate is meant to be (i.e $250 x 10 = $2500). Which means after 10years your expected total interest rate for the $1000 you took is meant to pay should be $3500.

And assuming you invested the whole $1000 you borrowed in 2015 in Bitcoin when it's value was still around $320 per BTC, and you bought 3 Bitcoin and held for the 10yrs, by today, that should be roughly over $300,000 worth of Bitcoin today. So assuming you borrowed $1000, and made $300,000 after 10years and you paid back your loan of $3500 and left with $295,500.

What will you call such investment, will you say it was worth it or not?

I know that risk are worth taken but how would you have known that bitcoin will get to this price which would have prompted you to borrow money to buy it when you know that it's future is not certain whether it will increase in value. Just because we have seen the growth of bitcoin does not mean that we should begin to make some assumption about the past. How would you borrow money to pay in 10 years time, who will even borrow you that money with a long loan repayment duration, unless you are lucky and such person just wanted to help you.

You don't seems to believe in Bitcoin potential, it is fine and remember no one is forcing anybody to invest in Bitcoin rather you should make your choice and decision yourself. I know back then in 2009, 2010, 2011 etc that was how most people was saying all sorts of things about Bitcoin especially the potential, they doubted about it and some even questioned it but now they are regretting why they didn't invest.

Like I said they are not forcing or imposing on anyone to invest in Bitcoin as a matter of fact the money to use in Bitcoin is not something that will affect us tomorrow rather it is money we won't think of using in years time that is a leftover money after all needs have been taken care of. It is stupid to borrow money and hoping to use your investment profit to repay back the loan or borrowed money.

[Graph001]

Bitcoin should not be bought aggressively, then again you said that it is a completely wrong move to invest in Bitcoin by borrowing. Whether it is for long-term investment, you should never invest in Bitcoin by borrowing, because if the price of Bitcoin is dumped for a short period of time, then you will face losses from both sides.
So you invest a small amount of money weekly following the DCA method but you can invest only with the money you have, there is no limit to this. Because if you ever buy aggressively in Bitcoin investment, then you will face losses.

Taking loan to invest in bitcoin is not a bad idea as you think. It is only a bad idea when you are expecting a short term profit from your bitcoin investment to repay the loan.nevertheless , if an investor is expecting money from another source other than there bitcoin investment then it won't be wrong to take loan for this purpose. Also talking about losing money whenever there is a dump, is not true. It is only possible for an investor to lose money when they rushed to sell off there bitcoin whenever there is a dump.

It is never completely wrong to invest using debt, but you should keep in mind that you have a separate arrangement for repaying the debt you are investing with, and even if you invest with debt, you must move forward only with a long-term mindset, not for short-term gains, but for the purpose of accumulating long-term wealth. When you can prepare yourself for these things, then you can definitely invest with debt. Risks are everywhere, but you have to be there responsibly. If someone expects to make immediate profits from Bitcoin, that is basically the wrong decision and this decision can expose him to more losses, especially if he has invested in Bitcoin with debt.

Exactly, anyone who take loan and Invest in Bitcoin hoping to use that money invested in Bitcoin to repay back that loan is really making a very big mistake because it automatically means they are investing for short term that is trading and the reason why they are making a very big mistake is that Bitcoin movement in the next minute can not be predicted exactly or correctly and so if peradventure Bitcoin dip after investing the loan money they will sell in loss meaning they will still be on debt so anyone who is going to borrow or loan should have alternative to use to repay.

You're absolutely right. Borrowing money to invest in Bitcoin is a dangerous financial mistake because you're obligated to repay the loan regardless of whether your investment gains or loses. If Bitcoin drops in value you'll still owe the full debt plus interest potentially leaving you worse off. Bitcoin's price movements are unpredictable in the short term making it unsuitable as a source of loan repayment. Anyone taking a loan should have a separate reliable income source to repay it. Someone should never depend on speculative investments to cover debt obligations.

[Chinesebaby]

it is a completely wrong move to invest in Bitcoin by borrowing. Whether it is for long-term investment,

So let's give a live illustration on this to know if it is actually a bad idea to borrow money and invest in Bitcoin or not.

So assuming you took a loan of $1000 in 2015 from bank to pay back after 10years with a yearly interest of 25% per annum. Which means after 1yr your expected 25% interest rate per annum is said to be (i.e 25/100 x $1000 = $250), and in 10years, your expected 25% interest rate is meant to be (i.e $250 x 10 = $2500). Which means after 10years your expected total interest rate for the $1000 you took is meant to pay should be $3500.

