Pages:
Author

Topic: Have you ever borrowed fiat to get btc? - page 25. (Read 1741 times)

member
Activity: 266
Merit: 10
January 06, 2018, 10:20:14 PM
#36
Years ago I used to borrow money to finance my business. Using other people's money is a wise move to finance your new venture. Since I already have extra cash for a new business, I used this to invest in btc. If I don't have money to invest in btc today my option is to borrow and I don't see anything wrong with that. Just make sure there's a big chance of succeeding.
sr. member
Activity: 672
Merit: 251
January 06, 2018, 10:15:55 PM
#35
I haven't borrowed fiat to get bitcoins. But this thing was told for us to do. Mr. Val part of Nem industry, we need to gather friends and join our money together and get bitcoin and hodl for months/year.
full member
Activity: 392
Merit: 100
January 06, 2018, 10:02:16 PM
#34
No, i haven't borrowed any money just to get or invest btc. I have challenged myself to get the most valued crypto currency in the cryptoworld by not putting up money or capital. I want to get it using my time and effort only through this forum and i did it. My hardwork pays off and it's a very good feeling that i made it.
member
Activity: 518
Merit: 11
January 06, 2018, 09:59:17 PM
#33
I never borrow fiat, what I do today is collect some money to buy bitcoin. it does not matter if I have a bit bitcoin, because I'm more satisfied doing it.
newbie
Activity: 350
Merit: 0
January 06, 2018, 09:56:05 PM
#32
Never. , I think that borrowing money money and investing in bitcoin is not a reasonable plan. If already done, you have to take another risk due to flat money.
full member
Activity: 672
Merit: 105
January 06, 2018, 09:48:07 PM
#31
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.
Since I can say that I am a new person in this industry, and I do not really understand about other Bitcoin technology support, I am currently participating in every appropriate signature campaign to get Bitcoin, because it does not use fiat to get Bitcoin.
full member
Activity: 1210
Merit: 100
January 06, 2018, 09:47:59 PM
#30
I never did that, but I once sold my vehicle, to buy and get bitcoin, so I still have some BTC today. and still waiting for bitcoin prices up to $ 50000.
sr. member
Activity: 700
Merit: 251
January 06, 2018, 09:39:45 PM
#29
No, i have not done that. I don't know if i'll do that in the future, but i prefer earning bitcoin freely rather than using my real money though.
But maybe if there's condition where i need to use my real money for bitcoin, and it'll gain me many profits, i'll consider that and start to do so.
Since i haven't got a job yet too, so it'll be hard for me to ask for a loan or something since they won't give us if we don't have a proper job and promising salary.
member
Activity: 266
Merit: 13
January 06, 2018, 09:25:54 PM
#28
I realize it’s a risk, because if I borrow money for this. My wife would kill me.  Grin
member
Activity: 226
Merit: 10
January 06, 2018, 07:43:50 PM
#27
No, but I have refused to pay my credit cards for several months so that I did not have to cash out my undervalued coins...which ended up being worth it in the end Tongue
member
Activity: 378
Merit: 10
January 06, 2018, 07:20:02 PM
#26
I'm thinking of it...but as I read some replies I will rather earn it and wait the right time.
Bitcoin is now too expensive.
I will just wait until I can join in bounty and earn some token that can be trade to bitcoin.
Hopefully I can join in good or legit ico.
member
Activity: 224
Merit: 10
January 06, 2018, 07:00:59 PM
#25
I consider it but I realized that it's a risk because I don"t have a concrete assurance that I can get profit.Even though Bitcoin has a big value now,you will always think first on how to pay what you have borrowed.However,if you really want to have btc and you don't have a capital to buy it then it's a good idea.It has been done by all businessmen in the world.Just prepare yourself if ever you failed and don't get despair.Always have positive thought.
member
Activity: 182
Merit: 10
January 06, 2018, 07:00:37 PM
#24
Well it seems risky to borrow fiat money to buy bitcoin. But my friend took credit from bank 2 months ago and he did it 3x in 2 months. And he paid back the main money. I know it is risky but it works as well.
full member
Activity: 448
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
January 06, 2018, 06:48:31 PM
#23
I've never tried it, because I'm the type of person who doesn't want to have any debt. Since the time I started here I have never used other's money instead I just used my hard earned money because I have it and it was not necessary to borrow or to lend
sr. member
Activity: 588
Merit: 251
HELENA
January 06, 2018, 06:36:20 PM
#22
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 just withdraw my savings then I purchase btc.  It's  my way of getting involved into trading that will serve as my future investment.  I am really happy because I already get some profit in trading.
full member
Activity: 742
Merit: 144
January 06, 2018, 06:33:59 PM
#21
So far not yet, but I am planning to do so because I believe, I can pay for that including the interest through the profit that I can get with bitcoin but I'm still thinking because its too risky and there is no assurance that I can earn profit easily.
full member
Activity: 812
Merit: 101
January 06, 2018, 06:25:00 PM
#20
I never borrow fiat to get BTC or buy mining tools, I better find and own business than have to borrow, let alone to sell home to get 1 BTC. I do not dare.
full member
Activity: 602
Merit: 100
January 06, 2018, 06:28:24 PM
#20
by asking such question to me it looks like you do Grin
But I read somewhere, do not remember where, according to survey around 18% of crypto user is investing using loan money
I personally wont do that, wont risk my loan for some speculative asset
I will use my current crypto portfolio to re-invest, I even withdrawn my initial capital already, so it is all about profit Grin
People tend to borrow fiat because of  so many reasons like they want to invest in a crypto where they can earn early profit or buy some coins in a lower value and sell them with good profits. There are so many ways to earn in a crypto world all we need to do is always be active.
member
Activity: 805
Merit: 26
January 06, 2018, 06:21:43 PM
#19
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.
Nope. I didn't borrow any fiat just to make it btc and use it in tradings. I am not a fan of cashing in. Though I am attempting to do that because as the cryptocurrency makes better nowadays, I want to trade using my earnings in crypto promotions and airdrops only.
I will wait until my first payment here in bitcointalk comes to me and I wil use it as my capital in trading or mining.
member
Activity: 266
Merit: 13
January 06, 2018, 05:43:30 PM
#18
Yes i ever borrowed once to buy bitcoin, at that time I saw a good opportunity to make a big profit but got no money so I went to borrow money from my friends, but it's not a nice experience, even though the result come out as I predicted but it took longer than I expected, and I getting stress thinking about how to repay if my prediction is wrong

That’s a good way to lose friends. If you lose the money.
Pages:
Jump to: