Should I taking risk this time?
Recently the whole cryptocurrency market price drop a massive amount, and big boys said it is huge huge opportunity for everyone to buy at this time.
I am thinking of borrow more money to invest, but it will be 2% per month interest.
Should I take this risk? Please advice @jerrybanfield
Thank you
@Sterlingvu
Why not invest what you are able to with your own money?
Yeah, that is the point, most of people say invest what you are ready to lose, but I think if it is real opportunity, why not take it?
Read something earlier where jerry thinks steem will be about 10.00 in 10 months. I'm definitely going to invest.
I agree, there is a post jerry said we could earn 2% each 5 days do you remember? so if I put all the money on Steemit, I need only 5 days(about a week) to earn and pay for interest, so I will have another 3 weeks/month income right?
In that scenario it sounds right, but I don't think I saw that post you're talking about so I don't want to steer you wrong. hopefully, jerry can give you an answer
Thank you @iamron I will ask him about it
Wish I knew what was going on, There are some clues but best I dont say.
I bet after 1-8 Segwit the price of all coin will go skyrocket ;)
Good thoughts