Have you ever borrowed fiat to get btc? - page 26.

A.Delaney

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Quote from: dhka on January 06, 2018, 12:59:39 AM

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I will use my current crypto portfolio to re-invest, I even withdrawn my initial capital already, so it is all about profit Grin

Lol I don’t but I would be lieing if I said I had never thought about it. I mine and the temptation to borrow to buy a large amount of miners that would roi in 3 months is tempting.

dhka

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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I will use my current crypto portfolio to re-invest, I even withdrawn my initial capital already, so it is all about profit Grin

MarkusIsaiah

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I did not borrowed any amount of fiat to have bitcoin. I get my bitcoin for free. I just joined campaign signature to have a bitcoin i just save it. sometimes i play gumbling then i won a bitcoin. In that way i get my bitcoin. You don't need to borrow fiat to have a bitcoin just be patience in the beginning you will not earn any bitcoin because you need to rank up your account to qualify to a campaign.

dark08

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Quote from: Sab11 on January 06, 2018, 12:47:02 AM

I never try to borrowed fiat to purchase bitcoin in my whole life first of all bitcoin is votile we dont know what the next price of bitcoin i dont want to take the risk, im okay to earn bitcoin for free in trading and signiture campaign.

Trading is also risky because the whole market are form of big whale there wil be tendency that you will loss in only second or minutes.
By the way I dont ever try to barrowed fiat to get bitcoin because there is no gurranty that you will earn good profit soon I only ear bitcoin by joining signature campaign and trading altcoin this is risky by I only gain profit by doing day trading. I read some comment that most people now a day are taking risk to get involve in bitcoin industry.

Indrawan77

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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

Jaya912

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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 buying bitcoin or mining has opportunity profit that activity but if borrow fiat to buy bitcoin or mining i think thats not good choice. I think we have to buy bitcoin with amount that we can afford. So i never borrow cash to buy bitcoin.

senin

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Despite the fact that the general trend indicates a steady increase in the bitcoin rate and the receipt of good profits from investing in it, taking a loan in fiat to buy bitcoins for it is too risky. Since, as a rule, a loan is taken under the splash of real estate, this risk in any case can not be justified, given the high volatility of bitcoin.

Sab11

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I never try to borrowed fiat to purchase bitcoin in my whole life first of all bitcoin is votile we dont know what the next price of bitcoin i dont want to take the risk, im okay to earn bitcoin for free in trading and signiture campaign.

mostkey

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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 seems for now if you want to do mining. it will be difficult if you want to run it correctly. the purchase of mining tools and assembly will cost a great deal and not necessarily this will benefit you for now. sometimes the cost incurred does not match the income in the can

marcuslong

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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.

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.

A.Delaney

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Quote from: adpinbr on January 05, 2018, 11:25:22 PM

Yes trying to got some loan and buying it bitcoin is the first one that i ever tried after i learn all about in bitcoin (not at all) hehe, but yes it’s so fun borrowing fiat and buying it into bitcoin. Then, will gain some 20% profits hehe that’s what i like to happened hehe

As long as you’re gain rate is higher than you’re interest rate.

adpinbr

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Yes trying to got some loan and buying it bitcoin is the first one that i ever tried after i learn all about in bitcoin (not at all) hehe, but yes it’s so fun borrowing fiat and buying it into bitcoin. Then, will gain some 20% profits hehe that’s what i like to happened hehe

A.Delaney

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Quote from: buytheeffinD on January 05, 2018, 11:02:04 PM

Yeah I have and that is the current situation I am in. Also I am borrowing funds to cover my life expenses so I can keep all my crypto. Needless to say don't do it like me I owe a bunch of people now Tongue

.

Dam you’re all in and then some.

Lindazz

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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.

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I dare not, because the risk of encryption money market is very big, borrowing money investment is obviously not a reasonable plan.

rphk

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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.

buytheeffinD

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Yeah I have and that is the current situation I am in. Also I am borrowing funds to cover my life expenses so I can keep all my crypto. Needless to say don't do it like me I owe a bunch of people now Tongue

.

A.Delaney

member

Activity: 266

Merit: 13

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.

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