Bitcoin Forum

I heard that there were people who invested in crypto, and ended up buying crypto and their money from loans, but it's a shame they suffered losses because they invested in altcoins, but they lacked knowledge and lessons about crypto. but with this incident it made me think that investing in crypto should not result from loans because,,,
will make the mind uneasy, and always in the shadow of the deposit every month.

so in my opinion, don't invest from borrowed money because there will be potential losses, what do you think, do you agree with me?

They always say "never invest what you can not afford to lose" for any market that you want to invest in. Loans and borrowed money is almost always money that people can not afford to lose even though some may still want to take bigger risks and try their luck in this market, these are the same people who are usually investing in altcoins (aka gambling) their money away.

I would rather say don't invest in crypto, only in Bitcoin. Or at most 80% Bitcoins and the rest alts if you know what you are doing. Unless you are one of the alt creators or something like that.

Regarding investing with borrowed money, it's generally a bad idea, and the results have been seen in this cycle, where leverage has cascaded downward. And while I personally avoid debt like the plague, it has to be said that it can be reasonable for some people with sense to use debt to invest as long as it is with a good debt to equity ratio, and making sure they have a good cash flow to make the payments.

If you look at many companies they have a mix of debt and investment, the bad thing is to have too much debt in relation to your equity and/or your income, but some controlled debt gives you positive leverage.

A loan fund isn't yours to begin with, how can someone develop the mind to use such fund investing into something that's highly volatile? The best money for taking such risks is your hard-earned money that you are willing to risk and if you lose it won't affect you mentally, people that take such risk with loan are newbies that have not seen how cruel things could get in crypto space some times, they will learn, the hard way.

Borrowed money may not be a potential loss but there is probability that it can be a potential loss. If you borrow today, you will have to pay interest, the investment may not give you the profit needed to even pay the interest in short time, the investment can be of loss in a way the borrower will not be able to pay and this will result to problem as interest accumulate and the money to be paid become more. Investment can take months or years before substantial profit, the kind of money we can use to do this kind of investment should be the money that we have, not the one that we borrowed.

No and I have a different approach with regards to that one.

Having a loan and using that loan to buy cryptocurrency can still be a viable choice, but it depends on one thing. Time.
When did you buy cryptocurrency? If you borrowed money at the 2nd half of 2022 and invested all of it into Bitcoin, you're into profit right now. You can sell your Bitcoins right now, pay the loan that you get and then go home with the profits that you have. On the other hand, if you borrowed money during a bull market, your chances of getting profit from it will be low and you might put yourself in a difficult situation.

While most of people here don't like that strategy, I like to do it whenever we are in a bear market. You can buy crypto at a cheaper price and in the long run, it will give you profit. Well, of course I don't suggest doing this strategy if you don't have any job that will help you pay that loan. You need to have a monthly income still and you are willing to put a portion of that to pay your debt.

I tried it already last year. I got a loan here, I bought Bitcoin using that money and I'm paying that loan on a monthly basis. What's the result? I'm in a profit now because Bitcoin's price went up already. Overall, it will depend on when did you borrow the money.

Investing in Crypto from laom is very risky, but I don't think some people understand that, especially those who don't have a better job or work doing, because after you take a loan and invest without having any work doing that after the market doesn't go well or it's time to pay the money you can be able to pay without being treated badly or thinking about how to pay the bebt, so my opinion here is that taking loan to invest in Crypto for who doesn't have work like salary earners or business holders is not advisable.

Exactly the people see that some altcoins are giving out good returns to people like their small investment are turning out to be big and that even in small time period they just get blinded by this and hastily invest in them in hope for earning easy profits.They get loans or borrow money from someone also but they completely ignore why the coin is rising and is there any utility deriving factors that are pushing this price movement as in reality it's just pump dump scheme under which mostly they earn is loss.Then they start blaming the whole market and calling it a Ponzi without even understanding it before as they invest only for greed.

But the trading rule says if you can't afford to loose that amount then you should not be putting it and this is not guaranteed return which can assure you that with profits you can pay back the loan so why opt for these ways? If you have in mind long term goals then stick with bitcoin that will give you returns overtime and some sort of guarantee but again invest what you are not afraid to loose.

Those people keep wanting to make an investment well it's on the reality even in the assets in real estate people make a loan just to make a business and wait for the profit and let the asset pay for their loans that's a wise debt but in crypto the market there's no assurance with it and the volatility does not always gives a good market profit that's why how it works and not ideal to make an investment that you cant afford to lose if you got in a timing that you have a good wave of the market pump good for you because you earn but if not and make a trade surely you get a lot in debt.

Should go without saying, usually loans are fixed terms, and even if you think you know the market you're likely to get caught out eventually. It's a terrible idea, really. In fact, you shouldn't be using anything, but your own money to invest in anything. These days, people rely way too much on money that isn't them, and it's the perfect business strategy for the banks.

I'd say stick with the Bitcoin concepts, and stop relying on banks. That's one of the very fundamentals of Bitcoin, so why would you rely on the banks that are giving you the loans to get into Bitcoin. I know the answer it's speculative investors looking to earn a quick buck rather than actually thinking Bitcoin is worth something, which again is missing the point. My belief of Bitcoin comes from its core principles, and that's why I believe ultimately it'll continue to rise in value.

I fully agree.  The idea of borrowing money to invest is crazy.  Get money you do not have to hope for a profit you may never get.  Not only you get soaked up in debt, you may never see that money ever again and continue to be in debt for many years.

We should maybe add 'never invest money you do not have' next to the idea of never investing money you can't afford to lose.

-
Regards,
PrivacyG

I personally don't see anything bad in taking a loan to invest in crypto, particularly bitcoin. For it's just same as taking a loan to invest into normal conventional business which you're not still promised of making profits at the long run cause losses can take place too should business go wrong.
The only issue we should direct our point to is that for you to take a loan to invest into crypto make sure you're well skilled and strategic about the crypto industry not just blindly jumping in with a loan out of believe that by luck it might work. That's when it's bad.

The difference is that you can get rekt regardless if your bitcoin/crypto thesis was right; due to a lot of factors(economy, regulations, FUD, etc). With a conventional business, while there are also factors that could be unforeseen, a huge majority of the results would totally depend on you and your performance.

Initially I will say I agree with you, because getting loan form some were to invest in cypto is very not right.
Getting the loan is not the problem but do you understand what you are about to invest in!!
Haven't taken the loan you need to understand, study and learn how cypto works and how it's been carried out too.
It has once happened to me I borrowed a loan of about $500 to get in to cypto and I was not even educated about everything in it and I lost a hole money and it became am problem forme to pay back but God helped me and I was educated on it and I get to pay back the money with interest. It is never advisable to borrow loan to invest in cypto because you cannot predict what will become of us.

