[Boards: 3 / a / aco / adv / an / asp / b / bant / biz / c / can / cgl / ck / cm / co / cock / d / diy / e / fa / fap / fit / fitlit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mlpol / mo / mtv / mu / n / news / o / out / outsoc / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / spa / t / tg / toy / trash / trv / tv / u / v / vg / vint / vip / vp / vr / w / wg / wsg / wsr / x / y ] [Search | Free Show | Home]

Is taking out a small loan off a few thousand dollars worth it

This is a blue board which means that it's for everybody (Safe For Work content only). If you see any adult content, please report it.

Thread replies: 26
Thread images: 2

File: 1492117753167.jpg (17KB, 640x640px) Image search: [Google]
1492117753167.jpg
17KB, 640x640px
Is taking out a small loan off a few thousand dollars worth it to buy crypto currency?
>>
>>3076062
No dumbass
>>
>>3076062
It is
> take out 2k loan
> buy ark
> ark moons
> pay back loan and drive off to the hills in your lambo
>>
>>3076069
I took out 10k loan to buy neo at $4 each.

sold at $44 each with 80K left to spend on anything i wanted..

Keep larping fag
>>
>>3076062

4k student loan. worth 26k now. seems legit
>>
That's the sort of stupid thing speculators do right before a crash.
If you have a job and can pay for it anyway go for it or whatever, if not don't.
>>
>>3076062
>QT skinny asian c
>pan down
>ugly ass tattoo.

What a waste.
>>
>>3076127
>pan up
>oh its a famous pornstar

>>3076062
I did it and made $80k. I had enough in savings to cover the loan principle though. 6.9% $12k loan. Put it in NEO and BTC. /biz/ told me I was retarded. Maybe I was. Now I have enough money to start my business.
>>
Just buy btc whenever the never flash crash happens.
>>
>>3076062

No. Use your own earned money and only spend what you are willing to lose. If you think you are going to trade a high volatility asset and never lose, you're going to get burned badly. You need to set aside like .25btc worth of fiat and then proceed with caution, and you might as well fuck off out of this forum if you are gullible enough to listen to what people say here. Read other crypto forums, whitepapers, investopedia, etc. If you aren't a voracious reader/note keeper/analyst you will not do well here.

Ultimately it is your decision. Just know you could get burned beyond recognition.
>>
>>3076274
>You need to set aside like .25btc worth of fiat and then proceed with caution

>being poor
>being poor forever
>>
>>3076274
>Use your own earned money and only spend what you are willing to lose
Agreed completely, crypto is just another form of gambling. Would you take out a loan to go to a casino?
>>
File: free market in action.jpg (100KB, 800x531px) Image search: [Google]
free market in action.jpg
100KB, 800x531px
>>
>>3076153
What name so I know what evils to avoid on the internet
>>
>>3076087
god I wish I can do this
My only options are collateral loans from a pawn shop or car title loan

SOMEONE LOAN ME $1k
>>
>>3076362
alina li
>>
>>3076062
If you work, yes it is. People take out credit to buy luxury items all of the time. If you're working, it's totally worth it
>>
>>3076062
Is this a boy
>>
>>3076442
Yes
>>
>>3076323
those are some nice busty women you got there
>>
>>3076062
yes but if you're already familiar with the landscape, have been trading for a while and have enough money to pay off the monthly amount for the loan (in case you have to hold bags)
>>
>>3076062
I mean, what could go wrong?
>>
>>3076062
Only if you don't fuck it up.

If you are in 4chan, you probably will.
>>
>>3076062
No
>>
>>3076062
no, save some and use it to start, if you lose that money you won't get your knees capped.
>>
if you have to ask biz you're probably too stupid to handle the risk
Thread posts: 26
Thread images: 2


[Boards: 3 / a / aco / adv / an / asp / b / bant / biz / c / can / cgl / ck / cm / co / cock / d / diy / e / fa / fap / fit / fitlit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mlpol / mo / mtv / mu / n / news / o / out / outsoc / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / spa / t / tg / toy / trash / trv / tv / u / v / vg / vint / vip / vp / vr / w / wg / wsg / wsr / x / y] [Search | Top | Home]

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/


If you need a post removed click on it's [Report] button and follow the instruction.
DMCA Content Takedown via dmca.com
All images are hosted on imgur.com.
If you like this website please support us by donating with Bitcoins at 16mKtbZiwW52BLkibtCr8jUg2KVUMTxVQ5
All trademarks and copyrights on this page are owned by their respective parties.
Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.
This is a 4chan archive - all of the content originated from that site.
This means that RandomArchive shows their content, archived.
If you need information for a Poster - contact them.