And assuming you invested the whole $1000 you borrowed in 2015 in Bitcoin when it's value was still around $320 per BTC, and you bought 3 Bitcoin and held for the 10yrs, by today, that should be roughly over $300,000 worth of Bitcoin today. So assuming you borrowed $1000, and made $300,000 after 10years and you paid back your loan of $3500 and left with $295,500.

What will you call such investment, will you say it was worth it or not?

This isn't a very bad analysis when you really look at it, but this calculation was done in hindsight with knowledge of how bitcoin performed over the last decade,

So with how Bitcoin has performed over the years, do you still need a soothsayer or magician to tell you it has got potential to perform even better in the next interval of same years? Because to be sincere enough, I literally think you absolutely don't need any further conviction regarding how Bitcoin stand to perform in the next near future. Because the same way people in 2015 procrastinated and never took Bitcoin seriously, and now regretting today, that's the same exact way people in 2040 will also regret not buying and holding their Bitcoin till 2040. So in a nutshell, I will always and strongly agree to the fact that though taking a loan is kind of risky, but investing it in Bitcoin as you hold for a longer timeframe of 5 to 10yrs is absolutely worth it. Because Bitcoin is not like forex trading where your capital gets liquidated, but rather a decentralized digital currency whose current value only likely to appreciate or depreciate in value with respect to demand and supply.

[Qhunman]

As a newbie wether it is trading or investing,  one must have the bravery of accepting risks when the centre cannot hold and things begin to fall apart.
Its not a matter of life and death - rather ups and sometimes down (which eventually you will get back up from). This is the reason, it is not adviceable to go as far as borrowing huge sums to either trade or invest in digital currencies, truth is they can be I unpredictably volatile.

To be successful in investing in Bitcoin, It is very important to adopt strategies along with knowledge. You need to understand that Bitcoin is volatile and the price of Bitcoin fluctuates rapidly, so investing in the crypto market can lead to a fall. It is wise to control your emotions and keep a cool head, adapt to any situation in the market, and wait patiently for good times. Investing with debt is risky. It cannot be said for sure that you will get 100% profit by investing in Bitcoin. You have to use Discretionary earning for Bitcoin investment and patiently make small investments and hold on for the long term, no matter how bad the market situation is, you cannot get disappointed, success can be achieved by waiting for good times.

Using the term 'Investing in crypto' instead of Bitcoin is wrong because investing in crypto also means investing in Shitcoins, newbies will start having the wrong mindset,thinking Bitcoin is the same as Shitcoins in the market.

In other for an investor to avoid mistakes that may jeopardize his future plans & target in Bitcoin, learning/acquiring the basics knowledge about Bitcoin is a must. If he doesn't understand how Bitcoin works,he will make big mistakes that will force him to sell his Bitcoin investment early. For instance, Do you know some persons still think of Bitcoin as a ponzi scheme/ money doubler where they can invest little money,hoping to make 2x of their capital as profits in a short time,if the market starts showing Red,they will start panic thinking the system is about to crash,and they will be Force to sell out of fear.

[Riginac111]

With a debt hovering over your head, there’s a high chance you wouldn’t have been able to hold for that long. The pressure of loan repayment, changing market conditions coupled with personal expenses could easily make you sell too early, probably long before Bitcoin reached its peak. So yes, the numbers look amazing on paper, but the psychological and financial stress of owing money can ruin even the best investment plan.

That’s why, even though the potential gain is tempting, I still wouldn’t advise anyone to borrow money just to invest. It’s always better to invest within your means, stay patient, and let time work in your favor. Slow and steady wins in Bitcoin, without the burden of debt chasing you around.

You seems to be making a good point, but I want to make it very clear to you that this can only happen if you can't afford the loan. Taking a loan to invest in Bitcoin should be on a terms where you have others means of paying it back without any problem,

You are on good point, borrowing to invest on Bitcoin is risk because won't know the outcome of the investment, and secondly someone you borrowed from won't exercise patient until when you will make profit before you pay back the money you borrowed to invest in bitcoin,

As you said that if you borrow and invest on bitcoin, the borrower should have another source of paying back, if the borrower don't have another source to pay back and wait for when it will make a profit from bitcoin it invested on, that may bring problem between the person he borrowed from, so the best way is to have another source sort out the borrowed funds use to invest for bitcoin

[Fuso.hp]

With a debt hovering over your head, there’s a high chance you wouldn’t have been able to hold for that long. The pressure of loan repayment, changing market conditions coupled with personal expenses could easily make you sell too early, probably long before Bitcoin reached its peak. So yes, the numbers look amazing on paper, but the psychological and financial stress of owing money can ruin even the best investment plan.

