Post
Topic
Board Economics
Re: Maybe good time to loan money to invest in crypto
by
qwertyup23
on 17/12/2021, 17:28:40 UTC
Maybe now its a good time to invest
And borrow money.
Btc goes 120,000$  if you buy now you make like over 60,000$ profit.
But dont buy just btc divide ur portfolio ...
Buy few metaverse few top coins maybe web3 and u wait ATH and you sell it.
Pay i ng back loan and u are in profit.
Next year as we all know ATH 

I somehow agree that this may be a good opportunity for loans as the value of crypto is relatively low in the market. I do suspect, however, that its price may recover by the first quarter of 2022. That is why, any investment opportunity done at the current price of BTC (~$48,000) can be profitable long-term.

Though the problem of loans stems from its very nature that you are lending someone your money. There are many instances where even trusted members of this forum took advantage of their reputation and got away with it.