Should I take a loan and hold for the halving?

[teminalibug 309]

I was wondering if after the halving, bitcoin could go more than double and some other coins could triple and so, is that guaranteed enough for me to take a load and risk it by juts holding for the bull run after the halving?

[Opinder 1310]

You can take loan to invest in crypto but you should not work on the basis of halving because halving is not an event which will increase bitcoin price automatically. Bitcoin and other coins price depends on its supply and demand. Only coins with low supply and high demand can give you good profit. So do study on the coins and find which will be better. Also you should invest for long time not just upto halving.

[PiroSense 2681]

1 hour ago, teminalibug said:

is that guaranteed enough for me to take a load

One rule I have been following in investing funds is that only invest/risk funds that are extra, and not take the risk of loaning, because with Bitcoin's volatility, combined with your colateral on the line, poses more risks that I'm not up to.

[johant123 1559]

Do not invest money that you don't have, or amounts that you cannot afford! Bitcoin is way too volatile, and you could easily lose a large part of your main sum.

 

Just my opinion, of course.

[Afrizal rahman 2636]

I think in 2020 there will be Halving or a half reduction and only a slight increase. Only after that happens will 2021 Bullrun occur because the increase usually occurs in odd years. I think you have to be patient to hold it.

[Soaib khan 1035]

you don't take loan for crypto in crypto currencies profit not confirmed if you have some extra money then invest otherwise don't invest

[teminalibug 309]

Just now, Soaib khan said:

you don't take loan for crypto in crypto currencies profit not confirmed if you have some extra money then invest otherwise don't invest

I take your advice seriously, but i need to ask you one thing, do you believe that after the halving the price of bitcoin will pump? in what percent you believe in this

[Roomi 1119]

Yes i agreed you can take the loan or can invest some but its better to use and exchange to store funds with a stop loss that there should not be a loss as it would be a loan already so the risk is high

[Fatihgani12 348]

I think with the issuance of half the supply price demand in the market is increasing so take the risk to hold it. Good luck.

[Satya31 865]

2 hours ago, teminalibug said:

I was wondering if after the halving, bitcoin could go more than double and some other coins could triple and so, is that guaranteed enough for me to take a load and risk it by juts holding for the bull run after the halving?

If you take loan then there must be some assurance that you can pay the loan by that. I don't think that any bank give loan for crypto investment. If you take a loan in terms of any other thing then it is ok. But to put something in risk for the crypto field is not right in my opinion. Because any time anything can happen. So i suggest invest that much which you have and you can afford. 

[Soaib khan 1035]

3 minutes ago, teminalibug said:

I take your advice seriously, but i need to ask you one thing, do you believe that after the halving the price of bitcoin will pump? in what percent you believe in this

20% maybe bitcoin go ,more dump nothing fixed in crypto currencies if you have extra money you can invest but again i telling you dont take loan for invest

[teminalibug 309]

7 minutes ago, Soaib khan said:

20% maybe bitcoin go ,more dump nothing fixed in crypto currencies if you have extra money you can invest but again i telling you dont take loan for invest

Okay i get you bro, and I start to fear taking loan for crypto holding, thanks and merry Christmas.

[awaiskhan 175]

i will suggest you that do not take loan because it is also risk in every business likewise crypto also contain risk and if u got lose in it then u will have double of loan so i will say what u have without taken loan so it will be better that what you have do trade with it

[Naga 1250]

as someone who has taken a loan back in 2017 to invest in crypto i think you should ask yourself one question, are you sure you have the trading skills that are good enough to help you pay this amount back?

[Romaan1987 601]

I think taking loan is little bit risky. I have met with an expert who believe in crypto but advice me that i should not take a loan to invest in crypto and also gold type assets should be sold to jump in crypto. spend only extra money which you can afford to loose. 

[nasipadang 399]

2 hours ago, teminalibug said:

I was wondering if after the halving, bitcoin could go more than double and some other coins could triple and so, is that guaranteed enough for me to take a load and risk it by juts holding for the bull run after the halving?

There is nothing wrong to buy a lot before halving. but the risk of borrowing is huge, there is no guarantee that your management can make a profit after halving. moreover we don't know when the hike after halving happens, there is no 100% guarantee for profit so it's better to use your own money.

[Muhammad atif iqbal 569]

In may openion take a loan and hold for halving is not good Idea How to say that bitcoin price will increase on halving You are only investing as much as you can afford because its very risky there is is no Guarantee that you will earn profit buy bitcoin with your own income  and hold for long time 

[Win 1015]

Dont bro.taking aloan just for holding its not good idea for me.you will suffer a lot for sure becouse of the interest in any loan.just buy what you afford to buy and hold it untill the price will pump

[BTC Future 3946]

3 hours ago, teminalibug said:

I was wondering if after the halving, bitcoin could go more than double and some other coins could triple and so, is that guaranteed enough for me to take a load and risk it by juts holding for the bull run after the halving?

Noone can guarantee you profits and people doing so usually have a reason to profit from doing so.

I wouldn't advise you to take a loan and buy crypto as it is a very risky investment.

[harsh 248]

No, never loan for something which does not gurantee returns. Bitcoin is volatile in nature and does not guranttee that its price will increase after the halving. Only invest what you can afford to loose.

[Pegem 109]

4 hours ago, teminalibug said:

I was wondering if after the halving, bitcoin could go more than double and some other coins could triple and so, is that guaranteed enough for me to take a load and risk it by juts holding for the bull run after the halving?

If you have another source to pay that loan then yes you have to take this risk as halving will take longer time to give you a lot of profit. It will be after 4 months. 

[Dinesh09798 283]

I don't suggest you to take the loan for buying bitcoin. It is not sure bitcoin will rise 100% surely. If bitcoin price fall you will have to face many problems. So if you have money invest it with your own risk. don't take loan for buy bitcoin.

[Aereen 456]

There is actually a high probability that the cryptocurrency prices are going to go high once the halving happens, but no one is really sure what might happen after that or what are the probabilities. 

[Pegem 109]

6 minutes ago, Dinesh09798 said:

I don't suggest you to take the loan for buying bitcoin. It is not sure bitcoin will rise 100% surely. If bitcoin price fall you will have to face many problems. So if you have money invest it with your own risk. don't take loan for buy bitcoin.

If we talk about the rise of the price of bitcoin then there is no doubt that it will rise while if the person from who you take loan will also know about bitcoin and will have patient with the price of bitcoin.

[iloveyobit 6599]

I do not recommend this because the risk is very high and the profit is not guaranteed. I think that this time, Bitcoin will be downloaded unusually, according to the opinions of senior analysts.