I took out a $15000 loan a a 4% interest rate over 7 years. I'm planning to buy: 8k worth of LINK, 3k of ETH...

Yes.

kek, bitter saltfags detected.

Most advice on here is "gatekeeping", OP. It's when people give intentionally bad advice so as to prevent others from succeeding.

A loan at 4% to go into investing is a FUCKING AMAZING DEAL, what kind of retard won't make more than 4%pa on crypto, over a few years?

It's literally free money.

> NOOOOOOOOOOOOOOO you can't just raise starting capital at a very reasonable interest rate in order to get a huge head start on pajeets like me who have to work for 50 years to afford the fees for one coinbase transaction noooooooooooooooo

You only mistakes, OP, are buying those shitcoins. And not getting a bigger loan.

No but how did you qualify for this loan? It's hard to get loans right now especially in the US

This is a very bad idea

How is it retarded lol. Its only 15k not like he will be paying it off until hes in a wheelchair. Also 4% is a steal if it's a fixed interest rate considering how much inflation is about to occur the next few years

enjoy debt slavery

Nah that's a good interest rate and even just buying bitcoin would easily pay back the loan tens of times over.

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>$15k
>debt slavery
spotted the pajeet

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>He's scared of leverage
>literally leaving potential capital on the table
Ngmi

>Not going all in on link
You probably won't make it to our mars colony, but you'll probably be able to afford your own mutt children.

>Am I retarded

Probably but I'm pretty sure youre gonna make it. I would probably buy BTC instead of link tho to take a little bit of risk off

it's fine, worst case you'll lose everything and need to pay back 20 grand over the course of 7 years.

Make sure you read what happens when you DONT pay back the money in time though. If you're a burger you might get charged 50% interest per month

I took out a loan for a house and payed it off by take out 3 loans for crypto. Because you can't take loan to pay for a loan I take out crypto loans and put money on into link/bitcoin/eth. I then ponzi money into the the house and other loans. I've already payed off two loans and will own the house to in January. My credit score is above 850, and I'm gonna keep doing this for multi houses.

Answer me nigger, where did you get the loan?

You should just buy 80% bitcoin and 20% ethereum. How can you watch billionaires taking their bitcoin positions and countries like venezuela and iran taking baby steps towards a bitcoin standard and not make it your primary holding? Bitcoin is literally the heartbeat of this industry, how many 4 year cycles need to play out before you realize that?

Hey user, I've only been an user for 6 months. Can you help a non burger out and tell me where the fuck a burger lives?

IBM in Australia

this is a good point, maybe fuck the Kleros off and put it into BTC?

Yes, and buy yourself a cold card for long term storage of your bitcoin and pair it with a full node you control. With 15k you honestly should just buy a full bitcoin and hodl, but if you must buy shitcoins keep them on exchanges so you aren't scrambling to sell during the bull run but never sell the bitcoin. Start listening to tales from the crypt and stephan livera podcast and slowly start working your way toward bitcoin maximalism

what is your credit score and age?

25, no score live in aus.

all in RSR faggot

You're going to make it

this. whats your monthly payment on the loan like 200 bucks a month?
you have a good paying career already lined up right? just drive a 10 year corolla instead of a leased benz. when all goes down the shitter. high risk potential high reward

i make $600 a fortnight with neetbux living with my mummy