Crazy or not crazy? Guy invests $20,000 bank loan on ETH

in #cryptocurrency7 years ago

Hey All,

DT here with a video that I found trawling through Youtube, what a find, someone has decided to take out a $20,000 bank loan and bought 100 ETH, now by his calculation, it seems that his investment would be a good one.

I personally (although I really like ETH's long term direction) think this is a bad idea, the reason I say this is there is too much uncertainty around whether EOS will really try to deliver a blow to ETH.

I am curious to know what you guys think on this, is it a bit of gamble going all out for this (I know it's all gambling at the end of the day) or would it have been a little more smart splitting this over a certain few coins/tokens, at least make sure you have a backup plan right?

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