Topic: Loans are cheap good time to use loans for Investment in btc - page 4. (Read 1543 times)
December 26, 2020, 05:59:01 AM
Taking loans are good idea especially if you are experiencing lack of budget in terms of making investment in bitcoin but that kind of way is a double edge sword where in there is two big possibility that you can lose all of it where you can trap in large debt or you can double it and manage to make profit. For those people who are thinking to take loans because they want to acquire more positions in bitcoin, think it very well and make sure first that you have knowledge before you take loans. Like what I said it is a double edge strategy where you can win big or you can lose big so be careful on taking loans because there are now a lot of people who regretted their decisions because of it.
December 26, 2020, 12:08:03 AM
It's an impractical notion for my side. You can not rely upon bitcoins let sit tight for certain minutes as well.
You have your own opinion and for sure others have their own, what's important is how you will take charge in terms of decisioning your invesment.
In 2017 the greater part of my companions take the advance to put resources into bitcoins, however, they lose everything when it begins falling.
That's factors to consider, learned from how they've made mistake and avoid doing the same to lessen the chance of losing your money.
I am not saying that we ought not to take loans however never be so covetous. It would be better if we stand by till New Year's eve and, at that point consider the speculation.
Your call and your responsibilities, if you are considering to deal with it make sure that you have your full knowledge about it.
On the off chance that you actually need to contribute by taking a loan, at that point please accept speculation as much you can bear
Try to work it out, consider those speculations and use it as basis when you already placing your investment.
December 25, 2020, 05:22:34 PM
If a business was to do this they would have some kind of insurance against the opposite (worst) happening.
Otherwise you are very exposed to go underwater and maybe drown.
Perhaps you can find a suitable hedge. Im not sure what else even compares to bitcoin that tangibly.
Always up sounds like a prayer, not a guarantee.
Otherwise you are very exposed to go underwater and maybe drown.
Perhaps you can find a suitable hedge. Im not sure what else even compares to bitcoin that tangibly.
Always up sounds like a prayer, not a guarantee.
December 25, 2020, 05:11:51 PM
Bitcoin might be in a good spot right now. But you have to remember that you'll be paying that loan for at the very least 6 months after bitcoin's price settles down and drops in value. Weigh your decisions out before making a drastic move like that as it might make or break you. And ifyou can, stop using loans to buy bitcoin as it is as risky as it gets, you have little guarantee that you will earn mad bucks.
If the value of Bitcoin is low then it is a good time to invest. Many traders cannot invest due to lack of capital when the price is high, so if they take a loan, they will suffer a lot when the currency price falls. There is nothing to regret later. I have never taken a loan. It would be better to take a loan and invest according to my ability by setting the price of the currencies according to the market conditions. There is no fear of repaying the loan and there is a guarantee of a lot of profit if the price goes up.
You are partly rught but im my opinion taking a loan just to buy assets is a bit unconventional and may even become unhealthy for OP, remember that it is not your money you are using so the losses you incur will give you more psychological damage than having it from your own wallet. 
December 25, 2020, 03:30:24 PM
There is no signs that Bitcoin will slow down!
The risk/ratio reward telling that If the loans are cheap with low% its good to invest in risk assets like Gold btc and even property.
Even better If you can do day trading swing or intra day even you make just 1-3% daily.
If you have job and income and money to borrow its cheap now its not bad at all
Taking loan via bitcoin because it's getting high is bad ideology, because the process of obtaining the loan and bitcoin have to fall whats going to be your source to refund op, and also thinking that getting loan is cheap I think that suggestions is not right, but I know very well that loan really help people but their is a situations a loan can equally put someone into problem if not handle with cares. The risk/ratio reward telling that If the loans are cheap with low% its good to invest in risk assets like Gold btc and even property.
Even better If you can do day trading swing or intra day even you make just 1-3% daily.
If you have job and income and money to borrow its cheap now its not bad at all
December 25, 2020, 02:19:05 PM
Despite the fact that I disagree when people say: Don't invest what you can't afford to lose (because otherwise you won't see good, noticeable profit), this is the case where I disagree with OP. First of all, when you take loan, it means you don't have a lot of money to spend on something or you are taking serious amount of money and put your house or other assets in loan. The problem is that it comes with huge risks, yeah, reward may be high but the risk will make you to lose everything. There were a lot of people who took a loan and invested back in 2017 and end up very bad, reddit was full of these kind of posts, so, please, don't give this advice to others.
December 25, 2020, 02:14:11 PM
If the value of Bitcoin is low then it is a good time to invest. Many traders cannot invest due to lack of capital when the price is high, so if they take a loan, they will suffer a lot when the currency price falls. There is nothing to regret later. I have never taken a loan. It would be better to take a loan and invest according to my ability by setting the price of the currencies according to the market conditions. There is no fear of repaying the loan and there is a guarantee of a lot of profit if the price goes up.
