Buy Buy Buy or Sell Sell Sell?

[Xcode7]

Even if the loan is for short term still is not advisable because emergency issue can also come up where you will still want to shift the date that you're supposed to pay back the loan and the more you keep postponing the payment that's the More the interest will keep adding. However I see no reason why an Investor will be going for loan when there's an emergency fund and back up funds, so those that go in search of where to take loan to invest into bitcoin or during emergency are not yet ready to go into bitcoin investment because those who are ready to invest into bitcoin always make thier emergency fund available in all time should incase there's any emergency so that to avoid running around.

Taking a loan to invest in Bitcoin is one thing and even after having an emergency fund ready, taking a loan to deal with an emergency is another. For example, if a person has the ability to repay his loan, then he can invest by taking a loan to buy aggressively, there is no problem in it. If a person does not have the ability to repay his loan, then if he takes a loan, it will never be the right decision for him. First, he needs to know whether he can repay the loan or not and whether his continuous investment quota will be lost after taking the loan. If he can repay the loan without any problem, then he can invest by taking a loan.

If a person takes a loan to deal with an emergency and has an emergency fund, then it will never be the right decision. Because a person should take a loan to deal with an emergency when, he will not have any money, when, his emergency fund and all the other funds are exhausted, then if he is in a position to repay the loan, then he can take a loan to deal with his financial crisis if he wants.

It's all about personal responsibility, and I think everyone has different plans, and we can't blame anyone for that, as long as the long-term investment plan isn't disrupted.

Sometimes people take out loans because they don't want their other funds affected, but they can be responsible for paying it all off without sacrificing anything. Similarly, with investments, I think it's sometimes beneficial to take out loans and buy more when prices are low, but the loan must be repaid with other sources without disrupting investments.

[7juju]

it depends on what the loan is to be used for, if an individual secures a loan for the sole purpose of reinvesting the proceeds into any legitimate investment e.g Bitcoin,then I think that's a smart move because at the end of the day or before the time duration for the said loan elapsed then the person that took the loan would have either paid back the loan through other alternative means, especially in a situation where the his or her investment hasn't yielded the right profit perhaps he has invested in Bitcoin and hopes to grow his investment over time.

In situation like this the investor has to be clear with the other source of income he hopes to pay back the said loan amount. The other source of income the investor is hoping to pay back the loan must be something that is guaranteed. The investor is either a civil servant or a business owner that knows when his pay cheque usually comes in. And such investor should only borrow what's usually within his discrictionary income. But any investor that don't have a certified means of repaying back loans should not take loan to invest in bitcoin as it will backfire such investor.

[AirtelBuzz]

it depends on what the loan is to be used for, if an individual secures a loan for the sole purpose of reinvesting the proceeds into any legitimate investment e.g Bitcoin,then I think that's a smart move because at the end of the day or before the time duration for the said loan elapsed then the person that took the loan would have either paid back the loan through other alternative means, especially in a situation where the his or her investment hasn't yielded the right profit perhaps he has invested in Bitcoin and hopes to grow his investment over time.

When you want to use borrowed money to invest in Bitcoin, you must have a clear strategy, understand the risks, and have the ability to repay the loan and interest (if your investment stalls because the selling price is lower than the purchase price). The most convenient way to invest in Bitcoin is by using your own money or spare cash that you don't use for other purposes, allowing you more freedom to manage it and avoiding the burden of price fluctuations.
However, when it comes to high-risk, high-reward investments, it can have other consequences if you have trouble repaying the loan. As you said, if you're not having any problems repaying the loan, investing with borrowed money might be a wise choice.

Personally, I have learned a lot from several users who have taken out loans on the DarkStar's Loans thread for various personal needs. When the price of Bitcoin or other coins agreed upon for the loan increases, those who take out the loan must pay a larger amount plus interest. I also saw that some users who took out loans had difficulty repaying their loans, and quite a few chose the option of paying in installments over several payments. So you need to consider all the risks before taking out a loan to invest, because your psychology will be disturbed if you are unable to pay it when it is due.

