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RE: Buying Bitcoin With Borrowed Money

in #bitcoin7 years ago

I remember hearing that people took out mortgages to buy bitcoin, and this was, as you said, when it was about 17k. I feel bad for them, but I also am at a loss to understand why someone would go to such extremes to invest in something which at the time and still isn't 100% going to stick around for the long-term!

I followed you since from reading this post I believe you have a very common sense view on the matter :).

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thanks for sharing your thoughts but btc is going to stick around for a long time at least i believe so but
i will never but all of my eggs in one basket taking out mortgages to buy btc that is not something you should do