Post
Topic
Board Economics
Re: This why wall street are rich and you are poor
by
Congyang
on 01/02/2022, 16:04:35 UTC
Having debts is always a wise idea if you have smart plans for it, but its never really that important especially if you can start a business even with a minimum capital. And i think investing in crypto will never really need a huge capital, that you have to go on financing companies and lets you pay the additional interest. You can expand your investment and create bigger profits if you are already making good returns from your initial investment. Because not all debtors are capable to generate profits.
having debt for some people is indeed quite wise but only for some people who are really good at circulating their money but sometimes many people do the same thing but what happens is the opposite and even only gets worse so they can't get out of debt they.
As for investing using money that can be said to be quite hot because the results from borrowing are actually too risky, not only for beginners but also for those who are advanced, the risk will still be very large.
they need to think of various ways here because the market won't always be supportive in this case because they won't always be green.
I think we also have to be wise in self-control to be in debt in this case