That’s why, even though the potential gain is tempting, I still wouldn’t advise anyone to borrow money just to invest. It’s always better to invest within your means, stay patient, and let time work in your favor. Slow and steady wins in Bitcoin, without the burden of debt chasing you around.

You seems to be making a good point, but I want to make it very clear to you that this can only happen if you can't afford the loan. Taking a loan to invest in Bitcoin should be on a terms where you have others means of paying it back without any problem, and you must be in a situation whereby even if your investment fail, you can still be able to payback the loan, that's when you take loan not from the place of pure lack, thinking that it's going to free you or buys more time for you.
Taking a loan to invest in Bitcoin should only be under the ground of leveraging or front loading your Bitcoin investment not from the place of lack, so ask yourself this question before taking a loan to invest in Bitcoin, will I be able to pay back easily even though my Bitcoin investment fails?
If you can pay it regardless of the outcome of your investment, then taking a loan is not a bad idea bro

When we need to borrow money from others, they ask us to repay the loan within a certain period of time, in most cases, no one wants to lend without interest. If we do not have a loan from the bank, then we have to pay a certain amount of interest to the bank and I think it would not be a logical decision to invest in Bitcoin by taking a loan from the bank because if we cannot repay the bank loan on time, the bank will put pressure on us, as a result of which all the investment plans may get messed up. ‌
I actually do not like going to the trouble of taking a loan for investment, but I like to be satisfied with what I have. I am sure that if I buy more Bitcoins by taking a loan, I will not be able to sleep peacefully, I will not be able to move forward with the right plan, that is why I always refrain from investing in Bitcoin by taking a loan.

[Sticky Bomb]

Bitcoin should not be bought aggressively, then again you said that it is a completely wrong move to invest in Bitcoin by borrowing. Whether it is for long-term investment, you should never invest in Bitcoin by borrowing, because if the price of Bitcoin is dumped for a short period of time, then you will face losses from both sides.
So you invest a small amount of money weekly following the DCA method but you can invest only with the money you have, there is no limit to this. Because if you ever buy aggressively in Bitcoin investment, then you will face losses.

It is not bad to accumulate Bitcoin aggressively, there are investors who accumulate even aggressively when there is a dip, where it's problematic is when you overly do it in a way that it will now affect your Bitcoin investment which might get you kick off in the market so accumulating aggressively is allowed without doing it over.

Aggressiveness in your Bitcoin accumulation journey isn't something to be done when there is a dip alone but throughout your periodic buys. If you maintain aggressiveness without overdoing it, you'll still be able to buy aggressively during a dip too. It might be practical to want to get more Bitcoin during a dip, then you can save towards it separately or from leaving out some percentage of your regular buys overtime. Again if you want to be lump sum on a fine dip, you may source out a very soft loan with a good interest rate which you can still pay comfortably independent of your portfolio and lump sum on the dip for more quantities.

[jems]

Bitcoin should not be bought aggressively, then again you said that it is a completely wrong move to invest in Bitcoin by borrowing. Whether it is for long-term investment, you should never invest in Bitcoin by borrowing, because if the price of Bitcoin is dumped for a short period of time, then you will face losses from both sides.
So you invest a small amount of money weekly following the DCA method but you can invest only with the money you have, there is no limit to this. Because if you ever buy aggressively in Bitcoin investment, then you will face losses.

It is not bad to accumulate Bitcoin aggressively, there are investors who accumulate even aggressively when there is a dip, where it's problematic is when you overly do it in a way that it will now affect your Bitcoin investment which might get you kick off in the market so accumulating aggressively is allowed without doing it over.

Aggressiveness in your Bitcoin accumulation journey isn't something to be done when there is a dip alone but throughout your periodic buys. If you maintain aggressiveness without overdoing it, you'll still be able to buy aggressively during a dip too. It might be practical to want to get more Bitcoin during a dip, then you can save towards it separately or from leaving out some percentage of your regular buys overtime. Again if you want to be lump sum on a fine dip, you may source out a very soft loan with a good interest rate which you can still pay comfortably independent of your portfolio and lump sum on the dip for more quantities.

There are various ways to accumulate Bitcoin, and none are wrong as long as we are responsible. Essentially, all investments will be successful if we don't stop before reaching our target.
Buying regularly in any amount, using cash earned after meeting daily needs, is the most appropriate step. However, if we want to be aggressive, there's nothing wrong with using any amount of money. However, we must be responsible and not stop our investments, especially just to cover loans taken out to buy Bitcoin. So, it's better to take out debt with a term or agreement that we can repay with other income to buy more Bitcoin during bear market times.