How possibility with investor or businessmen take loan and use it for their start up capital, there are have two possibility with start up capital between loss or profit. I don't think problem when using loan for investing in cryptocurrency and he has competence how to manage with consistency earn profit and success repay back his loan.

There are not mistake when taking loan and keep worth for investing in cryptocurrency, but need experience and have more education for taking risk for investing in cryptocurrency, I don't think with my ideas is good advice financial because not recommended for the other investing in cryptocurrency from loans.

I agree with not investing in crypto from loans. Loans are borrowed money and it is very risky too use since it is not yours. What if you invested it and you loss? You don’t have the money to pay your loan which is a very bad thing. Somehow using loans to invest has a difference with your own money when investing, you’ll probably take care of it and expand your earning through the money you borrowed.

until now i still have a business whose initial capital is the result of my loan ^{(of course this is not recommended)}, i was very reckless at that time because i was thinking about future prospects and thankfully so far i have been profitable and my debt has been paid off a few years ago.  from what i'm saying is you have to be able to see the prospect of a crypto asset that you buy, if you buy bitcoin with borrowed money then your chances of losing are small ^{(see what el salvador has done)}, avoid buying altcoins whose price is rising because it only depends on the hype.

Note only on other cryptos you're not expected to take loan on, even if it's bitcoin don't dare yry take a loan to invest, the problem is that people got enticed from the adverts they receives from exchanges to invest on a particular crypto without telling them the risk attached if they do so, in this same vein we always encourage neebies to learn first before they started investing on anything and after which they have acquired the knowledge to a certain point we then recommend them to have a start with bitcoin, when bitcoin fall in orice it rises while some other cryptos dont, some cryptos were also a scam project introduced in form of crypto to investors, but all these can be avoided if you really know what you're doing and not working by what they are saying.

You are undoubtedly correct. is very risky to invest with borrowed or loaned money because you could lose, and if you lose and are asked to repay the borrowed money by the time it is due, it will cause a big problem. If you are unable to repay the loan, you risk losing your home because the person who gave you the loan won't let you leave when it is time to pay it back. Therefore, investing money that you cannot afford to lose is a bad idea.

Of course, I tend to agree with this, it seems like you've hit a double-edged sword.
First, paying the interest on your debt and two paying your losses by investing in altcoins.  That's terrible if that will happen, I don't know how you'll recover the amount that you've borrowed and invest in altcoins.  It seems you gambled in that way.

Invest only what you can afford as always we advise it here.
Don't gamble in altcoins if you don't have proper research on them because it's a risk, don't believe in high risk which means high profit, no it's likely to lose your assets in that way.

Stick to Bitcoin if I were you.

I agree that we should avoid loan as much as possible especially when we are investing in a risky venture.  It is better to invest our own money and lost than having our funds coming from a loan and got lost because not only we lost the initial capital, we need to pay for the interest too.  Meaning if we invest and lost the loan money, we have to pay more amount due to the interest rate attached to the loan amount.  This means we have lost our money twice already.  One is from the investment capital and the other one is from paying interest on the loaned money.


It is not advisable but you can still loan and invest in cryptocurrency.  There is no rule or regulation that forbids us to invest our loaned amount in cryptocurrency.  It is that many financial experts and gurus do not advise this kind of approach. 

If you have the job and be able to pay for the loaned amount in time without selling your investment then Iam ok with loaning and investing it on Bitcoin.  In investment there is always a risk whether you own your money or not, but if you are good with risk management then by all means you can have a loan to fund your Bitcoin investment venture.



Does this mean it is ok to have a loan and invest it in Bitcoin?

There are a couple of problems with this way of thinking. First it depends heavily on market conditions. For example taking a loan and investing in bitcoin during 2017 when price was going up every month would have been a good risk to take but the same thing in 2022 would have ended badly, although an investor who is not investing borrowed money can hold but not someone who has to pay back the loan.

It is even worse when we are talking about the altcoin market. What you call "skilled:" is not defined there because we are facing a very manipulated market and no amount of skill can really be reliable in manipulated markets that are being pumped and dumped for no reason.

Some people claim they don't see anything bad in taking loan to invest in crypto, how come? Because panic and emotional is part of the game, how can your mind be at peace when you knew the money you invested is not yours? You won't be able to have peace of mind, whatever is happening on the news about crypto you will always want to know, because its a risk you aren't ready to take, you take loan because it's your only option left.

Those people take the loan mostly because they are over confident that they will beat the market and gain profits out of it.
But crypto is highly unpredictable which is why many times these people lose their money.
The problem is not taking the loans but paying them back with high interest rates.
It becomes a major problem when the trader has not used a stop loss or has not taken an exit from his trade.
He keeps losing money and eventually sells off at lower prices or has to keep holding until the prices recover.
The banks benefits from such situations where the person is not able to payback the loan for a longer time since heavy interest rates are then imposed on the loan amount.
This is the only reason why they say NEVER take loans to invest in crytpo/stocks.

I think as one of the beginners. when you want to invest, you better use your own money, rather than using borrowed money. because when you lose when investing using borrowed money, you will also get dizzy 2 times. In my opinion, the investment must be careful not too hasty.

but for example, if we lose but use our own money, of course we will feel bad. but using borrowed money feels bad more. and yes, we can take this as a lesson that, before we do something / invest, we must think carefully and find out all the information about the coin.

Regardless of whether you borrowed the money or not, the potential of losing is always there.
The negative side of a loan to invest in a crypto is if you lose, you will lose the money, plus, you will also worry about the loan interest. Personally, I believe we should only use borrowed money if it has very low interest, otherwise, hold your self up. Of course, where you will invest matters, for this case in crypto, investors should have knowledge of it before proceeding.

Investing with borrowing is the most stupid thing to do. Those who have invested in loans have been destroyed in one way or another. Be it Bitcoin or Altcoin, it must be remembered that investing cannot be done by borrowing. Market dumping can happen at any moment after investment. Then you may not find any way to repay the loan. Meanwhile, you have to pay off your loan, then you have to sell your house and land to pay off the loan.

Those who are thinking of investing by borrowing should remove this thought from their mind. If you want to invest, invest with your own money. You won't break even if the market is dumping.

Not only in crypto, but even loans taken for business needs to be put to work very carefully. You cannot just invest your borrowed capital into something that you are not sure of running profitable, since you need to pay that back - with interest.

About crypto, it is only recommended to invest only what you think will not affect you or anyone in any way if it's lost.
So, it is definitely not recommended to borrow money and trade cryptocurrencies with it, unless you are a 1000% sure that you will get some profit out of it which is very rare.

