Post
Topic
Board Beginners & Help
Re: do not invest in crypto from loans.
by
ajiz138
on 20/02/2023, 12:53:43 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.
We already know some of the advice that is so embedded in their words with borrowed money for bitcoin investment actually it's not the right way I can imagine how this happened and of course, the price of bitcoin is easy to go up and down and not so fast to go up to return profits because all of that is not does anyone know then it's better to have cold money to bet on bitcoin it won't be a problem next but we just have to be patiently waiting for the bitcoin price to be really high again.

The risk level of the loan is high and we have to understand that monthly installments have to be added plus interest. Of course, it's true that you said you have to have spare money to cover all monthly payments, but I'm not too brave to take this risk because I don't want to be a burden or there will be big problems later, especially if there is no good financial management.