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08-14 18:52 - 'Do I spent my unused student loans to invest into bitcoins?' (self.Bitcoin) by /u/Nelvalhil removed from /r/Bitcoin within 1-11min

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Hi there,

I am new to r/bitcoin but not to cryptocurrencies. I've been thinking of investing into BTC (small amounts) 3 times over 6 years now. I never did it.

I now recently bought in , with all the savings I had (which is not much as I am currently studying), altcoins. That has been steady.

So I now start my second year at uni, and I currently don't loan any money besides the couple of hundred bucks to pay for uni itself. Since I still live with my parents (uni is close, traveling to there is free for students) and I have a small time job on the side I can invest each month into some crypto. I'm currently doing 50/50 BTC/LTC.

I now was thinking if I should pull out that loan (~1k/month) and start netting everything into BTC/LTC with the same 50/50 ratio. The loan is practically without interest. And first payment back doesn't have to be made until 2 years after I finish my study (masters degree in applied mathematics)

I was thinking to myself the idea isn't half bad. But I was wondering what it would sound like to someone who isn't involved. So I'd like to hear your opinions, please

Thanks for reading and all comments!

'''

Do I spent my unused student loans to invest into bitcoins?

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Author: u/Nelvalhil

Posted Aug 14, 2017, 6:52 PM UTC

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