Post
Topic
Board Trading Discussion
Re: Should I Get a Loan?
by
puloweh555
on 05/03/2025, 18:08:47 UTC
from experience, borrowing money to trade puts you under pressure that is enough to push you into losses. regardless of how certain you feel the trade can go, if the amount you are using is not something you can afford to lose, it is not advisable to make that kind of gamble on it. if getting profit from trades was easily like that, people would have been cashing out really big from trading. getting a loan for trading is just like taking a lone to gamble, the risk out pass the potential gain.
Loan is not child's play, it's a burden, especially when you are not channelling it to a business or a viable investment that has almost guaranteed income. For this, it shouldn't be seen of anyone securing a loan to trade, it's a disaster. One of the golden rules of trading even preached against it, "don't trade with the money you can't afford to lose." I am sure the borrower can't afford to lose that money, why do that when it will even cause more pressure on you?

Investments have very high risks and prices fluctuate so that it is difficult to predict the rise and fall so investing using borrowed money will result in double the risk. experiencing losses from investments or trading and you cannot pay the debt. It is better not to invest than to have to finance it with debts that have installments and interest that must be paid in installments every month.

So if there is an offer like the one above, believe me, don't take it because it is a toll road to destruction, especially for your finances in the future. Therefore, invest according to your risk factors, and do not use loans for investment, because the interest is too high. Especially for crypto investments whose profits you cannot predict. Your capital can run out in an instant, and only piles of debt and interest remain.