Post
Topic
Board Beginners & Help
Re: Borrowing against your coins a bad or good practice?
by
Techkoy407
on 12/11/2022, 01:27:19 UTC
Hi BTT famz, is it a good idea to borrow against your crypto assets? Is there anyone practising this right now? What are the risks involved in doing this? Is Defi borrow and lending the best way to go because I know some are centralised.
investing with borrowed money, it's not good and more risky, because no one knows whether your investment is successful or not.
because in investing I always stay away from risk as much as possible.
and I also just started investing, I invest little by little, but use my own money, not borrowed results, so I'm calmer when the market goes down and more happy when I get profits.