Maybe good time to loan money to invest in crypto - page 3.

LogitechMouse

legendary

Activity: 2520

Merit: 1040

Catalog Websites

Quote from: Voxo2222 on December 12, 2021, 03:44:17 PM

~

Just do it for yourself and don't fool other people especially the newbie investors with what you are saying.
Getting a loan just to invest is very risky. Maybe it is good if you risked and took a loan after the big crash in March 2020 at the start of the pandemic but right now? I don't think it will give you profits if you loan to invest into crypto. It will only give you headache.

As for me and for most here, I think its not advisable to get a loan just to invest in crypto knowing that it is a volatile market and your initial capital might loss in just a couple of weeks. On the other hand though, there is no rules saying that you should not do it. Its just that its very risky.

horrifiedx1

member

Activity: 602

Merit: 11

Quote from: ancafe on December 18, 2021, 10:37:26 AM

Quote from: ReiMomo on December 17, 2021, 01:25:04 PM

Never borrow and invest in crypto. It might be loans or borrowing money from friends or through any means, never do it. As market is volatile, we are not sure of constant return to repay the loan. At times, the return might in months or many times in a month. When there is no return, you will be put in pressure to close off your loan. Hence never borrow money from any means and invest on crypto currencies. We will be in loss and then in depression.

I agree with this. it's better to be in the safe zone, and collect it little by little than to take the risk due to speculation that still has no basis as it is today.
You can borrow to buy bitcoins, but you need to consider the risks involved. Currently, the price of bitcoin is very high, and if you are aiming to borrow money to buy more than 1 bitcoin, then you should reconsider. because the risk is too great.

people always give tips and advice like, use the money you are willing to lose. however, it seems the money from the loan is not that type of money. If you lose, then you get stress.

life is not for betting, by borrowing then we must be good at managing stress, so we keep thinking clearly. Isn't the business built in stages, not just wanting to get rich quick. therefore it is safest to invest with our own strength and use free money, so that we will be able to hold it for years and finally we have a target to open our investments to enjoy

ancafe

hero member

Activity: 1736

Merit: 731

Catalog Websites

Quote from: ReiMomo on December 17, 2021, 01:25:04 PM

Never borrow and invest in crypto. It might be loans or borrowing money from friends or through any means, never do it. As market is volatile, we are not sure of constant return to repay the loan. At times, the return might in months or many times in a month. When there is no return, you will be put in pressure to close off your loan. Hence never borrow money from any means and invest on crypto currencies. We will be in loss and then in depression.

I agree with this. it's better to be in the safe zone, and collect it little by little than to take the risk due to speculation that still has no basis as it is today.
You can borrow to buy bitcoins, but you need to consider the risks involved. Currently, the price of bitcoin is very high, and if you are aiming to borrow money to buy more than 1 bitcoin, then you should reconsider. because the risk is too great.

people always give tips and advice like, use the money you are willing to lose. however, it seems the money from the loan is not that type of money. If you lose, then you get stress.

Emitdama

sr. member

Activity: 1848

Merit: 328

Quote from: Voxo2222 on December 12, 2021, 03:44:17 PM

Maybe now its a good time to invest
And borrow money.
Btc goes 120,000$ if you buy now you make like over 60,000$ profit.
But dont buy just btc divide ur portfolio ...
Buy few metaverse few top coins maybe web3 and u wait ATH and you sell it.
Pay i ng back loan and u are in profit.
Next year as we all know ATH

You must really be kidding me right? How exactly did you get to know that bitcoin is going to be reaching $120,000? Because you made that look specific like you’re very sure that the market would be getting to $120,000, how can you be so sure about that? Nobody can really say exactly where the market is heading to, and also you can already see that your prediction is not accurate, since the market has been moving the opposite direction of what you predicted, checking from the time you made this prediction.