When you want to invest with Bitcoin borrowed money, you must have a clear strategy and it can be said unequivocally that, if there is a side job arrangement, then it will be right to take it. In fact, you should not take a loan in any way when investing, but for some reason there is some financial crisis and everyone has the ability to repay that money without investing during that crisis, then it is somewhat right to take it. I agree with you that the easiest way to invest in Bitcoin is to invest in BTC from our own earned money or cash flow or disposable income, which will give everyone freedom in terms of money circulation because there will be no pressure to pay extra or to pay extra or borrowed money to anyone, only the goal will be to organize the investment. So finally it has to be said that everyone has to think carefully before doing this work, It should only be considered when our expected return is greater than the cost of the loan or interest, and for financial stability, it is very important for the borrower investor to ensure that they have the ability to repay it.

[Iamnma001]

Is never a bad idea to borrow money to do business when you feel like is best time to invest especially business like Bitcoin, thou there's never a bad time to invest in Bitcoin but opportunity might present itself that when you will like to invest when it's dip in market and you don't have you discretionary funds at that moment, I think you can borrow when you have means of paying back  aside from profit from you investment



Business wise is  to invest in Bitcoin with you discretionary funds, so if it happens to be that you borrowed money to in invest in Bitcoin and planning to hold for long time as expected, you should  payback with your discretionary funds to avoid emergency that will lead to think of your investment.     I think it will be even easier to pay back cox it will installment in laying back loan.
So it a good idea to borrow money to invest in Bitcoin  especially if you  can't get hold on a enough money to invest, you can borrow and be paying back installmently  when you have means aside from your you investment

[Stormisover]

it depends on what the loan is to be used for, if an individual secures a loan for the sole purpose of reinvesting the proceeds into any legitimate investment e.g Bitcoin,then I think that's a smart move because at the end of the day or before the time duration for the said loan elapsed then the person that took the loan would have either paid back the loan through other alternative means, especially in a situation where the his or her investment hasn't yielded the right profit perhaps he has invested in Bitcoin and hopes to grow his investment over time.

In situation like this the investor has to be clear with the other source of income he hopes to pay back the said loan amount. The other source of income the investor is hoping to pay back the loan must be something that is guaranteed. The investor is either a civil servant or a business owner that knows when his pay cheque usually comes in. And such investor should only borrow what's usually within his discrictionary income. But any investor that don't have a certified means of repaying back loans should not take loan to invest in bitcoin as it will backfire such investor.

This has a lot to also do with if the terms and conditions of  the loan repayment is flexible enough to suits your personal circumstances, I will even suggest that there should several kind of plans to be put in ground to enable the investors to meet up the plans even before the due date, plans such as plan A, plan B and plan C such that when one of the plans failed the other can come in, this is the kind of measures and cross evaluation I think is very important in this kind of situation because most persons takes loan without making the necessary arrangements of possible ways they can repay their loans, imagine how sweet it can be repaying your loan before the due date.

[Futurexxx]

This has a lot to also do with if the terms and conditions of  the loan repayment is flexible enough to suits your personal circumstances, I will even suggest that there should several kind of plans to be put in ground to enable the investors to meet up the plans even before the due date, plans such as plan A, plan B and plan C such that when one of the plans failed the other can come in, this is the kind of measures and cross evaluation I think is very important in this kind of situation because most persons takes loan without making the necessary arrangements of possible ways they can repay their loans, imagine how sweet it can be repaying your loan before the due date.

This is why I feels like before an investor takes a loan with the intention of investing with it, he has to look at the terms and conditions of the loan, if it can be paid back through installment, it's very good because the repayment plan is already made easier since it can be paid back easily from your paycheck once it comes in, but if their is no such plan, it would be challenging if you don't have a reliable source that you can easily pay back regardless of the outcome of your Bitcoin investment.

