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/biz/ - Business & Finance

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1599116 No.1599116 [Reply] [Original]

I want to invest in Bitcoin, but I'm broke. I have a fair credit rating, but I'm unemployed. I'm in Canada.

Do I have a hope in hell of getting a loan, even for a low figure like $10k?

Qaddafi unrelated.

>> No.1599117

>>1599116
please don't get a loan and invest it into a highly volatile commodity. sure we all think bitcoin is going up, but can you afford to lose 10k and owe 15% interest on it when you're unemployed and broke?

>> No.1599119

>>1599116
no.
banks only loan money to people that don't need it.

sorry.

>> No.1599144

>>1599117
I own nothing and have no employment prospects. I have nothing to lose.

>>1599119
How do I convince them I don't need it? Could I say I want to take an undergrad course in the humanities?

>> No.1599146

>>1599144
>How do I convince them I don't need it?
make more than enough money to pay it back or offer them one of your assets worth more than $10k as collateral.

they aren't persuaded by promises in my experience.

>> No.1599150

>>1599146
I have no assets for collateral.

Open to any suggestions.

>> No.1599151

>>1599150
ask a friend or relative.
banks aren't in the business of giving loans to people that can't pay them back.

>> No.1599156

>>1599151
Already went that route. No dice.

Are there any options besides banks for small loans? Even 5k?

>> No.1599157

>>1599156
credit cards, pawnshops, payday loans.

I'm guessing if any of those worked for you you'd have already tried them though.

Personally I'd get a job.

>> No.1599162
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1599162

>>1599157
>being a wagecuck

>> No.1599170

There's only one bank that will loan someone fiat to buy bitcoin. The First Satoshi Bank of Peace

>> No.1599171

>>1599170
I didn't know you stayed up this late

>> No.1599179

>>1599162
>being a wagecuck
says the guy that can't get $10k because he doesn't have a jerb

oh the ironing

>> No.1599183

>>1599179
What's the ironing about it, chap?

And my jerb went to Gina, okay? They're taking all our jobs. Big league. Believe me folks, believe me.

>> No.1599482

>>1599116
>taking out a loan to invest in bitcoin
Nigga are you high?

>> No.1599494

>>1599144
>nothing to lose

if you followed your plan you'd have 10k to lose. then you would lose your fair credit rating.

>> No.1599497
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1599497

> wants to make a loan to buy bitcoins
what in the fuck are you thinking anon?

Never loan money when you don't have any savings. Anyway they won't lend money to anybody that has 0$ in his bank account IMO.

>> No.1599504

>>1599144
>have no employment prospects

What are you an invalid and quadruple amputee? Even then, you can probably find work in customer service.

What kind of pitiful, defeatist faggot are you?

>> No.1599517

>>1599116
Waves is much better faster secure high profit.
Buy Waves better choice

>> No.1600159

>>1599116
>want to invest in Bitcoin,
>broke
>unemployed
>hopes to get a loan

This is why you will always be poor. You have the reasoning skills of a poor, dumb-fuck. So why Bitcoin? Why not borrow 10k and invest in a bunch of coke and heroin? I bet you'll be a really popular guy, and get lots of blowjobs for a few days at least.

>> No.1600184

>>1599116
Investing in Bitcoin is not for poor people anymore you missed the boat m8