Quote from: suzanne5223 on Today at 08:21:36 PM

Quote from: LogitechMouse on Today at 04:26:41 PM

Quote from: Voxo2222 on December 12, 2021, 07:44:17 PM

~

Just do it for yourself and don't fool other people especially the newbie investors with what you are saying.
Getting a loan just to invest is very risky. Maybe it is good if you risked and took a loan after the big crash in March 2020 at the start of the pandemic but right now? I don't think it will give you profits if you loan to invest into crypto. It will only give you headache.

As for me and for most here, I think its not advisable to get a loan just to invest in crypto knowing that it is a volatile market and your initial capital might loss in just a couple of weeks. On the other hand though, there is no rules saying that you should not do it. Its just that its very risky.

I agreed with what you said and even if we're not dealing with a volatile market it's never advisable to get a loan just to invest in crypto this is the habit some people called greedily. However, the market is currently in the middle of to direction right now, it could take the bull momentum or repeat the previous scenario that happened in the year 2018.

I hope the newbies won't see what she said as a piece of investment advice.

Overall aspect then taking a loan is never been recommended! We should really make ourselves get freed with this kind of shackles on where you do have pending loans or debts which you would need to pay up and its better to have a debt-free live so that you wont really get stressed out.

If you do see some opportunity but you do lack of funds then having this kind of option isnt really that bad as long you do know and be responsible
on paying it back in due time.

Invest and take some loan on your own risk but be prepared on something about this kind of responsibility.