Has anyone done the math for some of us who are not as quick grasping this? I still find this a bit too risky. I think I've heard about this before, supposedly you make your money as the inflation go down or something, can't exactly remember. Still, can people really afford to do this at such times like this?
Taking loan is always risk, but if you've got stable earning to pay the interest along with the capital even if the market isn't supportive then it is not a big risk. There are people who doesn't have big spending, and they are affordable to pay the loan premium from their salary or out of the business. For them taking loan to invest on cryptocurrency will be profiting, because they've got the time which will assure with profit/growth.
Yeah it is risky. I probably wouldn't even try it unless I know I have some money saved up to pay for a few months of the premium. Especially these days, it's very easy to lose a job or for a business to go under.
I'm still curious why they are saying it's good to take loan during high inflation. Especially since the money you borrowed would have less purchasing power.