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Topic: get a loan and reinvest it - page 2. (Read 1386 times)

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legendary
Activity: 4088
Merit: 1452
May 03, 2021, 06:59:34 PM
The attractions of leverage should pale next to the massive moves already possible in BTC, timing is everything and leverage amplifies the accuracy required to time it just right in hitting the bottom price.   Also the more leverage we have the greater this graph will twist and turn and be unpredictable as main markets leave an imprint in their influence from strength or weakness that day.
  With leverage you are more likely to become one of the crowd jostled about by the largest entities not the trading ninja picking off a perfect opportunity amidst the herd gifted a vantage by crypto from the safety of the sidelines.   Its not a good idea generally, just be correct while participating in a rise or avoiding a pullback and you have enough compounded % gains just from the already present volatility in the price action.
hero member
Activity: 2968
Merit: 687
May 03, 2021, 06:23:38 PM
Yesterday I open Facebook and I see history from greedy people because they sell their real assets and invest in cryptocurrency and loss. This is a different story but the moral message is the same that only using your free funds, don't sell your real asset, or don't make any loan only because want to invest in crypto
Sounds too dumb to be done but there are really people whom do really believe on the potential.
Ex. Going all in with bitcoin

https://www.cnbc.com/2020/12/16/bitcoin-family-investment-nearly-triples-20k-price.html
https://www.cnbc.com/2020/12/03/bitcoin-family-invested-their-retirement-and-savings-in-bitcoin-ethereum-litecoin.html

The risk did pays off if we do consider on how far these coins had able to reach out.
sr. member
Activity: 1288
Merit: 253
casinosblockchain.io
May 03, 2021, 06:18:59 PM
Yesterday I open Facebook and I see history from greedy people because they sell their real assets and invest in cryptocurrency and loss. This is a different story but the moral message is the same that only using your free funds, don't sell your real asset, or don't make any loan only because want to invest in crypto
sr. member
Activity: 1414
Merit: 326
May 03, 2021, 06:01:22 PM
If you can invest in the right currency investing with a loan will become profitable. You can invest more money in the long run than in the short run this may seem obvious but many people do not realize how powerful the effects of time can be on the transfer of wealth the best time to invest is to run bulls in the market and over time with interest rates, you will earn both your original investment and the interest you earned earlier.
full member
Activity: 1260
Merit: 103
The OGz Club
May 03, 2021, 05:59:54 PM
Hello. I see different platform like nexo, blockifi, etc... that can borrow you crypto or stablecoin. I'm here to ask if you have a strategy for example you borrow btc with an interest rate of 6% and then you use it on defi with 8% APR. Thanks for helpful. Cool Cool
You really take high risks, because taking a loan just to invest in the crypto world is a mistake for me, yes, because the risk of investing in the crypto world is very high, therefore it's better to invest with your own money, and don't follow ICO or IEO projects which is not clear.
hero member
Activity: 2828
Merit: 611
May 03, 2021, 12:00:17 PM
Better with a reserve fund, it will be safer and you don't have to think about paying the loan when you don't recover the capital.
There is a complexity between "buying at dips" and "available funds". I mean not all the people are ready with reserve funds when there is a dip in the market. So, it is becoming inevitable for most people to go for loans to make use of dips to maximize their bitcoin stash. I had the experience of buying bitcoin with loan amount. Even that was during the period of bearish markets, I somehow managed repaying the loan from my regular job.

In my opinion, current market scenario may be or may not be the right time for buying bitcoins with loan but definitely if you're buying in bearish trends then there are a lot of possibilities to get cheaper bitcoins but you need to repay your loan from some other resources.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
May 03, 2021, 11:44:35 AM
Borrowing money in order to invest is an advanced maneuver that should only be performed by expert traders, the reason for this is that you are taking an additional risk and as such it should only be done when all the factors align themselves and tell you that you have a very high chance of making money with such trade, if you do something like this when you are still a newbie thinking you can multiply your profits this way then you will lose all your capital in a heartbeat.
More beginners avoid in this case the experience is not broad enough if you only rely on loans just to invest and multiply it, I know the experts have become consistent in making this decision so they are full of risks they will face, therefore loans are something that often does a lot and this is usually in a pinch when there is no reserve fund.
Better with a reserve fund, it will be safer and you don't have to think about paying the loan when you don't recover the capital.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
May 03, 2021, 11:24:06 AM
Hello. I see different platform like nexo, blockifi, etc... that can borrow you crypto or stablecoin. I'm here to ask if you have a strategy for example you borrow btc with an interest rate of 6% and then you use it on defi with 8% APR. Thanks for helpful. Cool Cool
Borrowing money in order to invest is an advanced maneuver that should only be performed by expert traders, the reason for this is that you are taking an additional risk and as such it should only be done when all the factors align themselves and tell you that you have a very high chance of making money with such trade, if you do something like this when you are still a newbie thinking you can multiply your profits this way then you will lose all your capital in a heartbeat.
hero member
Activity: 3010
Merit: 666
May 03, 2021, 09:48:43 AM
Well, I don't recommend that. we don't know when a place could become a scam. maybe you can make a profit in the first round, but what about the next. besides, I think it's too risky to borrow money just to invest elsewhere. however, I don't think it should be recommended, and I think it carries a high risk.

