Buy Buy Buy or Sell Sell Sell?

[Umulala-alala]

Snip.

This is why I don't like the idea of taking loan to invest in Bitcoin because loan itself as its own due date to pay back, that means you will have to depend on the Bitcoin upward movement before you can see profit to payback your loan. Now that Bitcoin is currently in bearish momentum, fear pushes people to sell at a loss just to meet repayment. That turns investment into gambling.  if you don't have the money yet to invest in Bitcoin, find possible means to generate income, then you can take out spare money out of it to invest, because Bitcoin isn't running anywhere, so there's no need to be rushing due FOMO. That will make you to make wrong decisions.

Taking out a loan to invest in Bitcoin is a very risky action, especially when the Bitcoin price is in a bearish situation, you have to repay the loan when it is due plus interest, the pressure that arises to repay the loan can make you make the wrong decision and sell at a loss. This kind of investor mindset will create fear for other people who want to start investing because they are faced with the losses you experience due to investing with financial resources that you cannot bear the risk of.

Investing using borrowed money will make investors very dependent on the increase in Bitcoin's price to be able to repay the loan, if the value does not move as expected, then the risk of loss is very large. It is best to avoid investing in Bitcoin using borrowed money as it can turn investing into gambling. Always use the remaining or unneeded money for other needs to prevent financial stress and don't rush into action because of FOMO, always take advantage of opportunities when the financial situation is supportive by using the DCA strategy so you can always make the right decisions in investing.

Is bitcoin investment not risky or is it borrowing money to invest in it that made it to be risky? There is nothing wrong taking a loan to invest in BTC provided your options to pay back is not from your BTC investment, bitcoin is a long time investment moreover the due date of a borrowed money maximum can be 3 months it's only wrong if your option to back is from your bitcoin investment. But if you borrow with the plan that even though bitcoin do well or not you will surely pay back your loan with out depending our your bitcoin investment or selling to your bitcoin to pay back then it's definitely not bad or wrong.

[ruykeri]

Many people think that since investments are longterm, it means that they have been put down and forgotten for decades. And then suddenly you need money, and that's it, a dead end. But this is not the case at all!

Investing in the long term does not mean forgetting how much money has been invested or not keeping track of it. Creating a mentality of investing for a long time means reducing unnecessary decisions. Many people decide to sell Bitcoin holdings or invest aggressively after watching the market.  long Term setup means that you know in advance that volatility will come, so you make rules so that fluctuations do not break your routine. This may seem bad in investing at first, but the entire investment management becomes much stronger. And if you suddenly need money, it is normal. But to solve it, you have to sell holdings, which will never be good. The solution is not to be forced to break the investment. This is why an emergency fund or reserve fund is important so that you do not have to sell at a bad time in case of danger.

If you imagine that investing is not a goal of life but an assistant. You don't live for them, but they work for you. That's the point.

What a person's life goal is is his personal choice. However, in the future, it is necessary to be in a good financial position for himself and his family. And through investing in Bitcoin, people ensure their financial security in the future. Investing in Bitcoin works as a tool for the success of life in the future. But the tool works only when it is used properly. So create a setup where your life is safe and  can manage the investment properly. And the investment will work for you only when you give it time and stability. Stability comes from the budget. Regular investment by fixing the discretionary portion. Time comes from the reserve. Because if there is no reserve fund, you will be forced to break in the middle of the economic problem of the moment.

If you approach business with your head, long-term investments really make life easier.

It is true that any decision should be made with reason and logic, not emotion. And risk management is very important in investing in Bitcoin. And long-term investment increases the possibility of profit in the future. In that case, some things should be given great importance. 1) Setting aside basic expenses .2) Creating an emergency fund .3) Setting the investment money in such a way that it does not have to be moved for many years. If you do the opposite, life becomes difficult. For example, if you buy Bitcoin with all your assets, then later the investment breaks down due to small expenses. This is not only a financial loss, it also destroys your discipline, later you will blame Bitcoin.

Ideally, your investments should be like a reliable reserve for a rainy day. Yes, you invest for a long time, but you also know that if something unexpected happens, you can use the money.

It is true that bad times will come in life. But it is necessary to know what money to use at that time. I have said before that Bitcoin is a matter of long-term investment. Now if you solve the financial problems of your life by selling your holdings and at that time if the price of Bitcoin is low, then you will face a lot of losses. It is true that a person invests in Bitcoin for his future security but selling Bitcoin holdings for any small problem in the short term is never a good sign. It is not right to make it a primary plan. The primary plan should be to use backup funds first for unexpected events, not investments. Investment is the last option in extreme emergencies in life, when all types of backup funds, float funds and other small assets or savings have been exhausted, then Bitcoin holdings will be used as a last resort. .

