So is it "don't invest what you can't lose"...OR...."don't ever take out a loan to buy Bitcoin"?
A friend took out a loan to buy Bitcoin so of course I berated him. Then he calmly explained how he has been killing it at work and has a big commission bonus coming, so repaying the loan was not an issue. He also doesn't have kids, debt, etc. I gotta say, his point is valid, so kinda don't blame him.
But seems the #1 rule is "don't invest what you can't lose" and #2 rule is "don't EVER take out a loan to buy Bitcoin."
Does he qualify for the exception? Would you do the same?
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