[Gallar]

Yes, for people who want to make a quick profit, trading in shitcoins is indeed an option, but it is very risky. In addition, I am personally quite sure that the majority of traders know and believe that bitcoin is the best and that holding it in the long term will certainly yield good results. However, they choose not to invest, perhaps because they are tempted by the extreme volatility that shitcoins always exhibit. They may assume that doubling their assets in shitcoins is quick. In reality, it is not as easy as imagined, as the failure rate in shitcoin trading is extremely high.

Trading or investing in shit is very risky because of it volatility, and if you make your own research about it, it shows that they are created for gambling purpose, so it's more of gambling since the chances of you losing your money is way higher than the chances of you making money from it.

Those that trade or invest in shit coin heavily even when they are aware of it danger, are the most stupid set of people because  they let greed blind their sense of reasoning to the point of self destruct without them knowing, that's why I will never feel sorry for such person because they must surely reap what they sowed.

Yes, broadly speaking, I agree with your assumption, because the actions they take must be accepted with all the risks involved. So, from this perspective, why should we feel sorry for them? But personally, I don't feel that way, and I still have empathy for people like that. Because maybe they want to improve their financial situation. But they are misguided and too eager for quick riches, which is why they chose to become crypto traders. Personally, I don't want to blame anyone in this context, because it was their decision.

But honestly, I still feel sorry for people who fail at trading cryptocurrency. Because basically, they were fooled and their money was taken from them very quickly. That’s why I now say that investing in Bitcoin is the path with the least risk we can take to ensure our money grows in value over time. Although it’s not instant, believe me, something we build with hard work will definitely yield much better results. And that’s the essence of it.

[LOCKACO]

Bitcoin should not be bought aggressively, then again you said that it is a completely wrong move to invest in Bitcoin by borrowing. Whether it is for long-term investment, you should never invest in Bitcoin by borrowing, because if the price of Bitcoin is dumped for a short period of time, then you will face losses from both sides.
So you invest a small amount of money weekly following the DCA method but you can invest only with the money you have, there is no limit to this. Because if you ever buy aggressively in Bitcoin investment, then you will face losses.

So let's give a live illustration on this to know if it is actually a bad idea to borrow money and invest in Bitcoin or not.

So assuming you took a loan of $1000 in 2015 from bank to pay back after 10years with a yearly interest of 25% per annum. Which means after 1yr your expected 25% interest rate per annum is said to be (i.e 25/100 x $1000 = $250), and in 10years, your expected 25% interest rate is meant to be (i.e $250 x 10 = $2500). Which means after 10years your expected total interest rate for the $1000 you took is meant to pay should be $3500.

And assuming you invested the whole $1000 you borrowed in 2015 in Bitcoin when it's value was still around $320 per BTC, and you bought 3 Bitcoin and held for the 10yrs, by today, that should be roughly over $300,000 worth of Bitcoin today. So assuming you borrowed $1000, and made $300,000 after 10years and you paid back your loan of $3500 and left with $295,500.

What will you call such investment, will you say it was worth it or not?

That’s a humongous lump of profit, no doubt about it, the kind of return people dream about. However, in reality, things don’t always play out that smoothly. With a debt hovering over your head, there’s a high chance you wouldn’t have been able to hold for that long. The pressure of loan repayment, changing market conditions coupled with personal expenses could easily make you sell too early, probably long before Bitcoin reached its peak. So yes, the numbers look amazing on paper, but the psychological and financial stress of owing money can ruin even the best investment plan.

That’s why, even though the potential gain is tempting, I still wouldn’t advise anyone to borrow money just to invest. It’s always better to invest within your means, stay patient, and let time work in your favor. Slow and steady wins in Bitcoin, without the burden of debt chasing you around.

this is true, but it all still depends on your countries economic growth rate, in a country for instance where the economy is diminishing, taking a loan is to the advantage of who is taking it not to the bank and more still if the interest is fixed to a long-term payment period of about 3 to 4 year then it's even a better idea to do so, when you take a loan of a million and the payment is equal to a million and half in 4 years, then it won't really be much of a big deal, since bitcoin continues to go higher every day, buy in a country where the economic growth is rising rapidly then it might be a bad idea if you don't have a different means to paying back

[abaeze]

You're absolutely right. Borrowing money to invest in Bitcoin is a dangerous financial mistake because you're obligated to repay the loan regardless of whether your investment gains or loses. If Bitcoin drops in value you'll still owe the full debt plus interest potentially leaving you worse off. Bitcoin's price movements are unpredictable in the short term making it unsuitable as a source of loan repayment. Anyone taking a loan should have a separate reliable income source to repay it. Someone should never depend on speculative investments to cover debt obligations.

