Post
Topic
Board Speculation
Re: get a loan and reinvest it
by
Furious 7
on 03/05/2021, 16:44:35 UTC
Borrowing money in order to invest is an advanced maneuver that should only be performed by expert traders, the reason for this is that you are taking an additional risk and as such it should only be done when all the factors align themselves and tell you that you have a very high chance of making money with such trade, if you do something like this when you are still a newbie thinking you can multiply your profits this way then you will lose all your capital in a heartbeat.
More beginners avoid in this case the experience is not broad enough if you only rely on loans just to invest and multiply it, I know the experts have become consistent in making this decision so they are full of risks they will face, therefore loans are something that often does a lot and this is usually in a pinch when there is no reserve fund.
Better with a reserve fund, it will be safer and you don't have to think about paying the loan when you don't recover the capital.