well i do same i borrow money to myself and pay the % back to myself.
This is a type of conditioning to self so you can stay disciplined with money that you have. It can work if you can stay disciplined, but it will not be easy considering how often that there are many unplanned expenses that can come up, and there could be a change in economic situation like Inflation causing expenses to increase. If you are someone who is single without any responsibility, keeping money through any model, and staying disciplined can be easier than when you are married, with a partner or with kids. 
Topic: My business method how i make money i borrow and lend money - page 2. (Read 326 times)
How many of those acocutn are you going to keep making to post the same ridiculous ideas?
The moment your "investment" goes bad you lose everything, you lose your collateral and you lose more than you took as your collateral will be liquidated and the interest rate taken from it, so at that moment you have no capital left, you have no collateral to take another loan and you simply lost money, if you try it again you will lose more.
You think you have invented a money printing machine but it's not even close to that, if it were real everyone would be doing and more than that would be doing it and stop making this topic once you managed to find this gold mine of an idea.
Nothin this user and his army of alts has ever made sense, if he's ideas would be realistic he would have stopped visiting the forum for pennies and lived already in some villa in the Bahamas, but all he does is make these accounts and grow them to finally propose some outrageous scheme to newbies.
Seriously?
In case my Investment goes bad then i have to sell some Crypto to cover borrowed funds ....If that's not an option i'll just make agreement to pay off the missing money later from the next gains or i'll make payment plan like from each maturity date of my loan i'll pay some % to cover my old loan.
The moment your "investment" goes bad you lose everything, you lose your collateral and you lose more than you took as your collateral will be liquidated and the interest rate taken from it, so at that moment you have no capital left, you have no collateral to take another loan and you simply lost money, if you try it again you will lose more.
You think you have invented a money printing machine but it's not even close to that, if it were real everyone would be doing and more than that would be doing it and stop making this topic once you managed to find this gold mine of an idea.
I beg your pardon let me understand something, you are borrowing money from yourself to payback to yourself with interest? It is a business strategy that doesn't make any sense to me and looks like a very stressful and complex one.
Nothin this user and his army of alts has ever made sense, if he's ideas would be realistic he would have stopped visiting the forum for pennies and lived already in some villa in the Bahamas, but all he does is make these accounts and grow them to finally propose some outrageous scheme to newbies.
That’s a model that can actually work
Seriously?
That’s a model that can actually work, although it’s one that requires of you a lot of discipline as, your in business with yourself, which makes you subject to compromise. You tend to fine a reason for every lapses in payment like you’ve stated, you get to compliment for missed maturity dates and pay with profit from a later date.
That could easily lead to neglect of the whole process but, if your able to follow it up with a business mindset designed to increase you, it could work just fine.
That could easily lead to neglect of the whole process but, if your able to follow it up with a business mindset designed to increase you, it could work just fine.
Before you start making busful with you yourself on how you make your acclaimed profits, let me tell you what you may not know about you current financial state, which is indebtedness to bank and not to yourself, because if we check very well you still roll back to the bank to do more borrowing at each point in time, and for that even if you make some form of pay back from the m you percentage profits and thinking you making profits at all its a lie on the long term base.
So on the long run, you will always be indebted unless you are able to pay off in 100% and stop taking loans to investe in cryptocurrency, is not a good idea.
So on the long run, you will always be indebted unless you are able to pay off in 100% and stop taking loans to investe in cryptocurrency, is not a good idea.
I beg your pardon let me understand something, you are borrowing money from yourself to payback to yourself with interest? It is a business strategy that doesn't make any sense to me and looks like a very stressful and complex one. Rather than going through all this stress why not invest all of these money into bitcoin and at a particular set or price target, you take profit which is the initial money you invested rather than saying you are loaning yourself money to pay back the loan with the interest.
Lending money is good if you have good knowledge of market. Cryptocurrency is good digital currency and that is future of the World because in future mostly people will by mess by paying cryptocurrency. You should invest in cryptocurrency and you should track the record because it is necessary if you you want to be future billionaire. Cryptocurrency is also currency by which mostly billionaire are made and there is risky also ,no doubt. But reward is also multiple times and I think no Investment will give returns like cryptocurrency if you researched on the project and you have knowledge about company and CEO of project.
