Post
Topic
Board Bitcoin Discussion
Is it smart to max out all credit cards months to buy BTC?
by
lestat2k7
on 02/12/2017, 06:19:26 UTC
Hi,

Just to use all the money in your credit cards to buy some BTC and then before the grace period pay them back and repeat. If I am not wrong, this should give you a very nice profit say for a total amount of $20k between 7-8 credit cards plus good credit and all the cachback and points each CC have.

Is this smart?

Anyone does this?

And more important which exchanges allow you to use credit cards? Or is it better to buy using paypal and fund it via the CCs?


Thanks in advance.