Quote from: Stanlo on Today at 08:43:45 AM

Quote from: Sourhearrt on June 11, 2020, 07:36:47 AM

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 Huh

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.

This warning is life saving for those who don't know, thanks for sharing, newbies can easily do this mistakes and end up in a pretty big bad debt, taking loan to open a business is good and big opportunity but taking loan for crypto is not a good move, risks are huge in crypto space

Precisely. I experienced this kind of mistake way back 2018, which I loan a money to my friend, so I could invest it in a coin. But it only ends up getting myself have a big debt because from that time the market is down and it takes a long time for the coin that I have bought to increase.