Topic: Should you take loan(s) to invest in crypto? - page 5. (Read 2115 times)
Investments, market trading, etc. are only made with money you can afford to lose. If you want to take a loan to invest, this is simply something unacceptable because if something goes wrong it is tantamount to complete bankruptcy in my opinion. I personally will not risk complete bankruptcy.
A very big decision to invest in crypto has to loans money from a bank. Just like betting on gambling, it is not recommended because if the price suddenly drops or the trend reverses into a downtrend, then you will lose a lot of money and property, as well as debt bills that must be paid.
I don't think that taking loan and investing it in crypto is a good idea especially if you are newbie in the crypto industry. It is very risky for you to invest what you have loan to it because of the volatility and stability of the market. Do a rigorous and deep researches first before investing your hard earned fund to avoid losing it.
Thats right its a very risky thing to do although investing in crypto is profitable but still, it has risk and one should have enough knowledge to grasp on how it works.The main rule when investing is to only invest what you can afford to lose or your spare money that is not meant for emergency needs. Hence even the market takes longer for an investor to take profit, its fine since you're not in hurry and its not a loan money. If you cant invest using your own money, then better not to try it or else you might regret your decision.
If you are a regular Twitter user and happen to follow a bunch of influencers or investors, there are high chances that you will have gone through some of the tweets claiming someone has borrowed a loan from bank to just invest into crypto. If not yet, check it here. Well, this is one really interesting topic so I though why not discuss here.
What do you think of taking loan(s) to invest in crypto? What's your input? Have any of you done this already? Isn't this crazy?
What do you think of taking loan(s) to invest in crypto? What's your input? Have any of you done this already? Isn't this crazy?
This is crazy and you should not even think of it, the market is very volatile and you should always think that always and at all times, there's always a big temptation to make a loan because of other experience's if you want to take a loan you should make an assessment of yourself if you really can take it and you have the means to take losses, psychology and materially.
If you are a regular Twitter user and happen to follow a bunch of influencers or investors, there are high chances that you will have gone through some of the tweets claiming someone has borrowed a loan from bank to just invest into crypto. If not yet, check it here. Well, this is one really interesting topic so I though why not discuss here.
What do you think of taking loan(s) to invest in crypto? What's your input? Have any of you done this already? Isn't this crazy?
What do you think of taking loan(s) to invest in crypto? What's your input? Have any of you done this already? Isn't this crazy?
yeah right ,, it's something really challenging and really crazy to do. investing does not have to be with large capital, just do it as much as we can. If you have to take out a loan or get into debt I think it will be a big risk. better not do that
This is completely a gamble, it's doubling the risk because you are gambling with the future of your investment, and if you lose, you don't only lose on investing but you also lose on borrowing, which is hard for you to recover especially if you are struggling in earning money.
If you are a regular Twitter user and happen to follow a bunch of influencers or investors, there are high chances that you will have gone through some of the tweets claiming someone has borrowed a loan from bank to just invest into crypto. If not yet, check it here. Well, this is one really interesting topic so I though why not discuss here.
What do you think of taking loan(s) to invest in crypto? What's your input? Have any of you done this already? Isn't this crazy?
What do you think of taking loan(s) to invest in crypto? What's your input? Have any of you done this already? Isn't this crazy?
yeah right ,, it's something really challenging and really crazy to do. investing does not have to be with large capital, just do it as much as we can. If you have to take out a loan or get into debt I think it will be a big risk. better not do that
Just form the fact that you are asking this in forum the answer is hard NO. Do u take a loan when you go to casino? That is a recepie for a disaster.
There is a huge problem with financial iliteracy which in best case leads to depresion. Please people, educate yourselfs before investing anywhere.
There is a huge problem with financial iliteracy which in best case leads to depresion. Please people, educate yourselfs before investing anywhere.
If you are a regular Twitter user and happen to follow a bunch of influencers or investors, there are high chances that you will have gone through some of the tweets claiming someone has borrowed a loan from bank to just invest into crypto. If not yet, check it here. Well, this is one really interesting topic so I though why not discuss here.
What do you think of taking loan(s) to invest in crypto? What's your input? Have any of you done this already? Isn't this crazy?
As cryptocurrency market situation, loan investment will be profitable. But same advice don't jump on any single altcoins. Bank loan means included highly interested on your money What do you think of taking loan(s) to invest in crypto? What's your input? Have any of you done this already? Isn't this crazy?
alone but still this one wont really be making guarantee that you can make money even the market shows bullish movement but you wouldnt know on when
it would really be making some u-turn.
Taking up some loan is indeed risky and it is much better if you do look for some other alternative before going into this decision.
If you are a regular Twitter user and happen to follow a bunch of influencers or investors, there are high chances that you will have gone through some of the tweets claiming someone has borrowed a loan from bank to just invest into crypto. If not yet, check it here. Well, this is one really interesting topic so I though why not discuss here.
What do you think of taking loan(s) to invest in crypto? What's your input? Have any of you done this already? Isn't this crazy?