At one time I thought it was stupid to take a loan to invest in Bitcoin, but now after looking at the strategies of various companies in the current situation, I think it is a smart decision to take a loan to invest in Bitcoin. Because loans can be dangerous when the loan is taken out of poverty or desperation. In other words, if someone has other ways to repay the loan such as job/business or savings, then taking a loan for leverage or front loading is a smart choice just to bring forward the time to hold Bitcoin.

The possibility or fear of loss will be if someone takes a loan as a last resort due to lack of money and invests with that loan, then it is a very risky decision for him because if the price drops, he will not be able to repay the loan and then the investment will become a pain for all those people.

Eventually, don't invest in Bitcoin with a loan taken out as a last resort to meet needs or survive. If you know you have the ability to repay the loan even if it "looks like the investment will fail," and if that loan was previously used as a strategy to invest in Bitcoin, then it's okay to borrow money and invest in Bitcoin.

[zaim7413]

You're absolutely right. Borrowing money to invest in Bitcoin is a dangerous financial mistake because you're obligated to repay the loan regardless of whether your investment gains or loses. If Bitcoin drops in value you'll still owe the full debt plus interest potentially leaving you worse off. Bitcoin's price movements are unpredictable in the short term making it unsuitable as a source of loan repayment. Anyone taking a loan should have a separate reliable income source to repay it. Someone should never depend on speculative investments to cover debt obligations.

At one time I thought it was stupid to take a loan to invest in Bitcoin, but now after looking at the strategies of various companies in the current situation, I think it is a smart decision to take a loan to invest in Bitcoin. Because loans can be dangerous when the loan is taken out of poverty or desperation. In other words, if someone has other ways to repay the loan such as job/business or savings, then taking a loan for leverage or front loading is a smart choice just to bring forward the time to hold Bitcoin.

The investment strategies and funding sources used by institutional investors differ significantly from those of retail investors. If you want to follow in their footsteps, you'll need a stable income, sufficient savings, and a clear investment strategy. If you can afford to repay the loan and interest, taking out a loan to invest in Bitcoin can be a smart choice.
Once you have the ability to repay the loan and interest, you can use leverage to increase your potential profits from investing in Bitcoin.
As long as you are disciplined in investing and use a clear strategy to manage risk and maximize potential profits, then all concerns can be controlled, such as price fluctuations and a clear source of funds to repay loans.

[S item 9]

Bitcoin should not be bought aggressively, then again you said that it is a completely wrong move to invest in Bitcoin by borrowing. Whether it is for long-term investment, you should never invest in Bitcoin by borrowing, because if the price of Bitcoin is dumped for a short period of time, then you will face losses from both sides.
So you invest a small amount of money weekly following the DCA method but you can invest only with the money you have, there is no limit to this. Because if you ever buy aggressively in Bitcoin investment, then you will face losses.

It is not bad to accumulate Bitcoin aggressively, there are investors who accumulate even aggressively when there is a dip, where it's problematic is when you overly do it in a way that it will now affect your Bitcoin investment which might get you kick off in the market so accumulating aggressively is allowed without doing it over.

Taking about opting for a loan to invest in Bitcoin i don't see anything wrong with that provided your plan is not to repay back from your Bitcoin investment because loan duration can just be 3-5 months depending and Bitcoin investment which is to be 4-10 and above so if they have another means to repay back you can borrow to invest in  Bitcoin knowing that you will pay back even if Bitcoin does good or bad.

Zackz5000, I can't agree with you 100%. Because investing in Bitcoin, buying Bitcoin every day is not a problem, the problem is that if you buy it with a loan, you will always be in a panic. Whether you invest in Bitcoin or any other place with a loan, I will say the same thing, you will not be able to do it long-term if you invest with a loan. And if you invest in Bitcoin, I will also say that you should plan for the long term. If you do it long-term, you have a higher chance of reaching your goal. In my opinion, if someone has no other means of earning money, I would tell them not to invest their entire wealth. First, invest 40% of your wealth, if you see that there is a high chance of getting a good profit, then add another 20%. And if you invest 100% of your wealth once, then you will not be able to continue later, you will not be able to run your family, for which you will have to withdraw some money from the investment even if you lose. I think it will be possible to reach your goal if you invest keeping both good and bad aspects in mind.

