Quote from: Versatile_choice on June 21, 2025, 10:36:36 PM

Quote from: SuperBitMan on June 21, 2025, 10:07:11 PM

Quote from: Redley555 on June 21, 2025, 07:13:37 AM

It is funny seeing a post like this, how can you invest with a borrowed not just in bitcoin.
Any investment is a risk, it is too risky to invest with someone else’s money, what if the business goes sideways
No business is guaranteed 100%, that is why you should be very careful and don’t take loans to invest

This has put a lot of people in trouble, bitcoin is not a quick way to make money unless you want to lose money, it takes years of learning and mastering the market be careful out there

In as much as borrowing or taking loan to invest in Bitcoin is wrong I don't think doing so in business is also wrong, a lot of big business today became big because they decided to take risk of taking loan and then expanded there business.

I agree with you on this one, surely taken a loan to start up a business is not a bad idea, since we are guarantee about the outcome depending on how determine a guy is towards the business and also having a business idea matters alot, because if you don't have a business idea there no way you can be able to expand your business. So therefore I think is very important for one to have a good business idea before he or she would think of going for a loan, because some person's go for a business loan but at the end they couldn't do anything useful with the money due to lack of business idea.

It is never right to do business, always think about investing. It is right to invest in debt and it is not right to do business. Because if you take a loan to do business, then if all your money is lost, then how will you repay the loan? In this way, you will continue to be burdened with one loan after another, so it is never right to take a loan.