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 was actually thinking of that on Binance I saw its huge potential in the market when it was starting out so many people are promoting it and I don't have many funds to invest and the only way is to take a loan and make my motorcycle as the collateral, I back out on the last minute but manage to get a fund by selling some of my coins and I got it all back with profit, it's risky to take a loan you have to be 100% sure of what you're going to do and you are willing to lose if ever, I have that mindset so I proceed, but I don't recommend taking a loan if the project is not as good as Binance or similar.