Getting a loan and reinvest it wasn't a bad idea and not a good idea also. Well this idea was for a good loan maker with a good business and/or investment analysis or trading analysis because taking a loan without proper wisdom about reinvest was very risky. But in my own opinion, as long as you don't have to end in an idea of taking a loan why not try to sacrifice one of the things you have that are valuable that you think can give you an amount of principal that you needed to reinvest.
I'd find no good for this, actually. For the reason of committing a loan just to reinvest because you wanted to recover your losses, that is not a good idea. You just wanted to compromise yourselves in the future. If we have a plan to invest in crypto, it is better not a borrowed money especially when you have to pay some interest. We are facing a huge risk here, we are not sure what could be the result of our investment, and what I worried about is if we can still pay our loan just in case we fail again?
sr. member
Activity: 882
Merit: 269
May 03, 2021, 04:13:08 AM
Well, I don't recommend that. we don't know when a place could become a scam. maybe you can make a profit in the first round, but what about the next. besides, I think it's too risky to borrow money just to invest elsewhere. however, I don't think it should be recommended, and I think it carries a high risk.

Getting a loan and reinvest it wasn't a bad idea and not a good idea also. Well this idea was for a good loan maker with a good business and/or investment analysis or trading analysis because taking a loan without proper wisdom about reinvest was very risky. But in my own opinion, as long as you don't have to end in an idea of taking a loan why not try to sacrifice one of the things you have that are valuable that you think can give you an amount of principal that you needed to reinvest.
member
Activity: 868
Merit: 63
May 03, 2021, 02:44:17 AM
Yeah get a loan that you will probably default or cost you more interest because using it as an investment only works when you are a billionaire that can make things happen but if you are starting investor, I advice you to save money and then invest. Loans aren't your friend.
member
Activity: 182
Merit: 10
May 03, 2021, 02:12:49 AM
Hello. I see different platform like nexo, blockifi, etc... that can borrow you crypto or stablecoin. I'm here to ask if you have a strategy for example you borrow btc with an interest rate of 6% and then you use it on defi with 8% APR. Thanks for helpful. Cool Cool

Even though there are lot of platforms that offers to borrow any promising coin, I think it is still not a good idea. Market is still risky and unpredictable that is why many people lose their money in just one mistake. So even though it is a good coin that they are offering if we cannot handle it, we can't make earning through it. What are we going to use to pay the coin that we borrow if we lose? In addition, it has an interest. As long we are not giving back the coins we borrow, we will be immersed in debt.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
May 02, 2021, 05:59:32 PM
Hello. I see different platform like nexo, blockifi, etc... that can borrow you crypto or stablecoin. I'm here to ask if you have a strategy for example you borrow btc with an interest rate of 6% and then you use it on defi with 8% APR. Thanks for helpful. Cool Cool
Why not sell assets in real life and then reinvest it in what OP mention. Grin Basic thing to make investment is not to use money that be used on daily needs, which if we lose in investment not really interupt our daily needs. Use loan money to make investment will make it worse because no guarantee we can always profit in our investment in whatever the business is.
Going all in is just a suicide because there's no guarantee that you'll make money into this market which means you do need to handle up things accordingly and be sure to handle and be wary with the risk.

Taking some loan for the benefit on making out investment isnt something that you should really be doing.If you are really that eager to get in into some opportunity that you do spot out then its your choice

but as better as possible then you should be using up the money which you can only afford to lose because not all things would really go into what we are expecting.
sr. member
Activity: 903
Merit: 391
May 02, 2021, 05:42:53 PM
Hello. I see different platform like nexo, blockifi, etc... that can borrow you crypto or stablecoin. I'm here to ask if you have a strategy for example you borrow btc with an interest rate of 6% and then you use it on defi with 8% APR. Thanks for helpful. Cool Cool
Why not sell assets in real life and then reinvest it in what OP mention. Grin Basic thing to make investment is not to use money that be used on daily needs, which if we lose in investment not really interupt our daily needs. Use loan money to make investment will make it worse because no guarantee we can always profit in our investment in whatever the business is.
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
May 02, 2021, 04:31:52 AM
Hello. I see different platform like nexo, blockifi, etc... that can borrow you crypto or stablecoin. I'm here to ask if you have a strategy for example you borrow btc with an interest rate of 6% and then you use it on defi with 8% APR. Thanks for helpful. Cool Cool

