Post
Topic
Board Economics
Re: Why it is sometimes possible to take out a bank loan to buy BTC
by
Bd officer
on 14/04/2025, 02:11:38 UTC
...., I don't see why you can't borrow money to buy BTC. In fact, this is what some large companies do.
Bitcoin is risky so one should not invest in risky sector like Bitcoin with loan from bank. We know investing in Bitcoin requires long-term planning. Now if you take a loan from a bank you have to repay it within a certain period, but you may fail to repay the loan. However, I don't invest more money than I can afford to lose, I invest some money from my income, so why should I take a loan from a bank? You cannot guarantee 100% profit by investing in Bitcoin. So I think you should not invest by taking loan from bank.