In short, the goal is not to bury money for half a century. The goal is to create a financial foundation that will support you all your life and help you out in difficult times. Now is the perfect time to buy. Investments today, even of a small amount, can eventually be a pleasant profit.

If someone holds Bitcoin for this for the rest of his life and if he suffers for the rest of his life, then it will be foolish for him. When he thinks that even if he does not have to work, he will be able to continue his life without looking  for the income, if he can use the Bitcoin wealth regularly . then he should accept this option to stay well. And when this situation is created, then it will be called a strong financial foundation.

But you said that now is the perfect time to buy bitcoin I cannot agree with your words. Actually, the perfect time depends on the person's income status and discretionary income. If he has a strong discretionary income, then he can start investing in Bitcoin at any time. But if the price decreases, it is never right to buy Bitcoin without discretionary income and back-up funds and proper planning. It is not suitable for long-term investment. Because now the price has decreased a lot, it may decrease or increase more in the future. No one can say anything about it correctly. So your decision to invest in Bitcoin should depend on your cash flow.

And yes, you are right that even if you start investing with a small amount of money today, it has the potential to become a big asset in the future. However, you must ensure that that money is in discretionary income. If you invest in Bitcoin, you will lose a maximum of 100%, but you will have the possibility of making several times more profit than your investing. So there is no alternative to investing for a long time.

[Showlove01]

Snip.

This is why I don't like the idea of taking loan to invest in Bitcoin because loan itself as its own due date to pay back, that means you will have to depend on the Bitcoin upward movement before you can see profit to payback your loan. Now that Bitcoin is currently in bearish momentum, fear pushes people to sell at a loss just to meet repayment. That turns investment into gambling.  if you don't have the money yet to invest in Bitcoin, find possible means to generate income, then you can take out spare money out of it to invest, because Bitcoin isn't running anywhere, so there's no need to be rushing due FOMO. That will make you to make wrong decisions.

Taking out a loan to invest in Bitcoin is a very risky action, especially when the Bitcoin price is in a bearish situation, you have to repay the loan when it is due plus interest, the pressure that arises to repay the loan can make you make the wrong decision and sell at a loss. This kind of investor mindset will create fear for other people who want to start investing because they are faced with the losses you experience due to investing with financial resources that you cannot bear the risk of.

Investing using borrowed money will make investors very dependent on the increase in Bitcoin's price to be able to repay the loan, if the value does not move as expected, then the risk of loss is very large. It is best to avoid investing in Bitcoin using borrowed money as it can turn investing into gambling. Always use the remaining or unneeded money for other needs to prevent financial stress and don't rush into action because of FOMO, always take advantage of opportunities when the financial situation is supportive by using the DCA strategy so you can always make the right decisions in investing.

Is bitcoin investment not risky or is it borrowing money to invest in it that made it to be risky? There is nothing wrong taking a loan to invest in BTC provided your options to pay back is not from your BTC investment, bitcoin is a long time investment moreover the due date of a borrowed money maximum can be 3 months it's only wrong if your option to back is from your bitcoin investment. But if you borrow with the plan that even though bitcoin do well or not you will surely pay back your loan with out depending our your bitcoin investment or selling to your bitcoin to pay back then it's definitely not bad or wrong.

Anyone who is taking loan to pay back with their Bitcoin investment is not an investor but a trader because you are using your investment as leverage which is very wrong and folks who is serious with Bitcoin investment will never do such rather they will do that with alternative plans to pay back the money without touching their investment because touching our investment when we have not reach overaccumulation stage won't worth it and one reason it is not good to touch our investment is that, the moment we touched it, we will be tempted again to touch and before you know what is happening it has become a habit.

[ChocolateBitcoinK]

Snip.

This is why I don't like the idea of taking loan to invest in Bitcoin because loan itself as its own due date to pay back, that means you will have to depend on the Bitcoin upward movement before you can see profit to payback your loan. Now that Bitcoin is currently in bearish momentum, fear pushes people to sell at a loss just to meet repayment. That turns investment into gambling.  if you don't have the money yet to invest in Bitcoin, find possible means to generate income, then you can take out spare money out of it to invest, because Bitcoin isn't running anywhere, so there's no need to be rushing due FOMO. That will make you to make wrong decisions.

Taking out a loan to invest in Bitcoin is a very risky action, especially when the Bitcoin price is in a bearish situation, you have to repay the loan when it is due plus interest, the pressure that arises to repay the loan can make you make the wrong decision and sell at a loss. This kind of investor mindset will create fear for other people who want to start investing because they are faced with the losses you experience due to investing with financial resources that you cannot bear the risk of.

Investing using borrowed money will make investors very dependent on the increase in Bitcoin's price to be able to repay the loan, if the value does not move as expected, then the risk of loss is very large. It is best to avoid investing in Bitcoin using borrowed money as it can turn investing into gambling. Always use the remaining or unneeded money for other needs to prevent financial stress and don't rush into action because of FOMO, always take advantage of opportunities when the financial situation is supportive by using the DCA strategy so you can always make the right decisions in investing.

Is bitcoin investment not risky or is it borrowing money to invest in it that made it to be risky? There is nothing wrong taking a loan to invest in BTC provided your options to pay back is not from your BTC investment, bitcoin is a long time investment moreover the due date of a borrowed money maximum can be 3 months it's only wrong if your option to back is from your bitcoin investment. But if you borrow with the plan that even though bitcoin do well or not you will surely pay back your loan with out depending our your bitcoin investment or selling to your bitcoin to pay back then it's definitely not bad or wrong.

Investing with debt is not completely forbidden, it can certainly be done when you have a separate arrangement to repay that debt, just make sure that you refrain from selling your Bitcoin investment when repaying the debt. But the problem starts when someone uses the borrowed money as investment capital in such a way that the only hope of repayment is that investment. In this case, this is definitely wrong, taking a loan to invest in Bitcoin is not wrong in itself, if the alternative source of repayment of the debt is already certain, this issue must be clarified, in this case, if the profit of the investment is relied on for the loan council, then it is definitely wrong which will ultimately lead to losses.

[centrum]

What's the essence of selling his Bitcoin in the first place  when the said fellow is still building his stash of Bitcoin?
Or is he taking the loan to buying aggressively now?
I really do find your statement here confusing, because if the purpose of him taking a loan is to buy aggressively, since their is a dip in the market, then why will he be selling the unit of Bitcoin he has accumulated already?
A Bitcoin investor should only contemplate taking a loan to invest in Bitcoin when he has the ability to pay back from another source, and it wouldn't have any effect on his Bitcoin investment, anything other than that is unacceptable.

If you are taking a loan then you need to understand that you have to repay it on time with proper interest otherwise you have to pay late fee also along with interest. Imagine a person condition, who has taken a loan to buy Bitcoin when its price was at 90,000$. Price has gone down to $78,000 and we are not sure how long it will take the price to recover. No doubt the current price is ideal for buying but don't go for loan just to buy bitcoin. Bitcoin investment is long term while loan has its own limitations i.e. you have to return it till certain date with interest.    

This is why I don't like the idea of taking loan to invest in Bitcoin because loan itself as its own due date to pay back, that means you will have to depend on the Bitcoin upward movement before you can see profit to payback your loan. Now that Bitcoin is currently in bearish momentum, fear pushes people to sell at a loss just to meet repayment. That turns investment into gambling.  if you don't have the money yet to invest in Bitcoin, find possible means to generate income, then you can take out spare money out of it to invest, because Bitcoin isn't running anywhere, so there's no need to be rushing due FOMO. That will make you to make wrong decisions.

here the real problem is not bitcoin the real problem is the loan deadline, bitcoin does not follow your timeline but the loan does,as a result you can no longer think like an investor and are forced to watch short term price movements, in a bear market this pressure becomes even more dangerous, when the price goes down you may know it can go up in the future but emi or repayment does not understand what “future” means, fear kicks in and people sell at a loss just to escape responsibility, this is the point where investment slowly turns into gambling,
 
one of bitcoin’s biggest advantages is that it rewards patience, so if you do not have the money it is better not to take a loan but instead focus on increasing income, learn new skills take on extra work and slowly accumulate bitcoin with the surplus money that comes from it, there is no rush no fomo, bitcoin will still be here tomorrow and the day after but the damage from bad decisions can last a long time...

[MagnificentX]

You don't need money to hold bitcoin rather what you need is basic knowledge to buy bitcoin and transfer stash to your preferred secured wallet and hold for at least two bitcoin cycles.

