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Topic: Have you ever borrowed fiat to get btc? - page 5. (Read 1742 times)

member
Activity: 294
Merit: 10
W12 – Blockchain protocol
No i haven't borrow a money to invest/buy bitcoin. That's the reason why i participate in bounty since it's one of the effective way to earn bitcoin without cashing your money in for it anymore.
member
Activity: 112
Merit: 12
Now I have an idea to borrow money to buy bitcoin and ethereum while such low price. But I still thinking about it. Undecided
newbie
Activity: 224
Merit: 0
I did not borrow fiat to buy bitcoin, as bitcoin and other scripting currencies are volatile in the crypto real market, you cannot predict what will happen, will happen or will fall.
full member
Activity: 322
Merit: 100
No, I have never done that. But I think it is logical as the numbers that bitcoin gives you as profit are so high when ised in the correct way that they would exceed any interest of any loan you take and you will still be able to make money.
member
Activity: 434
Merit: 11
🤖UBEX.COM 🤖
No, I am not thinking borrowing fiat to get BTC because I believe that i can get BTC just by joining in bounties and other activity here in the forum.
member
Activity: 406
Merit: 10
i haven't try it yet. i just spend funds from my incomes to start in cryptocurrency.
if you sure that bitcoin price will be increased much later, borrowing some fiat to buy bitcoin may not a bad option.
newbie
Activity: 27
Merit: 0
No I really didn't have borrowed money because its against my ethics and my life rules
full member
Activity: 504
Merit: 100
Bitgesell (BGL) Decentralized Cryptocurrency!

As for me, I haven't done it yet to buy btc or mining set's cos it's kinda dangerous and risky to take money for investments...
newbie
Activity: 67
Merit: 0
Who can borrow money for investment on such unsure returns? rather I would invest on real estate by borrowing
full member
Activity: 273
Merit: 100
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 have never done yet but I have seen people doing this, probably they dont have income in Bitcoin, which is a great idea since you Bitcoin pumps, but didnt they know the one who sells Bitcoin has less opportunity to have since the Bitcoin pumps they got the fiat same just the amount if Bitcoin pumps it will double.
newbie
Activity: 86
Merit: 0
I don't want to borrow fiat to buy BTC but if I have unused fund that can be used partly. I prefer earning to buying btc because no risk to lose your money.
sr. member
Activity: 728
Merit: 250
Buy, sell and store real cryptocurrencies
No, I have never borrowed fiat to buy BTC or mining equipment. I don’t think it is a good idea to borrow for investing.
legendary
Activity: 1470
Merit: 1002
I never invest more than i have. Need to be smart when we make choices, and borrow money is the least that i will do. 
jr. member
Activity: 252
Merit: 4
Ethereum Limited Edition ICO
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 didn't try to borrow or loan for money to purchase or invest in bitcoin. I joined airdrops and now bounty campaigns to earn so that I can invest in bitcoin without using my hard earned money or borrowing money .
sr. member
Activity: 574
Merit: 250
I have never borrowed fiat for bitcoin rather i work for it by doing signature and mining and sometimes trading. Borrowing is not a good concept because it can put one under pressure most times.
sr. member
Activity: 910
Merit: 252
No i did not borrow money for either bitcoin trading or bitcoin mining . Now market is bearish planning to buy some good coins along with bitcoin . But if i am buying also will buy from my savings not from borrowing from friends or taking loan from bank . Lots of people in my place doing this but i dont encourage. Because invest the money what you afford to loose.
newbie
Activity: 224
Merit: 0
i never borrowed fiat to get the btc. maybe other peoples do for gain some profits in bitcoins.
but i don't think that will work right now, because the market price still at the low position.
newbie
Activity: 108
Merit: 0
Better to borrow fiat in order to invest in bitcoin especially when tge market is red notong that the price is low that is the best time to buy so if u he fiat you are in the advantages to gain profit... Multiple times of what princip value that had been invested ,when market is green you profited.
sr. member
Activity: 728
Merit: 250
Borrowing money for investment it's a bad thing, market can be predicted only by the good professionals or enthuziast so its very risky  Undecided
Borrowing money most the time is a bad idea, people ask for loans for some of the most ridiculous reasons, I can understand that someone ask for a loan if he is sick or he needs to feed his family but people ask for loans just to buy some stuff they do not really need and that is something that bothers me because they will need to pay huge interests for something that only devalues over time.
newbie
Activity: 272
Merit: 0
I never do that to borrow a fiat to get bitcoin, I think I with little capital for me also no problem, because bitcoin is very easy to gain in many ways, if you want to get a lot of profits with small capital, you can trade in altcoin.
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