/biz/ - Business & Finance

Do you think this is the highest BTC will ever be? Why don't you take out a loan to buy at current prices if you're confident it'll do at least a 2x in the next year or two?

>>57109575
Honestly I think it wouldn't be a bad deal, Im only planning to DCA BTC during 2024 anyway and I have a hard time believing that just lump sum buying BTC now won't out perform DCAing in 2024 even if I was to discount the 7% or whatever interest. The only reason I don't fomo into this is that feeling fomo I think is a top sign and I hate loans out of principle.

When BTC hit $15K, I sold. When it hit $44K I bought.

>>57109561
>$16k for digital nothing
sounds expensive to me.

>>57109726
That's the /biz/ way, never change

I tried. I wanted to take out a loan and buy link when it was crabbing at $6-8. My credit wasn’t good enough though, only recently after it went to $12 did I finally break 700 and could get a personal loan for a good sum. I did end up taking one out still and buying at $15

>>57109726
Damn congratulations dude, I couldn't lose my money that perfectly if I tried

>>57109561
I bought at $3k and sold at around
$15k. In the interim I lost my small stack of btc on shitcoin pumps. Now I am poor and wage cucking. I literally could have retired had I just left it in btc.

>>57109575
will5x

>>57109561
because the only thing more retarded than not buying Bitcoin at 16k is taking loans to buy crypto

>>57109561
me too nigger, but I took a loan for $VINU a few months ago and shit had a 3x, loan paid itself and I now have $500k for myself

>>57109561
You'll feel good about not going all in at 16k when we drop to 12k.

>>57110490
you're indian and have never seen $500 together in your life

>>57109561
Because you haven’t made a catastrophic loss that killed all trading emotion for you yet

>>57109561
I tried and got denied.
Some other anon posted he took a short term loan 7 figure loan. He must be doing really well

>>57109726
I've never understood this. I've never added to a winning position and only ever added to a losing one.

you still have that chance right now, with Kaspa

>>57109561
For the same reason you're not taking out a loan now to buy alts.

You lack conviction.

>>57109561
Last chance to slurp BASEDGROK on pinksale, the presale is just mins away from ending. Hurry up

The best time to buy is when everyone's crying and screaming that it's dead that's how you 20x your investment.

Or just DCA like most people.

>>57109561
why didn't i take out a loan to fill my basement with miss nagatoro and helpful fox senko-san figure? I'm up 6x on all of these!

im always regretful of not taking hances when i could, thats why im taking more risks lately, even going against my no web3 game policy and getting into Blocklords, is better to go all out while i can than missing out as I always do

>>57112857
>>57115219
THIS, theres a thin line between never taking risks and being reckless, both extremes keep you a poorfag

>>57109726
non sexual ways to get astronomiccally cucked