Loans are cheap good time to use loans for Investment in btc - page 8.

Tushar Ramani

member

Activity: 400

Merit: 15

Crypto Ghost Since 2017

Quote

Its next to impossible to own any piece of land for younger generation, unless they would start a war and land seizure by force, tbh all the land own by the recent inhabitants are either seized by force or they’re the native aborigines the descendants of the land ownership

As long as you have enough money to buy, you can own it - at least this is the case where I live. Earlier, only native farmers and their generations could only buy land but it has been removed now. Yes, you are right about neighboring forces, but it won't be forever. As you will be owning a piece of paper claiming you are the sole owner of the land, none can force you to move. However, the laws vary from one country to another, I believe.

cryptoboss2020

member

Activity: 322

Merit: 14

And what can Go wrong?

Its just money If I borrow from bank its created out of nothing so If I loose it then it was just bad business. Nothing personal just business.

But the rewards will be so great!!
And banks now giving out nice money

jaysabi

legendary

Activity: 2044

Merit: 1115

★777Coin.com★ Fun BTC Casino!

Quote from: cryptoboss2020 on December 14, 2020, 10:37:23 AM

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

This is a surefire way to get yourself in financial trouble. There's no such thing as a sure bet, and people thinking there is is what gets them into trouble. Thinking they've found a sure bet and then taking out a loan to chase their "sure bet" compounds the risk and the potential trouble even faster. Remember: having zero dollars isn't what causes bankruptcies for individuals or businesses, having debts they can't pay is the cause.

Pokapoka124

hero member

Activity: 1148

Merit: 555

Taking a loan to make an investment in btc. So much risk involved first off banks haven't grabbed the idea of crypto because it is decentralized and is not controlled by the government. The crypto market is very volatile and can pump or dump at anytime. Investing in crypto for quick profits is definitely a wrong attitude.

Nhor1011

member

Activity: 994

Merit: 11

Daxetoken.net

Quote from: cryptoboss2020 on December 14, 2020, 10:37:23 AM

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

It is still not advisable to take out loans and invest in bitcoin and other cryptocurrency. Loans have due dates and interest that you need to pay on time.

What if you could not pay your due date because the value of digital currency you invested suddenly dropped and you could not withdraw your funds because you would lose money?

Always remember, Bitcoin and other cryptocurrency are so volatile that's why as much as you can, avoid taking loan and use it to invest in crypto.

Mauser

hero member

Activity: 1974

Merit: 534

Quote from: ?? on ??

It is much higher risk at this time to take a loan and invest in btc where the prices could move anyways, and if it falls then you end up in huge debt and other is your investment also fall and end up making lose. There is no 100% that it could move above 20k or not so much risky and would not invest taking via loan.

I agree with you. In the past 8 was always to risk averse to invest on borrowed money. Even though interest rates seem fairly low at the moment, I am too afraid of losing money and being unable to repay the debt. Investing loan can be very risky because we could lose the money twice. Once when the asset tanks and a second time when we have to repay the loan.

AniviaBtc

sr. member

Activity: 1120

Merit: 272

First 100% Liquid Stablecoin Backed by Gold

Quote from: bittick on December 14, 2020, 11:13:00 AM

Crypto as many people have said is high risk investment and this "title" is there for reason, only invest what you can afford to lose.

It is much better to invest on bitcoin when you have money on your own because I don't think that investing a loan is a good thing to do.

High risk means high reward so it is much better to work first and earn money before you invest.

Cryptocurrency is volatile and you need to spend a lot of time and study the market when you want to grow your assets. But if you are really eager to use loan for a bitcoin investment then its your choice, just make sure that you will recover and pay your loans in a proper time and make profits.

sayaya17

sr. member

Activity: 1638

Merit: 255

I think someone who gets a loan to invest, especially in crypto, then he will feel chased by the shadow of the debt. So that one becomes out of focus on trading. Because even though the market is supporting and profiting, but one day the market will act otherwise. One becomes always hoping the market will always be good and give an advantage. Because we must have to repay those loans. But we know that the crypto market is not as easy as what one has in mind. It is difficult to prove that it can be rich with the proceeds of loans in investing.

Pom_bensin

full member

Activity: 812

Merit: 100

This is very risky .. because the loan has a fixed interest every year, if bitcoin continues to increase it will definitely be profitable. but we don't know if one day bitcoin has decreased, this will make you default on the loan if this happens.

seagates

jr. member

Activity: 127

Merit: 1

Why newbies so like idea of loans for investing? Its one of the worst decision that could be in investment

Broly46

full member

Activity: 1554

Merit: 116

0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC

Quote from: Tushar Ramani on December 14, 2020, 11:21:15 PM

Quote from: Broly46 on December 14, 2020, 06:37:05 PM

Loan are not cheap, they’re only cheap to the privileged selected top elite, for peasant like us the loan is very expensive.

