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Topic: Have you ever borrowed fiat to get btc? - page 21. (Read 1741 times)

member
Activity: 168
Merit: 10
January 08, 2018, 06:53:11 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.
No. that would be too risky to borrow money from someone and invest it in bitcoin.
newbie
Activity: 35
Merit: 0
January 08, 2018, 06:17:48 PM
No i love bitcoin but I will never borrow fiat to buy bitcoin
member
Activity: 266
Merit: 13
January 08, 2018, 05:52:59 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 did sighed here and now because I really made some borrowings to invest into what I thought was Cryptocurrency. I still haven't gotten my cash back till date and still being hopeful I will get it back. With this experience I will not advise anyone to invest initially with cash not to be wasted as much as the profits might be really inviting. Be patient to get your own real cash and invest bit by bit. Like we all know, the market is still fresh and new.



Just keep holding my friend and you will get it back eventually.
full member
Activity: 490
Merit: 101
January 08, 2018, 05:12:33 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 did sighed here and now because I really made some borrowings to invest into what I thought was Cryptocurrency. I still haven't gotten my cash back till date and still being hopeful I will get it back. With this experience I will not advise anyone to invest initially with cash not to be wasted as much as the profits might be really inviting. Be patient to get your own real cash and invest bit by bit. Like we all know, the market is still fresh and new.
full member
Activity: 210
Merit: 128
January 08, 2018, 04:29:44 PM
To me I have not borrowed fiat just to get btc. But a financial mania is an amazing thing to experience. The crash of 2008 sent a chill through the American financial system, making it seem like the psychic scars might prevent another asset-buying frenzy for decades.
newbie
Activity: 211
Merit: 0
January 08, 2018, 03:29:57 PM
Yes I borrow money from my friend to invest in bitcoin.According to me bitcoin is a very good investment.
member
Activity: 532
Merit: 10
BITCOIN IS THE CURRENCY OF THE GLOBE
January 08, 2018, 03:02:59 PM
I had to borrow from a friend to buy the first Bitcoin  I own,Buying Bitcoin is a form of investment that is worth borrowing to get.
member
Activity: 574
Merit: 12
January 08, 2018, 02:56:50 PM
I have borrowef fiat twice to buy btc and I didn't regret doing that because after purchasing the btc, few weeks later I made twice the amount. I paid back the fiat money borrowed and still had lots to spend after that.
member
Activity: 434
Merit: 11
January 08, 2018, 02:10:41 PM
I did once, but paid it back right away because of the risk of losing it. That was a big mistake. I wouldn't recommend it though.
Did you profit from the credit or Deposit to earn only the loan were you able to return?
copper member
Activity: 658
Merit: 284
January 08, 2018, 02:04:42 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.

Well, i didn't tried to borrow fiats to have and get bitcoins. Since, bitcoin is minable and volatile. I tried to earn and mine. I noticed that Mining is very hard but i mined many coins. I also tried to join gambling and investment sites to earn bitcoins. Indeed, i didnt tried to use fiats to have bitcoin because we can have bitcoins without cash in.
No. I don't really think it is a good idea to borrow money from someone and invest it into bitcoin or any other cryptocurrency because it is too risky. I always prefer investing my own hard earn money into bitcoin and all the rest of altcoins investments. I believe that way i can have a safe of mind.
sr. member
Activity: 280
Merit: 250
January 08, 2018, 01:54:32 PM
I did once, but paid it back right away because of the risk of losing it. That was a big mistake. I wouldn't recommend it though.
member
Activity: 238
Merit: 10
January 08, 2018, 01:48:52 PM
I did not borrowed any fiat. I'm trying to manage all by myself withouth help, and i plan a few investments in the near future.
member
Activity: 266
Merit: 13
January 08, 2018, 01:28:20 PM
I am really resisting doing it. The risk is just so great at this point.
full member
Activity: 630
Merit: 100
January 08, 2018, 01:12:47 PM
Yes i borrowed $2000 in the 2014 and bought btc against that fiat currency. That was my lucky time when i bought the btc and now it is giving very huge profit which is sufficient for now daily expense and saving. bitcoin holding is the best strategy for every body and all the btc i bought that time that i have hold it and will be sell on the price of $100000 when ever it will reach to this price.
member
Activity: 60
Merit: 12
January 08, 2018, 12:58:46 PM
yes, I often borrow the fiat to I invest in the form of bitcoin, the first time I borrowed a fiat is $1500, I use bitcoin to join the program Lending
newbie
Activity: 70
Merit: 0
January 08, 2018, 12:43:51 PM
Of course not. The first rule of investing money: invest only what is not a pity to lose.
sr. member
Activity: 294
Merit: 252
January 08, 2018, 12:14:12 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 known bitcoin I came into the situation of borrowing money from loan in order to buy for bitcoin and make some investments with cryptocurrency. Yes I got huge profit and I paid my loan amount but I came into realization that it is still good to invest bitcoin without borrowing fiat because investing in cryptos is so risky but if you are a risktaker then maybe you can.
legendary
Activity: 2954
Merit: 1155
Leading Crypto Sports Betting & Casino Platform
January 08, 2018, 12:07:12 PM
#99
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 haven't, but sometime my friends borrow me my money and i lend him/her my money. i have my belief that I better not have or be patient than to force myself and borrow from others
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
January 08, 2018, 11:57:22 AM
#98
No. I've never borrowed fiat in my entire life for one single object. Sometimes I do wish i didn't give a shit about debt because people with that mindset can have a high old time if they don't care. The hangover will hurt though.
member
Activity: 188
Merit: 12
January 08, 2018, 11:44:35 AM
#97
No ,I havent did it to borrow fiat to buy bitcoin,i can see that it was too risky to do it,we have different ways to earn bitcoin and i rather choose to be patient to earn it.Im here in this forum and joining signature campaigns inorder to own bitcoin..to strive hard is whàt i did and be more patient..but we cant blame anyone who get some loans to own bitcoin they are people who are risktakers and truly believe in bitcoin .
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