What did you mean by you don't need money to hold Bitcoin? You seems to have forgotten that you will first of all buy Bitcoin before you start HODLin, and you need money to enable you make your Bitcoin purchase and that money should be taking from your discretionary income as it is not advised to invest from other funds like emergency funds or money meant for your expenses. however, holding for two cycles doesn't seem right to me,  at least 4-10 years so that it will get matured rather than waiting to sell after two years of your investment because your profit might not get matured before that time.

I don't understand why people will hold bitcoin for a decade when they know the bitcoin cycle lasts four years. If one is clever enough, one can buy at the bottom of the bear market and can sell in the bull market at the top. I know it's impossible to catch the exact top or bottom, but even if we manage to buy when everyone is fearful (extreme fear under 10) and sell when everyone is in extreme greed, we could still make good money.
However, in my case i may keep 25% of the bitcoin holding untouched even in bull / bear markets just to be on the safer side.

Are you saying those that have been holding bitcoin for more than 10yrs doesn't know what they doing?. There is nothing wrong in holding bitcoin for than 4 years. All long term investors do have a plan as of how many they plan to have accumulated and the numbers of years they plan to hold. So even if someone has been holding bitcoin for decades, it is a bad idea. Moreover it is not all investors that are holding bitcoin because of profits, some are holding bitcoin just to store or retain value while there also those that are holding it to hand it over to there next generation.

Many people think that since investments are longterm, it means that they have been put down and forgotten for decades. And then suddenly you need money, and that's it, a dead end. But this is not the case at all!

If you imagine that investing is not a goal of life but an assistant. You don't live for them, but they work for you. That's the point.

If you approach business with your head, long-term investments really make life easier.

Ideally, your investments should be like a reliable reserve for a rainy day. Yes, you invest for a long time, but you also know that if something unexpected happens, you can use the money.

In short, the goal is not to bury money for half a century. The goal is to create a financial foundation that will support you all your life and help you out in difficult times. Now is the perfect time to buy. Investments today, even of a small amount, can eventually be a pleasant profit.

I don't really get where you're driving at but your last two paragraphs is a little understandable and with what I think you are trying to say, I can tell you that you are making a huge mistake. Of course, who in the world would want to be in distress and not use money if there is any available but do not forget that you are talking about money you've made up your mind to invest with.

That is why it has been always said that as you keep your discretionary funds ready for investment, make sure you also keep aside an amount always as means to help you if there is an emergency. It is not ideal to have an investment without a plan B and that plan B is your emergency funds. If you always sell your Bitcoin which you have accumulated for reason of investment whenever there is an emergency, then how much do you think will be left for the investment purpose.

Never you forget the necessity to have an emergency funds kept aside always as the same way the discretionary funds is so in case of any life issues, you won't have to sell your Bitcoin untimely.

[Finebone]

here the real problem is not bitcoin the real problem is the loan deadline, bitcoin does not follow your timeline but the loan does,as a result you can no longer think like an investor and are forced to watch short term price movements, in a bear market this pressure becomes even more dangerous, when the price goes down you may know it can go up in the future but emi or repayment does not understand what “future” means, fear kicks in and people sell at a loss just to escape responsibility, this is the point where investment slowly turns into gambling,
 
one of bitcoin’s biggest advantages is that it rewards patience, so if you do not have the money it is better not to take a loan but instead focus on increasing income, learn new skills take on extra work and slowly accumulate bitcoin with the surplus money that comes from it, there is no rush no fomo, bitcoin will still be here tomorrow and the day after but the damage from bad decisions can last a long time...

Taking a loan to invest in Bitcoin is never a problem if you have other means of repaying it back. Having you ever stop and think of a situation whereby you are certain that at the end of the month you can repay the loan from your paycheck, and you have the opportunity to take a loan that can be used to invest now that the market is down, so you still think it's a bad idea?
Do not forget that Bitcoin can outperform any interest attached to the loan in if held for a very long time, so it's not a bad idea if you take a loan to invest in Bitcoin, as long as your ability to pay back does not depends on the outcome of your Bitcoin investment.

[Hardyrobust]

here the real problem is not bitcoin the real problem is the loan deadline, bitcoin does not follow your timeline but the loan does,as a result you can no longer think like an investor and are forced to watch short term price movements, in a bear market this pressure becomes even more dangerous, when the price goes down you may know it can go up in the future but emi or repayment does not understand what “future” means, fear kicks in and people sell at a loss just to escape responsibility, this is the point where investment slowly turns into gambling,
 
one of bitcoin’s biggest advantages is that it rewards patience, so if you do not have the money it is better not to take a loan but instead focus on increasing income, learn new skills take on extra work and slowly accumulate bitcoin with the surplus money that comes from it, there is no rush no fomo, bitcoin will still be here tomorrow and the day after but the damage from bad decisions can last a long time...

Taking a loan to invest in Bitcoin is never a problem if you have other means of repaying it back. Having you ever stop and think of a situation whereby you are certain that at the end of the month you can repay the loan from your paycheck, and you have the opportunity to take a loan that can be used to invest now that the market is down, so you still think it's a bad idea?
Do not forget that Bitcoin can outperform any interest attached to the loan in if held for a very long time, so it's not a bad idea if you take a loan to invest in Bitcoin, as long as your ability to pay back does not depends on the outcome of your Bitcoin investment.

It is not a good idea to take loan and then to invest it in bitcoin because what we are supposed to invest in bitcoin is discretionary income. Also considering the nature of bitcoin which is highly volatile so anyone taking loan to invest in bitcoin is making a big mistake.
It doesn't matter if we have the means of repaying it back, the question I want to ask is the money you taking for the loan the exact amount as your Discretionary income? If no then it is totally wrong. We should only invest in bitcoin when the Discretionary income is available.

[Mehmet69]

Is bitcoin investment not risky or is it borrowing money to invest in it that made it to be risky? There is nothing wrong taking a loan to invest in BTC provided your options to pay back is not from your BTC investment, bitcoin is a long time investment moreover the due date of a borrowed money maximum can be 3 months it's only wrong if your option to back is from your bitcoin investment. But if you borrow with the plan that even though bitcoin do well or not you will surely pay back your loan with out depending our your bitcoin investment or selling to your bitcoin to pay back then it's definitely not bad or wrong.

Investing in Bitcoin is not wise. If the price of Bitcoin is low, it is wise to invest in a large scale with a loan. Because taking a loan to invest in Bitcoin is not a loss, if there is another financial source to pay it back. Bitcoin is a long-term investment. Investing with a loan is harmful only when it does not have any other financial source. So if the price does not change much, it is better not to think about investing with a loan. Although it takes a little more time, it becomes easier to create your own portfolio.

[Joy- maker]

Investing with debt is not completely forbidden, it can certainly be done when you have a separate arrangement to repay that debt, just make sure that you refrain from selling your Bitcoin investment when repaying the debt. But the problem starts when someone uses the borrowed money as investment capital in such a way that the only hope of repayment is that investment. In this case, this is definitely wrong, taking a loan to invest in Bitcoin is not wrong in itself, if the alternative source of repayment of the debt is already certain, this issue must be clarified, in this case, if the profit of the investment is relied on for the loan council, then it is definitely wrong which will ultimately lead to losses.

Starting your bitcoin investment journey with borrowed money is what I find inappropriate and a very wrong way to start your bitcoin journey. So therefore, before you begin your Bitcoin investment journey it is advisable you get a source of income first. And After getting a source of income you then map out your discretionary income and then get started with your bitcoin accumulating journey until you reach your accumulating target and then hold for long term. Remember you are to accumulate Bitcoin with only your leftover money using the DCA method after settling your basic needs and expenses, and not the other way around.

I can only encourage someone to borrow money during the dip to accumulate Bitcoin provided the person have a source of paying back the loan without tempering with his or her Bitcoin investment. But as someone who really mean business in Bitcoin you are supposed to be mapping out a separate fund for accumulating the dips whenever they occur instead of taking loan to buy them.

[JayJuanGee]

here the real problem is not bitcoin the real problem is the loan deadline, bitcoin does not follow your timeline but the loan does,as a result you can no longer think like an investor and are forced to watch short term price movements, in a bear market this pressure becomes even more dangerous, when the price goes down you may know it can go up in the future but emi or repayment does not understand what “future” means, fear kicks in and people sell at a loss just to escape responsibility, this is the point where investment slowly turns into gambling,
 
one of bitcoin’s biggest advantages is that it rewards patience, so if you do not have the money it is better not to take a loan but instead focus on increasing income, learn new skills take on extra work and slowly accumulate bitcoin with the surplus money that comes from it, there is no rush no fomo, bitcoin will still be here tomorrow and the day after but the damage from bad decisions can last a long time...

