Post
Topic
Board Speculation
Re: Taking a loan to buy bitcoin
by
pitiflin
on 23/07/2017, 13:35:07 UTC
I'm thinking of getting a loan to buy more bitcoin, as I'm guessing we'll reach $10K in a few months it can be a good deal to lend at a bank against 5% anual rate

Did anyone do this before? Would like some experience advice
Loan for bitcoin? What are you a kind of sicko who is just wasting his money for assuming that bitcoin would reach 10,000$ and then you will be easily be able to pay the loan with interest if the bitcoin reaches the desired price. You should be way too confident because you think that you would be able to pay that loan back by having trust in yourself and Bitcoin at the same time.