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Hi /biz
Poorfag here.
In Poland we have access to free loans. 600$ for at least 30 days up to 45 with APR equal to 0 if paid back on time. its due to new social program called +500 where goverment give people 150$ per months on each kid (if u have more than one and fullfill earning criteria - they just bought election with this crap). there are at least 20 companies giving this first, free loan to any one. was wondering that with good plan and rock solid execusion it is possible to do long term BTC invest based on those lent money (inb4 - yes i will have liquidity to pay back on time - yet if i dont jave to invest my own money i preffer to put on work someone else money to cut the profit in price change) any experience with this kind of idea? any suggestions? my wallet is ine the picture + 0,035 BTC on other market.
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może sie udać jak będziesz grał z głową, jak utopisz to bedziesz musial spacac a oni tam mają z 20% miesięcznych odsetek.
Ja tam wszystkim odradzam branie kredytu na hazard, ale jak widać na przykładzie bitkojna trzeba mieć mega pecha żeby być stratnym na nim
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>>3177877
What if BTC crashes and you lose all your borrowed money? Blitzkrieg in your bank account!
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No tak, solidnosc realizacji jest kluczowa.. dobrze ustawione stop lossy i nie handlowanie ta kasą to podstawa. pare miesiecy temu zrobilem z 0,2 BTC około 1,6 BTC w niecały miesiac przy pomocy dzwigni na bitmarkecie ale przez glupote i troche chujowosc tej gieldy latwo poszlo w sina dal ;) teraz podejscie drugie troche rozsadniejsze. troche altcoinow i nie-hazard ale rozsadek.. czas pokaze. masz jakies blogi ktore warto sledzic?
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>>3178055
that is true yet I want to invest only the amount i can pay back in a given time. have access to additional money (credit card etc. familly) yet as long as possible wanna make it on my own. i also believe that BTC is not going to crash any time soon, at last till the end of approaching last blocks..
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>>3178081
Your decision anon. Just don't forget how volatile this market is and a single government ruling could potentially wipe out all your crypto within minutes.
What I do:
Save up spare money
Invest invest a portion in crypto every month
Write it off as a loss
Gives you peace of mind, which is worth much more to me than any possible missed gains
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>>3178156
but dont u think the maxima "too big to fall" applies here?
cheers
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>>3178190
No.
1 possible (and likely) scenario:
Governemnt: Bitcoin is now classed as currency. All wallets need to be registered with ID, all exchanges fall under banking law, all transactions will be monitored.
Only ID registered wallets are allowed to be accepted at merchants or exchanges.
Or they just declare it fully illegal to use.
Why this wouldn't necessarily destroy the project, everyone and their mum would panic sell and the price would be back at $1 per BTC
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If u apply the polish action-time conditions we are safe till 2020 ;D
thanks for ideas
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>>3177877
only invest what you can afford to lose
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