Post
Topic
Board Economics
Merits 1 from 1 user
Re: Can I take a loan to invest in bitcoin?
by
bestcoins1
on 11/06/2023, 15:18:58 UTC
⭐ Merited by CageMabok (1)
There are benefits and disadvantages. Leveraging a loan to invest can double your investment risk.
If you are luck and your investment performs well. Then surely you will be over the moon but on the other hand if it performs poor then you no longer losses the money but then you have obligation to repay the money or loan you have borrowed.

If the investment goes bad, not only does all the loan money have to be returned by the borrower, but he also seems to have ended his life because the purpose of taking out a loan is to make a profit through the work he will be doing, but the results are bad. That's how it feels to work at double the risk with borrowed money, because borrowed money is a little less suitable for investment, but will always be more suitable for real estate businesses.

Why is that, because a real estate business is easier for someone to manage by seeing opportunities through their own environment so that they can provide goods that are often needed by people in that environment so that they can generate more sales and also be able to cover the loan regularly every month. So if someone has taken a loan, choose a job that is more certain with a level of risk that is not too big and also not double so that the loan repayments can be completed without a hitch.