Hey guys,
I'm currently a medical student in the US and will graduate heavily in debt in order to chase my dreams. The prospect of being $300k+ in debt is extremely anxiety inducing to me and have seen how it cripples freshly graduated residents. Until recently I've seen this as nothing but an inevitability but after following cryptocurrencies for some months, I've seen the promising potential of this field. I placed a test investment of a few hundred dollars and have already doubled my initial amount in less than two weeks. I am considering taking out an extra 10k in loans to invest in crypto (relative to 300k it seems like a drop in the bucket). Do you guys think it is in the realm of possibility to have that investment eventually pay off my debt? Currently I am invested in NEM, Waves and Wings. Thank you so much for your help!
I can say that investing on crypto currency could possibly resolved your debts in no time but depending on how much money you do invest and as a piece of advice dont be confident on putting money on it because chances of growths cant be expected anytime. We should think off that there are times price drops which could make us lose even more and its very risky to take out more loan just to shoot out on crypto. If you are really dedicated on such move then you should accept the risk behind it. There are only 2 instances would happen either paid up the loan or suffer big debt even more.