Man Borrows $325,000 to Buy Bitcoin - Investment or Gambling

Not all of us grew up in the era of plentiful or came from rich households. I have no choice but to be cautious investing since I grew up with little to nothing.

>>3047862

Nice. So we'll see 5k?

There's another article of someone doing this a few years ago.

>>3047921
where

>>3047890
This.

And finance 101 if u cant make enough off your investment to cover payments, taxes, and fees then youre a cuck

I'm a neet, bank won't even lend me a $5000 loan

>>3047862
Sounds like he might have read "Rich Dad Poor Dad". A fool and his money are soon departed.

>>3049074
lol I'm a neet too but my bank constantly tries to sell me a 12k € loan at 14% interest. They don't know about my crypto gains, so to them I'm just a broke ass loser with a measly monthly income of about 500€. How the hell do they expect me being able to pay it back, if I where retarded enough to take it?

>>3050179

idea: borrow money (and max out credit cards) to get as much BTC as possible. Buy good alts. Don't pay it back, leave the country and move to some country that doesn't give a shit and just wants to see that you can afford to live there. Make sure you renounce your citizenship before they try to claim the money back. You're now a millionaire in a country where you don't owe taxes on crypto.

>>3050243
I'm too lazy and not desperate enough to flee to Assoftheworldistan. At least for now.

>>3047862
>rich as fuck right now
Only $780k

>>3047862
Well, if it just went down to $100 for 1 BTC, I'd actually buy.
At these prices is just feeding the criminal organizations and BTC hoarders that control the large stashes.

I'm happy for those anons that turned the early $cents BTC into $millions gains, but this whole shit is too inflated even for a fractional investment for me. Shame.
Getting rich while making the mobs getting richer.

>>3050486
You clearly have no idea about anything. This isnt about value to fiat.