Just a quick update: Tomorrow i will have a talk with the bank about a possible loan, since i have never taken a loan before, and since my credit score is perfect i'm sure it won't be any problem.
So pray for me! :D
25k Loan for Bitcoin Investment
7 years ago by beyondthecrypto (61)
$0.06
- Past Payouts $0.06
- - Author $0.05
- - Curators $0.01
Hey man...why take a loan to put on Bitcoin ? Bitcoin is volatile, you can lose that money in no time. Its better you save slowly and put in Bitcoin or Altcoins , money that you can afford to lose. Bitcoin is having a fork in November and prices will crash .
Build your portfolio slowly by investing in Bitcoin and some Altcoins you believe in
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it's not sure prices will crash. they could even go up 100% nobody knows
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There's a hard fork around the corner and this will surely impact pricing. Bitcoin can also be easily stolen...the whole of it from any exchange. Mine was stolen off Bittrex yet I had the two factor authentication enabled.
A friend had a malware sent on his PC that infected the Copy and paste buttons and he was sending Bitcoins to the wrong address.
What am simply saying is that....its too risky to borrow money for such an investment...its better if its from your own pocket and you can withstand the shocks since this is new technology and it comes with its own problems
All that said...the ball is still in your court...its your money !
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