[Father111]

Bitcoin should not be bought aggressively, then again you said that it is a completely wrong move to invest in Bitcoin by borrowing. Whether it is for long-term investment, you should never invest in Bitcoin by borrowing, because if the price of Bitcoin is dumped for a short period of time, then you will face losses from both sides.
So you invest a small amount of money weekly following the DCA method but you can invest only with the money you have, there is no limit to this. Because if you ever buy aggressively in Bitcoin investment, then you will face losses.

Taking loan to invest in bitcoin is not a bad idea as you think. It is only a bad idea when you are expecting a short term profit from your bitcoin investment to repay the loan.nevertheless , if an investor is expecting money from another source other than there bitcoin investment then it won't be wrong to take loan for this purpose. Also talking about losing money whenever there is a dump, is not true. It is only possible for an investor to lose money when they rushed to sell off there bitcoin whenever there is a dump.

By investing in Bitcoin, we basically mean that we should invest the amount of money that will not affect our lives if we lose it. In this case, if I take a loan for short-term profit, hoping that the price will increase. Such decisions are dangerous. If the situation is reversed, instead of increasing the price, the price decreases because Bitcoin is a naturally volatile market, the price can increase twice as much as it can decrease twice. And if I invest with a loan in the hope of profit and the price decreases, I will suffer financial losses, but I have to pay back the borrowed money, as a result, I can sell it out of fear before the price decreases further. That is, the fear of debt forces me to exit the market early. In addition, I prefer long-term investment in Bitcoin rather than investing a large amount of money in Bitcoin at once because here I can continue to invest in small amounts for a long time using the DCA method. I think it is better not to rely on short-term fluctuations to repay the loan based only on assumptions.

Investment should be done with our discretionary income and if an investor borrows money or take a loan to invest In bitcoin with the hope of quickly making profit from the bitcoin investment to pay back the loan, then I think such is no longer an investment but a gamble, because there’s 50-50 chance of making the required profit and also losing everything. The only time I can advise someone to borrow or take a loan to invest In bitcoin is only if the person is truly sure that he’s not depending on his bitcoin investment to repay the loan.

You have just spoken very well on this particular topic on taking a loan is totally a bad idea because if you ask me i would love to suggest that you can sell what you afford to buy back than taking a loan, i know how borrowing can be multiplying as the days keep counting down and with the mindset of paying back in the day you agreed to back the loan can make you trade and lose money at same time.

[Oneandpure]

The possibility or fear of loss will be if someone takes a loan as a last resort due to lack of money and invests with that loan, then it is a very risky decision for him because if the price drops, he will not be able to repay the loan and then the investment will become a pain for all those people.

Eventually, don't invest in Bitcoin with a loan taken out as a last resort to meet needs or survive. If you know you have the ability to repay the loan even if it "looks like the investment will fail," and if that loan was previously used as a strategy to invest in Bitcoin, then it's okay to borrow money and invest in Bitcoin.

I ever with your position doubtful for taking loan and investing in bitcoin at the correction moment, I don't know why too afraid for entring when market price dump significant and much profitable earn if braveness take decision on the right moment. Bitcoin price always give up an opportunity to buy back when correction moment but most of us still scare have to invest or waiting for another moment bitcoin will drop more. Its fatal mistake for my self after waiting again bitcoin have break out higher price and I think take loan for investing in bitcoin during right time and moment its the best ideas.

If investing at the right moment have fully ability to repayment of loan, don't be confuse if you earn profit in short term maybe you can pay loan based on your profitable sell few percent bitcoin fund only loan repayment.

[MainIbem]

I ever with your position doubtful for taking loan and investing in bitcoin at the correction moment, I don't know why too afraid for entring when market price dump significant and much profitable earn if braveness take decision on the right moment. Bitcoin price always give up an opportunity to buy back when correction moment but most of us still scare have to invest or waiting for another moment bitcoin will drop more. Its fatal mistake for my self after waiting again bitcoin have break out higher price and I think take loan for investing in bitcoin during right time and moment its the best ideas.

If investing at the right moment have fully ability to repayment of loan, don't be confuse if you earn profit in short term maybe you can pay loan based on your profitable sell few percent bitcoin fund only loan repayment.

I'm not in support of taking loans to buy Bitcoin since it's a long-term investment option, I'll only agree to that if the person taking the loan has a means aside his investment to pay his debt and quickly but whereby the person is hoping to take profits from his investment to pay back, then that's a blunder cause it means going against the concept of Bitcoin investment to pay the debt, which is taking profits too soon. Also the person is at a huge risk of facing embarrassment cause volatility would definitely play it's role and the market may go down instead of going up. Anyone that's Interested in Bitcoin investment should have a stable source of income and keep their discretionary intact for investing in Bitcoin.

