[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 17 KB, 474x266, henlo dis is apu.jpg [View same] [iqdb] [saucenao] [google]
56772655 No.56772655 [Reply] [Original]

Is taking additional student loan money (1-2k) out for crypto a good or bad idea?

>> No.56772681

>>56772655
I don't know

>> No.56772713
File: 70 KB, 872x872, 1700094647913829.jpg [View same] [iqdb] [saucenao] [google]
56772713

>>56772655
It's a terrible idea

>> No.56772716

>>56772713
Gotta pay loans off anyway, and 1-2k is not that much comparatively

>> No.56772761

>>56772716
That's retarded.
>I'm already owe this much money, and owing more money that isn't as much as what I already owe is therefore not a lot of money

If it wasn't a lot of money you wouldn't need to take out a loan for it.
One gallon of gas isn't a lot compared to the entire tank of a car, but if you can't get it you're not making it up the hill.
It's a fallacy of compounding debt and crypto has a higher chance of making that 2K debt into a 10K debt.
Just pay off your loans and don't gamble with money you don't have.

>> No.56772814
File: 69 KB, 886x886, intanet cumputa.png [View same] [iqdb] [saucenao] [google]
56772814

>>56772761
Fiiiineeeee anon, I'll be financially responsible

>> No.56772833
File: 50 KB, 780x670, 1652335692527.png [View same] [iqdb] [saucenao] [google]
56772833

>>56772814
Good thinking, fren. I'm proud of you. It's not easy to make it, but I believe in you.

>> No.56772876
File: 84 KB, 1170x1384, i7k3emfc6rv71.jpg [View same] [iqdb] [saucenao] [google]
56772876

>>56772833
I'll do the 9-5 grind to the side of school instead

>> No.56774311
File: 166 KB, 1147x927, 1662984760102.png [View same] [iqdb] [saucenao] [google]
56774311

>>56772655
dude I took out a student loan to buy food and the rest in VINU bags, anything can be a good idea as long as you can pay for it later