Taking bank loan for bitcoin? Suggestion

Brumby

Well-known member
May 25, 2012
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#19
And was written by someone in sell side finance - who doesn't actually trade.

The whole purpose of documents like this is to encourage people to trade. That's the job of the people that create them.
.... that may be the case but it doesn't make it less useful than any other opinion out there on the subject. The fractals at least put in perspective market structure on this instrument from a particular methodology. It is far better in my view than just having a bullish or bearish view of this instrument.
 

Solas0077

Active member
May 29, 2013
231
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#20
Bitcoin in consolidation phase now. Brokers are liquidating weak traders on margin. It could again rise towards 10K by Christmas time but who knows anything?
 

progix

Active member
Feb 25, 2016
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#22
Bitcoin can be a good option to buy against any loan however those wishes to earn money while trading bitcoin they can also trade it against euro or usd as i have recently noticed that one of my broker hot forex allows bitcoin trading.
 
Apr 4, 2016
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#23
Bitcoin can be a good option to buy against any loan however those wishes to earn money while trading bitcoin they can also trade it against euro or usd as i have recently noticed that one of my broker hot forex allows bitcoin trading.
Gambling is allowed in pakistan ?
 

Kaeso

Active member
Oct 4, 2015
862
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#24
Hi Folks,

Last month value of 1 bitcoin was $3300 and now it is more that $7000
i am considering a bank loan to buy bitcoin. What do you suggest?

Should I go ahead or wait?
YES it was a brilliant idea!! :LOL:

In all pyramid schemes, you need to get into them as soon as possible. $7000 is nowhere near the top. Back in the days, a single tulip bulb was worth more than a house. So $7000 is just loose change.

If you do go ahead, please do a wabu style thread and report on daily performance. The funny thing is. I told wabu to jump into bitcoin but he didn't listen. Now he missed doubling his money or more.
Good call oh, Enlightened One... ;)
 

tokyojoe

Well-known member
May 4, 2011
864
285
73
#25
Hi Folks,

Last month value of 1 bitcoin was $3300 and now it is more that $7000
i am considering a bank loan to buy bitcoin. What do you suggest?

Should I go ahead or wait?
Why wait ? It's a crackin' idea..... I've got a whole bitcoin (alright it's not quite "mined" yet, but digging starts very soon & it's yours for £21k as soon as I clean it up & make it all shiny ! This digging equipment ain't cheap you know !

You won't need a loan, just pay me off weekly, say £100 per week, I won't even charge interest, coz I'm a nice bloke & you sound like you have sound future in finance with a solid plan like taking out a loan to buy such a "non volitile" instrument such as bit-in-ass-coin !

Anyway offer is open to all !

Remember to get in quick ! coz 21 large will seem like a drop in the ocean when my bitcoin goes parabolic........oh wait a minute it already has !!!!

Damn, what will I do with all my bob cats & caterpillar diggers ???

ahhhhhhhh............Tulips..... right I'm on it !!!
 

tokyojoe

Well-known member
May 4, 2011
864
285
73
#30
Did Amanji mortgage the house etc. ?
Be kickin' himself if he didn't.
Pat are you suggesting that we should all literally throw it all on red, sell the house, remortgage etc ?.........hmmmm it's seems a fair shout, I might throw the car in too...... I'll ponder that one !

Anyway good shout mate, I'm seeing the estate agent this afternoon, he reckons the house is worth at least half a bitcoin, & coz he's an estate agent I reckon he's truthful & pretty much bang on the money !

The bl@@dy bank loan though man !!! they're taking waaaaay to long to give me the £600k I need to borrow to buy, I mean mine my next batch of you know whats !


ps......the irony of getting a bank loan to buy a bitcoin.......I tells ya, it's a funny ol game eh !
 
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