Quote from: Rengga Jati on Today at 09:36:54 PM

Quote from: MarjorieZimmermanGinger on December 27, 2022, 05:38:19 AM

Quote from: JayJuanGee on December 26, 2022, 09:32:17 PM

I personally don't have any problem with a loan and to take chances that front-loading the investment might pay off better than buying incrementally. Each of us is free to exercise those kinds of potentially reasonable gambles - even with long term investment money.

Everyone has no problem with borrowing, it's free to do for certain interests, especially the use of the money taken is placed in investing in bitcoin.

I am not sure if everyone. Sometimes, some people are experiencing big problems with loans for investing in Bitcoin or crypto. The risk is much higher because we must pay the debt and maybe along with the interest. Not only that, not everyone is ready for Bitcoin investment. Sometimes, their expectations are very high but they are not ready for the risks, so they are prone to panic attacks, especially in a bearish era like this. And finally they experience losses and difficulties in paying these debts. In this case, it would be better if we use our own money to invest to reduce various risks. But again, this may be a matter of personal preference and ability. But especially for newbies, I really don't recommend going into debt to invest in crypto.

We are talking about bitcoin here - not "crypto."

Fuck shitcoins.