Post
Topic
Board Speculation
Re: Buy every dip!
by
len01
on 31/03/2025, 17:43:01 UTC
The best way to take loan for Bitcoin investment is when you are working and you take a loan and then little percentage of your salary will be taken weekly or monthly till the loan is completed, if it is done this way then there won't be any problem, and for those who wants to take this move please Don't be in a hurry make sure the interest in the loan is okay one that won't affect your finance.
Honestly taking loan for bitcoin investment is not advisable. It makes investing meaningless when they become unable to pay the loan on the agreed date.  It's always a risk though to borrow and invest in Bitcoin due to the price fluctuation. It also depends on where you take the loan and how much interest is giving. Bank loans are extremely high avoid them. Margin loans for stocks are typically around 5-6%, while property investment loans are closer to 3%. There's no reason to overpay when applying for a personal loan.
The risk not about the fluctuating price of Bitcoin, but the fact that the current job does not guarantee that the loan used for investment can be fully paid.

I mean, even though someone has a job and a steady income, it doesn't mean they don't have any risks. Like suddenly the company goes bankrupt and they have to leave the job. While at that time they still have a loan at the bank that they have to pay off. In the end, they will sell the bitcoin they have to pay off the loan. That very bad and not recommended.

While our initial concept here is to save comfortably without having any pressure and it is better to buy bitcoin with a small amount that can be lost. So we are always comfortable when investing without having the pressure of having to pay the loan.

I can guarantee that anyone who invests long term in bitcoin but uses borrowed money, I am sure they will have a hard time maintaining their assets.