He didn't take out a loan 6 months ago to chase crypto!

grats to all ya'll who have the balls to take out loans. I never would do that, but luckily I bought in back when BTC was only 1000.

Man, I wish I'd had 40k to invest in the China dip. That would have gotten me 13 BTC. 4.5x minimum even if I hadn't chased any altcoins.

Maxing out 3 different credit cards on coinbase to buy over 100 eth when it was under $50 turned out to be the best decision I've ever made

I don't want to sound like plebbit but I think you should pay the back the loan now and play with house money.

I don't like the whole plebbit 'Don't risk more than you willing to lose' meme but being in debt to kikes? Fuck that.

Maybe just because I have awesome credit and a stable job, but they never asked me what the loan was for (went through SoFi). I was really relieved. I admittedly lost some sleep when I applied thinking they were going to grill me, and I had a bullshit story concocted about wanting to start a side business flipping collectibles (technically true!).

Instead they gave me one phone call to confirm my name and address which lasted 30 seconds. Then the funds dropped into my account the next day. Incredibly easy.

>I know it's a brainlet move to actually do this
And this is why you will always be poor

fuck that makes me so angry about my life choices thus far. absolutely wrecked my credit from student loan debt. fell for the meme and now can't simply take out a loan, 3x it, pay it back and be set.

I did that user, the loan's paid back in full. I made 80k pure profit in one month, that's 1.5 years' salary for me.

Fucking amature. I bought some Verge months ago for 900 dollars. Sold at 28 cents and cashed 60K.

Put 20K aside to live from this year and reinvested 40K. Allready up to 55K again lol.

I also did SoFi and was surprised how incredibly easy it was. I got instantly approved for a loan for approximately my annual salary with no collateral. They didn't even ask a single question like this user said.

Smart man.

Lambos in your future son. Plebbit doesn't seem to understand that you have to take high risk to make it.

>Taking loans to invest

No matter how sweet and surefire the thing is, I'll fucking never do that.

>takes out loan to buy ripple
How gay are you?

this is advanced pajeeting.

do not, EVER, invest in cryptos more than you can handle.you dont have to make it into lamboland, know how to work with what you already have.

>take loan from banks
>buy their coin with said loan
>sell it back to them for profit

jewing the jews its so simple

You sound like a happy man who leads a fulfilling life surrounded by supportive people.

It wasn't a random irrational thing. The worst case scenario was that my money goes poof and I spend 3 extra years paying the loan back instead of saving for retirement. So, 3 more years of wage slavery. The best case scenario is that I 10-100x my money within a year and get to shave 3 DECADES of wage slavery off my life.

So, 3 years of more work vs 30 years less work. That was an acceptable risk to me. And it paid off in a big way.

fucking lol

Retard

Have made 10k since summer and I see the writing on the wall. Applied last week for a modest loan (5k) and it’s coming thru this week I hope. The idea is to take my 10k and this extra 5k and 10x this year. Then 10x in 2019 and make it. You have to have the balls to risk losing it. Good job user.

famous last words of our Lord and Savior Jesus Christ

This is why you won't truly make it. At some point great people take incredible risk and put everything on the line for a dream.

I maxed out my credit card now and put every single dollar I had into this. Now I have 10k cash and 25k invested.

This. Go big or go home. I can't stand being a wage cuck and I haven't even been working for a year. I don't know how you all do it.

They legit asked you NO questions? That is the big thing holding me back. I have no prob going into debt but I would lose all my spaghetti if they called and asked what the loan was for. I'm shit at lying and no reputable bank would lend money to someone if they knew it was going to be used to buy cryptokitties and DOGE.

If it doesn't work you can always kill yourself

How to get a loan as a 20 year old neet?

How about me who saves up money by not eating every second day, not buying pretty much anything like cloth and games, not driving to uni by car and pretty much living only for crypto?

People like you think to themself they are smart but I already have over 500k from starting with 19k that I saved up after 6 months. I feel like I've got the Eye of the tiger right now because I'm hungry as fuck.

You will never surpass me, because you never had to suffer as much as I had.

Good luck faggot.

saltlending.com

Haha. So many scared cucks here. OP did a smart move.

They called me and asked for:
1. name
2. birthday
3. address
The next day I had 50k in my bank account

Literally zero questions about the purpose of the loan. I don't know if that's policy for everyone or just for people with amazing credit (835 FICO). Again, just ONE phone call where they verified I am who I am (address, DOB, SSN). And then the money was there the next day. About a week total from application to funds available.

>he got in 6 months ago
I put $20 in 4 years ago and have made more than you.

user, I'm happy for you. I hope you make it in a big way and can eat kobe sliders and caviar every day for the rest of your life.

...

Time those sells for gains, avoid the angry doge.

If you come out at the end of the trade with USD, XRP or XLM, you've been jewed

kinda want to sell my 981 cayman gts and take that ~75k or so and put it in immediately but meh

Do it user...January is going to be huge for crypto.

ya but i want my car back though when i make the money back...

what other options do I have? just a normie loan?

Idiot OP you are a gambling faggot, and that's it.
You have no idea where this market is going , we can wake up with 20% loss on all our coins one day. Followed by more losses, BTC has gone to shit. ETH could go to shit, transfering coins to those two to cash out would mean SHIT returns. This is all possible

TLDR : OP is happy he got lucky but he is a dumb gambler and will get bitten one day-

At least you got some nice digits

It was a calculated risk and the gains were not guaranteed. I had envisioned the worst possible outcome and was at peace with that outcome if it occurred. How is that dumb?

If doing this is dumb, then taking out a loan for any business-related reason is dumb. What if I'd taken out 40k to start a small business? There are external factors beyond my control that could easily tank my business no matter what precautions I take. Maybe I start a restaurant and then another huge recession hits, and nobody has spare money to eat out anymore. It's just as much of a gamble.

Better to never take risks and cuck it out for another 40 years at the ol' 9-5, right?