[MykeAdams]

Even if the loan is for short term still is not advisable because emergency issue can also come up where you will still want to shift the date that you're supposed to pay back the loan and the more you keep postponing the payment that's the More the interest will keep adding. However I see no reason why an Investor will be going for loan when there's an emergency fund and back up funds, so those that go in search of where to take loan to invest into bitcoin or during emergency are not yet ready to go into bitcoin investment because those who are ready to invest into bitcoin always make thier emergency fund available in all time should incase there's any emergency so that to avoid running around.

Taking a loan to invest in Bitcoin is one thing and even after having an emergency fund ready, taking a loan to deal with an emergency is another. For example, if a person has the ability to repay his loan, then he can invest by taking a loan to buy aggressively, there is no problem in it. If a person does not have the ability to repay his loan, then if he takes a loan, it will never be the right decision for him. First, he needs to know whether he can repay the loan or not and whether his continuous investment quota will be lost after taking the loan. If he can repay the loan without any problem, then he can invest by taking a loan.

If a person takes a loan to deal with an emergency and has an emergency fund, then it will never be the right decision. Because a person should take a loan to deal with an emergency when, he will not have any money, when, his emergency fund and all the other funds are exhausted, then if he is in a position to repay the loan, then he can take a loan to deal with his financial crisis if he wants.

It's all about personal responsibility, and I think everyone has different plans, and we can't blame anyone for that, as long as the long-term investment plan isn't disrupted.

Sometimes people take out loans because they don't want their other funds affected, but they can be responsible for paying it all off without sacrificing anything. Similarly, with investments, I think it's sometimes beneficial to take out loans and buy more when prices are low, but the loan must be repaid with other sources without disrupting investments.

You saying an investor can be able to take a loan and repay back the loan he took without sacrificing anything is somehow risky, infact its totally risky for any investor. Taking a loan to invest in bitcoin or any volatile asset is risky, and taking the loan to repay back without sacrificing anything is unpredictable. Actually you can be able to repay back if only I repeat if only the prices of bitcoin price rises immediately after your purchase, also if you applied for a low loan term and the interest rate is low and repayment is considerable, also the actual period you entered the market and you leaving the market with maximised profits before the markets dip. This way can save you from either touching your original savings and you can pay back the loan with profits gotten.

But what if things go wrong, you know how volatile the market can be right, if the price drops you can lose both investments and still owe the loan amount plus the interest, and if the loan taking is supposed to be payed monthly and the market Is down will get you forced to touch your original savings and sell your bitcoin purchased on a low price creating loses and take on more loans to be able still stay active.

[barisbilgili]

This has a lot to also do with if the terms and conditions of  the loan repayment is flexible enough to suits your personal circumstances, I will even suggest that there should several kind of plans to be put in ground to enable the investors to meet up the plans even before the due date, plans such as plan A, plan B and plan C such that when one of the plans failed the other can come in, this is the kind of measures and cross evaluation I think is very important in this kind of situation because most persons takes loan without making the necessary arrangements of possible ways they can repay their loans, imagine how sweet it can be repaying your loan before the due date.

This is why I feels like before an investor takes a loan with the intention of investing with it, he has to look at the terms and conditions of the loan, if it can be paid back through installment, it's very good because the repayment plan is already made easier since it can be paid back easily from your paycheck once it comes in, but if their is no such plan, it would be challenging if you don't have a reliable source that you can easily pay back regardless of the outcome of your Bitcoin investment.

There are indeed many options we can consider, but whenever possible, we should seek income from other sources to cover the investment loans.
Relying solely on investment returns is a big mistake and will likely result in losses. Bitcoin investment is for the future, so don't let it fail for any reason, regardless of the loan we've taken out for investment. Therefore, we must think about this and be responsible. If you can't afford it, don't decide to take out a loan to invest in the first place.

[Finebone]

You saying an investor can be able to take a loan and repay back the loan he took without sacrificing anything is somehow risky, infact its totally risky for any investor. Taking a loan to invest in bitcoin or any volatile asset is risky, and taking the loan to repay back without sacrificing anything is unpredictable. Actually you can be able to repay back if only I repeat if only the prices of bitcoin price rises immediately after your purchase, also if you applied for a low loan term and the interest rate is low and repayment is considerable, also the actual period you entered the market and you leaving the market with maximised profits before the markets dip. This way can save you from either touching your original savings and you can pay back the loan with profits gotten.

