Quote from: AmaGold70 on Today at 03:12:26 PM

Quote from: mid9tclaw02 on August 09, 2025, 10:37:40 PM

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.

I'm not sure if I understand you, your friend uses the DCA method of trading in Bitcoin or he uses the DCA strategy to invest in Bitcoin? Anything that has to do with Bitcoin should be entirely bills on you and not borrowing from anyone to invest, he should be responsible alone for his Bitcoin's trading or investment decisions and not drag anyone into it, and this friend of yours, how much do you trust him with your money? And what if he starts experiencing losses after borrowing from you to boost his stake? What if he runs away with your money? Let him understand that borrowing money from anyone to invest is a huge mistake in my opinion, he should only trade or invest with the money he has and when he makes profits then he can use it to boost himself more. Refrain from giving him that loan because even your friendship with him is at risk if anything goes wrong at the end.

Borrowing or taking up a loan for you to invest into something which it doesnt give out guarantees that it would be making up some pump on the next month or week or whatever it would be. Just like on what most people been saying on here that we arent that having that assurance that we can repay up the loan at the time that we do need up to pay it up on due time. If you do have some other sources of income then you might that having no problems but if this would be your last shot on doing so then you would be definitely be facing up some problem. There are situations that you do become that too naive on thinking about on the realistic things around just because of having that eagerness on making up some investment. Actually it wont be that bad as long you do make yourself that responsible towards into those actions. Taking a loan is never been a no go for me when it comes to investing or even just simply buying a thing or something that i do like. If you cant be able to afford it out then it sbe tter not to buy at all and this kind of principle does works and avoided up into those toungh situations just because you do make out some foolish decisions on taking up some loan.