Every investor should know the first rule - invest only money that you don't need and not more than you can afford to lose.
But many are forgeting about that, getting greedy and thinking they can get rich over night.
No one can't guarantee that you will be able to return the money from the loan and get the profit, the risk is too big.
But this also shows that there are only few realy good investors who know what they are doing.
Topic: DO NOT invest credit money - page 2. (Read 260 times)
Hello friends! I agree with you that there is a big risk of investing with credit money, that this is the No. 1 rule in investing. But I disobeyed, took a chance. When I increased my capital three times a month on Ripple, I was very happy! But now my portfolio is worth as much as it invested. Now I understand that I made a mistake! I pay a loan from another income.
Lucky you friend. The matter of taking credit to invest and succeeding is really very little in proportion out of those who don't succeed. It is understanding that sometimes , a business transaction looks promising.
Hello friends! I agree with you that there is a big risk of investing with credit money, that this is the No. 1 rule in investing. But I disobeyed, took a chance. When I increased my capital three times a month on Ripple, I was very happy! But now my portfolio is worth as much as it invested. Now I understand that I made a mistake! I pay a loan from another income.
My friends, this advice I give you according to the experience of my friends. Invest in the cryptocurrency only honestly hard-earned by you money. In this case, you do not have to worry about the temporary jumps in the rate, you can safely wait for the moment when the price will rise to the desired level, and then you can sell at a bargain price. This will be the earnings. You cannot do same with credit money.
I also agree with you on this point, It's absolutely true that this temporary ups and down will not sustain for a long time. so don't get fed up with the investment if you have. it's also not a wise decision for investing money from your credit. You have to invest only with your idle money and this will make you rich when the price will go up. so take a risk with your idle money for that you don't have to face any challenge in your daily life.
Investing with a borrowed money is risky more especially when you do that with mortgage. You can lose your property if things don't work as planned in the investment.
Is now getting clearer why users get in happy mood is activated sometimes. I guess at such time, hopes of repayment comes alive
.
In this case, you do not have to worry about the temporary jumps in the rate, you can safely wait for the moment when the price will rise to the desired level.
Is now getting clearer why users get in happy mood is activated sometimes. I guess at such time, hopes of repayment comes alive
. 
The people who do this are the same people who think that they have a way to beat the house in traditional gambling games like roulette. It may work out for them in the short-term but if they continue to do it then eventually their luck will run out and they're going to be in a whole world of shit. It's bad enough losing everything you've invested in to something, let alone being in debt because that investment went sour.
Yeah iam shoked that many people ask credit money and after invest it in things like crypto currency and ICO , crypto is very high risk - invest credit money in crypto its triple riskly , if you loose you will loose triple money 
I would say don't even invest your hard earned money, invest only the money you can afford to lose and the extra cash you have that you don't care about. Crypto is still a very high risk investment and one can never be sure how long a bear cycle will go on for.
Doing a risky investment as putting money in crypto with credit is a very dangerous thing, and no one should do it. You already have the risk associated with crypto investment and you will be adding extra exposure to credit? That's suicide, and I completely understand why banks are boycotting crypto purchase with credit cards.
I'm not advising not to buy crypto. Quite the contrary, but people should, as for any type of investment, only invest what they can afford to lose, so there is no point in investing money you don't even have.
I'm not advising not to buy crypto. Quite the contrary, but people should, as for any type of investment, only invest what they can afford to lose, so there is no point in investing money you don't even have.
My friends, this advice I give you according to the experience of my friends. Invest in the cryptocurrency only honestly hard-earned by you money. In this case, you do not have to worry about the temporary jumps in the rate, you can safely wait for the moment when the price will rise to the desired level, and then you can sell at a bargain price. This will be the earnings. You cannot do same with credit money.
Its true because that can get us into trouble of interest rates that are insured by the bank. They levy huge interest rates on the credit card cashing out or even the only purchases and in this instance the bitcoin over the crypto exchange. I think people might just think that they can cover the interest amount as well as can get huge principle on the bitcoin spikes to get huge profits. But thats not true as interest rate incurred on the credit purchases are even higher than what we can receive from the bitcoin earnings itself. It could you heart attack if price drops like current one happens after buying it with credit cards. Lolz. Its funny but true.
Investment is a risk. I agree, you should never take out a loan to invest somewhere....You can only invest what you can afford lost.
My friends, this advice I give you according to the experience of my friends. Invest in the cryptocurrency only honestly hard-earned by you money. In this case, you do not have to worry about the temporary jumps in the rate, you can safely wait for the moment when the price will rise to the desired level, and then you can sell at a bargain price. This will be the earnings. You cannot do same with credit money.
Well basically that is what it is. Like holding a USD currency but no jump and dump value and you can convert each time you want right? Like having an automatic buy and sell function on a trading site but not totally. We do have this kind of app that can hold no dump and pump currency and convert it on crypto currency. 
It would be absolute stupidity to take out a loan to buy crypto. Rule one for any investor:
"Invest only an amount you are willing to COMPLETELY lose". Investing is risking capitol. Never borrow capitol, you obviously don't have money to risk if you have to borrow.
"Invest only an amount you are willing to COMPLETELY lose". Investing is risking capitol. Never borrow capitol, you obviously don't have money to risk if you have to borrow.
Yeah it is the first rule to invest in cryptos that "invest what you can afford to lose", so don't ever borrow money because what could happen no one knows in this unpredictable market.
The pressure of borrowed capital is 2x times then your own capital and due to this most of the times panic sellers lose everything under-pressure.
It would be absolute stupidity to take out a loan to buy crypto. Rule one for any investor:
"Invest only an amount you are willing to COMPLETELY lose". Investing is risking capitol. Never borrow capitol, you obviously don't have money to risk if you have to borrow.
"Invest only an amount you are willing to COMPLETELY lose". Investing is risking capitol. Never borrow capitol, you obviously don't have money to risk if you have to borrow.
Is it really possible to find a such irresponsible people who think that crypto is suitable and safe way to invest their CREDIT money? And I'm not talking about doubtful necessity of loans...
People will never understand this, or they don't want to understand this. People are always going to have the greed inside them, the greed that's going to push money that they don't have into risky situations because they think that it's a sure bet that they make a couple bucks, and then they'll pay it off with ease.
People are greedy, this warning, sadly, won't help.
People are greedy, this warning, sadly, won't help.
My friends, this advice I give you according to the experience of my friends. Invest in the cryptocurrency only honestly hard-earned by you money. In this case, you do not have to worry about the temporary jumps in the rate, you can safely wait for the moment when the price will rise to the desired level, and then you can sell at a bargain price. This will be the earnings. You cannot do same with credit money.
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