Hi guys, I want to make some investment in btc . but the hard truth is that i have not enough investment capital. So I am actually looking for any financial firm that offer loan for these kinda investment. Do you have any idea?? Please share.
Do you really know the implications of borrowing to invest in cryptocurrency. I don't see any financial or investment institution ready to give you money for that purpose the moment you disclose that is what you need it for even if you have a worthy collateral. The reason is not because they don't want to make money or they don't like their clients to succeed but because of the amount of risk involved which is highly tending towards the direction of defaulting and no insurance firm would cover for that. When that happen, and your collateral is liquidated, you then become poorer, they lose on customer and the amount of income from your end, while you become a burden to the society.
The sounding message is simple which is not different from what others have said, despite the fact that there is need to investment now and make more returns, its not wise to do it being cornered into an impossible choice because even though we believe the price of bitcoin would rise, its better to hope for that without any pressure of someone pressuring you for repayment of loan or you lose your property.