Post
Topic
Board Altcoin Discussion
Re: Taking a loan to invest in cryptocurrencies?
by
ritsel02
on 01/12/2017, 13:44:20 UTC
I am considering taking a loan to buy btc and eth, is it a good idea? Because btc and eth always go up in long term. They never die. There seems to be a great chance of getting huge profit instead of losing money. A few years ago somebody in this forum asked others the same question and everyone told him not to do that, look at the price now. If that guy did, he would have been rich now. Nowadays the situation is not different, the price will continue to go up. I think people who invest more will earn more profit eventually. What do you think?
That is so risky means of investing.But it's still on your hand if you could handle that risk. There are only two possibilities you can get if you do that. First, you will succeed and get rich and second is you failed and lose all your money with outstanding loans. Anyway it's still up to you if you want to try your luck on doing such big decision.As we all know bitcoin is very volatile, who knows such decision can make you a successful investor but still be always ready to accept failure.Wish you luck!