Quote from: xSkylarx on January 25, 2022, 07:53:13 AM

Quote from: Gorosden on January 25, 2022, 06:52:35 AM

This is a very bad advice, I still don't understand why humans keeps fate aside and goes on with what people tell them to do, debt isn't for everybody, just because something works your way doesn't mean it will work for others, it can land them into deep trouble, you use debt doesn't mean I should

You still have a valid point, but how do you achieve success if you are not willing to take risks? I understand that if something works for someone else, it does not necessarily mean that it will work for you, but why not give it a shot and see if it is successful on your end rather than taking a chance? Regardless of the risk involved, businessmen and investors are willing to take a chance on their ideas because, if they are successful, they will reap substantial financial rewards from their efforts. The disadvantage is that you will be in debt if your venture is unsuccessful.

I agree on you that its better to try than not trying at all but I also agree on the guy above, it is not fun to stuck in debt. I think this is where the mistake of the op where he recommends everyone to take a loan in the bank, he sounds very greedy of earning huge money.

Why take a loan when when we already have a money to invest with? and even if we do not have the money right now, I still wont recommend loaning in a bank just to invest on something because investing is risky even though we are talking about metaverse. I prefer the basic way, working to have a money and invest that money, if metaverse is the future, your small money that you invested can turn huge .