CryptoCurrency : Talk me out of taking a loan out to invest in crypto
I’m about to take a $20K loan out to buy some crypto. This is how much I save in a year so if crypto were to crash to the floor I can pay the personal loan within a year, no problem. Obviously there are opportunity costs associated with that too.
These prices just seem too good to be true. Please talk me out of taking a loan out.
Edit: unsecured, 14% APR. I’d pay off in 1 year.
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