December 25, 2020, 12:40:43 PM
Are you really sure that you are using loans to buy and invest in Bitcoin? Have you read some news related to things like this happening in 2017-2018? When we just follow the hype, borrow money for Bitcoin, and the market price drops, it is possible that we will go bankrupt. We cannot assure you that the market will continue to rise, while bank or loan interest will be there all the time. if I personally wouldn't do this.
In my opinion it all depends on what kind of job you have. If you have high monthly salary that can easily cover the loan payments for the next several years than go for it. But if you don't have any spare money this is too risky. I think we should always be ready for a potential worst case scenario. Hope for the best and prepare for the worst.
December 25, 2020, 11:18:07 AM
Are you really sure that you are using loans to buy and invest in Bitcoin? Have you read some news related to things like this happening in 2017-2018? When we just follow the hype, borrow money for Bitcoin, and the market price drops, it is possible that we will go bankrupt. We cannot assure you that the market will continue to rise, while bank or loan interest will be there all the time. if I personally wouldn't do this.
December 25, 2020, 10:41:40 AM
Yes and no. If you can't afford to lose money, then it is not recommend taking loans for investments of course. But if you have money, but this is currently tied up in another safe investment (e.g. fixed deposit contract), then it can make sense to invest in an asset that has lost a lot of value (through exaggeration) and has a future.
It doesn't make sense for me to loan some money for the purpose of investing in bitcoin. I have never had any doubts that bitcoin is the right and profitable investment choice so far. But I have never dared to use loan money to invest in it because the risks involved are greater than we can imagine.I don't think people need to be too greedy to expect to profit from the volatility of the bitcoin price, using the personal money you can afford to lose, I think you can still earn. So I think a loan to invest in bitcoin will only increase the risk, we are still too dark to guess and hope for a possible return on this investment.
December 25, 2020, 10:02:58 AM
Using loans for bitcoin investment is always not recommended even if the market is in bearish season. It may be profitable in the eyes of the investors but does not guarantee ensured profits enough to pay the monthly interest of such loans. And what about if the market goes on bearish the whole year? So it's never a good start to take loans for bitcoin investment because if its price fluctuations that is inevitable.
Yes and no. If you can't afford to lose money, then it is not recommend taking loans for investments of course. But if you have money, but this is currently tied up in another safe investment (e.g. fixed deposit contract), then it can make sense to invest in an asset that has lost a lot of value (through exaggeration) and has a future.
December 24, 2020, 07:13:23 PM
Using loans for bitcoin investment is always not recommended even if the market is in bearish season. It may be profitable in the eyes of the investors but does not guarantee ensured profits enough to pay the monthly interest of such loans. And what about if the market goes on bearish the whole year? So it's never a good start to take loans for bitcoin investment because if its price fluctuations that is inevitable.
The most dangerous thing in this situation is that no one will give an absolutely accurate forecast about the timing of the end of the bear season, and in the case of bitcoin, the previous history teaches in the complete unpredictability of market behavior. Another classic of the genre is the entry of inexperienced investors into the asset at high price levels and strong disappointment after the imminent correction. Unfortunately, bitcoin is hardly an asset with a predictable pricing scenario, and it is irresponsible and dangerous to take out loans yourself or give advice on using borrowed funds in this market. December 24, 2020, 06:59:17 PM
I believe that no loans for investment in cryptocurrency can be taken, since it is impossible to predict the further development of events in the cryptocurrency market. If we take into account the indicators of 2020, When it would be possible to take out a loan and invest in Bitcoin at low prices at the beginning of the year, and sell today for $ 23,000, then for a whole year, credit interest is practically destroyed all income.
Bitcoin price in early 2020 was around $7k - $8k and with the current price even exceeding $20k, I don't think the interest on the loan will be that big which will destroy profits. Making a loan is risky, but if it's like this I'm sure those who buy early in the year with a loan will still have high profits, they still have monthly income and I think that's enough to cover the loan interest. So yes, it is an investment that is full of risk but has a chance of getting a return that might come as a surprise.In March Bitcoin dropped to around 3,4k. At this point it made sense to take out loans to invest in Bitcoin if you wanted to take the risk. But at this point it's just plain stupid. There will certainly be many again who will do it anyway, like back in 2017, simply because they think they will miss the train. In the end it leads to people committing suicide because they speculated, should Bitcoin price correct strongly. So I would advise everyone against it.
Price fluctuaction not so important If you know the market are bullish.
Also you just borrow money you never put in full.
You scaling Up
December 24, 2020, 06:42:50 PM
I believe that no loans for investment in cryptocurrency can be taken, since it is impossible to predict the further development of events in the cryptocurrency market. If we take into account the indicators of 2020, When it would be possible to take out a loan and invest in Bitcoin at low prices at the beginning of the year, and sell today for $ 23,000, then for a whole year, credit interest is practically destroyed all income.