Taking a loan to invest in Bitcoin is never a problem if you have other means of repaying it back. Having you ever stop and think of a situation whereby you are certain that at the end of the month you can repay the loan from your paycheck, and you have the opportunity to take a loan that can be used to invest now that the market is down, so you still think it's a bad idea?
Do not forget that Bitcoin can outperform any interest attached to the loan in if held for a very long time, so it's not a bad idea if you take a loan to invest in Bitcoin, as long as your ability to pay back does not depends on the outcome of your Bitcoin investment.

It is not a good idea to take loan and then to invest it in bitcoin because what we are supposed to invest in bitcoin is discretionary income. Also considering the nature of bitcoin which is highly volatile so anyone taking loan to invest in bitcoin is making a big mistake.
It doesn't matter if we have the means of repaying it back, the question I want to ask is the money you taking for the loan the exact amount as your Discretionary income? If no then it is totally wrong. We should only invest in bitcoin when the Discretionary income is available.

A loan may or may not end up paying off, which means that a loan may or may not end up being a good idea.

Guys should be able to assess these matters for themselves, and I would imagine if they are brand new to bitcoin, they would start with more basic techniques of investing within their discretionary income and building up their cashflow management systems/practices until they get used to any new practices and/or monitoring that they might need to start doing.

Of course, using borrowed money is an advanced technique in the realm of investing that is using leverage and allowing the investor to front load his investment based on the point in time that the loan would end up making the money available.. .. So maybe the loan could take a few days to process before the money comes available.  Of course, there would be costs if the BTC price were to go down rather than up during the payback period of the loan, and there would be benefits if the BTC price were to end up going up rather than going down during the payback period of the loan...and it would be especially beneficial if the amount that bitcoin ends up going up were to be on average higher than the price that the investor bought the bitcoin and including the cost of the loan, whether the loan has 6% interest per year or some other rate that was part of the loan terms.

The investor who uses a loan (or loans) should surely be able to pay back the loan no matter bitcoin's performance during the period of the load.. with discretionary income and/or with other sources of funds (such as assets) that could be drawn upon in the even that the BTC price were to go down rather than up and discretionary funds ended up not being available during the period that the loan would be paid back.

Guys can weigh potential costs versus potential benefits in determining whether to take out a loan or not.. and of course, a loan that has close to zero % interest, low to no fees and a payback duration that is more than 4 years would be the better kinds of loan (with relatively low costs) versus some other loans that might have more unfavorable terms/costs.  

Guys should be able to weigh and decide the terms for themselves, and yeah, they may or may not end up being correct about the bitcoin price direction during the period of the payback of the loan, yet they still should be able to account for all of those factors when they are deciding whether or not to take out a loan to buy bitcoin.  The answer is not obvious either way, and surely there are some guys who would prefer to not take out any loan even if the terms were close to free because they would not want the obligation of the loan which would be largely requiring future payments.

Even the pay back terms of a loan (or more than one loan) could have various options in which they might be paid off during the term of the loan on a monthly basis or perhaps there are terms that require a balloon payment at the end of the period of the loan where the principle and the interest is required to be paid off at the end of the loan. Monthly payments tend to be more common, even if there might be some balloon payment at the end too, yet the payment requirements and/or penalties for missing payment should also be taken into account.

For sure, I ongoingly suggest that guys figure out the basics of bitcoin investing (and without leverage) and the basics of cashflow management and to get their systems in place and in strong ways.... Surely it seems to me that the stronger the cashflow management situation, then the guy has more flexibility in regards to taking additional chances and/or being able to bail himself out in the event that his chosen actions did not have the outcomes that he had hoped for (anticipated).   Likely better to figure out basic techniques prior to employing more advanced techniques, and sometimes the more advanced techniques are not going to be advisable even if they are available.. sometimes also depending on market conditions and terms of a loan in the event that we are talking about the taking of loans.

I also tend to recommend that guys do not trade, gamble, involve themselves with shitcoins at an amount that is any greater than 10% the size of the bitcoin investment, and surely I would use the use of leverage (or loans) in the same category to be limited to no more than 10%, yet at the same time, guys can decide for themselves what they are going to do and how much to put at risk, and sometimes even smart people will make mistakes, so they have to deal with the consequences when the go beyond what are arguably reasonable limits (such as 10%).

[Decimetre]

here the real problem is not bitcoin the real problem is the loan deadline, bitcoin does not follow your timeline but the loan does,as a result you can no longer think like an investor and are forced to watch short term price movements, in a bear market this pressure becomes even more dangerous, when the price goes down you may know it can go up in the future but emi or repayment does not understand what “future” means, fear kicks in and people sell at a loss just to escape responsibility, this is the point where investment slowly turns into gambling,
 
one of bitcoin’s biggest advantages is that it rewards patience, so if you do not have the money it is better not to take a loan but instead focus on increasing income, learn new skills take on extra work and slowly accumulate bitcoin with the surplus money that comes from it, there is no rush no fomo, bitcoin will still be here tomorrow and the day after but the damage from bad decisions can last a long time...