Crypto involves volatility so no one can guarantee that investing here will make you a billionaire or millionaire or super rich. Those who invest in cryptocurrencies should do so at their own risk as the coin's price can rise and fall at any time. Moreover, borrowing money for investment may be unwise because if you borrow money from someone and invest,Then if the value of your invested coins goes down, you may not be able to repay the creditor. So invest according to your ability even invest as much as you can afford to lose. 
Lending money is good if you have good knowledge of market. Cryptocurrency is good digital currency and that is future of the World because in future mostly people will by mess by paying cryptocurrency. You should invest in cryptocurrency and you should track the record because it is necessary if you you want to be future billionaire. Cryptocurrency is also currency by which mostly billionaire are made and there is risky also ,no doubt. But reward is also multiple times and I think no Investment will give returns like cryptocurrency if you researched on the project and you have knowledge about company and CEO of project.
I don't know much about your theory in using this method of borrowing yourself money and making it back to refund and taking the percentage profit from it, but all i know for now is that we can make use of the investment portfolio in cryptocurrencies to achieve whatever thing we wanted to get with our finances on investment asset, though we may not have to compare ourself with the US in some case because they are more of being independent and versatile as well in their reproductivity, they don't make use of a single entity for their reliable sustenance, instead they diversify and seize opportunities where others least expect.
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My results are good.
It's clear that If you want to be successful you watch what other successful ones do it.
USA is wealthy and successful country and strong with goverment.
If i want to be like USA , well i do same i borrow money to myself and pay the % back to myself.
Right now i borrowed money for 3000$ for 3 months with 10% rate. So maturity day i'll pay 3000$+10% back to me.
Off course i invest that money in crypto.
Even If i lose money ...well then i have collateral the cryptocurrenciey what i did bought with my 3k $ so the loan is also backed for myself from myself.
So i borrow from myself and pay to myself from every funds i take some % for handling fee aswell once i get back my 3300$ then i'll take 100$ from this as my handling fee that's just money for my pocket little reward for myself ...so with the rest of the 3200$ i'll give myself new loan
In case my Investment goes bad then i have to sell some Crypto to cover borrowed funds ....If that's not an option i'll just make agreement to pay off the missing money later from the next gains or i'll make payment plan like from each maturity date of my loan i'll pay some % to cover my old loan.
It's clear that If you want to be successful you watch what other successful ones do it.
USA is wealthy and successful country and strong with goverment.
If i want to be like USA , well i do same i borrow money to myself and pay the % back to myself.
Right now i borrowed money for 3000$ for 3 months with 10% rate. So maturity day i'll pay 3000$+10% back to me.
Off course i invest that money in crypto.
Even If i lose money ...well then i have collateral the cryptocurrenciey what i did bought with my 3k $ so the loan is also backed for myself from myself.
So i borrow from myself and pay to myself from every funds i take some % for handling fee aswell once i get back my 3300$ then i'll take 100$ from this as my handling fee that's just money for my pocket little reward for myself ...so with the rest of the 3200$ i'll give myself new loan
In case my Investment goes bad then i have to sell some Crypto to cover borrowed funds ....If that's not an option i'll just make agreement to pay off the missing money later from the next gains or i'll make payment plan like from each maturity date of my loan i'll pay some % to cover my old loan.
10% interest loan from a bank for 3 months sounds like too good to be true. I don’t know but the last time I check with cash loan on bank was it has 10% or higher interest rate fixed per month which you need to pay on the term duration.
Sounds hassle for me to ask loan to the bank and pay 10% if you have enough money from your crypto to cover since you have collateral when you lose trades. It’s better to find a decent job that will give you consistent capital instead of loaning to a bank with fixed interest rates.