But it can go the other way if the market is pumping.

In short whether to loan or not depends on the:

Person's ability to pay
Person's ability to assess the risk
Person's knowledge of risk management
when the person is seeking a higher yield than the traditional fixed income
when the person is comfortable with the risk invovled in the investment
when then the person has a strong credit history and the loan is well-secured
when the loan purpose and terms align with his investment goals
when the interest rates are favorable
when the person knows how to diversify

All in all getting loan for investment has its pros and cons, though many advise against a loan in investing, there are moments when having a loan to fund a person's investment goal is a good thing and can be a life-changing event.   I happen to know a friend who setup a restaurant, his investment came from a loan, and he was able to pay the loan in 1 year's time, and after 3 years of operation, his restaurant has several branches all over the region. 

This might sound different but in the same time the same.  If a person is able to identify risk and has knowledge of risk management and is familiar with the risk involved in the market, even with a loan as starting funds in a cryptocurrency venture, I believe there is a chance of success.

I still believe that investing with our own money is the best thing but loaning can be an alternative if we know what we are doing else just forget about the loan idea for investment.

You can take out a loan only if you can reliably predict a profit, which is impossible in the cryptocurrency market. So if you take out a loan to invest in cryptocurrencies, it will be similar to a casino: you either guess and get a profit, or you lose and lose the deposit.

If they won't be able to pay the monthly payment they shouldn't be investing on crypto.

Taking loans need a stable job in order to pay the monthly mortgage plus not to mention what kind of collateral you are putting if you failed to pay. I don't understand how people would just suddenly act fast without considering that second thought of having a "what if".

In most worst cases, there are even people who suddenly quit their job or sold their house just to invest in Bitcoin during those bullish days. I bet they are struggling these days and having a tons of regret after of what they've done due to their impulsive reaction. This type of behavior can be avoided if they truly understand the risk.

Personally I don’t invest in any Crypto-currency even bitcoin with loaned money really an uneducated risk. Yea it’s possible you know someone who has taken up loans and invested in Crypto-currency and got good returns on investment.

The success rate of the is not always 100% and also with the volatile nature of crypto-currency you can’t be able to determine if you would be successful within the duration of your time of the loan.

I am sure you know what your saying but for the sack of clarity so newbies don't get the wrong idea, I'll like to straight out on this a little bit as your obviously right but,

Crypto is bitcoin and all the other altcoins inclusive. Now, being asked to invest only on bitcoin doenst necessary mean you going about trading it. That's where you might be in for a bumpy ride and it doesn't matter if your a pro trader or not. You can lose as much as you have put out for a trading capital. Its been happening and its still happening.
Because, you put yourself under a different kind of pressure that says, you must make profit or returns from most sessions of your trading and that can lead to bad decisions and that's disastrous with a borrowed fund. It's never idea.

Don't invest in cryptocurrencies if you can't afford a loss, we frequently advise. In this case, borrowing money to invest in cryptocurrency is completely prohibited. Usually, we invest in cryptocurrencies using our extra funds, which is a smart move. How are we to invest in cryptocurrency with money that isn't our own? This would be a foolish choice. Cryptocurrency prices are extremely volatile and can fall at any time. We either have to wait longer or it won't recover. Thus, the danger is always considerable.

Even though the interest is low it is better to stay away from loans when trading skills are still far above average. If you just want to continue trading without qualified skills, it will only accumulate debt and will become a new problem. Loans are only intended for those who already understand and know what the risks will be and have good trading skills. Investments don't have to be forced on borrowed money, using the little money you have on a regular basis can certainly be better.
Some people who force trading using borrowed money and end up losing, have to bear returns along with interest every month or within a certain period of time, it will become even more of a burden.

On our Local Board, there is already a Thread warning of the dangers of investing/trading using borrowed money. The thread created by one of our seniors (masulum (https://bitcointalk.org/index.php?action=profile;u=1283017)) with the title [Untuk Newbie] Alasan Untuk Tidak Trading Uang Pinjam (https://bitcointalk.org/index.php?topic=5366303.0) has made some of our local users avoid investing/trading using money from loans. The contents of the thread are described by attaching points of risks that can arise when investing using borrowed money.

The conclusion of this thread is never to force yourself to enter the market using borrowed money, invest with cold money that is not used for any needs in real life and if a shift occurs you are ready to lose the money.

Investing have ups and downs, in the real world, investors also borrowed money, from banks and people, as their capital for investment and business, and i think there is no difference, in digital world, I think the only question is how long until you get the profit or tolerate the hodl mentality, and there is always two result from this, but what like other said, spend what are you willing to lose, lenders will lend you money if they see you, as a good payer and check your background, so if they see that you can afford to pay, they will give you the money you need, wise investing should always be your priority and taking profits right there in then.

Wanting to take loan to invest in crypto just couple months back, though market is relatively up since then.

I was thinking to buy ether and hive so even had I taken a loan it would have been ok. But, justified myself with same thoughts, i.e, it would make mind uneasy and in shadow of deposit every month.

I would rather have peace of mind. When markets go south, loan people get f'ed.

Never invest money that you cannot afford to lose, as the saying goes. It is not advisable to invest in cryptocurrencies with loans because they are a 50/50 proposition, and if they fail, the issue won't be how to recoup your losses but rather how to repay your debt. This is true for any market that you want to invest in. Because cryptocurrency prices are erratic, it is advisable to invest with your own funds.

Losses will have a very sad impact if the initial capital is the result of a loan, so this is the difference between own funds and borrowed funds. Because borrowed funds always have a greater burden and mental pressure on those who borrow, so when they experience a loss, of course it will be very sad for him. That is why it is not very good to get a loan if you want to do something that has risks.

I don't agree with you, but not entirely. It's good to have advised people not to take loans for an investment, it's wise as it's not the kind of money they can afford to lose, so it is against the principle of investment. However, Bitcoin is a different kind of investment, and if anyone could see it at a low price and take a loan for it, it's not bad in my thought as I can do this, "without risk, there will not be gains."

Also, there are certain times you invest in cryptos, like the halving times. A lot of people got their wealth in the last halving due to this, and many even took loans in my country that they offset easily and became rich.

I really agree not to use borrowed money to invest in crypto because it has a big risk where we have to pay back the borrowed money every month.
In addition, we know that the crypto market is always changing and does not guarantee that we can always get profits every day or month.
Instead of taking that risk, we should invest with the money we can afford and even though the amount is still small, it won't get us in trouble.
And our investment will give good future results, especially if we can regularly invest every week or month.

