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49624297 No.49624297 [Reply] [Original]

Hello, i want to take out student loans and buy the bottom, are there any legal repercussions for this or am I good to go.

>> No.49624316

>>49624297
I am also in the process of getting a big loan. My only concern is this isn't the bottom.

>> No.49624346

>>49624297
Yes, are you an actual student or are you just a retard who intends to lie to the bank to get more money for your gambling fix?

>> No.49624398

>>49624297
>We are not the same

>> No.49624708

>>49624346
I am in college right now, but I'm also a retard.
using my pattern recognition skills as a violently autistic male I'm assuming as long as I'm a student this plan is ifne

>> No.49624747

>>49624297
Never use borrowed money to invest.

>> No.49624753

>>49624708
Well it sounds like you're developing good life skills like "when you're down 90%, double down and see what happens".

>> No.49624937
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49624937

>>49624753
acshually im only down 67% YTD

>> No.49624961

>>49624747
government is in trillions of debt why cant I

>> No.49624980

>>49624316
DCA while we're ate the 200-300 week moving average range simple as

>> No.49625001

>>49624747
This is what wealthy people who used money to invest tell everyone else. Its better to buy assets that have cash flow properties though and not simply assets where you are buying and holding and waiting for appreciation.

>> No.49625015

>>49625001
borrowed money*

>> No.49625017
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49625017

>>49624297
don't do it, I am a nz fag and used my course related costs to buy crypto a few years ago, not working so well rn

>> No.49625021

>>49625001
with how shit P/E ratios are across the board does this sentiment still hold water

>> No.49625046

>>49625021
I would simply do option spreads and play volatility. The gains won't be great you probably won't lose money and still get exposure

>> No.49625055

>>49624297
Gambling isn't the same as mining for diamonds. This image is retarded.

>> No.49625065

>>49625017
You could have sold 6 months ago and made a killing and paid off your loans and retired.

>> No.49625069

>>49625017
i wish i took profits at 60k like i plannned but the bitcoin mooners like michale GAYLORD told me we were going to 100k ez so I held and even held through 68k double top, was busy being a wagie and depresso though so not all crypto perma bulls fault

>> No.49625086

>>49625055
cope

>> No.49625265
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49625265

>>49625065
yep, i watched it reach near 100k, but I got greedy.

and yes, I could have payed off my student loan and all my credit cards, AND had money to burn, but alas I did not.

crypto will go back up again at some point, and I will get my revenge

but for OP i would advice not using your student loan on crypto. Unless yours is interest free like us NZ fags?

>> No.49625480
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49625480

>>49625265
5%every month i think, but btc is about to go 3-4x by January