I heard that there were people who invested in crypto, and ended up buying crypto and their money from loans, but it's a shame they suffered losses because they invested in altcoins, but they lacked knowledge and lessons about crypto. but with this incident it made me think that investing in crypto should not result from loans because,,,
will make the mind uneasy, and always in the shadow of the deposit every month.
Here's where they made the mistake, first they were new and ignorant then secondly they wanted quick gains due to greediness. Loans are that bad but don't go for it when you're still a newbie and yet to familiarize with what is happening in the industry. You know most newbies are yet to understand that the market moves in circle in the sense that we have different market seasons. This noobs think the greens they're seeing in the market will continue forever and this clouds their judgement then in cases when the capital been used are borrowed money then the cause more problems for themselves.
Newbies are also known to chase after the hype not knowing that, in this industry, hypes come and go. Basically as a newbie you should avoid any other source of capital that isn't spare funds that if they get missing you won't be worried because you'll definitely lose money before you can make money in the industry. Invest small so your learning stage won't involve you risking much so it doesn't lead to discouragement.