Post
Topic
Board Bitcoin Discussion
Re: Have you ever borrowed fiat to get btc?
by
Kate Beckett
on 19/04/2018, 18:22:17 UTC
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.

I haven`t  either. And I don`t advise anyone to do this. It's not that bitcoin can not grow (I believe in bitcoin and its potential). But lending money that you can not return is a very risky business. Never invest the last or borrowed money - one of the golden rules of investing. You can get into very big debts that you won`t be able to return. Invest only that part of your savings, which it is not a pity to lose in case of failure.