Post
Topic
Board Beginners & Help
Re: do not invest in crypto from loans.
by
mvdheuvel1983
on 18/02/2023, 18:15:57 UTC
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?
Investing in crypto should never originate from loan. Taking a loan to invest in crypto is like taking out a loan for your wedding. You will end up thinking on how to pay back the loan rather than focusing on providing for your family. As a crypto investor you shouldn't think of taking loan you will be thinking on how to pay back rather than strategizing a invest more.
It could lead to depression, anxiety and stress especially as a beginner. I will make you think that crypto is a scam. For these and many more reasons, I totally discourage the taking out a loan to invest in crypto.