Post
Topic
Board Speculation
Re: Taking a loan to invest in DCA method
by
Frankolala
on 14/08/2025, 11:05:24 UTC
Ever since i introduced my friend to the DCA method of trading in btc he has been having some good turn up but he was asking me if i can loan him some money so he can add up to boost his staking so please guys how do i go about it should i give him or i shouldn't.
Trading is risky and profit is not guaranteed. It's better that you don't give him the loan to avoid future problems when he cannot pay back the loan due to losses. It is expected that we only use the amount of money that you can afford to lose to trade and not loan because you have gone beyond your discretionary income. I don't understand if trading needs DCA. DCA is only for investing in a long term.