I remember this thread in 2017 in the French part.
https://bitcointalk.org/index.php?topic=2425439.0At 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
Bitcoinbitcoin but people like us should not take loans to buy
Bitcoinbitcoin because now if we take loans and buy
Bitcoinbitcoin and at some point if
Bitcoin isbitcoin gets dumped and
if I
havemake a loss then I will not find any other way to pay my loan then
of course I will
definitely have to sell
Bitcoinbitcoin at a
lowlower price
for Prem Parishadto pay the loan and
even if not
then I will have to sell some
of my 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
profit to pay the loan. So I would say we should not take loans and
should not invest in
Bitcoinbitcoin.