Of course I agree with the reasons you convey, investing from loans is ridiculous and too risky.
Investing with personal money is already risky, let alone using money from loans, it will only add to the burden on our minds.

I think that from the case you presented, we can learn a lot of lessons before starting an investment, namely.
The importance of understanding the risks when investing, not just knowing.
Do not just invest in any altcoin, because it has a greater risk.
Don't be greedy and have high hopes for any altcoin.
Must have good financial management when investing.
Or maybe someone else can add what we can learn?

yeah, as much as possible avoid taking loans unless you have a proper means of paying them back.

I agree with this but it is sad that there are a lot of people taking loans without any certainty of being able to pay it back and thus putting themselves in a much worse situation, what's worse is that there are people taking loans from loan sharks.

Well I believe people should have heard alot about series of regrets associated with taking loans to invest in crypto be it Bitcoin or whatever altcoins.
I will personally kick against any form of loan that it's purpose is for trading or buying of Bitcoin because at the end of the day, if the trade or market doesn't go in their favour and then goes against them , there might be no other possible way to return the loan and interest and bu so doing, there might b series of dispute and misunderstandings.
People should for no single tangible reason ever take a loan to invest in digital assets like cryptocurrency dues to it's bigh rate of volatility.

Everyone shoulda known already that a business shouldn't be built on loans and borrowed cash, it gets chocked up severally and in almost every case, the victim either gets into a huge trouble that could eventually lead them to becoming emotionally traumatized...lame
Instead, the least, little spare cash could go a long way without stressing much -- going hungry atimes just to invest... Bitcoin stays as a "store of value" when you've got spare cash you don't wanna spend carelessly? Then you get 'em HODLed ASAP.
Don't try to borrow; you'll eventually get disappointed as the influx isn't exactly the way you think -- which is the same reasons why anyone I'm prolly redirecting to, shoulda learnt it what he's going into.

Sandra 🧑‍🦰

Investment is investment and nobody should be blame when investment goes wrong, because it's obvious that investment is been classified into two categories, which is ( positive =profit) and ( Negative= lost) getting loan to venture into investment it's never be a bad idea unless you don't know the condition of the investment you want to venture into, because i have seen some people today who are prosperous in business today and they made it by taking loan. So the aspect of alternative coin [altcoins] kind of investment, if you should peruse into cryptocurrency investment you know that altcoins gives more profit than Bitcoin, the issue is that to be able to fish out the altcoins that have a good potentials to invest with. Investment can be wrong sometimes and can be also be good, it depends.

I think it is better not to invest in crypto platforms with loans.  I am always against it. Investing in crypto platforms with loans involves a lot of risk. I have seen some people who only saw the positive aspects of the crypto platform and invested in crypto with their own wealth and some more wealth loans, today they have lost everything and are completely destitute. They carry the burden of debt everywhere. Always suggest to get a good idea about the investment first. Stay active in the forum regularly. Then if you feel that you have enough understanding about investment then you start investing with small amount of money first and gradually increase your investment amount.  But never invest in crypto with a loan from a bank or a loan from someone else.

Many face a problem when they need to take out a loan from a traditional bank due to a low level of income to repay the loan. And as a rule, such a problem is solved by them due to the leverage provided by the exchange. Sometimes very high, which leads to the loss of the deposit.

Defi actually works like that. Its not bad if you knew what you are doing. I see some who uses borrowed loan from defi projects and actually like earning without using any of their money at all. Thats cool, but for some reason we kinda feels like its too dangerous, of course it is. Its just a matter of perspective on how knowledgeable you are to use that kind of method. Loan arent bad but make sure you know what to do.

It is advisable to risk what you can afford to lose, investing in crypto is like risking quite some amount of fortune in order to generate multiple profit as another source of income. Bet borrowing loans from external sources in order to fund an investment on crypto is not a good one at all and it’s not advisable because you don’t know which of the altcoins will eventually turn out well to yield a good outcome for you and if it is the other way round, you might lose all your investment which will result into a huge loss. Most altcoins are not 100% reliable when it comes to investing on them rather that’s why a lot of people prefer investing in bitcoins rather than every other crypto.

Taking loans to invest in Bitcoin or any other cryptocurrency is a very bad idea, It is not advisable at any cause, because investing in Bitcoin requires being patient and that is the beauty of investing. Investing requires patience and since one invested loan money, his or her mind will not be at peace because the loan money need to be paid back within a given period of time, that is why it is advisable to invest the amount of money you have and what you can afford to loose, your own money not loan money. Another thing is to be aware of the cryptocurrency one is investing in, it is advisable to invest in Bitcoin.

You have spoken well, and there is nothing bad in taking precautions especially when it's in line with a safe investment practice. As much as I agree, I also tell you that there are some investments worth taking loans for, particularly in some conditions. Whether it's a loan or not, a good approach matters in investments, and there are conditions in which you will hardly lose.

Now, am not referring to direct trading online, but investing, and a few of the assets I can work with in this regard are Crude oil, Bitcoin, USDX and US 30. In all rules, there could be some ways of bending if you are experienced enough, and in my experience, those markets have their lower moments in price that you can take loans for. Big companies do this, it's just that it's more difficult for retail investors since they always want urgent results.

And if you are such that does not understand the market psychology much, loan-taking is outrightly bad.

Many people always think that getting a loan is very risky and should be avoided. But I have known so many rich men who became rich by taking loan and investing in a business.
The poor man goes to bank to deposit money while the rich man goes to the same bank to take the money deposited by the poor man and invest with it.
Do not be afraid of taking loan if you are sure of the business you want to go into the return and risk in it.

I have some people that went for loan to establish a business after a year they were able to pay their loan and multiply their businesses. It is all about planning and knowing a very good business opportunity then if it is in cryptocurrency you only have to go for loan when the market is very down and the loan should span upto 2 years and above

that seems to be the difficulty. Look for loans with long term returns. banks can't do that, because they still require payment for a certain period.
The method you provided is indeed applicable. invest in declining markets. but the return time may be very difficult to obtain. unless it is the result of a loan from your brother. or maybe our colleagues.
but still, such a way for me is a high risk. I would prefer to use my spare money, regardless of the amount.

