Post
Topic
Board Trading Discussion
Re: If we have great ability, is capital from bank loans safe for us to use trade?
by
princerepon
on 27/03/2020, 23:43:22 UTC
I have a friend who has quite great trading skills, almost every trade he manages to make a profit. But I see he always uses capital
under $ 500.If in my opinion he should use a large capital of at least $ 5,000 to get greater profit. I suggest to him to borrow from
the bank as trading capital, but he refused with the reason too risky and insecure. I want the opinion of you members of this forum,
whether to use capital from bank loans unsecured and risky if used trading by traders who have good skills? even though in my opinion
safe as long as we can make a profit and smoothly repay loan installments to the bank.

In my opinion i would not take such a risk like that. Crypto currency is very much sensitive market that i ever mate. So i would not prefer to do that kinda step which are really risky. Many good trader will prefer to do with trade those money which will not affect on your life if you lose it (specially in crypto trade). Just think you take that loan and buy btc/altcoin and suddenly market fall because of global recession like corona (which did) then what would you do..? Sometimes skill don't support us and so my opinion it's better to stay way from that risk.