Original archived Re: Avoid going for a loan as a trader
Scraped on 05/06/2025, 00:39:28 UTC
If you borrow money from someone, do not use it to trade or gambling. It will be like you can make money from it within a short period of time but the money will be lost within a short period of time instead.
To borrow is wrong when it's the reason is not to solve a problem but to use as a money risk.
It becomes more worst when the borrower take money that is above what he can afford.
Countries take loans, business owners, industries, big firms even the famous millionaires and billionaires, the difference is they take it for a better course.