What will you tell the bank when they ask what the loan is for?
Hunter Rodriguez
Nice larp. As if you'll have the balls to keep your positions. That's why there's actually very few bitcoin millionaires. Anyone involved sold for a loss or a quick win, and then sold for losses later. The more you trade the more you risk being forced to pay 25k debt to nothing. So you better stick to your guns otherwise you're gonna fuck your only chance up. Otherwise you'll apply to wal mart by the time you're 68
Juan Howard
that portfolio will be worth 20-25k by 2020
Bentley Brown
Just burn the money and be done with it
Landon Bailey
Yes this is an excellent strategy.
However I would highly suggest you dump BAT for PRL, or one of the other coins in your list. BAT is shit.
Lower the amount of RLC as well, that project never goes anywhere (look how it PnD'd today)
Austin Cooper
You won't get a loan to do something so stupid unless it's from the mafia
Owen Rivera
Why would I trade? One of these bad boys is bound to make 25k minimum (fun) and I can afford to manage this much debt fine. Or I could go out and buy a brand new automobile and pay on it for 5 years instead lol 25k leverage isn’t the end of the world when you have no debt and a good salary Here in the us you can get a personal loan off credit karma and they deposit it straight to your bank acccount, you don’t have to say what it’s for , it’s a personal loan I got 25k without talking to a human.
Why would you trade? Because when you hit +$5000 on one position you will think you're a trading god. You'll continue to trade and trade and trade trying to position yourself to reach that $5k high again. Before you know it, you're putting your entire $40k portfolio on a single shitcoin that Jow Forums says is "on sale" or "dipping". That's why you will lose. Your only chance is buying, cold storage, and moving on with your life. If you come to Biz, just know you're risking your entire plan. You're gonna get cocky and gamble it all away like most.
Isaiah Powell
Reading comrephenision brainlet, I don’t plan on trading. I would monitor until 2020 and take what I deem the best course of action. If I reached a good exit position on something (50c-$1) on fun before 2020 I would sell it, pay down the loan and pocket the rest, not reinvest it or trade
Tell them it’s for a used car and they’ll never check to see if you bought one
Julian White
>used car >25k
Asher Carter
What part of you don’t have to say what it’s for don’t you guys understand? I literally just gave them my routing number, bank account number, signed an agreement and they deposited it to my account. No payday loan shit, no fees if I pay it off, fixed personal loan @12% interest
Hunter Moore
>Tfw took out a 50k loan on my house to buy linkies I’m not afraid
Parker Richardson
Also I never even had to speak with anyone on the phone. Not the loan company or my bank. I did have to call my bank to spend large chunks though. The automated system saw me put 10k on coinbase and stopped it but I got a text message asking if the suspicious activity was me, texted back yes for confirmation and it went through after I tried again.