Post
Topic
Board Altcoin Discussion
Re: Is it a good time to buy crypto?
by
Red-Apple
on 09/08/2018, 10:03:35 UTC
Would it be a good idea to buy crypto now (by taking some loan)?

even if it was last year (start of 2017) when everything was getting pumped hard and we were seeing the big rises, i wouldn't have suggested taking a loan to invest because this market is still pretty risky and you should never invest money that you don't own (aka loan).
if for example the exchange you are using scams you and runs away, you have to lose all your money and still pay the loan with its profit back!!! not to mention all the alt coin dumps that happen.