would you open a loan to buy the dip? and when it dips again you would open up another loan to buy the dip. and lets say repeat the process. probably no one is doing this. because being in debt is a bad thing. just depends on far u would invest into bitcoin or even crypto currency. sad it has to dip in the first place.
Very interesting question, I would do of course because I believe soon we will rise.
I'm thinking of lending money using my house as a collateral, it's gonna be a huge risk but I'm sure that in case I'm successful, I will reap a good reward.
Loans like mine are long term long, not that I'm desperate but I can still afford to pay the amortization since i have a decent job, I need to risk to crypto hoping that I can retire early, it's good to go full time here as you can be your own boss and you control your time.
That's really a big risk to take, if you succeed to that and the value will jumped high again and bring another high that particular lends will be turned into a big investment success, will be able to pay the house in full and be able to buy something more, we don't know what future ahead of us will bring us but
having trust like this will make something big after.
Though I'm not a type of person like that and I hate lending money, maybe investing what I have from my savings will also bring something good to me after bounce back happen and crypto start to shine again.
