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/biz/ - Business & Finance

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23443408 No.23443408 [Reply] [Original]

>> No.23443525

>>23443408
Take out a larger personal loan to buy BTC. Set aside enough of the original principal to cover pmts for 10 months.

Little known fact about this strategy. You are adding buying pressure to crypto and selling pressure to the dollar. The more ppl do this, more dollar weakens against BTC

>> No.23444191

>>23443408
Yes, but since you dont got shit i would wait until its more certain there is not gonna be a extra dip

>> No.23444242

>>23443408
yeah go ahead and take out non-dischargeable student loan debt to invest in a pumped to the moon, thoroughly kiked stock market in the middle of a global pandemic and impending global recession

>> No.23444265

It’s a halfing year for Bitcoin so crypto is a good investment this year.

>> No.23444288

>>23443525
Bitcoin isn’t a realistic currency for use rather a store of value. Scalability is lacking, so obviously something will overtake Bitcoin as an every day hold of value. Bitcoin is digital gold, and not a digital dollar.

>> No.23444337

>>23444191
true but if i keep buying 1k every month wouldnt it lower my average buying price is stocks dropped like buying 4 stocks at 75 or 6 at 50

>> No.23445518

No, that is fraud.

>> No.23445573

I mean, at 0% interest you can just buy dividend stocks and be ahead.