Topic: Dont just borrow money but for the right reason (Read 960 times)
Where will patience comes from when you are using a borrowed fund to invest in a very volatile asset? You can't even trade will ease because the fear of using borrowed money will consume you, I'm 100% against this those who can do this comfortable are those who have enough properties and money
I don't think that there's lesser risk on the businessman.
They're going to work for their profit and ROI. While the investor can simply be away from his investments and wait until it grows. A businessman is active while an investor is passive.
There's more effort in business and that's what I see the difference of both and that's why risk is higher in having a business and running it until you get back the ROI or have a stable income but there's no assurance you can do that, it's also a long process.
Investment on general and it could neither be classified on various forms which its neither you are the ones who are running off the business or you do just simply invest on it and wait for some returnThey're going to work for their profit and ROI. While the investor can simply be away from his investments and wait until it grows. A businessman is active while an investor is passive.
There's more effort in business and that's what I see the difference of both and that's why risk is higher in having a business and running it until you get back the ROI or have a stable income but there's no assurance you can do that, it's also a long process.
but in general sense then you are still investing and every each of them does have that particular risks and every investment does have.It all matters on how you do bare and handle them out.
If you couldnt able to run it successfully or handle it well then you would really be finding off some problems later on.
And that's the similar for both of them, you see that it's not working then you have to do something. In investments, you can still remain chill and be patient.
While in business, you really have to be aggressive and proactive on it since you're relying on your day to month activity from it. It's the opposite in investments, you can watch the charts and how your portfolio's doing and act if you think there's something wrong.
Borrowing money for an appropriate need may be recommended, but if there is no urgent need to borrow money for no reason or if it is for a need that may not be postponed.
And if the purpose is for investing, that's not the idea that you would love to do.If you have savings, then that's the money that you should be investing but there are also the businessmen that are borrowing money and treat it as good debt.
But being a businessman and an investor, they're not the same. As an investor, it will take time before that loaned money comes into profit and you'll get more interest with that if you're in the waiting game.
They're going to work for their profit and ROI. While the investor can simply be away from his investments and wait until it grows. A businessman is active while an investor is passive.
There's more effort in business and that's what I see the difference of both and that's why risk is higher in having a business and running it until you get back the ROI or have a stable income but there's no assurance you can do that, it's also a long process.
but in general sense then you are still investing and every each of them does have that particular risks and every investment does have.It all matters on how you do bare and handle them out.
If you couldnt able to run it successfully or handle it well then you would really be finding off some problems later on.
Borrowing money for an appropriate need may be recommended, but if there is no urgent need to borrow money for no reason or if it is for a need that may not be postponed.
And if the purpose is for investing, that's not the idea that you would love to do.If you have savings, then that's the money that you should be investing but there are also the businessmen that are borrowing money and treat it as good debt.
But being a businessman and an investor, they're not the same. As an investor, it will take time before that loaned money comes into profit and you'll get more interest with that if you're in the waiting game.
They're going to work for their profit and ROI. While the investor can simply be away from his investments and wait until it grows. A businessman is active while an investor is passive.
There's more effort in business and that's what I see the difference of both and that's why risk is higher in having a business and running it until you get back the ROI or have a stable income but there's no assurance you can do that, it's also a long process.
You’re right, Metaverse is a very good investment. It’s an investment that would be worth considering, because there are millions of dollars being invested every day, although I can’t say for sure whether it would be bigger than BTC. When you talk about being bigger, do you mean the Metaverse platforms combined, or just a one platform itself? For example, there are different metaverse platforms and to mention a few of them, there are Decentraland, The Sandbox, and Axie Infinity. I don’t think any of these platforms itself would be able to become bigger than bitcoin in future, but in combination? Maybe.
I hope you know that Metaverse itself is not what you’re investing in right? You’re rather investing in the crypto projects that are being launched on the platform, and mind you, if you are not careful with the projects that you choose to invest in on the Metaverse platform it is going to be a big loss for you rather a win.It’s not like there wouldn’t be any fake projects that would be launched on the Metaverse as well, Metaverse is simply the internet in a better version of it, and in a different way, so you should expect to see the same things that you’re Swing on the regular internet of today. Make sure that you’re investing your money wisely and don’t just get into anything you see.
Although both a businessman and an investor takes risk, the risks is much on the side of an investor and a business man doesn’t take much risk as an investor does. The good thing about business is that the businessman already knows how the business is working and how much that is currently coming out from it, and how much that would likely come in as profit if he should invest more money into the business, so he makes plans and knows how to make use of the borrowed money, but that wouldn’t be the same for someone who is an investor. Investing a borrowed would be a bigger risk.
