It is true that some people have become rich through crypto trading in the recent times. But considering the high risk involved in trading, do you think it's proper/wise to trade with borrowed funds as your capital irrespective of your trading experience?
Trading with borrowed funds, irrespective of the trading experience the trader possess is a big mistake on the borrower and the lender alike.
Here in my country, there have been a lot of businesses that sprang up and was centered around crypto and forex trading, the business owners inviting individuals and corporate organizations to invest their money in the trading business for monthly interest..
Right now, all of this business which I knew of have all folded up and close, with several of them even catering away with money belonging to their investors, I'm a victim of one actually.
So in conclusion, trading is good and a good source of income for those who know how to trade, but I personally will never borrow money to trade, and ever again will I ever invest my money on a trader.