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2174086 No.2174086 [Reply] [Original]

Realistically, should I throw 2000 dollars of student loan money on ETH?

I know that is literally the dumbest invesmtent strategy if this were a regular strategy, but i mean come on..... its ether.....

Thoughts?

>> No.2174100

i did it with $500 from loans at $16

>> No.2174105

You should convince your parents to remortgage their house and put it all on ETH. Sell your car max your credit cards and take a loan from a bank or loan shark.

>> No.2174115

You cant go wrong with ether, the worst case scenario is if it goes sideways instead of of up

>> No.2174128

>>2174105
this. except you gotta invest in pajeetcoin I mean bitbean, not eth

>> No.2174129

>>2174100

I bought 8 at $28, but im so fucking broke right now.

Idk if i should buy in at 190 with loan money though....

>> No.2174155

No fucktard, (((they))) will never accept your crypto gains as repayment. And they'll tax the fuck out of your small transaction cash outs that you will use to attempt to pay off your student loans. Cryptofags HODL, they don't cash out for student loans. If you're in a position in life where you are trying to pay back a horrible interest rate high value loan, you don't want to be investing all your money into something that you'll need to wait for god knows how long to see actual returns. Quit being a poorfag first then you can invest in Monopoly money.

>> No.2174389

If you won't need the money for at least a year, then yes.

>> No.2174789
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2174789

I already did it with $7k back when $42ETH.
Gamble what you're willing to lose.