With the note that you are able to obey the rules that you make yourself, but it feels like the calculation will be complicated if you lend money to yourself and manage it yourself and so on without end. So actually, instead of complicating the management, why not try the method as it should be by borrowing from outside parties. Because that way the demands and schedules and management of loans will be much healthier and fairer. You have to prove that it is effective for everyone. What I mean is that it is very unethical to implement a borrowing and lending system in your own way but when it is due you can avoid the demands that you made yourself.
The first loan you're talking about is from a bank/ finance entity or just from yourself?
Either way, I don't think any bank will charge 10% interest rate per month.
Now I'm trying to understand what you said, you took a loan for $3000 and bought $3K worth of crypto assets and you have another 3K worth of cryptos as backup in case if you fail to make profits.
And your goal is now to make 10% profits from your investment to cover just the interest which is even not realistic though by trading or do you have any particular investment scheme in your mind to make that 30%?
AFAIK, passive crypto investments provide 5-8% returns per year which leaves now that trading is the only option.
Either way, I don't think any bank will charge 10% interest rate per month.
Now I'm trying to understand what you said, you took a loan for $3000 and bought $3K worth of crypto assets and you have another 3K worth of cryptos as backup in case if you fail to make profits.
And your goal is now to make 10% profits from your investment to cover just the interest which is even not realistic though by trading or do you have any particular investment scheme in your mind to make that 30%?
AFAIK, passive crypto investments provide 5-8% returns per year which leaves now that trading is the only option.
I think that you are mistaking making profit and taking loan, they are different things, profit is the reward for your business, income is the reward for your work but loan is an external money that you add to your capital. So what you are calling giving yourself a loan is actually investing in cryptocurrency from your capital, if you gain it adds to your capital as returns on investment, if you don't gain it becomes a lose from your capital. I don't think that it is correct to say that you gave yourself a loan because it is your own money. You cannot give yourself what you already have. If the money is a joint holding with another party or group then you can borrow it because it doesn't belong to you alone. Individuals, associations, institutions and governments can decide to collect loans and when they do it becomes a liability on them to repay the money, if they can not repay it as at when due, either their collateral for the loan is taken by the giver or more interests can be added on the loan capital, depending on the loan agreement.
My results are good.
It's clear that If you want to be successful you watch what other successful ones do it.
USA is wealthy and successful country and strong with goverment.
If i want to be like USA , well i do same i borrow money to myself and pay the % back to myself.
Right now i borrowed money for 3000$ for 3 months with 10% rate. So maturity day i'll pay 3000$+10% back to me.
Off course i invest that money in crypto.
Even If i lose money ...well then i have collateral the cryptocurrenciey what i did bought with my 3k $ so the loan is also backed for myself from myself.
So i borrow from myself and pay to myself from every funds i take some % for handling fee aswell once i get back my 3300$ then i'll take 100$ from this as my handling fee that's just money for my pocket little reward for myself ...so with the rest of the 3200$ i'll give myself new loan
In case my Investment goes bad then i have to sell some Crypto to cover borrowed funds ....If that's not an option i'll just make agreement to pay off the missing money later from the next gains or i'll make payment plan like from each maturity date of my loan i'll pay some % to cover my old loan.
It's clear that If you want to be successful you watch what other successful ones do it.
USA is wealthy and successful country and strong with goverment.
If i want to be like USA , well i do same i borrow money to myself and pay the % back to myself.
Right now i borrowed money for 3000$ for 3 months with 10% rate. So maturity day i'll pay 3000$+10% back to me.
Off course i invest that money in crypto.
Even If i lose money ...well then i have collateral the cryptocurrenciey what i did bought with my 3k $ so the loan is also backed for myself from myself.
So i borrow from myself and pay to myself from every funds i take some % for handling fee aswell once i get back my 3300$ then i'll take 100$ from this as my handling fee that's just money for my pocket little reward for myself ...so with the rest of the 3200$ i'll give myself new loan
In case my Investment goes bad then i have to sell some Crypto to cover borrowed funds ....If that's not an option i'll just make agreement to pay off the missing money later from the next gains or i'll make payment plan like from each maturity date of my loan i'll pay some % to cover my old loan.
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