[Cgrexp]

I'm not in support of taking loans to buy Bitcoin since it's a long-term investment option, I'll only agree to that if the person taking the loan has a means aside his investment to pay his debt and quickly but whereby the person is hoping to take profits from his investment to pay back, then that's a blunder cause it means going against the concept of Bitcoin investment to pay the debt, which is taking profits too soon. Also the person is at a huge risk of facing embarrassment cause volatility would definitely play it's role and the market may go down instead of going up. Anyone that's Interested in Bitcoin investment should have a stable source of income and keep their discretionary intact for investing in Bitcoin.

New investors think that they need to know about Bitcoin in depth first, but the real priority should be understanding their personal finances, such as determining the size of their initial position, cash flow, backup funds, and investment. It is wise to start with small positions and gradually learn as you build confidence and investment. This is why DCA strategy and proper financial management are essential. So that it is possible to continue investing regularly. If an investor invests with debt, in this case, when the market falls, he will be financially damaged and with it, mental stress and financial disaster will occur. Therefore, it is better to understand your financial capacity and invest within the limits.

[ZeroVinsonN]

it is a completely wrong move to invest in Bitcoin by borrowing. Whether it is for long-term investment,

So let's give a live illustration on this to know if it is actually a bad idea to borrow money and invest in Bitcoin or not.

So assuming you took a loan of $1000 in 2015 from bank to pay back after 10years with a yearly interest of 25% per annum. Which means after 1yr your expected 25% interest rate per annum is said to be (i.e 25/100 x $1000 = $250), and in 10years, your expected 25% interest rate is meant to be (i.e $250 x 10 = $2500). Which means after 10years your expected total interest rate for the $1000 you took is meant to pay should be $3500.

And assuming you invested the whole $1000 you borrowed in 2015 in Bitcoin when it's value was still around $320 per BTC, and you bought 3 Bitcoin and held for the 10yrs, by today, that should be roughly over $300,000 worth of Bitcoin today. So assuming you borrowed $1000, and made $300,000 after 10years and you paid back your loan of $3500 and left with $295,500.

What will you call such investment, will you say it was worth it or not?

This isn't a very bad analysis when you really look at it, but this calculation was done in hindsight with knowledge of how bitcoin performed over the last decade,

So with how Bitcoin has performed over the years, do you still need a soothsayer or magician to tell you it has got potential to perform even better in the next interval of same years? Because to be sincere enough, I literally think you absolutely don't need any further conviction regarding how Bitcoin stand to perform in the next near future. Because the same way people in 2015 procrastinated and never took Bitcoin seriously, and now regretting today, that's the same exact way people in 2040 will also regret not buying and holding their Bitcoin till 2040. So in a nutshell, I will always and strongly agree to the fact that though taking a loan is kind of risky, but investing it in Bitcoin as you hold for a longer timeframe of 5 to 10yrs is absolutely worth it. Because Bitcoin is not like forex trading where your capital gets liquidated, but rather a decentralized digital currency whose current value only likely to appreciate or depreciate in value with respect to demand and supply.

Did you read all of what I wrote?? Or did you just read the part you quoted? I've never had a problem with investing in bitcoin with borrowed money, if you have seen any of my posts on this thread you would know that I've been in support of investing with borrowed money as long as you are not banking on your investment to pay back

So assuming you took a loan of $1000 in 2015 from bank to pay back after 10years with a yearly interest of 25% per annum. Which means after 1yr your expected 25% interest rate per annum is said to be (i.e 25/100 x $1000 = $250), and in 10years, your expected 25% interest rate is meant to be (i.e $250 x 10 = $2500). Which means after 10years your expected total interest rate for the $1000 you took is meant to pay should be $3500.

And assuming you invested the whole $1000 you borrowed in 2015 in Bitcoin when it's value was still around $320 per BTC, and you bought 3 Bitcoin and held for the 10yrs, by today, that should be roughly over $300,000 worth of Bitcoin today. So assuming you borrowed $1000, and made $300,000 after 10years and you paid back your loan of $3500 and left with $295,500.

which is exactly what this post suggested, paying back with your profits, bitcoin has performed well over the years but it's guarantee of success is not 100%, it would have made more sense to pay back this loan in installment even at the same 25% interest per annum, they is a reason why you are advised to invest with your discretionary income because you can afford to lose it, why?? Because ending up with a successful investment is not guaranteed so if you had a different source of income to pay the loan back with then you wouldn't become helpless if you investment doesn't go as planned, bitcoin has done considerable well but no one knows tomorrow, let's say that there is a hypothetical 0.001% percentage chance of bitcoin failing then that chance will count for something and should be put into consideration when thinking about investing, if you are banking on paying back your loan with your investment profit then you are likely a trader or even a gambler in a sense, a true investor will consider different possibilities.

