Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
somac.
on 25/11/2019, 10:47:26 UTC
⭐ Merited by JayJuanGee (1)
Hu guys! I have a big respect for all who post here!!! I am a new generation honey badger and learned a lot from you! I am contemplating to take a bank loan equal to 2 year salary. My bank has some good  5 year credits (about 12% interest for the whole period). Even if the price falls to the 3100 bottom, it will recover soon, I have no worries about that. This is probably the last chance to increase my stash with several whole coins before the halving.

P.S. My friends who were afraid to buy at 3100 earlier this year, are now planning to invest serously. Bull sign that good times are ahead!



Fortune favours the bold my friend. But, if your are going to do something like that make sure you can afford a 100% loss. It's not just the price going down. Exchanges can be hacked (lose coins if kept there), private keys can be misplaced, hardware wallets can be lost, 24 word seeds written down could be found by others.

So if you are going to take a loan, make sure that all your bases are covered first.

Good luck!