The platforms like nexo or blockifi may give you loan on fixed interest rate but there is no grantee that you can earn more interest by investing it in any defi projects. If you want to invest in defi projects or staking then do it with your own money. If you take the loan, and your project failed, you will still have to pay the loan.  Sad
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
May 02, 2021, 03:30:13 AM
Hello. I see different platform like nexo, blockifi, etc... that can borrow you crypto or stablecoin. I'm here to ask if you have a strategy for example you borrow btc with an interest rate of 6% and then you use it on defi with 8% APR. Thanks for helpful. Cool Cool
Well, I don't recommend that. we don't know when a place could become a scam. maybe you can make a profit in the first round, but what about the next. besides, I think it's too risky to borrow money just to invest elsewhere. however, I don't think it should be recommended, and I think it carries a high risk.
legendary
Activity: 2436
Merit: 1362
May 02, 2021, 01:35:31 AM
Borrowing FIAT to buy Bitcoin can be extremely rewarding but it comes down to timing
and to whether you can pay the loan in the short to medium term.

I have done this twice last year, my idea was to "pre buy Bitcoin at a cheap price"

The timing was right because we were about to have the halving and were entering a bull cycle.

In february 2020 I was able to get the first loan and buy Bitcoin at around $10,000, I have
realised a 6x return on this and the loan is now paid.
You got lucky because bitcoin increases its price. But the OP is asking if he will borrow btc at a certain interest and invest it into a DeFI project with supposedly higher APR. I think, this one is very dangerous to take. Because you have no idea if that defi project will deliver their target APR. What if that particular DeFi is weak and haven't gotten the interest of crypto users? That APR will go down and you can't recover your losses.
This do certainly talks with some luck when you do make some loans for you to invest in bitcoin and able to repay those interest on specific time because not all would really
be having the same result or situation because the market is way too unpredictable.There's no way you can precisely tell thats why its risky to take some loans for you to
make out investment but if you can repay it without the need of those profits then go ahead .

Its a matter of risk and if it turns out to go along with your side then for sure you would really be happy in that case.Getting in as early of $10k is something remarkable.

I was among the unlucky ones, because I borrowed money from the bank to buy Bitcoin and altcoins in 2018. But until 2019 the crypto price had
not fully recovered and I was already having trouble paying my debt repayments. Finally, I had to sell my car to pay off the debt, since then I didn't
want to invest in crypto using borrowed money again. As you said, not everyone is lucky to be able to pay debt repayments, and also the crypto
market is difficult to predict. So it is very risky to invest using borrowed money, don't let my experience all of you experience it too.

Timing is everything. In the case of Bitcoin you moved too early in a bear market.
The same will apply again if we go into a bear market in 2022, there would be a
similar opportunity in 2024, possibly.

In the case of investing in some DeFi project, I would be very sceptical and with
borrowings, very apprehensive. There are way more variables to consider.

What DeFi project?
How do you know that one is going to rise to the top ahead of all the others?
What if the project team decide to disappear with the funds?

With Bitcoin the project is proven, with any new DeFi project you are relying on
an element of luck and hoping the DeFi idea doesnt fall out of favour for some
other shiny new idea or project, like the Altcoin scene
hero member
Activity: 2492
Merit: 542
May 01, 2021, 10:26:19 PM
This is a very risky move but at the same time if you can manage it well you can play it well some defi projects from known launchpads in bsc and eth are really profitable if you are lucky to enter just be sure you can join in Presale and your investment will either give you 10x-50x yes I have seen it in many defi projects like in Kickpad, Polkastarter, Duckstarter etc..I will not suggest some staking with APR since it will take a long time to earn the good thing is its a passive income but you need huge capital for you to earn huge return.
hero member
Activity: 900
Merit: 500
May 01, 2021, 06:30:34 PM
Hello. I see different platform like nexo, blockifi, etc... that can borrow you crypto or stablecoin. I'm here to ask if you have a strategy for example you borrow btc with an interest rate of 6% and then you use it on defi with 8% APR. Thanks for helpful. Cool Cool
Get a loan and reinvest it is not the best solution if you want to earn money in cryptocurrency, remember that crypto is fluctuating, if you choose the wrong asset then you will regret your decision. You should join in crypto using side funds, not loans or your main funds because this is so dangerous. Also, don't sell your real asset only for join in crypto
yap, I don't know man, but I already know a scheme like this and still don't like it, lol. sticking to the fundamentals, only investing in something you can afford, I think it's safer and will bring better profits
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
May 01, 2021, 06:13:48 PM
Think of the very huge difference that the exchange will have and you being the borrower, you'll have the lower part of your own portfolio.

Investing and thinking of its 8% while you only have to pay for the 6%. Don't you think of the market's volatility? if it's stable coin then it's up to you and do that strategy that would make you earn 2% but it's not the usual case because there's lower amount given to you from your collateral.
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