Post
Topic
Board Trading Discussion
Re: Trading With Borrowed Funds!!!
by
Mr. Magkaisa
on 11/01/2023, 05:28:38 UTC
Actually it's very risk when you see people who come into gamblling without to take an adequate measure, everyone knows very well that trading is not supposed to involve the aspect venturing into the investment with s borrowed money, so i believe that the involvement of borrow and trade may indirectly lead some people into problem.
In fact, I think a loan can get someone straight into trouble, especially when the borrower and lender have agreed to a repayment contract. So far I'm not interested in any loan, and I hope I'm not doing it for any purpose including trading. Trading should be a way to gain profit and minimize the risk of loss, but if someone feels he is capable and responsible for repaying his loan on time then I never think it's a problem, especially for himself.

    - You're right mate, but if you have enough knowledge about the trading activity here in cryptocurrency and you know yourself that you can grow it, I think that's fine too.

However, if you take a loan without knowing anything about crypto trading, that's the wrong and high percentage that is only at risk for the money you borrow for sure. This is the reason why debt is not good for conducting trading.