You aren't getting the actual point, are you?
You first need to understand that when taking a loan with the intention of investing it in bitcoin, or front loading your investment you are not paying it back from your bitcoin investment, you will be paying it back from another source, but if you don't have another source where you can pay it back from and you rely on your Bitcoin investment to pay it back from there, then you and your investment is doom for failure in a very short time.

[MykeAdams]

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.

Yeah, It’s never a right move to take loans for an investment, there are a lot of financial hazards that can result from this  and people should Not rush in to invest in bitcoin, always go in with money you can afford to lose as this gives a better balance, peace and calm in face of market volatility. I know we all want bitcoin to go up once we invest but we should know that it can also go down and sometimes it stays down for a while before bouncing back up. Taking loans for bitcoin investment should not be encouraged or practiced at all.

You should understand that no investment is risk free borrowing money to make an investment or to front load your business is never a bad idea, you can have a different places to repay with not not on your investment because you already know what the outcome will be in the future it is money that will use to also find money, people borrow money to do business and still you can even borrow during the dip to buy aggressively as long as you you have hope of repaying back.

For one to think of borrowing money to invest in bitcoin during the dip is kind of a smart move looking at it if the price pumps back later, but its also a big risk and the probability for it I can't say 100%. If prices are down you can get bitcoin rate per dollar which might be profitable if the market bounces back.
On the other hand loans usually have a fixed duration paying back( deadlines) with their interest, using loan to borrow during the dip and and its 1year timeline to payback and it took the bitcoin to recover in 2years time, you can see how risky it is my friend. Loan on its own is a one way in and a deadly way out.

[Mehmet69]

Is never a bad idea to borrow money to do business when you feel like is best time to invest especially business like Bitcoin, thou there's never a bad time to invest in Bitcoin but opportunity might present itself that when you will like to invest when it's dip in market and you don't have you discretionary funds at that moment, I think you can borrow when you have means of paying back  aside from profit from you investment



Business wise is  to invest in Bitcoin with you discretionary funds, so if it happens to be that you borrowed money to in invest in Bitcoin and planning to hold for long time as expected, you should  payback with your discretionary funds to avoid emergency that will lead to think of your investment.     I think it will be even easier to pay back cox it will installment in laying back loan.
So it a good idea to borrow money to invest in Bitcoin  especially if you  can't get hold on a enough money to invest, you can borrow and be paying back installmently  when you have means aside from your you investment

As a new investor, it is not good for you to think of investing by borrowing first. There are various methods for investing. Among them, the DCA method is universally the best and easiest method. Investing in the DCA method can be stress-free. Other methods other than DCA require some experience.

Therefore, investing with extra pressure in a new situation will make it difficult to make the investment last. Similarly, if you want to invest in Bitcoin by borrowing, it can be a complicated decision for you. Because no one can say when the price of Bitcoin will increase or decrease. If you invest in a bear market and borrow money after seeing a bear market and the market starts to decline further, then you can face a very big financial crisis. Also, if you invest in a bear market and sell your investment when the market is a little better, you can never be a successful investor.

You can lose money repeatedly while trading in Bitcoin. Therefore, you should not invest by borrowing or aggressively and sell after seeing a small profit. If you invest in the long term, you will definitely benefit.

[DubemIfedigbo001]

While you’re waiting for the perfect time, others are already stacking, learning, and positioning themselves for the future. Every day you delay is an opportunity slipping through your fingers.

That's correct. In addition waiting is the confidence killer, the more you wait without taking action, the less likely for you to actually take any action because the wait time builds fear and doubt in a person and the more you wait without being practical, the more you continue to doubt what you previously believed in and get scared of actually investing. It is worse if you are targeting a specific price dip for an entry point, the price may not come and even if it does you may still be waiting for it to dip more and the wait continues until you have lost an enormous amount of time waiting when you should have gotten practical with your investment and started out earlier, I would also mention that trying to grab a lot of knowledge about bitcoin before starting out is also detrimental because bitcoin is better understood within the market than outside it.

