Post
Topic
Board Altcoin Discussion
Re: Should you take loan(s) to invest in crypto?
by
Darktongue
on 26/09/2021, 19:31:24 UTC
I won't and Honestly speaking even I will not advise anyone to take a loan to invest in the crypto market because it's highly volatile even your investment can be reduced to half in just one day. So one should invest only when one has extra funds for the investment on the contrary one can earn huge profit also but we all know it's a highly volatile market and one should always calculate the risk before investing.
I also won't support taking loans, only a few months ago, but now we should take this opportunity. Top altcoins have been very low volatile since the last 4 months. Actually, market prediction isn't very easy, but we can easily assume this time. There is always an opportunity to invest in the cryptocurrency with our extra funds. Now you can take loan opportunities if your religion supports you.