It is better to use the money from the loan to create a business because you will have a chance to make money from that
Basically, to loan money both for gambling and a business in real life isn't recommended. You are better to wait for having sufficient money to start a business. Especially for gambling, it is better to avoid. There is no guarantee of success, instead of high risk to lose big money. We don't need to force ourselves to gamble or start a business if we have no enough money yet.
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You are right about gambling but wrong about business. The truth is that 99.99% of people will never have "free" money to start a business - all the money is spent on life and important stages of life. Therefore, if people follow your advice, then this vast majority of people will never open a business, but this is wrong, because if they have the necessary knowledge, experience and competence, then opening a business is a much more reliable investing than gambling.
Practically right and I back you with this statement, having the right knowledge within your
chosen field of investment or business the chance of being successful is far better comparing to any types of gambling.
Your knowledge is the key factors of your success, it can apply also with gambling but the chance of getting wreck out and completely losing your fund is far higher than starting a business if you have good understanding within the line.
There is something that really catches my attention in some people, and it is the fact of lending money to be able to play, which, I see it badly from every point of view, as they have said before, it is much better to lend money for some need or business, The reason is simple, somehow the money will be raised and with work and effort you will be able to repay the loan. The bad thing about investing it playing is that it is very likely that you can lose it, when you play with pressure it is very difficult, since the psychology of each person influences a lot and when you lose bad thoughts they become more and more real and that is when you can fall into vice.
Whenever money is used to play, it is money that the player is willing to lose, not need or multiply, I know that many or all of us want to multiply the money, but not do it irresponsibly.
Only very few have had the "LUCK" of having multiplied their money in games, most fail, anyway each person must have their self-control, I know a friend who always bet all his salary in a traditional casino and giving a general balance , their losses were greater than their gains, and the idea is to be able to do the opposite.
I see the game as a business, with little balance you should get little money but constantly, it is very difficult but you can, some whales do not happen that, they bet a lot and win a lot, as well as they can also lose a lot, but in terms In general, the player has to feel more about his money, this is similar to trading, when Jesse Livermore bet a lot of money on the stock market he did not see his profits, until he decided to extract half of what he earned to enjoy it on trips, meals, vacations, because it is very important to see the money you earn.