Should I taking risk this time?

in #cryptocurrency7 years ago

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

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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