The month can still run out and you wouldn’t see any increase to that level, but that doesn’t mean that bitcoin won’t get to a such level, it might, but you can’t tell when exactly, which is why the idea of taking loan is quite bad.

freedomgo

legendary

Activity: 3150

Merit: 1148

Fully Regulated Crypto Casino

Quote from: carlfebz2 on December 17, 2021, 02:18:13 PM

Quote from: Ozero on December 17, 2021, 02:04:46 PM

Quote from: Voxo2222 on December 12, 2021, 03:44:17 PM

Maybe now its a good time to invest
And borrow money.
Btc goes 120,000$ if you buy now you make like over 60,000$ profit.
But dont buy just btc divide ur portfolio ...
Buy few metaverse few top coins maybe web3 and u wait ATH and you sell it.
Pay i ng back loan and u are in profit.
Next year as we all know ATH

It is very risky to invest in cryptocurrency that are borrowed. I would not advise anyone to do this. Price movements in the cryptocurrency market are very unpredictable. You indicated that the price of bitcoin will rise to $ 120,000. Are you sure that by the time the loan can be repaid, the price of bitcoin will rise to such values? Nobody can give such confidence. But you will have to pay more interest every month for using the loan.
Many were confident that by the end of this year, the price of bitcoin will be at least one hundred thousand dollars. If someone took out a loan with such confidence, then he suffered big losses.

Being optimistic isnt bad but you should really think on how you gonna repay those interest on month to month basis or depending on the contract or terms because if you dont have any source and just relying on this one then this kind of decision would be suicide.

You are really putting yourself in so much trouble because loan money and investing it on cryptocurrency market is something wont give out assurance.

Come to think even with traditional physical business wont really give out guarantees to be profitable.How much more into this speculative market?

I believe investing at this moment is definitely a perfect timing but not with a borrowed money. It will only put yourself into trouble in the coming days. Although its a given fact that you will reap your profits in the future once you have reached your goal price but the question is when will it happen? Investing in crypto is a very risky decision because there is no guarantees that you won't lose in the process. So if you want to enter into crypto, invest in your own personal money that will not be used to pay your bills, otherwise you'll still be in trouble after that.

carlfebz2

hero member

Activity: 2926

Merit: 722

DGbet.fun - Crypto Sportsbook

Quote from: Ozero on December 17, 2021, 02:04:46 PM

Quote from: Voxo2222 on December 12, 2021, 03:44:17 PM

Maybe now its a good time to invest
And borrow money.
Btc goes 120,000$ if you buy now you make like over 60,000$ profit.
But dont buy just btc divide ur portfolio ...
Buy few metaverse few top coins maybe web3 and u wait ATH and you sell it.
Pay i ng back loan and u are in profit.
Next year as we all know ATH

It is very risky to invest in cryptocurrency that are borrowed. I would not advise anyone to do this. Price movements in the cryptocurrency market are very unpredictable. You indicated that the price of bitcoin will rise to $ 120,000. Are you sure that by the time the loan can be repaid, the price of bitcoin will rise to such values? Nobody can give such confidence. But you will have to pay more interest every month for using the loan.
Many were confident that by the end of this year, the price of bitcoin will be at least one hundred thousand dollars. If someone took out a loan with such confidence, then he suffered big losses.

Being optimistic isnt bad but you should really think on how you gonna repay those interest on month to month basis or depending on the contract or terms because if you dont have any source and just relying on this one then this kind of decision would be suicide.

You are really putting yourself in so much trouble because loan money and investing it on cryptocurrency market is something wont give out assurance.

Come to think even with traditional physical business wont really give out guarantees to be profitable.How much more into this speculative market?

