Post
Topic
Board Economics
Re: Bitcoin Investment: Good Debts vs Bad Debts
by
Cryptmuster
on 22/10/2023, 08:25:46 UTC


Would you classify borrowing money to invest in Bitcoin as good debt or bad debt?

I would classify this debt as too risky, because in the case of Bitcoin it is difficult to calculate exactly the time when we will be able to profit from our investment. A bear market can be very long and all this time we will need to repay the loan, and if you find yourself in such a protracted period, then such an investment will not bring you anything, in addition, and you will owe even more than you borrowed.