First, acquire a solid understanding of trading concepts, risk management, and market analysis. When starting out, use only the amount of money you can afford to lose. This will allow you to test your skills, gain experience, and refine your strategies.
Indeed. It is the fundamental matter that a beginner needs to understand well. Having a proper knowledge is a must before someone starts trading, it is they way to do it in the right way. Regarding the money, a beginner shouldn't hurry to use the money as much as possible. The focus of a beginner should be for learning and gain experience. Using bigger money should be for experienced traders. It is the basic thing to understand by every beginner.
Borrowing money to start a business or trading venture can be extremely risky. Since the outcome is uncertain, there's a chance you might lose your investment or struggle to generate profits. If you're relying on potential profits to repay the loan, you may face significant financial burdens if your business fails.
Crypto business is a high risk, it will be riskier if we use borrowing money. Even in all business fields, using borrowing money isn't advisable. So, it is surely a big mistake to use borrowing money in a risky business like crypto investment/trading. Yep, there is no guarantee for profits in crypto, we don't know that we will have enough profits to repay the borrowing money. Of course, it will be a big burden if we do it with borrowing money. This possibly ruins our focus because we should take profits before the deadline of loan refund.