The worst thing any individual will do is to take loan and invest in crypto (I.e most especially altcoins), because even if it's Bitcoin, I do not advice anybody to do so, because due to the fluctuating volatile nature of the market, it is more riskier putting the faith of your loan which has a compounding interest on a coin which you don't know if it's value will rise or fall. Because there are basically two kinds of money you shouldn't invest in crypto.
1. A loan (I.e because it yields interest)
2. An urgent money (I.e money you will likely need it's use anytime soon)

Making borrowed money to invest in altcoins that have a very high risk is the most reckless thing that beginners do. those who do so are those who cannot control their own greed. and well it seems they don't understand the risks they are taking. they should at least understand what they are doing. they forget that investing can only be done when we really have more money or leftover money from our daily needs. not even just to invest in crypto. investing in other sectors must also have the same concept, namely using the remaining money after all our needs are met. and using borrowed money will certainly put the person under mental pressure. and i hope we all just have to invest the cold money. so that our mentality remains healthy.

We should avoid all loans from investing in bitcoin or altcoins because of the risk of loss and forcing us to invest for the long term when losses from market impact decrease significantly, so the two different loans are not feasible for the purpose of investing in crypto and it is better to use other funds even though the funds are low but not bad for investing in bitcoin in the long term.

Me I no support say make anybody collect loans invest in crypto oo, to me I see am say crypto just be like gamble, you no dey guarantee of 100% profits, you fit gain you fit lose too,
And most of this loans wey people dey collect, some of the loans dey get unimaginable interest, wey be say as you waste time to pay the loan na so the interest go dey increase,
Now come imagine say you come invest the loan into crypto and you come lose, that one na double wahala for dead body now, you fit lose property follow sef, cos I know say no company (firm) go give you loan without collateral,

Abeg my people make una think am well before una go collect loan to invest in crypto because e dey risky as you no dey 100% sure of profits...

This not advisable more expecially for beginners who are new in crypto because they do not have any experience about the crypto market,  it is not guarantee they can make up profits at the specific time they wish. And it is not advisable for people who don't have steady source of income to borrow money to trade or invest in crypto.  Crypto is very risky and it is not ideal to invest another man's money to invest what can't be predicted when profits will take place.

You have to realize that the money from the loan is not yours, but when the initial plans don't go as expected, the risk will be yours. It is not recommended to invest in Cryptocurrency using borrowed money, cycles of investors who dare to descend into the crypto market with borrowed money very rarely end in profits. Apart from having to pay interest to the lender, investments with borrowed money are very likely to suffer multiple losses.

Here's where they made the mistake, first they were new and ignorant then secondly they wanted quick gains due to greediness. Loans are that bad but don't go for it when you're still a newbie and yet to familiarize with what is happening in the industry. You know most newbies are yet to understand that the market moves in circle in the sense that we have different market seasons. This noobs think the greens they're seeing in the market will continue forever and this clouds their judgement then in cases when the capital been used are borrowed money then the cause more problems for themselves.

Newbies are also known to chase after the hype not knowing that, in this industry, hypes come and go. Basically as a newbie you should avoid any other source of capital that isn't spare funds that if they get missing you won't be worried because you'll definitely lose money before you can make money in the industry. Invest small so your learning stage won't involve you risking much so it doesn't lead to discouragement.

I agree to some extent you can borrow and invest as long as you can pay it and you are investing in coins that have proven their worth in the market, one example of this is, it's a bear market and you trust that the market reached the floor and you have money coming in but it will take weeks or months to receive and there's a possible loss of opportunity, so your only option is to get a loan but be sure not to get a loan from a loan shark.
What's not worth or should be avoided is taking a loan without a guarantee of where to get payment and investing in new coins because of the hype, this is very risky and will result in a loss.

if you use borrowed money to buy altcoins in this category > no track record yet - reputation - use case - new project, then I guarantee 1000% you will lose.
First of all, even if you use your cold money, basic knowledge of what you are going to buy is very important because many people cannot tell the difference between bitcoin and altcoins and when they see the price of bitcoin, they choose altcoins whose prices are much lower due to lack of that understanding.


I don't recommend borrowing money for crypto investments, but if you have the ability to pay in installments per month, why not give it a try? some time ago I managed to buy bitcoin at $17k with borrowed money and now if I sell, I am already profitable but I have no intention because I intend to pay in installments from my side income.

Even if you invest in reputable altcoins, topcoin has no guarantee you won't lose. There is no guarantee that a reputable project will not collapse, investing in altcoins is more like gambling than investing. Looking at CMC, I barely see the top altcoins of 2017 anymore, some have been replaced, some are gone forever. I don't hate altcoins but when investing in altcoins, define it as gambling.

Altcoin projects always introduce new technologies, utilities, and use cases...but have any projects been applied in practice yet? Not yet, all it's a game of pumping and dumping.

Even when I was a newbie, I kept hearing it a hundred times about investing an amount we can only afford to lose. Loan proceeds are not savings, it is not extra money and it is not an amount we can afford to lose.

I'm just sharing my current situation. I've been mentioning even here in the forum too that I am tempted to sell my house in order to invest more into crypto, especially on bitcoin while the halving is nearly a year away. So just today, some of my crypto friends advised me to just take a loan and make my house collateral in order to bargain lower interest rates. Not that I will follow their advice but I am so surprised that they were already taking loans earlier. What surprised me most is their interest rates ranging from 0.39% to 0.69% per month up to 3 years. I just can't believe especially that 0.39% because the standards in my country's loan interests ranged from 18% to 24% per annum.

This topic already has had plenty opinions which I am sure many do not agree that loans are not ideal to be invested in cryptocurrency. But I will like to ask a general question. What if the loan was given to you and the person who gave you the loan does not really mind when you pay back or if you pay back? Is that kind of money good to be invested in cryptocurrency most especially bitcoins?

so true. crypto even has a very high risk. and if someone invests in crypto with borrowed money then i think he has doubled the risk taken. even I doubted whether he would still have peace of mind. investing with borrowed money will actually make it easier for someone to feel panicked. and panic in investing can be fatal. then it is appropriate for us to avoid borrowing money to invest.

Well, if this person understands all the risks that you will not repay the loan to him, then you can do anything with money, including investing in bitcoin. But such people are actually very difficult to find who are willing to part with their money, unless it's about parents.

A new investor is highly motivated to invest in crypto. At one point he plans to borrow money to invest due to the hype, which later causes a major disaster for the investor. There are bubbles in crypto that can burst at any time. It is often suggested that an investor invest only as much as he can afford to lose. If you invest with borrowed money, it is good if you make profit, but if you make loss, you have to lose from all sides. Those who have sufficient means of payment are generally the ones who are apt to borrow, otherwise their borrowing money will become a great curse.

I wonder where anyone would get such kind of loans  ::), but if you somehow manage to get this kind of fund it is good for any investment. But invest all in bitcoin in 2-3 years you will get enough profit to repay the loan and take profit for yourself. Always plan for long term holding with bitcoin and don't don't go for day trading you might lose all of your assets.

