Thread replies: 10
Thread images: 3
Thread images: 3
File: hackerman.jpg (5KB, 137x137px) Image search:
[Google]
5KB, 137x137px
>Take a loan bank of 130,000$ (100 bitcoins)
>If user doubles it in crypto (within =>1 months) - don't pay 1 interest rate back.
>Pay back the bank
>Free 130k $
>Else if crypto stagnates, user gives back the money.
>Repeat cycle.
>Problem?
>>
literally exactly what i've been doing for the past 6 months lmao
doesn't work every time tho
>>
>>2001993
Tell us how it went, anon.
>>
>>2001989
>crypto drops
>user cant pay interest
>user hangs him self
>>
>>2001989
>Income not enough to cover monthly interest payment.
>crypto takes a dive
>fucked
A lot og things can go very wrong with this. You'd need to KNOW something will moon, not stagnate or dip. I'm not even aware of any exchanges that let you deposit and withdraw this amount (or you'll need the top tier account) let alone fast enough to play the system. There's also the problem of volume. 100 BTC needs to be distributed over a massive amount of coins. Too few and you'll just have trouble selling your bags.
>>
>>2001989
And now for shit that actually happened:
Have a nice account on Poloniex which can support a total of 20k dollars.
Take a bank loan of 10,000$ with a 150$ interest rate a month.
Put 5500$ in Dash when it was 0.023, wait till March 16-17th and sell at 0.112 a pop.
Put 4000$ in Eth at 0.016 and sell at 0.043 on 16th march. (should have waited for the 24th, but sweaty hands)
Pay them back 10,300$ and end up with 27k left.
Put in 27k in Ethereum at 0.040 and sell at 0.55 for 34k.
After that I've been procrastinating on going with Bittrex, but my account's wallet status is too weak there.
I wish I had actually went 100k on Dash and made 500-590k, even if it meant dodging the stop limits/dumps triggers. The volume was raised immensely while it was pumping, I could have gotten away with it.
>>
>>2002071
>things that happened
nice larp faggot
>>
File: danger.png (892KB, 1401x858px) Image search:
[Google]
892KB, 1401x858px
>>2002071
Did something similar with student loan money after I dropped out of college. Probably shouldn't have taken such insane amount of risk.
Would I recommend it?
Absolutely not!
Did I make money?
Absolutely
>>
File: 1440587145333.png (130KB, 394x360px) Image search:
[Google]
130KB, 394x360px
>>2002020
so you're telling me it's a win, win, win type of scenario?
>>
>>2002134
Exactly
Thread posts: 10
Thread images: 3
Thread images: 3