Post
Topic
Board Economics
Merits 1 from 1 user
Re: Bitcoin Investment: Good Debts vs Bad Debts
by
Fara Chan
on 07/05/2023, 14:51:05 UTC
⭐ Merited by fadhilz123 (1)
Borrowing money for bitcoin investment is of course a good thing, this is because of the potential for prices to continue to rise in the future, if there are banks that provide easy loans then we have to try it, I'm sure in 5 or 10 years the price of bitcoin can reach $ 1 million so bitcoin will be the most valuable asset.

How do you think that borrowing money from a bank will be good for investing in Bitcoin? Because in the country where I live now, people's business credit or in short KUR will not be given arbitrarily by the bank because they (the bank) always want to know what the customer's business is and where he lives. Have you ever found a bank that is willing to give random loans to everyone now?

Because in my opinion this is still very ridiculous if there are indeed banks that want to provide loans to customers who only want to use the money for Bitcoin investments. Trying is necessary especially with a good asset like Bitcoin, but it's not that silly either because when you only think about 5 or 10 years of price increases, you also shouldn't ignore the price drops that can happen at any time in Bitcoin. After all, the increase and decrease in the price of Bitcoin is a very uncertain thing when it will happen.