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BTC is still above 10K. Think about that for a while. I remember 500 like it was yesterday. This drop is nothing. Except for those poor idiots who took at l

BTC is still above 10K. Think about that for a while. I remember 500 like it was yesterday. This drop is nothing. Except for those poor idiots who took at loans to buy at 19K

tomjakubowski 9y ago
honest question: do you believe there's a price point where it's /not/ stupid to go into debt to invest in cryptocurrencies?
- ggm 9y ago
  how much capacity to service the debt? If you meant "...go into debt you cannot afford" then the answer is always no. If you have sufficient assets and liquidity you can service the debt, then isn't this just normal leverage? The risk equation on any speculative investment includes the risk to go into debt to achieve it.
- seba_dos1 9y ago
  Going into dept to speculate doesn't really seem like the best idea regardless of the price.
  - jjkk0101 9y ago
    It surely does, depending on the interest rate and risk.