Personally, I have no problem with using loans in order to speculate on something like BTC, and yeah it is a form of front-loading of the investment. One of the important things is to have ways to pay back the loan from sources other than BTC.. so that the repayment of the loan should not be dependent upon the thing that you are betting on.. otherwise you may well be fucked if the investment moves against you.  So in other words, there is a need to be prepared for either price direction, even when taking a loan... and if you are not able to take the loss (if the BTC price were to move against you), then you should not take the loan... otherwise, if you have planned through it, then you can still take the loan even if it ends up costing you more than you would have had made in the event that you had just bought BTC regularly rather than front-loading your investment with a loan.

Pray tell.



When is the next Mensa meeting?