[virasog]

While you’re waiting for the perfect time, others are already stacking, learning, and positioning themselves for the future. Every day you delay is an opportunity slipping through your fingers.

That's correct. In addition waiting is the confidence killer, the more you wait without taking action, the less likely for you to actually take any action because the wait time builds fear and doubt in a person and the more you wait without being practical, the more you continue to doubt what you previously believed in and get scared of actually investing. It is worse if you are targeting a specific price dip for an entry point, the price may not come and even if it does you may still be waiting for it to dip more and the wait continues until you have lost an enormous amount of time waiting when you should have gotten practical with your investment and started out earlier, I would also mention that trying to grab a lot of knowledge about bitcoin before starting out is also detrimental because bitcoin is better understood within the market than outside it.

To overcome this waiting time problem when investing in bitcoin, it's important that one should have some understanding of technical analysis. Once you have marked the important support and resistance on your chart, then you can set your limit orders on the support so your order get trigger when it reaches the support.

Also if you don't want to miss out on any support in case the price jumps from the current market price, then you can also buy some at the current prices and keep buying on the support and in this way, you will have a good average entry. Since no one can catch the support and resistance, this method is the most effective one and I always use this for my own investments.

[Hewlet]

Similarly, with investments, I think it's sometimes beneficial to take out loans and buy more when prices are low, but the loan must be repaid with other sources without disrupting investments.

The efficacy of taking up loans for bitcoin investment only comes into play with proper plan in place without which it endangers the investor to a great extent. Even though great investors that have their things all figured out will not be against taking of loans for investment purpose, an entry level investor that is not financially buoyant should know that the peculiarity of his investment strategy is what determines what risk he is able to take while investing.

if you have a source of income that can conveniently carter for any loan you used in buying bitcoin, then such level of risk is worth taking but if you do not have a source of income that can comfortably sort pay up a loaned amount, then it becomes better to face what becomes of your reality and probably DCA with an amount that your financial strength allows. it is true that you might get tempted to borrow money t buy the DIP but the reality is that if you are investing for the long term, just be patient and follow up an accumulation plan you have set out that is safe for you.

[Derekfunds]

Even if the loan is for short term still is not advisable because emergency issue can also come up where you will still want to shift the date that you're supposed to pay back the loan and the more you keep postponing the payment that's the More the interest will keep adding. However I see no reason why an Investor will be going for loan when there's an emergency fund and back up funds, so those that go in search of where to take loan to invest into bitcoin or during emergency are not yet ready to go into bitcoin investment because those who are ready to invest into bitcoin always make thier emergency fund available in all time should incase there's any emergency so that to avoid running around.

Taking a loan to invest in Bitcoin is one thing and even after having an emergency fund ready, taking a loan to deal with an emergency is another. For example, if a person has the ability to repay his loan, then he can invest by taking a loan to buy aggressively, there is no problem in it. If a person does not have the ability to repay his loan, then if he takes a loan, it will never be the right decision for him. First, he needs to know whether he can repay the loan or not and whether his continuous investment quota will be lost after taking the loan. If he can repay the loan without any problem, then he can invest by taking a loan.

If a person takes a loan to deal with an emergency and has an emergency fund, then it will never be the right decision. Because a person should take a loan to deal with an emergency when, he will not have any money, when, his emergency fund and all the other funds are exhausted, then if he is in a position to repay the loan, then he can take a loan to deal with his financial crisis if he wants.

It's all about personal responsibility, and I think everyone has different plans, and we can't blame anyone for that, as long as the long-term investment plan isn't disrupted.

Sometimes people take out loans because they don't want their other funds affected, but they can be responsible for paying it all off without sacrificing anything. Similarly, with investments, I think it's sometimes beneficial to take out loans and buy more when prices are low, but the loan must be repaid with other sources without disrupting investments.

