Post
Topic
Board Beginners & Help
Re: do not invest in crypto from loans.
by
Fiatless
on 15/02/2023, 17:07:17 UTC
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?
The crypto industry is one of the riskiest businesses in the world. Taking a loan to invest in the industry is a very bad idea. There are possibilities that the price of the coin might drop and you might lose the entire investment. It is better to invest only what you can lose because you might end up in the police cell if you borrow to invest.