Is taking out a small loan off a few thousand dollars worth it to buy crypto currency?

Is taking out a small loan off a few thousand dollars worth it to buy crypto currency?

No dumbass

It is
> take out 2k loan
> buy ark
> ark moons
> pay back loan and drive off to the hills in your lambo

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

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.

>QT skinny asian c
>pan down
>ugly ass tattoo.

What a waste.

>pan up
>oh its a famous pornstar

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. Veeky Forums 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.

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.

>You need to set aside like .25btc worth of fiat and then proceed with caution

>being poor
>being poor forever

>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?

...

What name so I know what evils to avoid on the internet

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

alina li

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

Is this a boy

Yes

those are some nice busty women you got there

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)

I mean, what could go wrong?

Only if you don't fuck it up.

If you are in Veeky Forums, you probably will.

No

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