Post
Topic
Board Trading Discussion
Re: Trading With Borrowed Funds!!!
by
zaki12
on 03/02/2023, 20:39:30 UTC
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?
In making loans, you must understand your own character, how to manage money. If you make a loan for trading, I think it's the wrong choice, because the certainty of returning the loan cannot be predicted because trading is high risk.

Don't because you see other people profit in trading, your mind becomes blind and immediately looks for sources of funds with loans and without thinking about the risks you have.
maybe we can pay it off if we really get a profit when trading, but if we experience a loss, of course it will be more difficult for us to think about the debt we have to pay off.