No, the result I get from bitcoin
is real, income from bitcoin itself, I gather little by little to grow
I do not dare to borrow, because I think about the big risks
Topic: Have you ever borrowed fiat to get btc? - page 16. (Read 1741 times)
No, I never borrowed to either buy crypto (BTC or otherwise) or equipment. I was lucky to buy in fairly early and was able to get all my fiat back and am effectively in the game for free now. And what a fabulous game this is. It is the future. But no - borrowing fiat to buy crypto- that way lies madness. Madness I tell you.
Good luck to everyone out there
Good luck to everyone out there
If I could I would do that mate. I have a lot of trust in bitcoin. I understand that it is risky but I think it is worth it.
Whether it be buying btc or buying equipment to mine btc. Did you ever borrow fiat to make your purchase? I have not. Just curious if anyone ever has.
The opposite, someone borrow money on me to make purchase of bitcoin. Although i almost borrowed before but then decided to just save some until I'd be able to buy for myself.
I would never borrow money to buy crypto coins.
The risk is just too much.
The risk is just too much.
I borrowed about $ 100 for trading capital, to my sister
whether it is, luck or other factors, the money becomes 10-fold
But I am grateful for that, now I already have enough capital to start trading bigger
whether it is, luck or other factors, the money becomes 10-fold
But I am grateful for that, now I already have enough capital to start trading bigger
I do not agree with borrowing to invest in crypto currency dealing or buying equipment . The risk in crypto dealings and one can easily lose investment if care is not taken
I think borrowing money is stupid in general, even if you use to purchase BTC. Borrowing money only feeds banks...
I did not borrowed fiat to buy bitcoin , Since bitcoin and other crypto currencies volatile in crypto market ,you cannot predict what will happen rise or fall. Best is to buy bitcoins when price value is less ,and when bitcoin price rises and when your requirement met you can sell it. Another best part is earn bitcoins instead of borrowing fiat and cryto currencies.
Actually, I am excited about bitcoin very much, I’ve never borrow fiat to buy such any coins .Because for me ,bitcoin is such an extra work, I know how much risky in this crypto currencies, so I think that it’s so stupid if I borrow someone fiat to buy bitcoin. In fact, with digital market you and me don’t know exactly whether the price will go up or fall, it’s really mysterious. It fluctuates regularly ,hence, I choose the safe way to do with it. Maybe I won’t get a big benefits, but I have chance to get a little as long as I can learn more about this market.
Yes, i've tried that when I was a beginner and I'm not yet knowledgeable about bitcoin. I borrowed fiat and convert it to bitcoin to have a profit. But still, its up to us if we'll borrow if you're sure you'll earn more 
I never try borrowing fiat to invest on bitcoin or to buy a miner. Maybe if I discovered the use of bitcoin few years back, I probably get some loans to buy a good miner and invested some on bitcoin. But now it is now advisable to get loans for that because mining now become difficult and lot of hackers trying to hack big sites like what happened to nicehash and other pool sites.
Whether it be buying btc or buying equipment to mine btc. Did you ever borrow fiat to make your purchase? I have not. Just curious if anyone ever has.
It is not a good idea to borrow to invest in a volatile venture such as cryptocurrency or Bitcoin specifically, no matter how juicy you think the ROI is. I haven't borrowed for this course and I dont think I will ever do that. What do you think became of those who borrowed and invested in the now collapsed bitconnect? A lot of heartache and troubles now, right? 
Yes I did in around 2015, I borrowed some money from my parents to get me couple Bitcoins. And now most of the Bitcoin I have saved are stuck on Bittrex.
I guess this could be almost the most dangerous thing you could do. The only more dangerous thing you could do is to borrow BTC to buy FIAT.
Not yet but I’m planning to. The value of bitcoin this couple of days is dumping. It is pretty bad for holders but it would be a good opportunity for new time investors who can buy bitcoin in a lower price. If bitcoin will continue dumping, maybe I’ll burrow money from my trusted friend and pay him when bitcoin regains its peak value.
Whether it be buying btc or buying equipment to mine btc. Did you ever borrow fiat to make your purchase? I have not. Just curious if anyone ever has.
No i don't, because that is not a good idea mate, I have not tried to borrow fiat to invest in bitcoin currency, because you can earn bitcoin in other ways, actually there are many ways to earn bitcoin without borrowing fiat, just like joining signature campaigns, twitter or bounty campaigns, in that way you can earn a bitcoin as working salary.
In my opinion it is very risky to borrow fiat money and invest in bitcoin. Yes I believe that in 6 months bitcoin price will be 2x at least but what if not? So its better to put your own money or if you dont have enough money to invest you shouldnt any.
Whether it be buying btc or buying equipment to mine btc. Did you ever borrow fiat to make your purchase? I have not. Just curious if anyone ever has.
Im planning to do that in the future when im already stable and have a work. I will borrow or have a loan in the bank then i will use the money to buy bitcoin or to work on bitcoin by mining. I know it can greatly benefit me and my future family so i will invest money to it.
I don't like to get into debt so i don't borrow any fiat to just get some bitcoin because for me, there is no sense to get some bitcoin if you can't afford it and there is no way for my opinion to get into debt because once you get in, then you will have a high chance that you will have some hard time in getting out from it because you will be tempted to just borrow and borrow since they are giving you money.
If you’re in the position where you have to borrow money to invest, you’re probably in more dire straits that need immediate attention. Investing, whether in cryptos or conventional stocks, is not the lottery. Or maybe it is? Not everyone is a winner and a vast majority are losers. The saddest thing I can think of is someone at the end of their rope and borrowing money they can’t afford to pay back to invest as some kind of “hail mary” to try to turn their circumstances around.
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