Quote from: Baki202 on September 10, 2024, 10:01:25 PM

Quote from: stadus on September 07, 2024, 11:59:38 PM

Even myself, I also did taking a loan before and that was my biggest mistake in trading. I never knew until I lose in trading and realized that trading becomes more risky and we get more pressured using borrowed funds. And with that, we lost our patience and focus on trading, because all we think are the instant profits we can gain from trading, but in reality it's actually hard to gain profits from trading most especially for greedy traders.

The number one rule i will always say is never to borrow money to invest or to even trade Bitcoin everything about bitcoin is not stable and I know their are people that have benefited from this circumstance but I don't think it should be something we want to try out, when you fall victim of unable to make profits to keep both the capital and the profits intact then you will have to start looking for means to actually pay back the persons money and no doubt that the person will be on high expectations when the time comes for the borrower to return the money and the best thing is to use your own fund to actually trade if the money does not make it back then you won't bother the highest decision you can do is for you to make a decision that you are no longer interested. And why all this is not advisable because of the risk it comes. And losing patience when you holding a lot more, and I feel like rushing to trade it was not a good decision at all you would have just continue holding so that even you don't make profit you will be able to sell and return the person money that it was borrowed.

Trading is an uncertain platform where there is no guarantee of profit or loss. Investing in such a place is definitely risky. But if he can keep his accumulated money in such investments, he will not face much pressure to lose in that case. But if a person gambles with borrowed money or bank loan it will create human pressure for him if his investment is exposed to loss. I would not say investing with debt is bad but if there is no adequate provision to repay the loan then it is definitely not advisable to take that loan. Every investment involves risk but investing by borrowing other people's money is even more risky. My advice to anyone who wants to invest with borrowed money is to invest only in Bitcoin and hold it for the long term as this will increase the chances of getting profits even over a long period of time.