Post
Topic
Board Economics
Re: You cannot eat your cake and have it
by
palle11
on 27/09/2018, 13:27:30 UTC
Well, in the bull market, I suggest everyone around me to maximize their investment by borrowing or by taking loan from bank. But it is not a good time to invest in crypto currency now. If you invest now with borrowed money, you will lose more than money. The time will come.

Well, from what I have read and know about business, it is not in bull time that we need to invest because you never know perhaps you will be entering while the bull has already been exhausted. Why don't we look at investing while the market price is still low? And that time is now.

Talking about the borrowing of money to chase a bull market, that can also be wrong. I have read of people who borrowed money to chase last December run thinking the move will continue in 2019 but here you and I are today Roll Eyes

Bull times are not the appropriate time to invest except you are lucky, otherwise, allow it to exhaust itself and fall back to correction.