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Topic: Do not invest in Bitcoin with a borrowed money - page 4. (Read 655 times)

full member
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Merit: 202
For investment of Bitcoin I think it's good to invest with your own money instead of using a borrowed money because of the risk and disadvantages in the investment, if you want to invest in Bitcoin I think that you should use what you can be able to afford to loss for the investment.

 some of us who is new in Bitcoin investment have seen Bitcoin like a source of making money, and not knowing that Bitcoin invest have disadvantages and advantages, so using a borrowed for investment is a highest risk so far, so I will advice even our people who is coming to invest never to borrow money for a risk investment despite that theirs no investment that is not risky but we should amend our ways and know that Bitcoin investment is something you invest and forget about it for long time.

That is why I always say you should not take bitcoin as a do-or-die affair. You shouldn’t take the risk that it will be very hard for you to talk less of borrowing money to invest in bitcoin, but the reason people usually end up borrowing is due to the Nigerian situation, in which I can say if the money you borrowed can be paid back yourself without any stress, then you are good to go because talking risk is just the definition of hustle. But mind you, even though you are taking the risk, take the risk that you can endure. Even though you lose, you will not end up broke or fall into suffering.
And again, they say that the higher the risk, the higher the gain, while the lower the risk, the lower the gain, which means when you are borrowing money to invest. You are embarking on a very high risk, and we don’t know what the result will be, so I will just advise you to say if you can take the risks, take them; it might be your success, but don’t take any risk just to prosper; you might fall or lose.
sr. member
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Eh really they very risky for person to invest with money way no be in own for any asset way they like bitcoin way you no fit predict Watin the price go be for future, if person borrow money say in wan carry buy bitcoin him fit just they for that debt forever if the person no take time, because you fit borrow come buy today and the price go just drop down after you buy and you buy with hope say in the next few days or month you go sell pay back, but as you they wait for the market to run up small so that you fit make gain way you go carry sell off, nah so the market go they dip the more and the more you they wait nah so the loan way you take they increase.

The only place way eh fit they small advisable for person to take money way no be in own buy bitcoin nah fit you already hey means to carry pay the debt back and you no they put your payment plan for profit way they come from the bitcoin, that’s if you they expect money way you they sure off at the end of the month and this money you plan to carry am buy bitcoin, but the price come drop to where you plan to buy you fit take money from person buy that money then pay back immediately the money way you they expect enter to they on the safer side.
full member
Activity: 330
Merit: 110
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For investment of Bitcoin I think it's good to invest with your own money instead of using a borrowed money because of the risk and disadvantages in the investment, if you want to invest in Bitcoin I think that you should use what you can be able to afford to loss for the investment.

 some of us who is new in Bitcoin investment have seen Bitcoin like a source of making money, and not knowing that Bitcoin invest have disadvantages and advantages, so using a borrowed for investment is a highest risk so far, so I will advice even our people who is coming to invest never to borrow money for a risk investment despite that theirs no investment that is not risky but we should amend our ways and know that Bitcoin investment is something you invest and forget about it for long time.
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