Post
Topic
Board Bitcoin Discussion
Re: Loan to buy Bitcoin?
by
Dewao
on 15/10/2019, 04:14:26 UTC
That depends on how long you are going to HODL your bitcoin. If you buy bitcoin now and HODL it for the next 5-10 years you are going to make a huge amount of profits. Imagine the people that bought bitcoin in the last 5-8 years? Those guys bought bitcoin around $100 to $200 range and yet they can now sell their bitcoins for roughly $8k minimum. Bitcoin is a very good investment for the long term. 
The good plan about loaning  when you want  invest in btc is if you have a business already that can use to  pay all of the loan that you will use to buy BTC .