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Should you take out a loan for getting Crypto bought?

 Wrong ways to do it ?

  • Take out loans on Credit card with high interest rate
  • Take out a long which you must repay fast without you have enough money yourself
  • Loans which only lasts 6 months

Credit cards if you buy Crypto using this can make you go into like bankrupt state fast for example if you pay like 25% cost on every Crypto payment you make it will make you run out of money fast and get some debt so never do it that way.

Having loan of just 6 months when crypto can go up or down any moment is bad idea for example you pay $1000 for shitcoin which values goes up from like $0.00001 down to $0.000001 means you lost all your money but if it goes up to like say $0.02 you made decent profit from it all but never invest if you have no way to pay it back as a always.
Shows Cash notes and gold showing up in the image



Right ways to do it 

Have a loan you can pay back with a low interest rate of like 5%  at most and you make sure you can pay it back without any issues overall such as if your wage per month was like $2000 and you paid back every month like $200 that would be manageable for a lot of people and would also mean if you had no pay for like 1 to 2 months you can handle it with saving or other things you could sell 

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