Post
Topic
Board Altcoin Discussion
Re: Medical student $300k+ in debt... Crypto investments a way out?
by
olubams
on 24/05/2017, 03:37:28 UTC
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!

In addition to what others have rightly said, putting $10k won't even change your loan status if everything went wrong and you have to lose your investment but will go along way in changing your status if the positive should happen which is what you are hope for. Considering how tight your schedule will be, I will suggest you look for one potential alt after careful analysis or even bitcoin and put in the money long-term as this is the only sure way to relieve your debt.