Quote from: akar87 on Today at 04:01:08 PM

Quote from: bittreo on December 17, 2020, 04:39:10 PM

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?

Not guarantee with bitcoin and altcoin is the best way for investing and get much profit because I see many people make mistake with loan money and buy or invest with bitcoin or altcoin, some time we can't prediction bitcoin always on higher price, if you use loan money as funding for investing how come you can pay on time but bitcoin or altcoin as your investment have lower price, better use free money for joining or investing in cryptocurrency.

When you do have still money into your bank or have some savings then its more ideal to allocate some portion or percentage of it rather than
consider on taking up some loan for you to invest on.If you can bare with the risk then go ahead but if you aren't sure if you can repay or not then
to avoid taking loans as much as you can because this will really be ending on messing up with your finances.Always have that risk management
thing and try to picture out the probabilities of things that might happened if things turn out or goes to the opposite side.