This is a BIG NO NO!
I was in this space when BTC was $25 and I saw the price skyrocketing.
So I started to spend all my cash on BTC and my credit cards with low interest were used for my daily living expenses. It was great for awhile I was able to accumulate over 500 BTC.
I got greedy and thought I was so smart. I didnt want my coins to just sit on the sidelines I wanted to grow them so I started to invest in mining and other ventures.
Long story short I lost over 500 BTC from hacks and then the price dropped substantially. Mining was no longer economically feasible the coins I had left were not keeping up with my interest rates. I had to sell hardware at a lost and sell the majority of my precious coins to pay off debt.
Luckily, I was able to hold onto a measly $2000 worth of different coins. I did not give up and stayed in the game. With the most recent run-up Im now at a break even for all of the $USD I initially invested.
To reiterate do not borrow. It's too stressful.
Good luck all!
Resteeming
Wow, one more story that makes me cringe. I hope you make it back to the 500 BTC.
I seriously doubt I will ever get 500 BTC back unless there is a HUGE correction. Right now I just be happy with getting back some of the USD.
Thanks!
@Hilarski I know what you mean.. :D It's a crazy story hey
That is the craziest story I have heard in a long time @SneakGeekz.. I'm sorry you had to go through that :O Seriously hectic! But well done for having balls, and keeping on husteling!!
Beast mode bro beans. Honestly respect you more now. I mean, from talking on Insta, I learnt quite a lot from you, but nothing is ever as powerful as the RARA (success story)! You sound like my kind of personality. Glad we were able to connect 💪🏻🙌🏻
And brilliant videos. I have seen them both at least 5 times each :D Love this shit man!
And brilliant videos. I have seen them both at least 5 times each :D Love this shit man!
And brilliant videos. I have seen them both at least 5 times each :D Love this shit man!
Thank you for your kind words. Its always appreciated.