Quote from: vladtepezs on Today at 03:09:48 PM

What I see about bitcoin is its gonna bounce between 100-110k to 80-90k for a long time (at least until Trump takes over). I have an option to take a 2.8k $ loan from a bank and pay 3.4k $ in 8 months. (I'm gonna start paying it after 2 months so you may assume its 6 months). Should I get that loan and make 3x - 5x margin trades on Bitcoin with this strategy? I really appreciate your help. Take Care.

my answer is the same as everyone else here. a big, fat NO. don't do it, it's a terrible idea.
taking a personal loan to trade crypto almost never ends well. and as i see it, you are basically borrowing money to gamble on bitcoin price. ask yourself, would you take a bank loan to gamble?

Quote from: vladtepezs on Today at 04:07:52 PM

First thing first I thank to you all for sharing your opinions with me. If I don't lose the base money then yes I can surely handle the loan's interest. But if I lose like %20-30 then bell of chaos is likely to start ringing.

there you go, you have answered yourself. if losing 20–30% would cause chaos, why take the risk?

Quote from: freedomgo on Today at 03:53:49 PM

If you still have doubts, maybe this would help you.

'I Quit Job, Sold House and Aped Into Bitcoin': Ex-Binance CEO CZ Reveals Success Secret

Quote

U.Today - In a surprising revelation, former Binance CEO , popularly known as CZ, shared the unconventional journey that led him to success in the crypto industry.

In a recent social media post, the entrepreneur commemorated the 10th anniversary of a life-changing decision: "10 years ago today, I quit my job, sold my house, and aped into Bitcoin."

they failed to include the rest of the tweet.

Quote from: https://x.com/cz_binance/status/1731233341028888936