Post
Topic
Board Bitcoin Discussion
Re: Bitcoin backed loans
by
btc78
on 24/05/2024, 05:37:46 UTC
It would be a good idea to sell some if I already have bitcoins. Here there will be no worry of repaying the loan and there will be no need to pay interest.
One of, if not the most unfortunate things to happen in an investor is having to sell their bitcoin due to lack of funds. It would certainly make an investor think of a mullion what ifs. There might also be a chance where he can’t immediately replenish or replace the money he had sold. With bitcoin’s price right now, I wouldn’t recommend selling because if you want to buy it might be too high or too expensive already,