He/she could not mind, but as a loaner, you still have to make sure you don't smear your reputation if that is something you care about, because this can resonate far within family and community.

This is something that can have a cumulative effect over time, it can make or brake your future chances of making any kind of progress in life.

Regardless of whether without or making aoan, IMO - investing in crypto is high risk. The risks are real but can be minimized if you are willing to study hard. Markets sometimes don't work the way we expect, prices can move in all directions and it's hard to keep them stable.

Start with yourself before you make a loan, and I never recommend loans to invest in crypto even if they have collateral. It doesn't matter if you only have a $100 or $200 investment budget ^{[you'll be fine],} as long as it's yours then you'll never be weighed down by other things like overdue loan payments.

Taking loan to invest in bitcoin is not really bad but you have to put some things into consideration. If you are taking any loan make sure your repayment period shouldn't be a short term, make sure the interest you are paying on the loan is not really much, make sure the loan you carried should be invested on bitcoin alone, make sure it should be any amount you can pay back even if anything happens to the coin you bought. Incase if anyone is planning to take loan to invest in bitcoin, the person should be a professional, newbies should stay away from taking loan to invest.

I think their is actually no problem if a newbie wants to take loan and purchase bitcoin for a long term investment. Why? Being exposed to this forum can make even a newbie an expert in no time especially if he is truly here to learn, the varse knowledge the forum provides is always enough for serious newcomers who are willing to learn to fully equpt themselves on the basic knowledge on how a bitcoin investment works. You can acquire a long term loan with low interest rate you can be able to pay back for such motives.

It is good advice for newbies to stay away from taking loans to invest in Bitcoin or any cryptocurrency. Why should they?  I mean, unless as a newbie here, you had experience trading or have invested in crypto and have a basic knowledge of how to go about it, why would you try to rob Peter to pay Paul.i.e., why take a loan to invest in crypto?
Even those who are experienced enough know how hard it is to take a loan to invest in crypto, because any mistake due to poor investment strategy might result in debt and deficit.  Always seek advice from a mentor with proven track record of investment in crypto, mostly as a newbie, before trying out investing in crypto.

I think that you should change the title but it's up to you if you change it or not and I don't mind if it stays like that. Anyway, it's up to them if they want to invest in crypto using their money from loans ans there's nothing wrong with that unless you don't have a job to pay the loan if you didn't earn profit the investment. What I can say about the situation is that they invest without research that results in losing profit. As what others said that taking consideration is important which you can have a plan for the loan if you are planning to invest using it.

Even if they invested in bitcoin with borrowed funds, they may incur losses due to the market's volatility. Borrowed money has a payback period and may force an investor to exit the market when he or she is already trading at a loss. A prepared trader will not trade money that he or she cannot afford to lose in cryptocurrency because they are already aware of the potential risk that comes with investing in them.

If someone invests by taking a loan from someone, then he will always have two tensions in his head, number 1 is when he will be able to repay the loan and another tension that he will not lose his assets. Because we know that investing in Bitcoin and other Crypto industries involves a lot of risk because you can't tell when the market will go in which direction. So I think it is better to invest some part of your own money instead of taking loan.

Something I have learnt from gambling, is never gamble with borrowed funds because you will be playing with targets in mind which could be unrealistic and you end up being greedy.... Solution here, lets just live within our means!

Btw a loan is a liability on its own, and having to take out a loan to invest in another asset increases your risk exposure. What happens if the investment goes south and you went all in on it... It means you not only lose out on the loan, but you will also be running in negatives with the crypto investment... meaning you have lost 2 items in one shot. Let's contain our risk appetite to maintain good financial relationships with business contacts, friends and family.

Let's be honest with each other, as a newbie even if you are in the forum and you are ready to learn, I won't still advice any newbie to take loan to invest, you can't join the forum and learn everything within a short period of time, even high rank members in the forum are still learning, as a newbie it will be kind of difficult for them to just keep on looking at their money reducing after investing, and the funniest part is the money those not even belong to them, some might definitely panic and sell at lose. If you are investing in bitcoin, always invest any amount you can afford to lose.

Yes I agreed with you. If a newbie eventually invest with a borrowed money that's means he's about to get huge loses in the market. I don't think a newbie can have the mind to invest with a borrowed money. But most gambler can do such thing. What am trying to say is that if the newbies wasn't a gambler I don't think he/she might have the mind to invest with a borrowed money. It's only a gambler who can invest with a borrowed money. But of a truth it isn't advisable to invest on Bitcoin or any coin with a borrowed.

Losses would only be proportional to him depending on how much his investment was worth, meanwhile he would not accept any losses as long as he did not sell them low. But I think only freedom and responsibility will encourage him to make decisions that will most likely cost him if he can't repay the loan on time.

In some cases, you can. For example, if you expect your salary to pay off loan, while you loan to buy low.

Of course not, but some people on a regular salary can do it if necessary, but beginners are not recommended.

Taking a loan itself is a risk, especially for people who are not sure they will repay. Investing in crypto is another big risk also. So using loan to invest in crypto is two different risks and it is only a renowned risk taker that will be able to take a loan, invest in crypto and still not pannick.
For me that is a big stress but to others it might not be as stressful and scary idea as it appears to me.

Investing from borrowed money will face two risks and no one even dares to invest from a loan, you will not focus on investing using a loan and will not reach the profit target if it is for short-term trading, so if the market changes direction again it drops significantly then it is a big risk wait for him and he will not be able to pay off the loan on time.

it is advised not to invest in cryptocurrency with a borrowed money or money taken as a loan from financial institution but this does not mean that people do not prosper when they borrow money to trade cryptocurrency. There are many factors that will determine the success of he who borrows money to invest in cryptocurrency. One of those factors is that the person must be an experienced and a professional trader who manages his finance, risk and control his emotion in trading

Oh Yes! Using loan money to invest in cryptocurrency is a first step toward risking losing all of your assets; this violates one of the most important rules 'a disclaimer' one should follow when investing in cryptocurrency. They always say that you should only invest what you can afford to lose. That is, you should be mentally prepared for whatever the outcome of your investment will be. Using money from loans is a form of inward suicide because it can affect your natural well-being and cause you to do things that endanger your overall well-being.

In my honest view, it is preferable and less risky to invest in assets such as equities and bonds, which are known to be less risky. They have the ability to deliver a more reasonable return on investment than to lend money for crypto investments. Assume you've taken out a loan to invest in bitcoin. What if the price declines and the investment loses value? What occurs now is that you are liable for repaying the loan regardless of the profitability of your investment. Are you going to be satisfied with that?

