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
even if you want to, its not that easy to get a loan in a bank, what can u offer for bank as a guarantee they give you a loan? As I know the bank will Do an analysis of your finances, as well as any assets you have, after that all in the calculation, then the bank decide you are worth the loan or not. In addition, the world of cryptocc is very risky, and make loan at the bank is also at risk we will lose asset assets if we can not afford the monthly repayments. Think 100x to do it.