Should I take a loan and hold for the halving?

[teminalibug 309]

15 hours ago, cryptosix said:

This could be a good idea, but what about if the price falls down as most predicted the price growth, however you have to cover everything even the price drops.

I guess if i take a load and after the halving bitcoin goes up to 100k i will be rich and never have to look back, but if the price falls i will be arrested and spend sometime in jail, while some of my property seized. If the price goes high a little i will juts be happy with what i got and pay back what I'm owed.

[avatarkiyoshi 270]

On 12/25/2019 at 12:42 PM, 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?

That's too risky, although the last halving history show the price increase, but with the interest you get from the borrower there's no guarantee that Bitcoin you hold will cover it. So do with your own risk, do more research, and do calculate properly.

[kimberly24 692]

As what I've learned so far fro this crypto world, nothing stays with the same value, it's either the value goes up or down but take something that you can afford to loose, hold it and hope for the best.

[Dinesh09798 283]

I don't suggest you take a loan for hold bitcoin. Not sure bitcoin will increase in future. I suggest you to invest minimum $10-$100 per month from your income. You will get profit surely.

[CryptoMaxim 3829]

I wouldn't take a loan for that myself. It is not known 100% how Halving will affect the price. And it's worth taking a chance on your own money.

[guatazoo 7150]

You're a grown up and i can see you have much experience in this fields, all you gotta observe is if you can face the risks ahead, if you can go ahead.

[teminalibug 309]

1 hour ago, avatarkiyoshi said:

That's too risky, although the last halving history show the price increase, but with the interest you get from the borrower there's no guarantee that Bitcoin you hold will cover it. So do with your own risk, do more research, and do calculate properly.

There is a loan with 30% interest per year, so if i take it this year i will have to pay at 2021, do you think that halving bull will not cover this?

[cryptosix 1643]

57 minutes ago, teminalibug said:

I guess if i take a load and after the halving bitcoin goes up to 100k i will be rich and never have to look back, but if the price falls i will be arrested and spend sometime in jail, while some of my property seized. If the price goes high a little i will juts be happy with what i got and pay back what I'm owed.

I don't think Bitcoin will reach $100k as it still have more time to gain atleast $25k in this year. Yeah you have to never look back or work again, but you do something after few days.The whales all the time they try to earn something with new businesses until they are tired or made lose.

How much you bought loan presently as I forgotten the on post what you made.

[avatarkiyoshi 270]

18 minutes ago, teminalibug said:

There is a loan with 30% interest per year, so if i take it this year i will have to pay at 2021, do you think that halving bull will not cover this?

I'm not sure, take a look at this prediction: https://www.coindesk.com/why-bitcoins-next-halving-may-not-pump-the-price-like-last-time

I'm not really optimistic with the next halving will skyrocket, but at least the price will jump to $8000 or above is possible.

[Maxtron73 3269]

It is a risk to take a loan to buy crypto, unless you have a good job or other money aside for emercency in case you don't have money to pay for your monthly loan payments. If you do not have other money and bitcoin remains low how will you pay your loan ?

[Apple 202]

On 12/25/2019 at 12:42 PM, 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?

I guess you have a lot of faith in bitcoin and also a lot of assets lol. If you have free assets to take the risk, go for it. Bitcoin will rise!

[Luciferludz 1442]

10 hours ago, Hanhassie said:

It is very risky, when he invest and the outcome is not good, he will have to start thinking of how to repay the loan

Sure that's why we are recommended to trade with our own money wich we afford to lose more than using the loans money and you don't afford to lose them all

[teminalibug 309]

20 hours ago, Apple said:

I guess you have a lot of faith in bitcoin and also a lot of assets lol. If you have free assets to take the risk, go for it. Bitcoin will rise!

It is not like i accumulated my assets for free, but if the halving is guaranteeing us at least 70% that tjhe price will moon, then i will take that risk.

21 hours ago, cryptosix said:

I don't think Bitcoin will reach $100k as it still have more time to gain atleast $25k in this year. Yeah you have to never look back or work again, but you do something after few days.The whales all the time they try to earn something with new businesses until they are tired or made lose.

How much you bought loan presently as I forgotten the on post what you made.

I have not taken a loan alreday i was asking you guys if I should, juts collecting different opinions.

[cryptosix 1643]

38 minutes ago, teminalibug said:

It is not like i accumulated my assets for free, but if the halving is guaranteeing us at least 70% that tjhe price will moon, then i will take that risk.

I have not taken a loan alreday i was asking you guys if I should, juts collecting different opinions.

If you have some additional income like from Job or something that comes monthly, then apply it. For working online I wont recommend to apply a loan since it goes harder to pay when comes for interest or repayment. I took in the past a loan and am unable to pay money from online resources. In the end I sold my plot and repaid the loan amount.

[Apple 202]

45 minutes ago, teminalibug said:

It is not like i accumulated my assets for free, but if the halving is guaranteeing us at least 70% that tjhe price will moon, then i will take that risk.

What I mean is free from your main needs pal. Yes, it is an assurance and I see it more than 70%. So are you buying already?

[Upright 2688]

On 12/25/2019 at 6:42 AM, 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?

It just depends on you. But waiting for the halving is not that all smart to go with it.

But I know a guy to help with crypto loans, if needed

Why not take the loan and further invest and have more profit to repay the loan back

[Dinesh09798 283]

There is not sure bitcoin will increase surely. Bitcoin price will go up and down doesn't know anyone. So i don't suggest you to take a loan for buy bitcoin. This will be problem for you.

[Pegem 109]

On 12/26/2019 at 8:59 PM, teminalibug said:

Al least somebody has a positive thought on my plan, After all it is not like i will be spending the coins on anything else other than holding.

Yes if you will be holding then there is no lose and you can also train that person with crypto so that he do not worry as if he will know about bitcoin then he will be confident about its legibility. 

[teminalibug 309]

15 hours ago, Pegem said:

Yes if you will be holding then there is no lose and you can also train that person with crypto so that he do not worry as if he will know about bitcoin then he will be confident about its legibility. 

Okay you supported my idea, but you did not comment anything abut the risk, what do you thing about the risk how much is this idea worthy the risk.

[Syed Rehan 231]

On 12/25/2019 at 12:36 PM, Afrizal rahman said:

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.

This is true that the bull run is very near. But hold crypto coins from your assets . Don't take any loan . Because you have to pay the charges and the interest on your loan. And if the bull run does not comes then how you return the loan to the company

[teminalibug 309]

17 hours ago, Upright said:

It just depends on you. But waiting for the halving is not that all smart to go with it.

But I know a guy to help with crypto loans, if needed

Why not take the loan and further invest and have more profit to repay the loan back

Huh! actually i was not thinking if a crypto loan before, hit me up with these crypto loans platforms.

[Sumayya 493]

On 1/3/2020 at 1:16 PM, ZedX said:

You don't just take a loan and risk losing it mostly just based on some speculation that bitcoin just might goes up for the halving, market makers even can dump bitcoin just before or even after halving if they want to.

That is not a good decision for the main actually, bitcoin can't be predicted and can make him lose more

[Sohel Rana Sazzad 453]

I do not agree with you that if you hold Bitcoin through a loan, after halving the value of Bitcoin does not increase, then there will be a lot of losses.

[sazzad925379 128]

If you hold Bitcoin through a loan in the hope that the value of bitcoin will increase after halving, but if the price does not rise, then you will suffer a great loss so I think it is not right to do so.

[DidaNahrisya 165]

Nah, its very risky and not a good idea to increase your asset. You better earn extra money with doing a part time work if want to buy more bitcoin before halving