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51009880 No.51009880 [Reply] [Original]

Why in the fuck shouldn't I get a personal loan for buying heaps of crypto currency? People get mortgages and overleverage themselves 20 or 30 times over. Crypto has proven it's more valuable and has gotten more amazing ROI compared to real estate.

>> No.51009916

>>51009880
Sounds good, go heavy on LINK.

>> No.51010073

>>51009916
not link necessarily but just good projects. i guess that might include link. but serously, i'll just get a 50k loan and buy some lowcap project.

>> No.51010215

>>51009880
bump

>> No.51010308

>>51009880
At this point I might seriously considering getting a loan to buy BTC or ETH.

The thing is though, you can just trade on margin. Take a long position at 2x or 3x or something. The problem is how to avoid margin calls if there is a short term crash.

>> No.51010680

>>51010308
I rather just get a loan m8. I plan to DCA forever till i retire, so might as well get a lump sum to buy now and keep buying.

>> No.51010693

I took a 1500$ loan out and just locked it into eth2. Nothing crazy but I will make a Profit eventually. Fixed rate so only 60 bucks interest

>> No.51010705

>>51009880
Just don't get double rekted with the rate and market drop. Godspeed

>> No.51010738

>>51009880
Lmao what the fuck, have fun bagholding both crypto and debt

>> No.51010774

>>51009880
bank jews just love slum lording

>> No.51010822

>>51010680
thats what i am doin right now, if the economy goes tits up it doesnt matter either way if you have debt or not

>> No.51010826

>>51010738
Crypto is the future. If you choose the right projects to invest in simply by doing a few hours of research, and you're confident, and it be a great idea. I mean ffs we all already plan to buy till we die. If you can get a good interest rate, you should be fine.