Should I take a loan and hold for the halving?

[Brushless4500KV 4214]

41 minutes ago, teminalibug said:

The i will sell my car, i can afford to lose that at least, i wanted to sell it anyway.

I want the loan for holding for the bull run after the halving, not for trading.

Why do you want to take a loan for halving? Even if you make profit, you should pay back the loan with some losses. I would prefer to sell some valuable things that I didn't need anymore instead of relying on loan. By taking a loan, you are doubling your risk rates because huge price increase after halving is not 100% guaranteed and the loan itself is risky because if you don't earn enough, you will have to sell some of your property to pay it back. Don't just think about halving, you should take all aspects into consideration to make a wise decision.

[teminalibug 309]

3 hours ago, Shipon Khan said:

think this is a call web wallet but that doesn't mean it has any great features that you can consider it as safe.  Web wallets are not particularly secure unless you hold the private key.

crazy crypto currency is the best way.

Even if you hold private keys still does not guarantee you that the developer of the wallet does not get your private keys.

[Mom0 222]

Yes you can get a loan and invest it on BTC because Bitcoins price is rising tremendously but you can also invest in ethereum because it has also got almost the same potential just like BTC so you can invest there too

[McCree 713]

11 hours ago, Hasan Nahid said:

as a student may i get crypto loan in order to buy bitcoins? does any good trusted platform providing loans so that i can invest money in trading? but if i take those loan i know i have to pay higher interest. 

There is no such thing as a website that gives you loans without a background check. If you want to get a loan just go to bitcointalk although be prepared to offer a collateral (valuable item you give up if you default) because bitcointalk members don't easily give loans to newbies.

[Nickibae 130]

On 12/25/2019 at 6:56 AM, Opinder said:

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.

Thanks mate I was also thinking of this too am grateful I now know what to do I think I will hold my BTC till it rises

[Nickibae 130]

We can't really say if the halving will make the price to increase I will advise you not to take a loan at all just continue posting here and earn daily

[MohammadMohsin 569]

I think that you should do this. Cause the next bull run is really close and you shouldn't miss this opportunity. 

Edited February 5, 2020 by MohammadMohsin

[teminalibug 309]

8 hours ago, Alex104 said:

I don't think loan is available there but many experience people is must give you better knowledge.

I will take loan from the bank nit from some bitcoin sites that gives loan, anyway i wont take that loan, i'm taking advice from some people here.

[steve197 522]

it will be an good idea

and very profitable one

the bitcoin price is going up right now and it will reach 15k after the halving for sure

so you can buy and sell it afterwards 

[Razan alikac 1899]

You can do that, but this is a very big risk, and a very important rule. don't trade what You cannot afford to lose .I wish you good luck.

[Robot 93]

I think it is really great idea. Because investment is the best way to earn more money

[guatazoo 7150]

12 hours ago, Fi Hridoy said:

Also you should invest for long time not just upto halving.I wouldn't advise you to take a loan and buy crypto as it is a very risky investment.

You just advised me to hold for a long term not just the halving but then you told me to not take a loan, but i do not have any money to invest.

[azhar9 1]

You dont take loan for crypto in crypto currencies profit not confirmed if you have some extra money then invest otherswise dont west.

[hadayt2030 85]

Hi guys I am new here and don't know enough about this platform so please tell me how to get loan in this platform....

[hadayt2030 85]

Hi guys I am new here and don't know enough about this platform so please tell me how to get loan in this platform....

[Mashiur 77]

Yes you can do it. I think it is very great idea . I am also trying to follow this tips. By the way thanks for sharing this important information

[ram007 391]

it depends on how good you are in trading and how confident you are. we cannot assured on price increase because of halving but if your good in trading well you can get loans and get profits from it to pay for your loan while waiting for btc.

[AmjadBydn 0]

Dont invest money that you dont have or amounts that you cannot afford ! One rule I have been following in investing funds is that only invest \ risk funds that are extra 

[Goody28 259]

Dear I can't simply advice you to take a loan now because the market can change it's form at any point in time why not hold for halving I think you will have more profits from it

[AmazingLicense 46]

Never take a loan, NEVER.

Specially for the crypto world that has a HUGE risk built in.

Again, try your best to NEVER take any loan.

[AmjadBydn 0]

I would like to pronhibit to take loan to investing in crypto , My father always keeps saying that business are filled with huge profits and hidden losses too 

[teminalibug 309]

2 hours ago, Hanif14 said:

Half of the events are not events in which the price of Bitcoin will rise automatically.  So good you should wait for prices to fall.

So few days after the halving the price will fall first? anyway are you saying that i should take a loan but make sure to buy at this fall?

[Xsimple 441]

It will depend on your calculation and how much risk you can take, maybe that is possible or you will lose your money so be wise and trade like a pro.

[Epic 289]

I would not suggest you take the risk. Although bitcoin is doing well right now, we know how volatile it is, you might find yourself at a losing end if you take out a loan to invest in btc. I think when investing in btc, only use funds you dont mind losing.

[MysteriousIdentity 150]

On 12/25/2019 at 1:42 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?

This move is pretty risky as loan provider will surely give you an interest around 7-15% per month and there is no 100% guarantee that bitcoin will double or even triple it's price after the halving. 

 

As there is still a chance that bitcoin price will crash after the halving and you will be in bad condition if this will happen. But if you have other solution for it if this kind of scenario will happen then you can take the risk and proceed to your loan plan.