Quote from: btcrut2017 on April 05, 2018, 08:53:00 AM

Quote from: A.Delaney on January 06, 2018, 03:36:09 AM

Whether it be buying btc or buying equipment to mine btc. Did you ever borrow fiat to make your purchase? I have not. Just curious if anyone ever has.

No, cannot do that because i have a family. It is very hard to borrow money and put it into investments in bitcoin since the value is very volatile. What i did i had get a percentage on my savings for the investments and hoping that i could make it bigger someday or at least i can have a little profit that i can earn also.

Yes that is a good decision, we should never borrow fiat for buying bitcoin, we should invest only such amount of money that we can afford to lose, because if you will borrow money from someone and if you lose the money that you have borrowed from someone, it will create problem for you, you will then find it difficult to return the loan you have borrowed. Therefore we should only try to use our own money that he have in our pocket for investment.