[taibodi]

I'm not in support of taking loans to buy Bitcoin since it's a long-term investment option, I'll only agree to that if the person taking the loan has a means aside his investment to pay his debt and quickly but whereby the person is hoping to take profits from his investment to pay back, then that's a blunder cause it means going against the concept of Bitcoin investment to pay the debt, which is taking profits too soon. Also the person is at a huge risk of facing embarrassment cause volatility would definitely play it's role and the market may go down instead of going up. Anyone that's Interested in Bitcoin investment should have a stable source of income and keep their discretionary intact for investing in Bitcoin.

New investors think that they need to know about Bitcoin in depth first, but the real priority should be understanding their personal finances, such as determining the size of their initial position, cash flow, backup funds, and investment. It is wise to start with small positions and gradually learn as you build confidence and investment. This is why DCA strategy and proper financial management are essential. So that it is possible to continue investing regularly. If an investor invests with debt, in this case, when the market falls, he will be financially damaged and with it, mental stress and financial disaster will occur. Therefore, it is better to understand your financial capacity and invest within the limits.

I think it is wise for a new investor to start investing after gaining experience through observation and practice on the Bitcoin forum. Anyone interested in investing must depend on the discretionary income that he has after meeting the needs of his family. It is necessary to have an emergency fund, a reserve fund to keep the investment safe. Depending on the current situation, even if the investor has additional expenses, it would be advisable to refrain from resorting to debt. Caution should be taken before a financial disaster occurs. It seems wise to increase discretionary income by reducing unnecessary or unnecessary expenses and maintaining the continuity of investment. Debt is not a solution, but excessive thought aggression hinders the long term. With the DCA strategy, investment is risk-free with proper financial management. Therefore, it is better to pay attention to the DCA strategy. It seems better to determine the amount of investment depending on financial solvency.

[Lembo69]

Bitcoin should not be bought aggressively, then again you said that it is a completely wrong move to invest in Bitcoin by borrowing. Whether it is for long-term investment, you should never invest in Bitcoin by borrowing, because if the price of Bitcoin is dumped for a short period of time, then you will face losses from both sides.
So you invest a small amount of money weekly following the DCA method but you can invest only with the money you have, there is no limit to this. Because if you ever buy aggressively in Bitcoin investment, then you will face losses.

So let's give a live illustration on this to know if it is actually a bad idea to borrow money and invest in Bitcoin or not.

So assuming you took a loan of $1000 in 2015 from bank to pay back after 10years with a yearly interest of 25% per annum. Which means after 1yr your expected 25% interest rate per annum is said to be (i.e 25/100 x $1000 = $250), and in 10years, your expected 25% interest rate is meant to be (i.e $250 x 10 = $2500). Which means after 10years your expected total interest rate for the $1000 you took is meant to pay should be $3500.

And assuming you invested the whole $1000 you borrowed in 2015 in Bitcoin when it's value was still around $320 per BTC, and you bought 3 Bitcoin and held for the 10yrs, by today, that should be roughly over $300,000 worth of Bitcoin today. So assuming you borrowed $1000, and made $300,000 after 10years and you paid back your loan of $3500 and left with $295,500.

What will you call such investment, will you say it was worth it or not?

That’s a humongous lump of profit, no doubt about it, the kind of return people dream about. However, in reality, things don’t always play out that smoothly. With a debt hovering over your head, there’s a high chance you wouldn’t have been able to hold for that long. The pressure of loan repayment, changing market conditions coupled with personal expenses could easily make you sell too early, probably long before Bitcoin reached its peak. So yes, the numbers look amazing on paper, but the psychological and financial stress of owing money can ruin even the best investment plan.

That’s why, even though the potential gain is tempting, I still wouldn’t advise anyone to borrow money just to invest. It’s always better to invest within your means, stay patient, and let time work in your favor. Slow and steady wins in Bitcoin, without the burden of debt chasing you around.

Yes, I agree with you, investing with a loan burden on your head is never a good investment

There is fear of loss, disappointment and the fear of unexpected danger

Yes, you can invest with a loan and buy Bitcoin, but if it is during the dip, only if you buy during the dip with the loan money, the investment will be good

Investing with a loan is often like taking risks to avoid risks

However, investing with a loan will also be easier for some people, mainly for those who like to take risks

To maintain discipline in your investment, you must invest with money that you are ready to lose