The general rule for cryptocurrency investment is that you should not invest money that you cannot afford to lose; and, in all aspects, a loan or borrowed money is money that one cannot afford to lose because he or she must repay the money to the original owner.

I'm not sure why some people are forcing themselves to get involved in crypto trading even if they don't have their own capital to start the investment, and some of them go straight to start investing in some hype sheet-coins thinking they will get their money doubled or tripled in a short period of time, which is completely incorrect. Bitcoin investment is a good investment but try and acquire basic knowledge about it before starting your investment.

The same can be said about investing in shares, and although the volatility will not be so high, but you are also not immune from the fact that the price of shares may fall, you will need to repay the loan. If we are talking about bonds, then the income on them will be significantly lower than the repayments that we will need to make on the loan. Credit for buying cryptocurrencies is no better, so I would not consider this option.

Op I agree that borrowing money to invest in cryptocurrencies is never a good idea. In reality, how can you obtain a loan and invest the money in cryptocurrency when you are aware that it is not 95% reliable? It holds the opinion that anything can happen in the cryptocurrency business, including price changes and someone  can even lose all money if wallet is  not properly secured.

According to my own observations, a large portion of those who take out loans to invest in cryptocurrencies are those who lack information about the technology and mistakenly assume that  they can easily make quickly money from there

No cryptocurrency specialist, in my opinion, would advise someone to take out a loan and invest in cryptocurrencies. In other words, only invest money that you can afford to lose.

Generally, beginners want to get rich instantly from crypto investments without considering the risk of loss and paying off loans from very high interest, so it's certain they can't afford to lose the value of their investment, investing from loans is not feasible for long-term investments because you pay off the loan on time if you don't want to in fines.

With the little information I've gotten so far about cryptocurrency and trading, one should invest what he can afford to lose. Imagine investing with loan and at the end of the day you lost out, what will you do?
For me it's not a good idea.

The fact is that bitcoin does not give such chances of quick benefits as altcoins. Sometimes it can show good growth in a short period, but altcoins will usually make three such spurts. The question is to guess when this jump will be. And the loan will not tolerate repayment after too long a period of time, it is more profitable to give it as soon as possible.

Investing with borrowing is never a good idea. Ever since you took out the loan, your loan amount will continue to grow. Suppose you have taken a loan of 100k money with 10% interest. Then every week you have to pay 1k money. If you take 100k money  then you have to pay extra 1k money per week. Thus you have to pay until you can repay the money. So if you take a loan and invest with that money and if you lose in that investment then how will your position be? So I would like to say that none of you should take loans and invest. To invest you must invest with your own money. Otherwise put your investment on hold.

Whoever invested in crypto with loan money what's he up to? Is he trying to be bedridden with the shock of his life? Although some people can be funny at times, taking the wrong step in their crypto investment.

Due to the volatile nature of the cryptocurrency market, taking out a loan to invest in a cryptocurrency is initially not a good idea.

Loaning money, in my opinion, is only acceptable when the market is about to enter a bull run. Like you invested in 2024 (the bull season), knowing that before the bull season ended, you have made money to repay the loan money and that as a result, you make a lot of money from your cryptocurrency investment.

It's not really a good idea to invest using a borrowed money because the outcome is uncertain. However, if you have other source of income to cover the losses and pay the loan just incase everything didn't turned out well then it's up to you if you're willing to take risk. This is solely for investors who have a back up plan, aware of the risk and prepared for the worse case that might happen.

In addition, don't also invest if you have no idea of what you're getting into and just decided to engage yourself just because you want to copy what others are doing. In every investment, having a knowledge is important, so don't just blindly invest.

You need to pay more attention to mathematics, otherwise you won't be able to calculate your profit correctly)) 10% per annum from 100 thousand dollars means that you will pay 10 thousand dollars as interest for the year. And given the fact that there are 52 weeks in a year, then you should divide these 10 thousand dollars into 52 weeks and it turns out that you will need to pay $ 192 per week as interest on the loan.

I would say like you. Completely banning crypto investment/trading through debt is not entirely correct. Because I have been in debt first in trading. Lucky I've returned that within a year. But there is a note that we must understand that it is better to invest using the free money you have. Investments in the form of debt will increase the burden on you. But if you already have good management skills, go for it.

I used to be in debt for trading because I felt confident in my abilities and it worked. I used to go into debt and bought BTC around 2016 and from that money I got 0.36BTC. After that I can accumulate more than that and return the debt.

I also think that I am a beginner that it is not very good to invest in crypto from loans.
because investing in crypto is not necessarily profitable because investment in crypto is very high risk.

but your topic is very good and has many benefits, especially for beginners like me.

I hear that many people invest in crypto from loans and get a lot of profit.

but I also hear that many people invest in crypto from loans, and get losses.

so in this case it depends on our ability and knowledge in investing, but for beginners, in my opinion, don't invest from loans.

However, it is also common for beginners to be excited about investing in bitcoin after hearing stories of individuals going from poor to rich.  Wealthy individuals typically have good financial habits, which is why they reached such heights. People in the middle and lower classes are the ones who long to be wealthy. Due to a lack of savings, many of these individuals will borrow money to invest without extensive knowledge. It is very risky to bet on luck, especially with borrowed money. Either they pay back those loans over time, or they will lie to their lenders.

At first it's shameful that you'll experience losses but as time passes, you'll get used to it. We all agree that someone shouldn't invest in crypto having money and capital investment from a loan.

Clarify where you are hearing those people that are taking loans to invest in the crypto market and getting a lot of profits. I don't think that I've ever heard that somewhere as most of those that does it are dwelling more in losses.

Really it's a shame for those people who invest in crypto from loans. If they were not researching much about crypto and its movement to invest there. Obviously, they're falling in loss from their starting.

On the other hand, every month they spent interest on that loan money. It occurs anxiety. Of that, they're feeling higher tension. In this way, they are appearing patients of Diabetics.

So, everyone should concern about these activities.

The crypto industry is one of the riskiest businesses in the world. Taking a loan to invest in the industry is a very bad idea. There are possibilities that the price of the coin might drop and you might lose the entire investment. It is better to invest only what you can lose because you might end up in the police cell if you borrow to invest.

Investing by taking loan is never a right decision especially investing with loan in financial market is a risky decision. Due to the volatility of the crypto market, the level of risk in this market is also higher than in other sectors. We have experienced from recent billion dollar incidents how bad a decision it can be to put more pressure on yourself with a loan. And due to all those pressures, the number of defaulters has increased.

I strongly disagree with you on the bases that one must suffer loss if the person invest on Crypto with a borrow money or with a loan. If you take a loan of $200 to pay back $210 within two months or depends on the agreement between the lender and the borrower. And you are good in trading. My gee, you will make a enough profit to pay back the loan. And if you want to invest you go for government loan which you can pay back in 3-5 years time. And by then crypto price have gone up.

