/biz/ - Business & Finance

Anonymous Sat Dec 15 15:08:46 2018 No.12129058 [View]
File: 10 KB, 206x249, 1543985827776s.jpg [View same] [iqdb] [saucenao] [google]

Why shouldn't I take out a loan to invest in crypto, /biz/?

Let's say I take out 100k to buy Bitcoin with 20% API, for example. I am 100% positive Bitcoin will be higher than it is rn in two years due to the halving.

If Bitcoin goes back to 20k, I'd have around 700k, pay back 120-175k on the loan, and have enough capital to set me up for life. Even if it only goes back up to 6.4k (what it was one month ago) I still would have made over six figures.

Why isn't everyone doing this? How would I go about getting a loan to fund this? Holy shit I'm going to make it just be hodling bitcoin LOL

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