What do you think of taking loan(s) to invest in crypto? What's your input? Have any of you done this already? Isn't this crazy?
i never doing that, its too risky
because there is no guarantee if we will always make a profit in cryptocurrency market my friend
i hope all members in this forum will not doing that
If you are a regular Twitter user and happen to follow a bunch of influencers or investors, there are high chances that you will have gone through some of the tweets claiming someone has borrowed a loan from bank to just invest into crypto. If not yet, check it here. Well, this is one really interesting topic so I though why not discuss here.
What do you think of taking loan(s) to invest in crypto? What's your input? Have any of you done this already? Isn't this crazy?
As cryptocurrency market situation, loan investment will be profitable. But same advice don't jump on any single altcoins. Bank loan means included highly interested on your money, so should be more aware about it. personally I don't suggest anyone to invest in cryptocurrency by this interest process. What do you think of taking loan(s) to invest in crypto? What's your input? Have any of you done this already? Isn't this crazy?
I think it's too bad if we want to invest in crypto using borrowed money because the crypto market is difficult to guess at any time it can go up or down
I invest in crypto using extra money that is not needed for everyday life because when investment has decreased, my remain calm and do not panic sell
I invest in crypto using extra money that is not needed for everyday life because when investment has decreased, my remain calm and do not panic sell
Loans are a big responsibility. You must be sure that the project will win in which you plan to invest 200% of the credit funds. I think very adventurous people take such a risk. Where is the guarantee that the profit will cover the entire loan amount and interest charges? I would not consider this option. 
If you are a regular Twitter user and happen to follow a bunch of influencers or investors, there are high chances that you will have gone through some of the tweets claiming someone has borrowed a loan from bank to just invest into crypto. If not yet, check it here. Well, this is one really interesting topic so I though why not discuss here.
What do you think of taking loan(s) to invest in crypto? What's your input? Have any of you done this already? Isn't this crazy?
What do you think of taking loan(s) to invest in crypto? What's your input? Have any of you done this already? Isn't this crazy?
I think about that a long time ago when most of the altcoins are pumping in the market I consider taking a loan to invest in cryptocurrency. Because my investment was just skyrocketing and I think already around 300x-400x in just 2months so I see a lot of opportunity in investing in other coins because I see like BNB which increase its price really high and I just don't have enough money to invest because everything is already invested in the different altcoins. It would work great actually if you know someone where you could loan that just have low interest and if you are really lucky you could easily make a profit in that and even triple the amount that you loan. Still, it's your decision if you want to loan from the bank but you should know the risk of investing in cryptocurrency it could easily go wrong so you should have a backup plan unless your crypto investment does not work well.
it is too risky to borrow money just to buy bitcoin because we all know bitcoin has no stable value and can dump at any time so you haven't had time to sell it, it would be better to invest in crypto using free money
not. I have a principle not to borrow money from banks, local, private companies etc. because I think investing in crypto has a high risk. and everytime I invest in any coin it is the result of selling gift tokens and I use that money for life necessities and also try my luck by investing in other coins. in essence not using personal money.
If you can manage to use your personal savings and allow it to grow instead of taking loans,
it's much better since the outcome may help you to bring more to your money, if you able to
find good projects that gives decent profits, you can continue adding those earnings to your
initial capital and continue rinsing from time to time,.
What do you think of taking loan(s) to invest in crypto? What's your input? Have any of you done this already? Isn't this crazy?
I honestly encourage people not to take loans just to invest in crypto because crypto is a risky way of earning money and guys don't be hype about what you are seeing on Twitter about famous people who are buying cryptocurrency and they are having a profit. If you want to invest in cryptocurrency, I suggest that the money you should invest is that money you afford to lose because the cryptocurrency has big volatility especially bitcoin so to stop having a big loss then you should just risk the money you afford to lose right away. What do you think of taking loan(s) to invest in crypto? What's your input? Have any of you done this already? Isn't this crazy?
My personal opionion: Never ever take a loan to invest in crypto or to invest in anything except it's hour own house or flat or something but for crypto or stocks never take a loan.
Especially cryptos fluctuate so much that a 90% loss of your invest isn't that unlikely at all and then you have to pay your loan with interest too.
I am a very conservative investor i only invest like 5% of my freely available Fiat into crypto, so maybe i am too extreme on the other end. But never take a loan.
Every trading is based on investment, which can make a profit. But sometimes many investors haven't any wealth for investing. It could be to any type of trade. But I'm talking now about a loan when an investor takes a loan amount from a bank for investing in the crypto market. If anyone doesn't have a huge amount or less amount of money to invest then it should be legit and necessary to take a loan. I always prefer a loan issue for investing in the crypto market.
not. I have a principle not to borrow money from banks, local, private companies etc. because I think investing in crypto has a high risk. and everytime I invest in any coin it is the result of selling gift tokens and I use that money for life necessities and also try my luck by investing in other coins. in essence not using personal money.
Making loans with the aim of getting a profit after investing in the crytoqurrency industry is very risky, as we know that the market situation is uncertain and crypto prices are very volatile I mean the price of a coin cannot be used as a benchmark because it can change at any time. My advice is not to do that, if you cannot bear the consequences and are not prepared to take the risk.
It is better to have a sideline or job and use that to start in investing or trading, however if we believe in ourselves and know that we will be able to really learn and earn and will not give until succeed the risk can be worth taking provided we already have the knowledge on how trading or investing really works and how we study to invest in it. Jump to: