Re:Bitcoin Fall Extends to 25% as Fears of Crackdown Linger
by Leader2light on Tuesday January 16, 2018 @06:17PM
(#16163795)
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
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Re:Bitcoin Fall Extends to 25% as Fears of Crackdown Linger
by tomjakubowski on Tuesday January 16, 2018 @06:28PM
(#16163903)
honest question: do you believe there's a price point where it's /not/ stupid to go into debt to invest in cryptocurrencies?
Re:Bitcoin Fall Extends to 25% as Fears of Crackdown Linger
by ggm on Tuesday January 16, 2018 @06:33PM
(#16163935)
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.