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Re: When is it useful to borrow bitcoin?
by
Bitcoinbro
on 25/02/2016, 14:26:41 UTC
Its only good if you really need the money and are in real trouble because you have no money.
Borrowing has a lot of downsides because you can get in debts because of it and you always have to pay more back.

I think the borrowing does not have to when a state of urgency or are experiencing problems, you can borrow money for working capital,
On this time it is not so smart to do that. The value now is quite low and that is not good.
Maybe if you wait a little longer than you can do it if the value has rise more in the future.
LOL
if you want to do business. I do not think it needs to ignore the current prices. because you can profit from your business
It is now not so smart to borrow it and that is not so good now on this time. You must do that if you are in emergency other wise dont do that.
You can better wait and just look at the value. The value is now rising slowly and that is good.