RE: Playing The Dangerous Loan Game

avatar

You are viewing a single comment's thread:

I'm just not into the idea of taking on debt except as an absolute emergency. Doing it to try to profit from some sort of arbitrage strikes me as insanely risky... just not gonna go there. I'm sure some people will, though...

=^..^=



0
0
0.000
1 comments
avatar

The fact that we can pocket interest in crypto is because people are taking out debt, I don't see debt as a bad thing if you're spending it on assets. Sure emergencies are also a good idea, but I'm happy to take a loan so I can secure another set of cash flow or to reduce my tax obligation.

In fact, loans can be more profitable than selling your crypto in certain situations, but it really isn't for everyone. You have to do your homework on the options and pick the right one for your situaton

0
0
0.000