Topic: Have you ever borrowed fiat to get btc? - page 7. (Read 1741 times)
In some time i borrowed money from my parents to buy bitcoins and fortunately i already paid back it to them since i got my profit on bitcoin after the price has increased last year, but after getting profit from it i have my own money and invested on some ICOs. I borrowed money because im just a student as of now and do not have a source of income, anyways i have savings and invested it to bitcoin.
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 know that's the main condition for successful trading is to invest only your own cash. I borrowed fiat for investment in the past, to my shame...
No, I never did and I think it would be a bad idea. Bitcoin is too volatile to depend on its rise, especially with borrowed money. Never invest more than you can afford to lose.
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 never borrowed it ...
Yes of course in the past. I only borrowed when i saw the price of bitcoin is too low and that time i don't have money and my money was already been used to paid for my expenses. Even if i don't like borrowing money, i borrowed because i had faith in bitcoin before that it can go back high and it happens. After that i paid my debt and i don't borrow after that because if you borrow and you invest the money. You are risking a lot because we will never know if our investment thru debt will profit or not.
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.
Yes, I am just like you. I personally never borrow fiat to buy Bitcoin or buy other equipment to mine Bitcoin. 
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.
Yes i borrowed before in my best friend to try in investing in bitcoin and ethereum, but its just a small amount by trying if it will grow after a couple of months. After 2 months my bitcoin value has been doubled and i already pay the money that i borrow to my friend. After that he also buy crypto.
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 never do that. because I have enough capital for bitcoin trading.
I think someone should have knowledge first can only speculate in engagement on crypto or bitcoin.
although by borrowing money and putting it in bitcoin. no problem, provided you know to manage and bring benefits.
This is a very normal situation. If bitcoin prices drop and you don't have enough coins to buy, it will be a pity because we know it will always rise. So many times I will borrow money from others.
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've never done that before. I think it's a bit risky to borrow fiat and buy bitcoin or buy equipment for mining. Just imagine the income in bitcoin is uncertain, I mean we do not know when will get the income. So it's better not to buy bitcoin if you do not have the money. Be patient to buy bitcoins with your own money.
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 never try to borrow money to buy bitcoin long ago i was joining in some small bitcoin faucets and and my earning there i put in trading i earn but not big. But alreast i did not borrow money from others to buy bitcoin. Now i was earning a few bucks of dollar in trading.
Never, I am not interested in borrowed fiat to buy bitcoin, this is because the bitcoin price is so volatile that it keeps me alert for and not dare to risk to borrowed, I just rely on monthly salary or bonus to buy bitcoin.
Yes I borrowed and invested it in a HYIP site in order to get BTC. It promises members to receive 10% daily but sad to say there's no forever in this world. Then I borrowed again in other people and got scammed again and again haha
Never happened in my life, First thing i don't have any asset to collateral my borrowed money, and second, i used my physical abilities and skills to obtain income, i don't need to barrow just to invest in bitcoin because its unpredictable, I don't have assurance of the possible outcome of bitcoin, better i will join to signature campaign or in bounty programs to earned income without capital to invest:)
For now, I did not borrow yet any money for bitcoin investment. Because, I don't want to lose any money while I am still a teenager. The one that I am focusing on is the bounties, campaigns and other ways to earn bitcoin. In order for me to have investments in the future.
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 a little bit similar experience. I did not borrow fiat money to buy Bitcoin. But I once asked a close friend to send me 400 USD worth of Bitcoin and then I will send him the payment later on. There was already trust between us because we were close friends. There was no need to use an escrow or any collateral. I was actually expecting some money at that time but then I really wanted to buy BTC with a particular price that's why I did that. It was kind of an emergency.
For me it's not advisable to borrow fiat money just to invest in bitcoin or in any alts and ico. The risk in investing here is very high and you can't know for sure when you are going to profit or if you're going to profit at all. Borrowing fiat means you need to return what you borrowed in a certain time, what your deadline comes and you're not still profiting in your investment? Only invest what you can afford to lose.
Yeah I did for me to be able to start the trading and luckily I have doubled it so as soon as I did paid my debt and Multiplied my profits again and again.
A few years ago I borrowed money to invest in the project. That project turned out to be fraud and I just lost money. But past experience has taught me not to take money for investing in debt or on credit. So for investment in crypto currency I have already used only free funds.
I've experienced it, But it's just one time.
I saw because the price of bitcoins dropped suddenly and I had no money so I borrowed money from my friend.
And the bitcoins price has fallen somewhere so I can not pay,
So I'm not going to repeat what I'm doing, Because it's really risky and friendships are at stake here.
I saw because the price of bitcoins dropped suddenly and I had no money so I borrowed money from my friend.
And the bitcoins price has fallen somewhere so I can not pay,
So I'm not going to repeat what I'm doing, Because it's really risky and friendships are at stake here.
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