Bitcoin price in early 2020 was around $7k - $8k and with the current price even exceeding $20k, I don't think the interest on the loan will be that big which will destroy profits. Making a loan is risky, but if it's like this I'm sure those who buy early in the year with a loan will still have high profits, they still have monthly income and I think that's enough to cover the loan interest. So yes, it is an investment that is full of risk but has a chance of getting a return that might come as a surprise.In March Bitcoin dropped to around 3,4k. At this point it made sense to take out loans to invest in Bitcoin if you wanted to take the risk. But at this point it's just plain stupid. There will certainly be many again who will do it anyway, like back in 2017, simply because they think they will miss the train. In the end it leads to people committing suicide because they speculated, should Bitcoin price correct strongly. So I would advise everyone against it.
December 24, 2020, 05:46:17 PM
It goes up If biggest Players want.
We dont know their plans.
One thing what we know when money is cheap the risk assets prices going higher.
Real estate doesn't have risk but it's an asset that still at high even with this pandemic. You're idea of getting loans even with cheap interest rates for buying btc will make someone assure that this investment will make him rich and profit because there's no volatility. We dont know their plans.
One thing what we know when money is cheap the risk assets prices going higher.
It happened in the past and just don't commit the mistake of others that took loans for btc. It's not that really good at all. If you want to invest in btc, don't ask for a loan, just use whatever you have but don't take a loan. A very high risk and high reward strategy, others can't attain to do it because it is not suggested.
December 23, 2020, 05:08:30 PM
I believe that no loans for investment in cryptocurrency can be taken, since it is impossible to predict the further development of events in the cryptocurrency market. If we take into account the indicators of 2020, When it would be possible to take out a loan and invest in Bitcoin at low prices at the beginning of the year, and sell today for $ 23,000, then for a whole year, credit interest is practically destroyed all income.
Bitcoin price in early 2020 was around $7k - $8k and with the current price even exceeding $20k, I don't think the interest on the loan will be that big which will destroy profits. Making a loan is risky, but if it's like this I'm sure those who buy early in the year with a loan will still have high profits, they still have monthly income and I think that's enough to cover the loan interest. So yes, it is an investment that is full of risk but has a chance of getting a return that might come as a surprise.In March Bitcoin dropped to around 3,4k. At this point it made sense to take out loans to invest in Bitcoin if you wanted to take the risk. But at this point it's just plain stupid. There will certainly be many again who will do it anyway, like back in 2017, simply because they think they will miss the train. In the end it leads to people committing suicide because they speculated, should Bitcoin price correct strongly. So I would advise everyone against it.
I believe that no loans for investment in cryptocurrency can be taken, since it is impossible to predict the further development of events in the cryptocurrency market. If we take into account the indicators of 2020, When it would be possible to take out a loan and invest in Bitcoin at low prices at the beginning of the year, and sell today for $ 23,000, then for a whole year, credit interest is practically destroyed all income.
Bitcoin price in early 2020 was around $7k - $8k and with the current price even exceeding $20k, I don't think the interest on the loan will be that big which will destroy profits. Making a loan is risky, but if it's like this I'm sure those who buy early in the year with a loan will still have high profits, they still have monthly income and I think that's enough to cover the loan interest. So yes, it is an investment that is full of risk but has a chance of getting a return that might come as a surprise.You only mention the scenario of Bitcoin for early this year and for this current month which is different for the next year since the price right now is his ATH which possibly corrected anytime soon. And no one can see what will be the price of Bitcoin next year if for example you plan to make a loan and we still at ATH and after that the price decline then you will lost your investment at the same time you need to pay for the loans with interest. That's why it's not wise decision to make a loan if you will only use that for investment not unless it's for your own business.
I believe that no loans for investment in cryptocurrency can be taken, since it is impossible to predict the further development of events in the cryptocurrency market. If we take into account the indicators of 2020, When it would be possible to take out a loan and invest in Bitcoin at low prices at the beginning of the year, and sell today for $ 23,000, then for a whole year, credit interest is practically destroyed all income.
It goes up If biggest Players want.
We dont know their plans.
One thing what we know when money is cheap the risk assets prices going higher.
We dont know their plans.
One thing what we know when money is cheap the risk assets prices going higher.
Yeah, that is why you shouldn't take loan to invest on highly volatile assets like cryptocurrency even for stocks. Taking loan for a business idea is better which also need to be done only when you are running a successful business but still want to expand it for that you need more capital.
The problem is that when Bitcoin prices are going up, most of the investors think that it will be the case forever. They don't even want to consider the possibility of a price crash occurring at some point in the near future. And looking at the history of Bitcoin, it has undergone major crashes multiple times in the past, starting with the one in 2014 February, when Mt Gox went down.
Jump to: