Post
Topic
Board Trading Discussion
Re: Should I get a loan?
by
Raflesia
on 09/07/2021, 16:55:07 UTC
...
exactly, considering a loan for trading or investing is risky enough.
Moreover, we are new at this concern.
Many people may expect too high and much about getting profits as soon as possible and as much as possible by using more money to tarde or invest. But, many people forget that high profits also require high risks.
we may think about the profits probability that we can gain, however, never forget the money that we may also spend adn lose because of sudden dropped rpices, bearish traps, and also worse with panic sell or panic buy.
'
This is completely risky.
Loans are used only for trading and investment. This is a big risk, it shouldn't be easier, even if it's a big risk. I can't imagine if the market conditions become so bearish.
I'm sure with them doing loans hoping that this will be a higher profit even though this doesn't determine good or even bad results, so vice versa, and those who do this are of course ready with the risks involved, and once he is a professional, the loan is still a become a burden when it cannot recover within the grace period of the loan.

I know there are so many pitfalls in the crypto market with its FUD and others so if this is inside of me of course I can't control it.