Quote from: Becassine on April 11, 2025, 10:45:58 PM

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.

Loaning money to buy BTC is a good choice depending if the price is at a drop that will make you be profitable when you invest it but on the contrary knowing that the price is not favourable and you tend to buy at that rate will be more frustrating cause the value will depreciate rapidly in respect to that and it'll be a great loss,so I believe it's in this regards he was persuaded to do so.yes such investment involves risks no doubts but you need to understand the right time to do so.