Post
Topic
Board Trading Discussion
Re: Should I Get a Loan?
by
Xcode7
on 27/02/2025, 10:35:21 UTC
Agreed
Just don't understand why so much rich people have very low job income
and borrowing money to buy assets
If the crypto money don't lose value and make more money
It could pay interest, maybe
The question is why are there rich people who take out loans just to make purchases in the crypto space, even though they themselves know that in the crypto market there is nothing that can guarantee a profit. So I thought that rich people who still take out loans to buy something, they are not really rich people, but people who like to go into debt for everything. Because if they could circulate money without borrowing, of course they wouldn't like going into debt or anything like that.
There are many reasons why someone dares to go into debt to make purchases in the crypto world and the most important is because the person has great confidence even though the crypto market movement is very risky but everyone has their own calculations.
And for me there is nothing wrong with doing something that is very risky in order to get big profits too.

Regarding someone who likes to go into debt, I don't think it's a big problem if the money can be used well, because even though rich people don't necessarily have unused money to use so they decide to go into debt, I think everyone has their own reasons for that.