Warning strictly for Newbies!!!
Do not ever try or think about getting loan or borrowing money to trade altcoins or invest, the damage will be so disastrous, many did this mistake in 2017 when all crypto coins are booming but I can tell you that until today they are still in heavy debt, losing your hard-earned money is better than losing loan money, imagine the frustrations
Crypto investment is a high risk investment plan and they only way to get by is investing only what you can afford to lose... take my advise and let it sink in your head.
Do not ever try or think about getting loan or borrowing money to trade altcoins or invest, the damage will be so disastrous, many did this mistake in 2017 when all crypto coins are booming but I can tell you that until today they are still in heavy debt, losing your hard-earned money is better than losing loan money, imagine the frustrations
Crypto investment is a high risk investment plan and they only way to get by is investing only what you can afford to lose... take my advise and let it sink in your head.
That is true, taking loan to invest in crypto is totally a bad idea no matter how good, attractive and unique the project is, investing what you can afford to lose is the best way to get started or get involved with crypto investing. Most times I see people hyping a particular project but taking a closer look at the project, you will realise it have nothing to offer, now just imagine someone taking loan to invest in such crap project, who will be blamed at the end? The person who invested.
Although this attribute or act can be found most especially within newbies I also think the advice should extend to everyone.