Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Platinumys
on 14/03/2025, 18:48:34 UTC
Using borrowed money to invest in bitcoin is certainly not the right thing to do. Because what is called a loan, especially borrowing from a bank, there must be something called installments every month. So if for example the borrowed money is invested in bitcoin, then what about the installments that must be paid every month. Because installments must have become an obligation that must be paid every month. Because if not, the goods used as collateral will definitely be confiscated by the bank. Therefore, maybe paying by selling bitcoin is the only way. That is why investing in bitcoin using borrowed money is a path that we all really have to avoid. Because I can assure you that our long-term investment flow in bitcoin will not run smoothly. Especially if you don't have a regular income every month, I think it will turn into a very big difficulty. So I personally have really emphasized that investing in bitcoin must use discretionary money and other than discretionary, I don't think there are any other funds that are suitable to invest in bitcoin. So whether it's an emergency fund or borrowed money, both are funds that are not right if invested in bitcoin.
I think so myself, as well as those who hear this may not make the person who borrows money want to invest that money. If there is a desire to invest, I think there is not much need to borrow money rather the person can accumulate a good amount by investing little by little through the will power of Bitcoin. The disadvantage of investing with borrowed money is that there is usually a certain period of time to repay the money to the person who lent the money to the investor. The fact that the investor is borrowing money to invest means that the investor clearly has no money left, so when the lender presses the investor for financial advice, the investor will have no choice. Many may now say that in the end the investor will be able to pay off the loan to the lender by selling the amount of money he borrowed and invested, but the problem is that the market is not always in the same position. It may be that when the lender is pressuring the investor to repay the loan, the market is slightly down, and if you sell at that time, the investor has to sell the investment at some loss, but the investor has problems on both sides. So I think you should think about these issues and then decide to invest.