But the sense of a business and crypto investing is somehow same in a matter of fact that this both area have a risks. I may not know the level of risks but borrowing for me in terms even in business or crypto investment is not very advisable. I mean, I do believe that everyone has their own capabilities to handle finances and how to grow it and earn from it then return the capital with interest to the person or company they borrow it but there are also some who take risks and get loss the amount so, for me it's a no. I'll better save money for that than borrowing.
Well, lands in Metaverse projects are expensive and knowing to buy property from projects that won't fail will be good when they are just starting. I won't advise anyone to borrow money and invest in cryptocurrency, although the odds always favour those who dare with the right project and with a huge patient.
Don't instigate people to do that, if they have fresh money it's very good to do but if they don't have it you should study deeper and try with very minimal capital letter. Many things we may know about the price which later deteriorated greatly. so you better take appropriate action.
As long you do know you could repay those debts without relying on that investment return which means that you do have other sources too for you to do so.
Borrow if its needed and you do able to see opportunities but if not then its better to avoid as much as possible and always use came from your own pocket.
I think it's a big risk to do that, you can see for yourself with a good strategy to see a good price later or generate the profits you might get. All can only predict about the price they will get. should not take brutal decisions in search of a quick profit. better study carefully first. This is very difficult for a lot of people.
Borrowing money for an appropriate need may be recommended, but if there is no urgent need to borrow money for no reason or if it is for a need that may not be postponed.
And if the purpose is for investing, that's not the idea that you would love to do.If you have savings, then that's the money that you should be investing but there are also the businessmen that are borrowing money and treat it as good debt.
But being a businessman and an investor, they're not the same. As an investor, it will take time before that loaned money comes into profit and you'll get more interest with that if you're in the waiting game.
Borrowing money for an appropriate need may be recommended, but if there is no urgent need to borrow money for no reason or if it is for a need that may not be postponed.
And if the purpose is for investing, that's not the idea that you would love to do.If you have savings, then that's the money that you should be investing but there are also the businessmen that are borrowing money and treat it as good debt.
But being a businessman and an investor, they're not the same. As an investor, it will take time before that loaned money comes into profit and you'll get more interest with that if you're in the waiting game.
Well, lands in Metaverse projects are expensive and knowing to buy property from projects that won't fail will be good when they are just starting. I won't advise anyone to borrow money and invest in cryptocurrency, although the odds always favour those who dare with the right project and with a huge patient.
Don't instigate people to do that, if they have fresh money it's very good to do but if they don't have it you should study deeper and try with very minimal capital letter. Many things we may know about the price which later deteriorated greatly. so you better take appropriate action.
As long you do know you could repay those debts without relying on that investment return which means that you do have other sources too for you to do so.
Borrow if its needed and you do able to see opportunities but if not then its better to avoid as much as possible and always use came from your own pocket.
The metaverse is interesting, even though I find it a bit dystopian (Zucc being creepy also isn't helping). Considering the company behind it I think it's a worthy investment but most people would probably give it a pass right now and find it too risky.
I suppose if you have a lot of money lying around you don't mind losing you can use it for that and if you were right they you'd be richly rewarded for being an early adopter (like with bitcoin). Taking loans though? I don't think so, that would be too risky, we don't have a proper timeline on when it'll take off.
If you must take a loan to make money, spend it on something else.
I suppose if you have a lot of money lying around you don't mind losing you can use it for that and if you were right they you'd be richly rewarded for being an early adopter (like with bitcoin). Taking loans though? I don't think so, that would be too risky, we don't have a proper timeline on when it'll take off.
If you must take a loan to make money, spend it on something else.
Certainly, if you could choose among all the possible metaverses and ways of governance, you would certainly not say "hey, this guy Bill Gates or this guy Zuckerberg are just the right ones for the job" The idea even makes me laugh, particularly Mark is probably the most trustworthy person in the universe in the sense that you can absolutely trust that he will rip you off the moment he can, by all means and with total disregard for any implicit right or agreement like he did with his initial partners.
Well, lands in Metaverse projects are expensive and knowing to buy property from projects that won't fail will be good when they are just starting. I won't advise anyone to borrow money and invest in cryptocurrency, although the odds always favour those who dare with the right project and with a huge patient.
Don't instigate people to do that, if they have fresh money it's very good to do but if they don't have it you should study deeper and try with very minimal capital letter. Many things we may know about the price which later deteriorated greatly. so you better take appropriate action.
