Post
Topic
Board Trading Discussion
Re: How weird is it to borrow money and invest into Bitcoin?
by
Iadegbola34
on 10/04/2022, 11:42:37 UTC

I want to know if it's much risk to borrow and purchase bitcoin like it is to trade bitcoin.
I would never advice you to borrow to invest in a very volatile market. Yeah a lot of expert might say Bitcoin will break the ATH soon but no one really knows for sure. The price can move against you at any time. How then do you intend to pay back your loan in such situation, considering you will have to pay interest too on the loan.