Quote from: Xcode7 on February 27, 2025, 10:35:21 AM

Quote from: CageMabok on February 27, 2025, 10:04:55 AM

Quote from: lee278701 on February 20, 2025, 02:21:28 AM

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.

I can really be able to feel out in regarding on the risks taking on which at the moment that you are trying out to take a loan because we are really that hoping that you can be able to make out that investment because you've hoping that you can be able to take up some shot for you to be able get rich but we do know that it will really be that needing up that some mix of luck. Taking up a loan for you to invest and trade then it will really be that a huge risks but just like we do all know that you wont be able to take up opportunities if you wont really be taking up the risks but make it sure that on the moment that you do took up the risks then make it sure that you can be able to repay up those loans without relying into your investment profits because we do know that this market doesnt really give out assurance whether you can make profits or not.

Taking up a loan for you to make have that trading capital on which it wil lreally be that on your own choice and just like been said that its not something that you can be able to make that risk free. If you do able to have that profitable trade and investment then repaying up those loans or borrowed money will really be not a problem at all. This is why people will really be taking up that further step because once you do able to hit up the sweet spot then it will really be that rewarding. Somehow lets not just that talking about into the positive but also into the negative because once you do put up yourself into such deep debt then it will really be that resulting into that huge problem on which might lead into that huge regret.