To me I don't see anything wise or reasonable for someone to have funds to use and invest and then leaving it to loan or borrow money to invest simply because they don't want to touch their funds or they don't want it to be affected, it doesn't make any sense to me because at last you will still have to pay back with your funds or will they borrow or loan from another person or institution to pay back since they don't want to use their own funds?. I'm a person that don't like anything borrowing or loaning money because I don't like it and I don't like owing someone because it always disturbs me.

[Pandorak]

You saying an investor can be able to take a loan and repay back the loan he took without sacrificing anything is somehow risky, infact its totally risky for any investor. Taking a loan to invest in bitcoin or any volatile asset is risky, and taking the loan to repay back without sacrificing anything is unpredictable. Actually you can be able to repay back if only I repeat if only the prices of bitcoin price rises immediately after your purchase, also if you applied for a low loan term and the interest rate is low and repayment is considerable, also the actual period you entered the market and you leaving the market with maximised profits before the markets dip. This way can save you from either touching your original savings and you can pay back the loan with profits gotten.

You aren't getting the actual point, are you?
You first need to understand that when taking a loan with the intention of investing it in bitcoin, or front loading your investment you are not paying it back from your bitcoin investment, you will be paying it back from another source, but if you don't have another source where you can pay it back from and you rely on your Bitcoin investment to pay it back from there, then you and your investment is doom for failure in a very short time.

Exactly, the mindset of repaying loans with profits earned from investments is wrong @MykeAdams. First of all, Bitcoin is highly volatile, no one knows for sure when the price will rise or fall, so relying on profits from Bitcoin investments to pay off loans is a very dangerous form of risk management. You must be aware that a loan is a fixed obligation, while investment returns are uncertain. That is why you must repay the loan from income sources obtained elsewhere.

Have you ever thought about what you would do if the price of Bitcoin dropped significantly in a short period of time?
At the same time, your loan is due and must be paid immediately.
Not only are you putting your investment in a vulnerable and dangerous situation, but you are also putting your life in a complicated situation.

We must realize that Bitcoin can be an asset that builds wealth, but it must be supported by a sound financial foundation.

[POPOLUV]

Actually taking loans to invest in bitcoin has pros and cons to it, you can be sure the prices of bitcoin fluctuates, bitcoin can drop from 30-60% or more in a matter of days, if the price goes so low and definitely crashes you can lose both your investments and still be owing your loan. Nevertheless it (loan) can actually maximise your profits if the market agrees to the timeframe of the loan, you applying for a loan should go for a low loan term to avoid risk of payments so huge for you to pay knowing fully well how volatile the market can be.

In my own perspective, actually using a loan to invest in bitcoin is abnormal, because if it goes against your planning it creates high risk and stress, so for one to pick up courage to do so must have deep knowledge about the risk involved, have a side financial hustle as back up incase things get rough, and is ready to pay back the loan regardless of the investment outcome.

If a person has the ability to repay the loan, then he can invest with a loan. If he invests like this, then I do not think it is risky. There are many who think that by investing with a loan, he will repay the loan from the amount of money he will get from the investment. If a person thinks this, then it is never the right decision. In this way, a person can fall into a very big financial crisis.

A person has to consider whether he can repay the loan or not. If he can repay the loan without stress, then he can invest with a loan if he wants.

Fair enough, folks should look into their finances before taking loans in a way that it won't later affect their Bitcoin investments. Folks that have a way of repaying the loan should go ahead and take it to front load their Bitcoin accumulation while folks that don't have the ability to pay back should avoid taking loans because if they do, they will later fall back to to their Bitcoin investment,sell it to repay the loans. Bitcoin fluctuates and the market is unpredictable so therefore,Loans shouldn't be service with our Bitcoin investment but instead with another source of income.

