Post
Topic
Board Beginners & Help
Re: do not invest in crypto from loans.
by
lizarder
on 19/02/2023, 17:00:05 UTC
To be honest I prefer to invest in bitcoin, not in crypto.

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?
If you are not someone who likes to borrow money and will be very different from people who often do it and it is true that investing using borrowed money will bring you to the stage of risk. In addition, fluctuations in the price of bitcoin and the debt repayment period of monthly deposits will lead you to a new stage of trouble, especially when there is no reserve money to cover monthly deposits. It is better to avoid borrowing money to make investments, if you and anyone else don't want to get into trouble, especially for beginners who are new to bitcoin.


Note: Every investment must have a level of risk, this is not only because you take out a loan, but because of fluctuations in the price of bitcoin.