how many anons here have taken out loans to by crypto? do you still owe debt? what did you buy?
How many anons here have taken out loans to by crypto? do you still owe debt? what did you buy?
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I was thinking about it now that BTC has bottomed. They want to give me 35K for 36mo. I figure I can repay it within a year.
> i did
anons said that at $5800. now look where we are
Always a great idea, it's practically the best investment advice ever - borrow someone else's money and make it work for you! Whoever is loaning it is only making pennies on the dollar, and maybe not that if I never pay it back. They're really too stupid to have the money if that's all they're going to do with it.
Well, with 35K I’d DCA. 15K right off the back. It would be wonderful if BTC halved again in value, with the remaining $$$ I could double my BTC holdings. But I don’t think we’ll get the chance to buy $1500 BTC unfortunately.
Took 3 loans from different loan sharks valuing 1.8M with payment of 250% in 1 year and took a mortgage out on home and car valuing 300K.
how's that working out for you
>taken out loans to by crypto
bump
>otpyrc yb ot snaol tuo nekat
HAHAHAHAHAHAHA
HAHAHAHAHAHAHA
Yeah, I did. Took out 20k in march and bought alts. You know the rest. I have a good job so I'll pay it off by April but it sucks shit to know I wasted a year of my life and on top of that paid a bank 2k of interest to feed me my own cock . Fuck crypto.
What do you mean? I got a 110k loan from my bank and went all in BAT. Comfy as fuck
>Fuck crypto
??
I think you mean fuck your self for being a dumbass
I posted yesterday about the $100k loan I took out last year >
Back
I am $80k in debt due to buying crypto. Have paid a total of about $220k fiat, including those loans.
My portfolio's currently value is a little over $100k and that's roughly 90% LINK.
There was a time when my link stack was less than half of my total crypto holdings but I had a LOT of JNT.
I'm talking, I spent over $100k on JNT.
You win (lose) this thread. I almost went heavily into JNT but stuck with ETH instead.
Poor fag here managed to get a 25k loan and bought at 17k with all the hype. I really thought it would go to 100k this year. I think I’ll just forget about my credit rating and go straight cash for the rest of my days
your post makes no sense
how have you paid 220k if your loan was 80k?
I spent $80k from a loan plus $140k of money I got from working.
80 + 140 = 220
Good. goal to clear 9 figures.
Took a €15k loan to go all in on link. Got in at 27c in the summer.
>someone elses money
not gonna make it goy
the way it works you get nobodys money and buy someone elses btc with it.
Bump
I took a 20k loan and went all in @6400
of course I have the possibility to pay it so i dont care and I'm DCAing until october 2019 with another one
Ur fucked m8
he'll be ok
if you think about it OP. now would be the best time to take out personal loans to buy crypto b/c if fed increases interest rates more it'll cost more to borrow. you can borrow 25k with only 150 dollar monthly payments.
inheritcuck here, I'm playing with less than 10% of my net worth..
Nice normalfag image macro, faggot. How's plebbit doing? Did you see the new Avengers movie? Boy, I sure do love soiperhero movies. When are you going to KYS? Soon, I hope. Sage.
I did it when Bitcoin was $500. 50k at 3.5% in 2015.
Bought eth early 2017 with my student loan and still haven’t paid it because interest is so low.
got dayum son you must be rich
Is bitcoin the new housing bubble ;0
I took a $7000 loan to buy 2 things
1. 2000 LINK tokens because I need my ducks in a row
2. Money Skellys ERCB token because it’s going to give me a shitload of money and even let me pay off my loan in late January
medium.com
And you must be gullible
How hard is it to get a personal loan? I just walk into the bank and ask for it?
>nobody bought BTC before the pump
best bet is online loan sharks
crypto market sites have affiliates sometimes
Not a bad idea. Might pick up some ERCB before the fork.
I deposited ETH into a Maker DAO CDP which allowed me to borrow DAI which I then loaned out on Compound.Finance for a hefty interest rate.
bump
ok bizraelis I need some help. I just got a comfy software engineering job after graduating and I've applied for a 50k loan.
I plan to dca on link, holo, and eth over 2019, while taking profits as seen fit. How do I min/max on this investment and what's the best way to repay? Every month with trading profits or sheckle bucks from wage cucking?
Thanks anons.
You’re a smart man
>12331385
also the banker almost tried to meme me on opening a line of credit. The variable rate threw me off. A fixed unsecured personal loan is the way to go right?