Stupid money

[firaituaku]

not wrong with your opinion, people should already know about the risks that occur when deciding to invest in an ICO. and investing all the money borrowed from a bank is stupid. I will never dare to do that.

[ivlvov]

I believe this is the most stupidity in the cryptocurrency field - to take credit from the bank and invest in little-known and unreliable ICO projects, which are all in most of these. Are these people so desperate that they are ready to put everyone at risk and ruin their lives? Of course I'm sorry for them, but these are their problems and we need to learn from their mistakes.

[gjaoirlaj9865]

The ICO is not a lottery game, because the lottery has a very low chance of winning, 10 million may be one person, and totally dependent on luck, and ICO venture capital is different. Get the information early, know how to analyze the evaluation of opportunities, the 3 failed projects just win one project only, the opportunity to become your billionaire is completely base.

[iljamlnk]

I don't understand these people who take out loans to invest in ICO.They are not aware of the risks that may occur.

[ShareAccepted]

That is a foolish thing to do. Investing money borrowed from the bank? If you invest on such an ICO. You must be cautious on that action. Investing in an ICO is risky. You must invest what you want to lose. I totally agree on you sir. That was really a foolish thing. I feel bad for his wife. He should really find a decent job. Work hard for a day to pay for those debt on that bank.

The first rule is invest only what you can afford to loose, everyone knows this. If you grow greedy you should know better than borrowing. Frankly, this is a hard lesson to learn this way.

[Anna Borisovna]

you think like a decent person
Few people that do projects, think about someone else's profits or other people's risks. only about their

but in general, those people that are not the first day familiar with the crypto currency, are aware of the potential risks

[carlisle1]

That is a foolish thing to do. Investing money borrowed from the bank? If you invest on such an ICO. You must be cautious on that action. Investing in an ICO is risky. You must invest what you want to lose. I totally agree on you sir. That was really a foolish thing. I feel bad for his wife. He should really find a decent job. Work hard for a day to pay for those debt on that bank.

Yeah right,only fool can make this stupid decisions,were in the world that you will make a loan without your wifes concent and will invest in an ico that everyone here knows risky.now hes a dead man if the wifes found this

Better find an extra job do it overtime to cover the banks loan or else you will loss your wife and maybe family

[kier010]

there are times where unexpected happens especially in crypto where the risk is great. sometimes the end result is not the one we expect so we suffer from it. we will always hear in this forum to invest only what we can afford to lose. don't just think of profit think also the risk.

[Fedor2018]

Many investors do not understand that the project may simply not be ready to be successful, and not just scammers . And credit money is absolutely impossible to invest anywhere-especially in what has the risk of loss . Unfortunately not all people understand this

[pretfeestje]

Stupid money, stupid person. Forgive me for saying that, but I believe it's quite unreasonable for any one to invest money that was borrowed into a business that is as risky as cryptocurrency. Even with your own money, it is advised that you invest what you can afford to lose, preferably your spare money.

[Vilka0109]

The stupidity of people is sometimes just fascinating. It's totally stupid to invest in projects you're not sure about, not really. and even if the credit - so it's up stupidity

[Kristina3456]

Everyone has the right to dispose of their money as they want . Borrow of course stupid for this-but it's everyone's business . Someone more risky, someone less. We are all different, different thoughts and strategies

[MercurRency]

Let the job seek a second or third and the family saves from the creditors. There is no way out, did the business answer for it.

It's not an exit, if you can invest money in ICO, that you cant loose, you will loose it again and again

[olivia jane567]

Very sad and I am sorry for him. Was it his first time investing. I don't think it is a good idea to borrow money for investment. Not in cryptos alone, but any aspect of investment. No one should try that.

[Lighthouze]

Wow! This is such a great read. Borrowing money for an investment is usually not a good idea, should the investment flop, it leaves you in debt and subsequently worse off. ICO's also need to be more responsible, they need to include clauses like you've suggested so the potential investor is aware.

[Baofeng]

Wow! This is such a great read. Borrowing money for an investment is usually not a good idea, should the investment flop, it leaves you in debt and subsequently worse off. ICO's also need to be more responsible, they need to include clauses like you've suggested so the potential investor is aware.

Of course, borrowing money is not a good idea, what it make it worst is that you invested on something that you don't have total control specially the risk factor. Now that the ICO turns out to be a scam, then your worst nightmare is realised. However, there's no one to blame for your failure but you. You didn't do your homework and probably just ride the hype and the next thing you know, the scammers disappears. That's why we always says that that you need to do your research and please don't used borrowed money. Its a expensive lessons to learn and its going to sting a bit.

[prikitiw]

A lot of beginners who only see money without seeing how to get it, and seeing that investment is always profitable regardless of the risk, until they dare to take a high risk such as borrowing from a bank, they should first study the cryptocurancy before they start.

[Existence]

you think like a decent person
Few people that do projects, think about someone else's profits or other people's risks. only about their

but in general, those people that are not the first day familiar with the crypto currency, are aware of the potential risks

Thank you! I'm trying to be one

Yeah, you are right but newcomers are usually not aware of risks and they are willing to invest into any project that offers generous payouts in the future. The mission of every crypto enthusiast is to warn newbies about high risks and encourage them to learn more about the crypto market before investing

[Matcuda]

And what to say, he himself contains the family, let him finds a way out himself. Why should a wife know, it is better to find a second job with a good income and to cover expenses than to think about easy earnings.

[Existence]

And what to say, he himself contains the family, let him finds a way out himself. Why should a wife know, it is better to find a second job with a good income and to cover expenses than to think about easy earnings.

A lot of people want to find the easiest and fastest way to make money and become rich. That's human nature. And this attitude s even more common when it comes to the crypto market as many newbies actually believe they'll make money out of thin air without any experience or knowledge.