Topic: This why wall street are rich and you are poor - page 7. (Read 974 times)
I think that taking loans for crypto investments is rather bad idea. Crypto investments is so risky business that if trader is a bad analytic and doesn’t know for 100000% when alt/token will make next ATH, he can wait a long time even for several years till the growth or lose everything if that alt/token suddenly dump/scam. It’s easy to take loan and invest but that loaned money ends very quickly and then trader face long days of painful expectations, when the time to return loan (and percent’s) pressed for time. Usually when self-confident newbies take their first loan they forever become “slave” of a money borrower and till the end of their lives take loans, pay percent’s, pay loans, take more loans and again pay loans, and percent’s. These become a constant process that doesn’t bring huge money.
They borrow money to buy assets before bull run
They use borrowed money to make more money.
If u dont learn how to use DEbt to create wealth then u stay poor all ur life.
U never use loaned funds just to buy things for u if u dont have ur own money enough.
First rule you use loaned money to make money.
Stocks and crypto u borrow always before bull run and sell ur assets even the real estate when markets are booming u pay back the loan u wait the market drops u repeat the process.
If anyone start doing this no profit for wall street wealthy guys anymore thats how powerful is investing money what u borrowed.
They use borrowed money to make more money.
If u dont learn how to use DEbt to create wealth then u stay poor all ur life.
U never use loaned funds just to buy things for u if u dont have ur own money enough.
First rule you use loaned money to make money.
Stocks and crypto u borrow always before bull run and sell ur assets even the real estate when markets are booming u pay back the loan u wait the market drops u repeat the process.
If anyone start doing this no profit for wall street wealthy guys anymore thats how powerful is investing money what u borrowed.
I'm sorry - but now you can do a "disservice" to people with weak nerves and a strong desire to get rich quickly! First of all, you need to know from whom and on what terms to borrow money. Secondly, you need to know when and what to buy. If you do not have all these 4 indicators, you will lose money and go into debt, nothing more. To begin with, you should generally study what the market is and how it works. By the way - it is worth borrowing money for education
Getting loan for investment is not always the best investment idea. Yes you can be lucky to profit in it but if you are unlucky then you blame and regret because you are going to pay back even from no where. Cryptocurrency is very risky but lucrative however you can't trust it to get a loan for investing in it. People succeed in it but not all the time, if you miss the buying and selling times then it will stay as loses for you. But it is better borrowing to buy landed property because lands always appreciate in value.
Wealthy money-savvy people take loans with their equity as collateral all the time. It's mostly a bad idea especially for the inexperienced, but it's a damn great tool if you know what you're doing; especially today where bank loans are like more or less 2%. You just need to smartly allocate your loaned money correctly.
True wealthy guys do pick up loans and easily but that is with there collateral. and they won't be under pressure or express anxiety when the proceed of the loan is going bad just because they may not have to be put under the bars by the law enforcement agency, the worse is the collateral is withheld and life goes on. For a poor dude, it is not the same. A poor dude may sell off property or borrow from friend of which losing the money means more hard times. Well whichever , whether poor or rich loan takes something from someone if it goes bad.
Why would there be no profit for wealthy guys? It's not like wall street investors stop investing because a bunch of n00bs start doing the same things they do. I mean, look at Game Stop. Did it do jack shit to wall street? No it did not, nothing changes. And also, they have much more funds to throw around than we will ever have.
In Cryptocurrency I don't really believe borrowing money to invest is really a nice idea, you don't have to trust any project anything can happen at anytime that's why you shouldn't borrow money and even if you are investing your own money you should always invest any amount you can afford to lose, What happen when you lose the amount which you borrow, what if you borrow money to invest and you are waiting for the bull run and when it's time for repayment of your loan but your coin is still down or you are still at lost how will you pay back.
Not all wall street firms end up success, many were bankrupt, but you won't hear the bankrupt story. The higher the leverage, the higher the bankruptcy risk. And for sure, real estate business has the highest leverage across industries IIRC. What I want to say is, you don't always need leverage. You can be wealthy from side hustle without borrowing any money. The key is reinvesting your excess income, not from debt.
Getting loan for investment is not always the best investment idea. Yes you can be lucky to profit in it but if you are unlucky then you blame and regret because you are going to pay back even from no where. Cryptocurrency is very risky but lucrative however you can't trust it to get a loan for investing in it. People succeed in it but not all the time, if you miss the buying and selling times then it will stay as loses for you. But it is better borrowing to buy landed property because lands always appreciate in value.
Wealthy money-savvy people take loans with their equity as collateral all the time. It's mostly a bad idea especially for the inexperienced, but it's a damn great tool if you know what you're doing; especially today where bank loans are like more or less 2%. You just need to smartly allocate your loaned money correctly.
Getting loan for investment is not always the best investment idea. Yes you can be lucky to profit in it but if you are unlucky then you blame and regret because you are going to pay back even from no where. Cryptocurrency is very risky but lucrative however you can't trust it to get a loan for investing in it. People succeed in it but not all the time, if you miss the buying and selling times then it will stay as loses for you. But it is better borrowing to buy landed property because lands always appreciate in value.
They borrow money to buy assets before bull run
They use borrowed money to make more money.
If u dont learn how to use DEbt to create wealth then u stay poor all ur life.
U never use loaned funds just to buy things for u if u dont have ur own money enough.
First rule you use loaned money to make money.
Stocks and crypto u borrow always before bull run and sell ur assets even the real estate when markets are booming u pay back the loan u wait the market drops u repeat the process.
If anyone start doing this no profit for wall street wealthy guys anymore thats how powerful is investing money what u borrowed.
They use borrowed money to make more money.
If u dont learn how to use DEbt to create wealth then u stay poor all ur life.
U never use loaned funds just to buy things for u if u dont have ur own money enough.
First rule you use loaned money to make money.
Stocks and crypto u borrow always before bull run and sell ur assets even the real estate when markets are booming u pay back the loan u wait the market drops u repeat the process.
If anyone start doing this no profit for wall street wealthy guys anymore thats how powerful is investing money what u borrowed.
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