Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
laijsica
on 08/01/2025, 12:40:52 UTC
In conclusion loan is not for everyone but for people who are financial minded or wise, and not for guys who should not have been using dept due to lack skill and or using it in the wrong circumstances.
I agree with you here. Most people take loans for business or any other thing and they pay it back. Now, they took the loan because they already prepared or are expecting the money in a few day's time to pay back. I am totally against taking loans to invest in Bitcoin as it is very dangerous. But to those who are financially buoyant and can expect huge money several times within a week or two then they can choose to take loan if the urgent buy of Bitcoin is so serious.
I welcome depositing Bitcoin with a loan if you can tolerate it, such as if Bitcoin worth is going down, you will not have to borrow from others to pay off the loan. Or the situation where the real asset is damaged / the possibility of selling / the possibility of selling Bitcoin at a low price when selling. Guys often try to build up their backup fund and take out a loan to continue accumulating Bitcoin, which can be a good decision. If the amount of the backup fund is in a strong position, such as over a year, then you can arrange your Bitcoin plan with a loan, which can definitely take your investment to a strong position. If you can apply your strategy with the target, you will be able to repay the loan from the capital and at the same time the Bitcoin pile will continue to grow.