Taking a loan to invest in Bitcoin is never a problem if you have other means of repaying it back. Having you ever stop and think of a situation whereby you are certain that at the end of the month you can repay the loan from your paycheck, and you have the opportunity to take a loan that can be used to invest now that the market is down, so you still think it's a bad idea?
Do not forget that Bitcoin can outperform any interest attached to the loan in if held for a very long time, so it's not a bad idea if you take a loan to invest in Bitcoin, as long as your ability to pay back does not depends on the outcome of your Bitcoin investment.

It is not a good idea to take loan and then to invest it in bitcoin because what we are supposed to invest in bitcoin is discretionary income. Also considering the nature of bitcoin which is highly volatile so anyone taking loan to invest in bitcoin is making a big mistake.
It doesn't matter if we have the means of repaying it back, the question I want to ask is the money you taking for the loan the exact amount as your Discretionary income? If no then it is totally wrong. We should only invest in bitcoin when the Discretionary income is available.

A loan may or may not end up paying off, which means that a loan may or may not end up being a good idea.

Guys should be able to assess these matters for themselves, and I would imagine if they are brand new to bitcoin, they would start with more basic techniques of investing within their discretionary income and building up their cashflow management systems/practices until they get used to any new practices and/or monitoring that they might need to start doing.

Of course, using borrowed money is an advanced technique in the realm of investing that is using leverage and allowing the investor to front load his investment based on the point in time that the loan would end up making the money available.. .. So maybe the loan could take a few days to process before the money comes available.  Of course, there would be costs if the BTC price were to go down rather than up during the payback period of the loan, and there would be benefits if the BTC price were to end up going up rather than going down during the payback period of the loan...and it would be especially beneficial if the amount that bitcoin ends up going up were to be on average higher than the price that the investor bought the bitcoin and including the cost of the loan, whether the loan has 6% interest per year or some other rate that was part of the loan terms.

The investor who uses a loan (or loans) should surely be able to pay back the loan no matter bitcoin's performance during the period of the load.. with discretionary income and/or with other sources of funds (such as assets) that could be drawn upon in the even that the BTC price were to go down rather than up and discretionary funds ended up not being available during the period that the loan would be paid back.

Guys can weigh potential costs versus potential benefits in determining whether to take out a loan or not.. and of course, a loan that has close to zero % interest, low to no fees and a payback duration that is more than 4 years would be the better kinds of loan (with relatively low costs) versus some other loans that might have more unfavorable terms/costs.  

Guys should be able to weigh and decide the terms for themselves, and yeah, they may or may not end up being correct about the bitcoin price direction during the period of the payback of the loan, yet they still should be able to account for all of those factors when they are deciding whether or not to take out a loan to buy bitcoin.  The answer is not obvious either way, and surely there are some guys who would prefer to not take out any loan even if the terms were close to free because they would not want the obligation of the loan which would be largely requiring future payments.

Even the pay back terms of a loan (or more than one loan) could have various options in which they might be paid off during the term of the loan on a monthly basis or perhaps there are terms that require a balloon payment at the end of the period of the loan where the principle and the interest is required to be paid off at the end of the loan. Monthly payments tend to be more common, even if there might be some balloon payment at the end too, yet the payment requirements and/or penalties for missing payment should also be taken into account.

For sure, I ongoingly suggest that guys figure out the basics of bitcoin investing (and without leverage) and the basics of cashflow management and to get their systems in place and in strong ways.... Surely it seems to me that the stronger the cashflow management situation, then the guy has more flexibility in regards to taking additional chances and/or being able to bail himself out in the event that his chosen actions did not have the outcomes that he had hoped for (anticipated).   Likely better to figure out basic techniques prior to employing more advanced techniques, and sometimes the more advanced techniques are not going to be advisable even if they are available.. sometimes also depending on market conditions and terms of a loan in the event that we are talking about the taking of loans.

I also tend to recommend that guys do not trade, gamble, involve themselves with shitcoins at an amount that is any greater than 10% the size of the bitcoin investment, and surely I would use the use of leverage (or loans) in the same category to be limited to no more than 10%, yet at the same time, guys can decide for themselves what they are going to do and how much to put at risk, and sometimes even smart people will make mistakes, so they have to deal with the consequences when the go beyond what are arguably reasonable limits (such as 10%).