Taking loan doesn't really mean that you must look into your financial status before you could apply for a loan, i have seen someone that has know income in his bank account but he applied for a loan and the loan was in such away that you will paying a particular amount yearly till complete his payment, so took the loan and invested the he borrowed by importing and exporting goods and services, as times goes on, his business start growing very well and people from outside were buying from him, and he was able to pay all his loan, so taking loan to invest in Bitcoin is not really a bad idea but what makes it look as if taken loan is not good is because of the factors that is involved when taking this loan and interests too, because some loan before you could pay back the interest has grown more than the loan you have taken so far. So we should be very careful when taking loans to invest.

[Just Common]

This has a lot to also do with if the terms and conditions of  the loan repayment is flexible enough to suits your personal circumstances, I will even suggest that there should several kind of plans to be put in ground to enable the investors to meet up the plans even before the due date, plans such as plan A, plan B and plan C such that when one of the plans failed the other can come in, this is the kind of measures and cross evaluation I think is very important in this kind of situation because most persons takes loan without making the necessary arrangements of possible ways they can repay their loans, imagine how sweet it can be repaying your loan before the due date.

This is why I feels like before an investor takes a loan with the intention of investing with it, he has to look at the terms and conditions of the loan, if it can be paid back through installment, it's very good because the repayment plan is already made easier since it can be paid back easily from your paycheck once it comes in, but if their is no such plan, it would be challenging if you don't have a reliable source that you can easily pay back regardless of the outcome of your Bitcoin investment.

I personally think that it is challenging to invest in any place with debt because investing with debt creates tension or discomfort. Therefore, if you have the money to invest, then in my opinion it is better not to take a loan. And if you do not have the money, then you should invest with a small amount of debt, especially if you are investing in Bitcoin, I think it is better to have a long-term plan.

[sotelorene]

This has a lot to also do with if the terms and conditions of  the loan repayment is flexible enough to suits your personal circumstances, I will even suggest that there should several kind of plans to be put in ground to enable the investors to meet up the plans even before the due date, plans such as plan A, plan B and plan C such that when one of the plans failed the other can come in, this is the kind of measures and cross evaluation I think is very important in this kind of situation because most persons takes loan without making the necessary arrangements of possible ways they can repay their loans, imagine how sweet it can be repaying your loan before the due date.

This is why I feels like before an investor takes a loan with the intention of investing with it, he has to look at the terms and conditions of the loan, if it can be paid back through installment, it's very good because the repayment plan is already made easier since it can be paid back easily from your paycheck once it comes in, but if their is no such plan, it would be challenging if you don't have a reliable source that you can easily pay back regardless of the outcome of your Bitcoin investment.

I personally think that it is challenging to invest in any place with debt because investing with debt creates tension or discomfort. Therefore, if you have the money to invest, then in my opinion it is better not to take a loan. And if you do not have the money, then you should invest with a small amount of debt, especially if you are investing in Bitcoin, I think it is better to have a long-term plan.

I totally agree with your first two lines of statement because whenever you borrowed money I don't know about others but there is always a feeling I mean an odd feeling that sometimes you will be restless or always thinking about the money you borrowed and sometimes this feeling can distract one from what they were supposed to do if you are the type that always get this feeling and vibe. Though it is not wrong to borrow to invest in Bitcoin but you should make sure that you have something that will clear up the money you borrowed because sometimes some people don't reason before they do things, they just do things haphazardly without thinking about the consequences.

[ejikeme24]

You don’t need to have every financial or psychological duck in a row before stepping into Bitcoin. The key is to get started, not to wait for some mythical state of “perfect readiness.” Bitcoin rewards action and time, not hesitation and overthinking. Once you have some skin in the game, your learning curve accelerates, your mindset sharpens, and your conviction deepens.

I agree to say that the only thing that is supposed to keep a guy waiting is discretionary funds, there's nothing like readiness  some people feel that bitcoin investment is like those investment that gives you a whole lot of time to do whatever you wish to do before getting started. I know that in bitcoin investment one is free to get started at any given time but we need to be rest assured that we can never meet the price in that same spot that it was before we left, we may likely come back to discover that another digit have been added to the value at this point a guy may feel disappointed as he will be thinking that the price is too expensive so first thing first is getting started and forget about readiness because readiness is next to procrastination.