Ozero

full member

Activity: 2142

Merit: 183

Quote from: Voxo2222 on December 12, 2021, 03:44:17 PM

Maybe now its a good time to invest
And borrow money.
Btc goes 120,000$ if you buy now you make like over 60,000$ profit.
But dont buy just btc divide ur portfolio ...
Buy few metaverse few top coins maybe web3 and u wait ATH and you sell it.
Pay i ng back loan and u are in profit.
Next year as we all know ATH

It is very risky to invest in cryptocurrency that are borrowed. I would not advise anyone to do this. Price movements in the cryptocurrency market are very unpredictable. You indicated that the price of bitcoin will rise to $ 120,000. Are you sure that by the time the loan can be repaid, the price of bitcoin will rise to such values? Nobody can give such confidence. But you will have to pay more interest every month for using the loan.
Many were confident that by the end of this year, the price of bitcoin will be at least one hundred thousand dollars. If someone took out a loan with such confidence, then he suffered big losses.

qwertyup23

hero member

Activity: 2212

Merit: 786

Quote from: Voxo2222 on December 12, 2021, 03:44:17 PM

Maybe now its a good time to invest
And borrow money.
Btc goes 120,000$ if you buy now you make like over 60,000$ profit.
But dont buy just btc divide ur portfolio ...
Buy few metaverse few top coins maybe web3 and u wait ATH and you sell it.
Pay i ng back loan and u are in profit.
Next year as we all know ATH

I somehow agree that this may be a good opportunity for loans as the value of crypto is relatively low in the market. I do suspect, however, that its price may recover by the first quarter of 2022. That is why, any investment opportunity done at the current price of BTC (~$48,000) can be profitable long-term.

Though the problem of loans stems from its very nature that you are lending someone your money. There are many instances where even trusted members of this forum took advantage of their reputation and got away with it.

ReiMomo

sr. member

Activity: 2366

Merit: 305

Duelbits - $100k Bonus/week

Never borrow and invest in crypto. It might be loans or borrowing money from friends or through any means, never do it. As market is volatile, we are not sure of constant return to repay the loan. At times, the return might in months or many times in a month. When there is no return, you will be put in pressure to close off your loan. Hence never borrow money from any means and invest on crypto currencies. We will be in loss and then in depression.

izsara

member

Activity: 924

Merit: 15

Quote from: fara_buduk on December 16, 2021, 06:06:27 PM

Quote from: sana54210 on December 16, 2021, 05:24:34 PM

Quote from: judaspriest on December 16, 2021, 05:17:23 AM

Quote from: Sikinkato on December 15, 2021, 10:00:03 PM

Cryptocurrency fluctuates greatly, and its price is unpredictable. Borrowing money for investment is not recommended because it has higher risks.
So invest within the scope of your own funds, otherwise it will increase a certain burden.

It's true borrowing money to invest in crypto is certainly not the right choice,
The big risk of crypto I think is a strong consideration for everyone not to do that,
but sometimes to make a profit you need to take a risk

I would say that there are risks and there are silly moves and you should not compare the two. If you are taking out a loan and you think you can pay it back without a problem by simply investing, then you need to remember that you are going to end up with a huge loss if the price falls. You need some sort of assurance that you will not lose a lot of money, and crypto can't give that to you.

If you really want to, you could take out some loan and put it on staking or something like that and hope that it will pay you back, but most people forget that the returns of that is not equal to your debt so you will pay more monthly in that way and end up with a loss unless whatever you are staking increases as well. It is a very difficult position to be in and I highly doubt that people would be able to find anything that would make it more profitable that way.

how many months does the borrower wait for ATH while the loan will continue to swell with the interest rate set every month, I think trading digital assets that are already at risk should not be overlapped with other risks so that they do not overlap even though we must dare to take risks
invest smartly if you have to go into debt, it's better to be in debt with our ability to pay monthly / sell other assets that are rarely used such as jewelry so that our crypto assets are safe in the long term

In terms of worth it or not, of course we will all say that something like this is not worth it.
ATH achieved and profits taken there will be used up with more and more interest.
on the other hand I agree with what you said because overlapping like this will only make the burden bigger and our focus will be split

Alert31

member

Activity: 1041

Merit: 25

Trident Protocol | Simple «buy-hold-earn» system!

