Quote from: Saisher on February 07, 2023, 11:14:54 PM

Quote from: Rx009 on January 28, 2023, 04:46:47 AM

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.

so in my opinion, don't invest from borrowed money because there will be potential losses, what do you think, do you agree with me?

I agree to some extent you can borrow and invest as long as you can pay it and you are investing in coins that have proven their worth in the market, one example of this is, it's a bear market and you trust that the market reached the floor and you have money coming in but it will take weeks or months to receive and there's a possible loss of opportunity, so your only option is to get a loan but be sure not to get a loan from a loan shark.
What's not worth or should be avoided is taking a loan without a guarantee of where to get payment and investing in new coins because of the hype, this is very risky and will result in a loss.

A new investor is highly motivated to invest in crypto. At one point he plans to borrow money to invest due to the hype, which later causes a major disaster for the investor. There are bubbles in crypto that can burst at any time. It is often suggested that an investor invest only as much as he can afford to lose. If you invest with borrowed money, it is good if you make profit, but if you make loss, you have to lose from all sides. Those who have sufficient means of payment are generally the ones who are apt to borrow, otherwise their borrowing money will become a great curse.