But if it is an individual loan, it is not advisable to take it because you want to invest unless you have calculative risk measure to analyze the market to invest. And also if you have other means to pay the loan then you can take the loan and invest so that in case you loss from the investment you can still pay it from the other source.

The only reason why someone would want to borrow money to invest is only because the person wants to make money very quick from bitcoin which is wrong. The best way to make money is to get a job that will be a source of income than to borrow money to invest bitcoin to get profit.  The question is how long will one continue to borrow money to invest bitcoin.  Bitcoin investment requires steady source of income whereby one can invest in the amount he/she can afford.  It is not good to borrow money to invest more expecially for beginners it  is better to look for other things do  that will bring money.

There's always an unrest and undue pressure from using loan money to invest or trade on crypto as there's this appetite and yearnings to jump into any kind of trade's because you want to meet up with paying back the loan without exceeding the loan period and this makes such a person vulnerable to losses and debt accumulation because your chances of losing 3x higher to making any win at all.

I'm not a beginner in investing have started investing four years ago but I would not even think of investing from a loan, I have seen so many unexpected events in the industry, and the volatility of the market is highly unpredictable, you could have 100 times profit then you woke up penniless, there are so many cases like this the recent one was the FTX and Luna investors.
So never ever think of investing money coming from loans you will regret it.

Don't push too much into investing if you don't have money yet, because if you force investing, you will eventually be overwhelmed by yourself.
look for the money first by working, trading, and starting a business.
Don't just rely on being desperate to invest, because that's not good. Be a wise investor, who can make profits with patience, not with reckless capital.

Investing in crypto should never originate from loan. Taking a loan to invest in crypto is like taking out a loan for your wedding. You will end up thinking on how to pay back the loan rather than focusing on providing for your family. As a crypto investor you shouldn't think of taking loan you will be thinking on how to pay back rather than strategizing a invest more.
It could lead to depression, anxiety and stress especially as a beginner. I will make you think that crypto is a scam. For these and many more reasons, I totally discourage the taking out a loan to invest in crypto.

Postponing from a salary is a very long way, it will suit patient people, but it will take a really long time, but if you have enough patience, the result will come. I don’t know, maybe there are cases when someone got rich investing credit money, but if there are such cases, then I’m sure that there are only a few in a million. And we are interested in a working algorithm that is suitable for everyone, when everyone can make a profit from the investment, even if it is not very fast, but you will not lose money and after that do not remain a debtor of the bank, which will still need to repay debts and interest on the loan.

To be honest I prefer to invest in bitcoin, not in crypto.

If you are not someone who likes to borrow money and will be very different from people who often do it and it is true that investing using borrowed money will bring you to the stage of risk. In addition, fluctuations in the price of bitcoin and the debt repayment period of monthly deposits will lead you to a new stage of trouble, especially when there is no reserve money to cover monthly deposits. It is better to avoid borrowing money to make investments, if you and anyone else don't want to get into trouble, especially for beginners who are new to bitcoin.

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Note: Every investment must have a level of risk, this is not only because you take out a loan, but because of fluctuations in the price of bitcoin.

One should invest as much as he can afford whether it is his own savings or borrowed money. If one has multiple sources of income and has sufficient ability to repay the loan then he can borrow money and invest it is not a big problem. But such a person should not invest by borrowing if he does not have multiple sources of income and if he is thinking of repaying the loan with profit from the investment money.  People of such thinking will be in great danger if they invest by borrowing. that is the point

yes, i totally agree with you. When investing, you may not use borrowed money, because the risk is higher if you experience a loss. In my opinion, even if someone really wants to invest in bitcoin, he should not borrowed money. it's better to invest little by little than directly all at once big.

We already know some of the advice that is so embedded in their words with borrowed money for bitcoin investment actually it's not the right way I can imagine how this happened and of course, the price of bitcoin is easy to go up and down and not so fast to go up to return profits because all of that is not does anyone know then it's better to have cold money to bet on bitcoin it won't be a problem next but we just have to be patiently waiting for the bitcoin price to be really high again.

The risk level of the loan is high and we have to understand that monthly installments have to be added plus interest. Of course, it's true that you said you have to have spare money to cover all monthly payments, but I'm not too brave to take this risk because I don't want to be a burden or there will be big problems later, especially if there is no good financial management.

The reason on why you should not get a loan in order to invest into something is due to its unpredictable nature. Imagine, you are risking a loan, which must be paid in a definite time, in something that is very unpredictable and risky in terms of profit. To be honest, you are definitely worsening your current financial position in the event that you attempt such act.

If you truly want to invest, then you can always start with small amounts. Regardless on whether it profited or not, at least you gain the experience on investing. Always start small before you focus on big things in order that you can fully grasp what you are investing on.

If you want to invest in cryptocurrency, you must know about different coins. The number one mistake that investors make is investing in AltCoin. If the person had invested in bitcoins with borrowed money, he would not have faced losses. You need to know detailed information about the market whether the market is up or down.
Investing in Bitcoins has a slightly less chance of loss but the AltCoin section has the highest losses. For example, a few days ago in 2022, due to the collapse of two platforms, Luna and FTX, the Cryptocurrency market fell into ruin. So I think you should never invest in alt section with loan money.

Well, that's obvious since we already know how risky investing in bitcoin is, The market price is so volatile that you could either earn or lose money in just a tiny amount of time.

Investing in cryptocurrency is just like gambling your money since no one actually can predict have the market will move so it is always a risk to invest and there was no certainty that you could get your money back or earn a profit. That's why a lot of expert says that you should just invest a small percentage of your money in bitcoin or any cryptocurrency because the money you invest is not guaranteed to earn like some lucky guy who won the lottery on bitcoin.

So taking loans for bitcoin is just so risky since your gambling to lose it all meaning you could lose all your money if you lose your investment you also need to pay that loan, and most people regret it.

Most people do not pay attention to the level of risk that will be incurred after the loan is made, so that what is imagined is only the profit when they want to start, investment is not like a mathematical calculation in the formula 1+1=2, that's why borrowing money to make an investment is not recommended at all to do, under any circumstances borrowing money to make investments in my opinion is not the right step, because price fluctuations will lead us to problems with the money we borrow.

It's different if someone has reserve money to cover monthly fees for a loan taken, this money serves to cover when bitcoin conditions don't match the investment scheme being carried out, so there's no need to sell bitcoins to pay monthly fees. Even so, it is not recommended to start investing using borrowed money.