Have you ever borrowed fiat to get btc? - page 17.

Nfp

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Quote from: A.Delaney on January 05, 2018, 10:36:09 PM

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.

Instead of borrowing of others money just to invest with crypto currencies, why don't you work for it? There are some different methods on how you can earn cypto here in this forum without any capital to invest with it. Through participating in different campaigns that paids you bitcoins and alt coins, that you can use for your investment plan.

jayco25

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I think not a good idea to borrow fiat from friends just to buy bitcoin or other digital currencies. Its better if you really want bitcoin it from your own pocket or if you have no money join bounty program to have profit.

$$$sparkles$$$

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Quote from: A.Delaney on January 05, 2018, 10:36:09 PM

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.

I do owe a few people but not to purchase bitcoin or any other crypto. I invested in crypto out of my own pocket. I think that would give more sense and value in my investment. Starters don’t really need to invest huge from start. We can start small and just work things out from there.

syahdurindu

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Quote from: A.Delaney on January 05, 2018, 10:36:09 PM

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.

When I first heard bitcoin in 2017, I intend to invest but I am afraid because I do not really believe in bitcoin, I finally cancel my intention and just follow some bounties. Then at the end of 2017 I saw how good the bitcoin price was but I did not have the money to invest or do other work in the bitcoin field, I thought I would borrow money but I did not dare risk it, I was afraid I could not refund the money I borrowed and became a disaster for me, therefore I decided to be patient and collect capital from hard work itself, until now I am still trying to get capital without borrowing on others.

carlisle1

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Campaign Management?"Hhampuz" is the Man

Quote from: A.Delaney on January 05, 2018, 10:36:09 PM

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.

nah ofcourse not,though theres a lending offered here in crypto,and ive had more friends to lend me a hands if ever i need it,i don think i will do such because i have my funds in wallet,and if ever i am short.i will withdraw my long term funds to fulfill my needs.i am ready for this kind of situatiom

naufals4

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Quote from: A.Delaney on January 05, 2018, 10:36:09 PM

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.

i think you should not borrow fiat from bank or anything else to mine Bitcoin or trading in it cause no one can know the future price about this bitcoin thing. cause if you borrow them you'll get debt and if the price really really fall what should you do? if you want to invest in bitcoin go buy mining rig with your own cash not from borrowed money.

simpleholmes

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I don`t think that it is logical to invest the others money into a market because you can not be comfortable in my opinion and have a presure into yourself

gundala

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Quote from: Lare linglung on January 26, 2018, 06:43:15 PM

I am grateful, I have never borrowed fiat to buy btc, because I tried to buy btc from the result of following the signature campaign and sifted a little money from the result I worked as factory worker.

That's the best way. I also do the same thing. I used to have no capital at all, then I join bounty project.
Reward from bounty project I use for trading and get bitcoin.

Fire316

newbie

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I never try to borrow fiat and enter in debt just to buy bitcoin. It is difficult to have loans then the money you borrowed will lose in bitcoin. Bitcoin is risky specially when you do trading and short term investing. I just put an amount that i can afford without borrowing to others.

Lare linglung

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I am grateful, I have never borrowed fiat to buy btc, because I tried to buy btc from the result of following the signature campaign and sifted a little money from the result I worked as factory worker.

A.Delaney

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Quote from: Barbarian on January 26, 2018, 06:29:11 PM

Quote from: A.Delaney on January 05, 2018, 10:36:09 PM

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.

That seems like a terrible idea to me, I do not like borrowing for any reason, that is just a tool the banks use to enslave people, they say slavery is illegal but I see slaves everyday, people that have to work in a job they hate so they can pay all the stuff they paid with easy credit of the banks.

You just described my life perfectly. Lol ok it’s not that bad. I have a house and my own business. Neither one are paid off but get closer each month.

bul

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I have never borrowed any significant amount of money in my entire life. I think that borrowing money to put into crypto is really dangerous. It is better to invest the money you own yourself, even if it's a small amount. If you lose the money you have borrowed you are in some real trouble!

Barbarian

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Quote from: A.Delaney on January 05, 2018, 10:36:09 PM

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.

That seems like a terrible idea to me, I do not like borrowing for any reason, that is just a tool the banks use to enslave people, they say slavery is illegal but I see slaves everyday, people that have to work in a job they hate so they can pay all the stuff they paid with easy credit of the banks.

Nakaba

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Quote from: A.Delaney on January 05, 2018, 10:36:09 PM

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 very risky thing to do specially if you just borrow it from credit card, unless you know how to read a chart and you see that bitcoin will pump up anytime soon. I know someone who did this but he get a profit because bitcoin is in a bull run.

ranz_18

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Quote from: A.Delaney on January 05, 2018, 10:36:09 PM

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.

If you are 100% sure that you can earn profit in investing bitcoin, then you can borrow fiat currency to get bitcoin. Cryptocurrencies are risky, we can loss our investment anytime due to its volatility. So , for me it is not advisable to borrow fiat currency just to purchase bitcoin.

A.Delaney

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A few years ago I had the opportunity to buy a stock at $1 per share that was a sure thing to go to $8 per share. It was at an all time low. I didnt really have the money at the time and I would have needed to borrow it to invest. I ultimately didn't do it because I was too scared of the risk and wasn't real familiar with trading anyway. Well within 5 months the stock went from $1 to $13 a share. The guys I knew that had invested were pretty happy. It sucks thinking about it.

A.Delaney

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Quote from: onemoretime8520 on January 26, 2018, 04:52:34 PM

before investing into crypto world me and a friend of mine borrowed a credit from bank to invest into the market and fortunately we were able to give it back after 2 months, yes I have borrowed

You were certainly confident in your investment.

onemoretime8520

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before investing into crypto world me and a friend of mine borrowed a credit from bank to invest into the market and fortunately we were able to give it back after 2 months, yes I have borrowed

onemoretime8520

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The World’s First Blockchain Core

before investing into crypto world me and a friend of mine borrowed a credit from bank to invest into the market and fortunately we were able to give it back after 2 months, yes I have borrowed

Ash13ley

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No, its a crucial way to do that bitcoin is very volatile and we never know when can you get the interest of your investment.

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