Quote from: Voxo2222 on December 12, 2021, 03:44:17 PM

Maybe now its a good time to invest
And borrow money.
Btc goes 120,000$ if you buy now you make like over 60,000$ profit.
But dont buy just btc divide ur portfolio ...
Buy few metaverse few top coins maybe web3 and u wait ATH and you sell it.
Pay i ng back loan and u are in profit.
Next year as we all know ATH

That is not advisable because investing in crypto is very risky. If you don't know how to manage your investment it could turn into losses. If you are going to loan how can you pay back if you didn't gain profit but losses? Much better to just invest small amount of money but it came from your own pocket that you can afford to lose. Just think wisely because making any move and decision regarding making loan for your investment. Always think the possible output of it both positive and negative.

Natalim

hero member

Activity: 3038

Merit: 592

BTC to the MOON in 2019

I wish you may think about it first before taking the loan. I suppose not to hold you if you were using it right but since it was for investment, I'm afraid that this might be a reason to struggle to pay in debts the whole life. Maybe if it was just borrowed money with ZERO interest, that seems to find but if you need to pay in terms plus interest, that gonna be a problem in the future especially when you mismanage your funds.

Honestly, I don't encourage you to do that. If you only have $500 in your pocket, then that is the only amount to spend. Don't ever force yourselves to provide beyond what you can provide, it was a suicide.

Mahanton

hero member

Activity: 2730

Merit: 632

Quote from: fara_buduk on December 16, 2021, 06:06:27 PM

Quote from: sana54210 on December 16, 2021, 05:24:34 PM

Quote from: judaspriest on December 16, 2021, 05:17:23 AM

Quote from: Sikinkato on December 15, 2021, 10:00:03 PM

Cryptocurrency fluctuates greatly, and its price is unpredictable. Borrowing money for investment is not recommended because it has higher risks.
So invest within the scope of your own funds, otherwise it will increase a certain burden.

It's true borrowing money to invest in crypto is certainly not the right choice,
The big risk of crypto I think is a strong consideration for everyone not to do that,
but sometimes to make a profit you need to take a risk

I would say that there are risks and there are silly moves and you should not compare the two. If you are taking out a loan and you think you can pay it back without a problem by simply investing, then you need to remember that you are going to end up with a huge loss if the price falls. You need some sort of assurance that you will not lose a lot of money, and crypto can't give that to you.

If you really want to, you could take out some loan and put it on staking or something like that and hope that it will pay you back, but most people forget that the returns of that is not equal to your debt so you will pay more monthly in that way and end up with a loss unless whatever you are staking increases as well. It is a very difficult position to be in and I highly doubt that people would be able to find anything that would make it more profitable that way.

how many months does the borrower wait for ATH while the loan will continue to swell with the interest rate set every month, I think trading digital assets that are already at risk should not be overlapped with other risks so that they do not overlap even though we must dare to take risks
invest smartly if you have to go into debt, it's better to be in debt with our ability to pay monthly / sell other assets that are rarely used such as jewelry so that our crypto assets are safe in the long term

When you taken up some loan and made out some investments and tending to wait up for some bull run in price before you do harvest out profits then it would really be a bad idea and as mentioned on where monthly interest of your taken loan would swell up and if you dont have various sources for it to be paid then that would really be a big problem thats why there would really be lots of reconsideration first before making step specially in talking about loans and this is something
a crucial thing to be done if you do have doubts on repaying those in the right time then better not to do it.

fara_buduk

full member

Activity: 616

Merit: 100

gik nyareh proyek seteppak pas sepak

Quote from: sana54210 on December 16, 2021, 05:24:34 PM

Quote from: judaspriest on December 16, 2021, 05:17:23 AM

Quote from: Sikinkato on December 15, 2021, 10:00:03 PM

Cryptocurrency fluctuates greatly, and its price is unpredictable. Borrowing money for investment is not recommended because it has higher risks.
So invest within the scope of your own funds, otherwise it will increase a certain burden.

It's true borrowing money to invest in crypto is certainly not the right choice,
The big risk of crypto I think is a strong consideration for everyone not to do that,
but sometimes to make a profit you need to take a risk

I would say that there are risks and there are silly moves and you should not compare the two. If you are taking out a loan and you think you can pay it back without a problem by simply investing, then you need to remember that you are going to end up with a huge loss if the price falls. You need some sort of assurance that you will not lose a lot of money, and crypto can't give that to you.