Well, lands in Metaverse projects are expensive and knowing to buy property from projects that won't fail will be good when they are just starting. I won't advise anyone to borrow money and invest in cryptocurrency, although the odds always favour those who dare with the right project and with a huge patient.
Actually it goes back to each person if they are smart in managing it I think it will be profitable,but indeed borrowing money and investing in crypto is a big risk so many people are also advised not to do that
The principle of investing is to invest what you can afford only, the fact that you borrow money, says you likely can't afford to invest at the moment. However, you can take the risk if you want, but you should be ready of the negative outcome as investing is not only one side, but one could lose or profit from investing.
It's a "reputable" company so that might give a little confidence in investing on Meta. Higher risks, higher rewards. You can make a whole lot for less by buying in early.
Before taking out loans though you'd have to decide whether you can tolerate such risks. Even if it prove profitable in the future we don't have idea when so check the terms for the loans you are taking.
Before taking out loans though you'd have to decide whether you can tolerate such risks. Even if it prove profitable in the future we don't have idea when so check the terms for the loans you are taking.
Well, lands in Metaverse projects are expensive and knowing to buy property from projects that won't fail will be good when they are just starting. I won't advise anyone to borrow money and invest in cryptocurrency, although the odds always favour those who dare with the right project and with a huge patient.
Actually it goes back to each person if they are smart in managing it I think it will be profitable,but indeed borrowing money and investing in crypto is a big risk so many people are also advised not to do that
The online loan trend makes it easy for anyone to get into debt, I think this is a serious problem because most people borrow just for fun and very little is used for investment, as long as we borrow online and use it for productive things, it's certainly better.
As it should be but we know that everyone does have their own mindset when it comes to things on where we do really end up on different choices and preference and when it comes to risk taking then its also different. Some might really love to play with fire but there are some who do want to play safe which is definitely considerable thing or a must to be done and not just taking actions without some having problems when it comes on repaying some debt. 
The metaverse is interesting, even though I find it a bit dystopian (Zucc being creepy also isn't helping). Considering the company behind it I think it's a worthy investment but most people would probably give it a pass right now and find it too risky.
I suppose if you have a lot of money lying around you don't mind losing you can use it for that and if you were right they you'd be richly rewarded for being an early adopter (like with bitcoin). Taking loans though? I don't think so, that would be too risky, we don't have a proper timeline on when it'll take off.
If you must take a loan to make money, spend it on something else.
I suppose if you have a lot of money lying around you don't mind losing you can use it for that and if you were right they you'd be richly rewarded for being an early adopter (like with bitcoin). Taking loans though? I don't think so, that would be too risky, we don't have a proper timeline on when it'll take off.
If you must take a loan to make money, spend it on something else.
This is a very bad advice, I still don't understand why humans keeps fate aside and goes on with what people tell them to do, debt isn't for everybody, just because something works your way doesn't mean it will work for others, it can land them into deep trouble, you use debt doesn't mean I should
You still have a valid point, but how do you achieve success if you are not willing to take risks? I understand that if something works for someone else, it does not necessarily mean that it will work for you, but why not give it a shot and see if it is successful on your end rather than taking a chance? Regardless of the risk involved, businessmen and investors are willing to take a chance on their ideas because, if they are successful, they will reap substantial financial rewards from their efforts. The disadvantage is that you will be in debt if your venture is unsuccessful.Why take a loan when when we already have a money to invest with? and even if we do not have the money right now, I still wont recommend loaning in a bank just to invest on something because investing is risky even though we are talking about metaverse. I prefer the basic way, working to have a money and invest that money, if metaverse is the future, your small money that you invested can turn huge .
Crypto currency investment is always advice to trade with care in other words invest what you can afford to lose. Advising people to borrow from bank for metavers is not a good idea in my opinion. One you made mentioned of how investors should hold from 5 - 10 years and I wonder how much will be the interest rate on such a long term loan and how are we sure the end result will be like that of Bitcoin in the next 10 years. Invest what you can afford to lose good people!!
This is a very bad advice, I still don't understand why humans keeps fate aside and goes on with what people tell them to do, debt isn't for everybody, just because something works your way doesn't mean it will work for others, it can land them into deep trouble, you use debt doesn't mean I should
You still have a valid point, but how do you achieve success if you are not willing to take risks? I understand that if something works for someone else, it does not necessarily mean that it will work for you, but why not give it a shot and see if it is successful on your end rather than taking a chance? Regardless of the risk involved, businessmen and investors are willing to take a chance on their ideas because, if they are successful, they will reap substantial financial rewards from their efforts. The disadvantage is that you will be in debt if your venture is unsuccessful.
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