Quote from: PizzaBTC on October 10, 2017, 03:01:31 PM

Quote from: xFiber on October 06, 2017, 02:12:28 PM

Quote from: Kemarit on October 06, 2017, 01:41:32 PM

Quote from: melted349 on October 06, 2017, 10:44:22 AM

Quote from: aardvark15 on October 05, 2017, 08:22:09 PM

Quote from: kidsuzudn on October 04, 2017, 06:43:20 AM

I think most poeple in this situation will do the samething as me. They will find a person who will give them a loan with lowest fee. But business with loans are really a pressure , you could lose an opportunity then you can get another in future. But when you lost your trusts cause didn't pay the loans in time you will lose more than just an opportunity . So be careful !

Just some friendly advice, be careful borrowing money to invest in cryptocurrencies. I believe some of them will be successful but they are still a high risk investment. I personally would not borrow to invest. For one thing, you don't know how long it will take for a coin to make a profit while you are having to pay interest on the loan. Secondly, some coins aren't going to survive and we really don't know which will. Bitcoin has made such huge gains lately that we don't know if it is currently overvalued and it may not bring as much profit in the next years as some altcoins will. Just some things to think about.

Borrowing for you to buy that coin I strongly agree with that it is not a good way maybe just accept the fact that you are not able to buy that time just because you don't have enough money for you to buy that. Waiting for your time but if you have nothing and there is a opportunity don't be so greedy just accept some fact.

Borrowing money just to invest in crypto is just like borrowing money to gamble. I don't advise this way. If you currently don't have the funds then so be it. Don't be greedy. It just so happen that you don't have the funds to invest at the right moment. There are other opportunities and maybe that is not really for you. We all know that bitcoin is very unpredictable and if the price goes north they its gonna be hard for you to pay your loans. I have never try it and wouldn't go that route as well. I'll just enjoy and look at the price going up and seeing my initial investment profiting as well.

Agreed. Borrowing money to invest in crypto is not a good idea. Because something you probably don't want is to be in debt. I'm not saying crypto is a bad investment, not at all, but borrowing money to do so is not really recommended. If there really is a big opportunity and you want to take advantage of it. Go find a small job that pays you each day and invest that money. It's the hard way but this will keep you out of trouble.

I will also not suggest borrowing money until and unless you are 101 percent sure that the opportunity you are about to avail is not going to put you in loss because there are a lot of scammers out in the market which are waiting for those who are just eager about making money but dont understand market in a great way. I wont myself borrow money until it is something related to bitcoin.

I alredy done borrowing for so many times, but in some important mattets. Though this time if I would borrow money again in my friends i am thinking if this reason is acceptable and reasonable on my side but the question is how about the acceptance of my friend, does it reasonable for him/her, does it acceptable? But in the end I ended up in an idea that I wouldn't. Yes opportunity knock once, but I wouldn't grab this great opportunity if I haven't such money on my own to buy this. Maybe that opportunity is isnt for me.