If a peasant is owning a piece of land, I think s/he can get the best interest at least in my country. The government provides more benefits to farmers than urban residents here.

Its next to impossible to own any piece of land for younger generation, unless they would start a war and land seizure by force, tbh all the land own by the recent inhabitants are either seized by force or they’re the native aborigines the descendants of the land ownership, for us, bitcoin is our “land” that can be truly owned, it’s fascinating to know bank would soon provide loan at bargain in exchcnage for bitcoin custodian as collateral.

Tushar Ramani

member

Activity: 400

Merit: 15

Crypto Ghost Since 2017

Quote from: Broly46 on December 14, 2020, 06:37:05 PM

Loan are not cheap, they’re only cheap to the privileged selected top elite, for peasant like us the loan is very expensive.

If a peasant is owning a piece of land, I think s/he can get the best interest at least in my country. The government provides more benefits to farmers than urban residents here.

magneto

hero member

Activity: 1666

Merit: 753

Quote from: cryptoboss2020 on December 14, 2020, 10:37:23 AM

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

Good luck with your intraday trading. At 3% per day, you'll be getting nearly 50,000x your investment in a year's time. Don't forget to call me when you're rich Roll Eyes

Seriously, I have not heard a worse idea - to lever up on your own financial situation in a turbulent time in order to do intraday trading for an extremely volatile instrument.

Yes, loans are cheap right now in most parts of the world. But that does not justify the risks of short term volatility. In fact, I find that most people I know who trade with borrowed money are more likely to exit a position suboptimally and enter into the market due to FOMO.

cryptoboss2020

member

Activity: 322

Merit: 14

Best advice open business take a loan 100%
Keep 50% cash invest the other 50% If the things go bad file a Bankcruptcy!!
If you could get more people in company more liability
If the Lender will try to sue you for criminal allegation you can show the bitcoin transaction and you can show that you did invested to third party get some good lawyer by your side you are correct legally

Things go good you good

its style how donald Trump kind of business people does it... And you Winner

But anyways there is a lot cheap Central money always good time to invest in risk assets when the money is cheap and all most free to borrow.

Its not that Bitcoin will be good or Gold good its just the money how much money out there no matter how much we like gold or bitcoin if we are Short of money the risk assets prices will fall down so its a economics A B C

The Sceptical Chymist

legendary

Activity: 3528

Merit: 7005

Top Crypto Casino

Quote from: cryptoboss2020 on December 14, 2020, 10:37:23 AM

There is no signs that Bitcoin will slow down!

Um. Hate to tell you, but there usually aren't. Bitcoin just decelerates faster than that dude who crashed straight into a side wall at 200mph at the racetrack in Indiana.

I also hate to tell you that buying bitcoin on credit or margin or with leverage is what idiots did back in 2017 when prices looked like they were only going up. It's a complete newbie move, OP. And it's how people get burned in a bull market--the trick is to buy LOW, sell high. Where does bitcoin appear to be right now in that equation, eh?

Broly46

full member

Activity: 1554

Merit: 116

0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC

Loan are not cheap, they’re only cheap to the privileged selected top elite, for peasant like us the loan is very expensive.

carlfebz2

hero member

Activity: 2926

Merit: 722

DGbet.fun - Crypto Sportsbook

Quote from: cryptoboss2020 on December 14, 2020, 10:37:23 AM

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

Loan? I wont really be risking out knowing that this market is way too volatile and theres no aasurance for you to make money even though movement will be more that 1-3%
daily but doesnt mean that you can able to profit like that even if you would really be making some active trades it wont really be a guarantee.

I'd rather spent up my money on what i earned on my day job rather than on taking a loan yet you wouldnt know if market crashes or wont gain up
then you cant really able to repay those loan.

Its just too risky to consider.

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

If only things "are that easy".

There are always "what if" so up to people if they are willing to take the risks.

It's always good to use our own funds in purchasing Bitcoin rather than take a loan and challenge the volatility of crypto. People, instead of getting good profits might end up being buried with loans during the process.

bitmover

legendary

Activity: 2352

Merit: 6089

bitcoindata.science

Quote from: cryptoboss2020 on December 14, 2020, 10:37:23 AM

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

Lol

Borrow money to buy btc is not an investment. It is gambling.
It is better to buy 5 usd each week with YOUR MONEY than to borrow 1000 to buy it.

5usd each week can have a bigger impact than you think

Fortify

legendary

Activity: 2688

Merit: 1192

Considering we are in a recession I'm not sure where you are finding cheap loans. Big businesses are swimming in money, but banks are in no rush to lend at super cheap rates to the average consumer. Millions of people have lost jobs since Covid started and while a lot of jobs have come back lending is still a high risk. If you happened to have a good credit rating and took out loans at the start of the pandemic you might have got lucky, but financial institutions are increasingly restrictive on what they are letting people borrow right now - regardless of what you might read in the news.

Topic: Loans are cheap good time to use loans for Investment in btc - page 8. (Read 1603 times)