If you are a regular Twitter user and happen to follow a bunch of influencers or investors, there are high chances that you will have gone through some of the tweets claiming someone has borrowed a loan from bank to just invest into crypto. If not yet, check it
here. Well, this is one really interesting topic so I though why not discuss here.
What do you think of taking loan(s) to invest in crypto? What's your input? Have any of you done this already? Isn't this crazy?
You know, some users here would think that I'm foolish but yeah, I loaned some amount of money for investment in cryptocurrency. It's an amount that I can afford to lose if ever the scenario I've been speculating won't come true. Loaning money to invest in crypto is not advisable but you can't also someone from doing so especially now that some cryptocurrency is in the bull run and many individuals has gained profit from it.
You've been lucky yet the price or the entire market had bull run which in result for you to make profits rather than on losing one.Even though you do
say that you are taking up some loans and you can afford to lose it but deep inside its really hard for you to lose up those amounts yet you would
need to repay it out but since its our decision then it doesn't matter because we are still the ones who would repay.Just be prepared
on what would be the possible scenario if things go out in hand.Always take precautionary measures.