Post
Topic
Board Speculation
Re: Taking a loan to buy bitcoin
by
UnDerDoG81
on 03/12/2013, 01:46:35 UTC
Invest what you can afford to lose, if you become too greedy it could very well come back and bite you in the ass (and karma says it will). You will live in regret for the rest of your life. Don't do it

This. Bitcoin is still speculative and likely has a binary outcome. You don't want to be homeless because it went to zero.
People have been saying that since day one 4 years ago, it's fair to say that bitcoin will never go to zero.

Unless the BTC Code gets hacked. Thats my biggest fear. I´m also thinking about to go into BTC with all my FIAT wich actually is 50K$ and stays at the bank for 2-3 years now, let the bank made cash with my money and brings me in a few hundred dollars a year. As you can see, I dont need that money right now because it was already 2-3 years on the bank now. Im thinking to invest on a long term with that. But after reading some comments here, I´m not sure anymore. But 3 weeks ago I´ve readed the same comments as well and decided to buy bitcoins with the half of my money and now it doubled already. If I would have been go full in I would have the double of the double.