I would say that first of all, we are all adults but what differs is the experience one has in any field of his endeavours. There are folks who would get into bitcoin initially with a borrowed money sometimes due to the knowledge (True/False) sold to him by his friend or relatives who cajoled him into accepting to investing in bitcoin. But then as time flies he will see that bitcoin is not a quick money source and then he needs to pay back too. Yes at this point, he has the option of selling the bitcoin (not the best option) or accepting a more financial risk of sourcing out other options to pay back to mitigate his losses. If he is able to succeed in using alternative means to offset the loan, then he would be able to allow the bitcoin until maturity before he could sell.

As a brand-new bitcoin investor, the best thing is not to rush into bitcoin even when you don't have your discretionary income especially when you were opportuned to get into this forum before making your first investment into bitcoin. What you first have to do is to read through threads and learn the basics before you can start investing; but you won't need to waste all the days on the ground of reading to gain knowledge except you don't have your discretionary income ready. I understand that all the basic teachings here focus on investing for a long period of time so anyone who is not ready to invest for a long period of time may also have to wait until he has the money he can be able to forget in bitcoin.

I don't like loan even when it's for other life's expenses because I am scared of disappointment or waking up to get a call from my loaners. This is why I will not even allow myself to start investing in bitcoin with loan. Some people may think that they have the mind to borrow and invest but if you love your peace of mind, then you will not try it. You suggested that loans that would last up to 4 years is better especially when the interest is not also much, this means that the investment has to stay beyond 4 years and any loan that runs for up to 4 years time may have a compound interest and it is not even like anyone is very sure that after 4 years, the price of bitcoin will be able to pay the loan, the interest and also leave the investor with enough profit to invest back. This is the reason I feel that brand-new bitcoin investor has no business with loans until he has his personal technique to handle financial pressures.

Lastly you are very right about a person not  to trade or gamble bitcoin. Before now I have seen news of traders who collapsed after loosing their money and that has been the major reason why most of us delayed so long before accepting to try investing in bitcoin, not until I joined this forum I started reading write-ups that seems to be convincing that investing for a long time is less risky. So yes, I won't advise anyone to trade bitcoin to avoid high BP when you loose your money.

[Joeboy]

I understand that all the basic teachings here focus on investing for a long period of time so anyone who is not ready to invest for a long period of time may also have to wait until he has the money he can be able to forget in bitcoin.

Experience in most cases seem to be the best teacher and I could say that it sometimes applies to Bitcoin...Well you must not have to be a perfect person before you start investing in Bitcoin, sure you need the confidence to hold for long term when investing in Bitcoin, but then there aseem to be some habits that can be corrected in the course of accumulation and one of such is the confidence/mentality of long term holding...When I first started I was unsure if Bitcoin so I made lots of mistakes such as timing and chasing quick profit, honestly I didn't have the mindset to hold an asset from a long time, but I still started investing in Bitcoin, and with my little time on the forum I grew my confidence after listening and following through on what lots of the experienced members has been saying especially Sir Jayjuagee...

What am trying to say is that you must not have to be perfect when investing in Bitcoin, once discretionary income is there folks can start investing by starting with little amounts even though they haven't yet built the confidence to hold long term and alog the way they can begin building their confidence through the experience they will get from holding Bitcoin as well as information they will receive from forums like this...

Some people may think that they have the mind to borrow and invest but if you love your peace of mind, then you will not try it.

Taking of loan is definitely a personal choice, it has worked well for some folks while some other folks having regretted taking such an action....Well I believe that when done the right way loans will not take away you peace of mind....Bitcoin is a volatile asset, the future is mostly uncertain, and it would seem only foolish for folks to borrow money with the intention of using the proceeds/profits they get from Bitcoin in repaying that loan...It wouldn't be a bad idea if one takes probably a low interest loan, and the repayment of the loan is not dependent on the supposed profit you will get from Bitcoin...

Lastly you are very right about a person not  to trade or gamble bitcoin. Before now I have seen news of traders who collapsed after loosing their money and that has been the major reason why most of us delayed so long before accepting to try investing in bitcoin, not until I joined this forum I started reading write-ups that seems to be convincing that investing for a long time is less risky. So yes, I won't advise anyone to trade bitcoin to avoid high BP when you loose your money.

The only thing I would say is that I pity folks who thinks they can achieve anything from trading Bitcoin...