/biz/ - Business & Finance

he loaned 400k? XD

>>10662369
>not checking the catalogue.
>officialy
Good to read about retards like him, I’m officialy a strategic genius in comparison.

Not quite
>>10661564

>>10662369
why is he working for nothing?

>>10662390
https://www.reddit.com/r/CryptoCurrency/comments/96qvxb/here_is_my_bank_instalment_related_to_the_loan_i/

Seems like it, soon I'll be able to buy his 400k$ coins for pocket money.

>>10662369
I thought Islam forbid interest?

There are like 4 threads about this crap. Please fuck off

>>10662369
>I bought neo xlm ltc eth and some shit coins that lost 95% of their value already. Now I'm mostly into Neo Ont Ela Xlm Hpb.

>>10662506
It does, it is among the most serious sins a Muslim can do. On equal footing with blasphemy, adultery and murdering the innocent. The Quran states pretty much in the beginning that being involved in interest-based loans is considered waging war against God and the Prophet and will be judged like that on judgement day.

But even borrowing without interest is dumb as fuck when you intend to invest in something volatile like crypto.

>>10662675
there's a ton of interest on that loan

>>10662369
hahahahaha

>>10662675
To circumnavigate this they have specialised islamic lenders who let you ‘rent’ they money
That sand nigger is paying lots of rent lol

>>10662555
goes to show how many redditors are here

>>10662369
>hope it gives you
>you

he has some nerves.

>>10662369
Lol I'm literally in this position almost exactly.

>>10662732
its 4%...
should be close to 10% considering the risk

>>10662732
Kek
I love how religitards think their gods are all-seeing and all-knowing, but still completely blind to obvious loopholes.

>>10662484
I'm guessing all his money goes to repayments

When posts like these pop up you know its time to get a loan and buy his last remaining bags for 5k.

so prick is making 220k a year gross and he is dumb enough to take out an over 300k loan to invest in invest in assets at all time high prices by a factor of about 2000%? fuck off this is a larp.

>>10662890
it's really just a convenient way for you to filter out retards

lmaooooooooooooooooooooooooooooooooooooooo

what a dumb fuck

i-is he right?

>>10664531
yeah ofcourse

>buying crypto
>losing money at crypto

KEK, MFW all I did was mine and I'm so far in the black its literally impossible for me to lose money at this point

He still makes $200k+/year
Once he pays off his loan, he'll make more than most of /biz/ will see in their lifetime in just a year.

I'm down close to 40% on $100k that I borrowed in February. I can easily afford the $1500/mth payments but it hurts.

>>10664654
>proof

Taking out a 300k loan at fucking 16% interest to buy CRYPTO, let alone ANYTHING is FUCKING STUPID. He should probably just claim bankruptcy, what kind of bank would give someone this dumb a 300k loan? Hes a retard that did this to himself.

>SIXTEEN PERCENT INTEREST

>>10664620
most of biz will make millions
>see pic related

>>10662369
>$8k a month for 4 years. lol.