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
Forget about it, you are asking for trouble, you may get lucky and make a ton of money or you could lose and get the biggest regret of your life.
I specifically went to banks and their credit, to earn without resorting to such services. That's why Bitcoin gives me this opportunity. And I see that people are still trying to continue to take loans and be in debt with banks.
Haha, not only take a loan to buy Bitcoin, some people after take a loan from bank, they still continue margin trading for Long or Short altcoin. I don't know the reason make them want earning money fast and become rich overnight, but do that very risk and their economic always threatened!