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/biz/ - Business & Finance

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52728907 No.52728907 [Reply] [Original]

BTC is close to as low as it can go right now. Is it a big brained move to take out a one time manageable loan to get the value of one BTC, or is it an incredible mistake you would expect from a newfriend?

>> No.52728909

>>52728907
>BTC is close to as low as it can go right now.
source?

>> No.52728922

god will not reward a managable loan, you have to sumbit to his grace and debtmax

>> No.52728923
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52728923

>>52728909
Ok, fair enough, that was an incredibly retarded thing to say. I should have said, "I cant see BTC going much lower right now based on absolutely no evidence just tingly feelings".

>> No.52729059

>>52728923
No, no. You called it. And you are right. Go with your gut.

>> No.52729088
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52729088

>>52729059
>cant tell if serious
I guess it would help if I was more serious by giving examples on why BTC wont go down much further, but Im an brainlet and I have nothing outside of historical trends, which as we know doesnt mean alot.
Maybe BTC could be adopted, but there are some banks now that want to do their own crypto? Could BTC link them together? IDK.
I dont know enough about BTC to take a risky loan, but I also considered taking a loan when BTC crashed to 3/4k back in 2017. I guess I should actually look into the value of BTC instead of hoping to have internet strangers tell me what I want to hear.

>> No.52729463
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52729463

>>52729088
BTC is absolute perfection. Immaculate. Invaluable. If you are seeking one, now would be the time, yes.

>> No.52729525

>>52728907
sdf

>> No.52729540

>>52728907
I personally recommend against the loan move.
t. All in on btc currently

>> No.52729593

>>52728907
Properly determine your downside. If your speculation drops 90%, what does that mean? Lose 10 months of expendable? 10 year? Lose your house? Don't fucking pretend it is safe, and you can do this and win, or lose and be ok.