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/biz/ - Business & Finance

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16503395 No.16503395 [Reply] [Original]

Did any of you unironically take out $20k in loans to buy bitcoin?

>> No.16503406

>>16503395
It's never going to be past 19000$ again.

>> No.16503412
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16503412

>>16503395

>> No.16503418

yes. wife still doesn't know.

>> No.16503424
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16503424

>>16503395
>>16503406
Don't do dare say that. I am fucking paying of 500 dollars every month with 8.99% interest and I'll recoop all my losses if it reaches back 20k again

>> No.16503430

>>16503395

Yup. Back in 2017. One 4k loan and the rest on credit cards.

>> No.16503429

>>16503412
That fucking fee lmao...

Isn't part of the point of Block Chains to mitigate retarded fees like that? Hell, I can do a wire cheaper than that.

>> No.16503448

>>16503424
It's not. Sorry fren, you gotta take the black pill. It was a pump by Tether.

>> No.16503451

>>16503429
yeah coinbase is slowly and quietly becoming full shekelstein

>> No.16503482

>>16503395
No but I did make some less than optimal purchases during the bullrun. Nothing I didnt recoup x2 by now in crypto. But either way I did some pretty stupid shit

>> No.16503610

>>16503412
>he bought at 2.96
OH NO NO NO NO

>> No.16503685

>>16503424
God damn, imagine choosing debt at 8.99% interest kek. If it's going into crypto, you're not buying with 3.5% fees, are you? And it's split into two portfolios, each backtested, and subjected to short-term economic crisisisisis, right?
Borrow $50 with every $500 a week, using Binance and very low leverage margin positions, you might improve your outlook
But holy shit, you're an idiot.

>> No.16503699

>>16503424
Also put some into an index fund--any index fund, it's going to fare better than betting on BTC hitting 19k in the short-term
lol

>> No.16503770

>>16503418
Based. Only one more year and you’ll have pulled it off

>> No.16503782

>>16503406
There is literally a 100% chance that it does

>> No.16503801

>>16503412
>(((set up a recurring buy)))

>> No.16503820

>>16503424
its going back dont worry. back to $1k that is

>> No.16503829

>>16503395
i did to pay for your mom faggot

>> No.16503979

>>16503829
>paying 20k to fuck someone's mom
Bruh for 20k I'd whore my mom out too.

>> No.16504008

my mom once told me to never get in debt, and i'm sticking to that advice

>> No.16504023

>>16503429
That transaction wasn't done on chain, it's just a Jew tax

>> No.16504026

>>16503782
lel why? cus u want it 2?

>> No.16504027

>>16503699
Halving in 6 months. ETH 2.0 in a month. Crypto bullrun 2020.

>> No.16504071

>>16504027
Crypto bullrun 2020? You mean the crypto bullrun 2019 is running out of time? What happens in Dec next year? "Crypto bull run 2021"!!!! What happened to 100k BTC this year?

And, ETH 2.0 better be good, since you know, it's the only thing that's gonna stop ETH dropping below $110

Halving in 6 months -- hey, let's hope it's as good as LTC's last halving. kk.

Investing in SPX and leaving for 10 years--from today--will outperform 95% of 'crypto day traders' found in /biz/

>> No.16504121

>>16503395

i bought at $1500 and didn't sell
i bought at $3200 post crash and didn't sell
i bought at $7000 and haven't sold

listen retards you're supposed to buy and never fucking sell under any circumstances, you alt coin faggots in this thread deserve to lose all your money

>> No.16504152

Everyone that got in around $400 is out, weird innit?