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/biz/ - Business & Finance


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9111900 No.9111900 [Reply] [Original]

My University is offering me almost $3,000 in loans for summer classes. Should I take it and invest it in more Chainlink?

>> No.9112207

>>9111900
bumpity bump

>> No.9112226

>>9111900

obviously. also check em. don't you want 297k to fuck around with?

>> No.9112240

when you make it dont even pay them back

>> No.9112370

>>9112226
where are you getting 297k from?

>> No.9112477

>>9111900
Your double zeroes confirm that you should absolutely take out a loan to buy 6k LINK.

>> No.9112498

>>9112207
shit or get off the street! i'm not here to hold your hand you little monkey

>> No.9112531

>>9112370
$3k of link turning to $300k, return loan of $3k. $297k to play with. Don't they teach you math at Uni?

>> No.9112547

I'm planning on doing that with the 6.5k they're giving me next semester. I cant see any reasonable downsides to it.

>inb4WHATIFITALLCRASHESTO0

>> No.9112573

>>9112531
Looks like you're the one that needs to go back to school. $3k now will get you 6k link, which will be $6mil not $300k.

>> No.9112597

>>9112573
Not if OP sells at $50 you cuck.

>> No.9112605

>>9112498
kek

>> No.9112728
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9112728

>>9112477
This, dubs speak truth

>> No.9112946

>>9111900
I'd do it. But I'd be conservative. Near the end of the school year sell enough to cover the loan. You leverage it to increase your stack but aren't burdened with debt win win

>> No.9113007

>>9111900
Yes anon. When the sInsularity comes.. you can do so much.. including finishing school debt free if u you so chose. This summer... js fuck bitches while you get stinky Linky

>> No.9113080
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9113080

>>9112240
>>9112477
>>9112547
>>9112946
>>9113007
Thanks boys, I'm gonna do it. That + a job will get me to 20,000 by end of summer

>>9112531
Im getting a worthless degree

>>9112498
srry

>> No.9113119

>>9111900
If you're not gonna need it between now and the end of Fall semester then absolutely yes. You are me before 2015; missing out on a massive bull run because you don't have shitloads of disposable income to throw into crypto.

>> No.9113155
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9113155

I was thinking of doing the exact same thing. My uni offers $2000 interest free loans (in Australia). I'm thinking of taking it and investing. You have to repay in 6 months.