Post
Topic
Board Economics
Merits 1 from 1 user
Re: Why it is sometimes possible to take out a bank loan to buy BTC
by
Powerjumboo
on 12/04/2025, 23:09:10 UTC
⭐ Merited by Zaguru12 (1)
I remember this thread in 2017 in the French part.

https://bitcointalk.org/index.php?topic=2425439.0

At the time OP wanted to borrow to buy BTC. As we know today, he would have made a great deal (plus, a rare thing at the time, his banker was OK to lend him the money).

Yet almost everyone advised him against it. Why was that?

It seems to me that all investments involve risk. What makes borrowing to invest in BTC any more risky than investing in a start-up, opening a business or buying a house (which may be full of defects, for example)? If the person's financial situation is stable and the banker, after studying the file in depth, is OK, I don't see why you can't borrow money to buy BTC. In fact, this is what some large companies do.
Big companies can take loans to buy Bitcoin but people like us should not take loans to buy Bitcoin because now if we take loans and buy Bitcoin and at some point if Bitcoin is dumped and if I have a loss then I will not find any other way to pay my loan then I will definitely have to sell Bitcoin at a low price for Prem Parishad and even if not I will have to sell some land and house in my house to pay the loan but in the case of big companies it is different because they will make profit and later they will be able to pay the loan from this profit earned to pay the loan. So I would say we should not take loans and invest in Bitcoin.