If you really want to, you could take out some loan and put it on staking or something like that and hope that it will pay you back, but most people forget that the returns of that is not equal to your debt so you will pay more monthly in that way and end up with a loss unless whatever you are staking increases as well. It is a very difficult position to be in and I highly doubt that people would be able to find anything that would make it more profitable that way.

how many months does the borrower wait for ATH while the loan will continue to swell with the interest rate set every month, I think trading digital assets that are already at risk should not be overlapped with other risks so that they do not overlap even though we must dare to take risks
invest smartly if you have to go into debt, it's better to be in debt with our ability to pay monthly / sell other assets that are rarely used such as jewelry so that our crypto assets are safe in the long term

sana54210

legendary

Activity: 3248

Merit: 1128

Quote from: judaspriest on December 16, 2021, 05:17:23 AM

Quote from: Sikinkato on December 15, 2021, 10:00:03 PM

Cryptocurrency fluctuates greatly, and its price is unpredictable. Borrowing money for investment is not recommended because it has higher risks.
So invest within the scope of your own funds, otherwise it will increase a certain burden.

It's true borrowing money to invest in crypto is certainly not the right choice,
The big risk of crypto I think is a strong consideration for everyone not to do that,
but sometimes to make a profit you need to take a risk

I would say that there are risks and there are silly moves and you should not compare the two. If you are taking out a loan and you think you can pay it back without a problem by simply investing, then you need to remember that you are going to end up with a huge loss if the price falls. You need some sort of assurance that you will not lose a lot of money, and crypto can't give that to you.

If you really want to, you could take out some loan and put it on staking or something like that and hope that it will pay you back, but most people forget that the returns of that is not equal to your debt so you will pay more monthly in that way and end up with a loss unless whatever you are staking increases as well. It is a very difficult position to be in and I highly doubt that people would be able to find anything that would make it more profitable that way.

Leonardo7

member

Activity: 686

Merit: 15

I have since repented from borrowing money to invest in crypto. I borrowed money in 2018 to invest in crypto, I almost got into depression because of bad debt. I had to cry to heaven for help, well God did helped me. I paid off the debt and have enough till date. I will never again, I have since learnt to be levearging on what I have it.

dbc23

sr. member

Activity: 1036

Merit: 311

Crypto is too risky to invest with borrowed asset. The market is never stable which means you might borrow and the trend reverses against you which still means you have to wait for a pullback before you can withdraw to payback. It's best to invest with your own funds so whatever comes out of the market you wouldn't be in complete loss

Alisha FR

full member

Activity: 868

Merit: 106

what is the basis of your analysis saying that $120,000 will be achieved by BTC. I do not condone borrowing money to invest in Crypto, as this is very risky to the finances we save for other emergency needs. the future of crypto cannot be predicted with certainty, sometimes in the next year there will be a dump or pump for a long period of time. You see, after borrowing and investing, the market collapsed. this will make us sell everything to pay off debts, even what we have will be sold out.

Gozie51

hero member

Activity: 2520

Merit: 624

Quote from: Voxo2222 on December 12, 2021, 03:44:17 PM

Buy few metaverse few top coins maybe web3 and u wait ATH and you sell it.

How do you determine ATH? This has been an issue with many hodlers. They hodl and wait for top or ATH but soon they know the price starts to drop faster and faster until they get discouraged to sell and again they wait for another circle of ATH.So you have means you know the ATH?

dimox

legendary

Activity: 1610

Merit: 1003

bad decision if you loan to invest in something. i am not aaying that the price cant go higher, but you need to think realistically. about pay interest every month, if you are work, you need to set aside much portion, think about how crazy it is. if you can borrow, this time, right now, than in one or second day after you get max profit, you can do it.

Topic: Maybe good time to loan money to invest in crypto - page 3. (Read 710 times)