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Quote from: Nothingtodo on March 15, 2025, 10:18:11 PM

However, one suggestion is that if you can repay the loan or borrowed money on time, then you can take a loan if you wish, but if you cannot repay the loan on time, then you should definitely refrain from taking a loan.

Before taking the loan you'll have all the believe that you can replace the loan in time but after taking the loan and you make one mistake from any of your trade, you'll become anxious and you'll begin to make wrong decision, making you to lose all the money you have borrowed. There are some people that are very good at managing risk and they'll be making profits and getting more money when they handle people money but not everybody can do that hence you shouldn't think that you can get the same result as them but keep to yourself when you're out of capital and only resume trading again when you have gotten some money of your own that isn't important for something different than trading. Trading has no certainty because the market moves on it's own without anyone controlling it.

That's how it should be, It's hard to borrow and you'll have a hard time paying it back in the end, though it's not bad to borrow. But there are other borrowers who use the money they were loaned to in the business they want.

If this is the case, it can be said that this is a wise decision or plan as long as they can manage it correctly and grow the business they will actually do.

I don't always support the idea of getting loan because it could become a problem when the source we intend to use to pay for the loan eventually get dried. Loan can help us to grow our businesses, that if we have a business to grow amthag could yield more profits but it would not be good when we are getting a loan without having a genuine source of income to pay back the loan.
We could make money and pay back the loan but this only happen to 70% of all loan takers. It is never advisable to go get a loan just because you want to trade the market.

Even with the simplest life condition on which involves basic decision making in regarding finances on which taking up a loan is never been that ideal or something that will really be recommended.because it will really be that giving out that kind of disadvantage specially if you arent that capable on repaying up such loan or borrowed. Somehow there would really be some exemptions like if you do saw up some opportunity then you will really be able to have to made out such risks taking if you do saw that there's a potential that it could bring out that possible profits or benefit into your part. There are really just that moments or time that you will really be that be hindered because you do know that it could potentially be leading up into bad decisions or bad results or outcomes.

Getting a loan will really be that in accordance into your own choice. It is really just that there are times or moments that you do become that too scared on taking up such step but as much as possible then we should really be that mindful about on the actions that we do really need up to take in order for us to take up such opportunity but we should be wary that risks will really be always there.