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?
I think it's very ridiculous what these people are doing, lending money in a bank to invest in cryptocurrency, they don't know the effect of borrowing money, if the investment made in crypto is problematic, it's really not the right move. Investing is an activity carried out with very careful consideration, by studying several levels of risk that will be accepted, which in the end the investment is seeking the maximum profit, if the decision to invest and take money in the bank, then you will receive two problems simultaneously, so think before doing any of that.