You cannot eat your cake and have it

[CodyAlfaridzi]

Well, in the bull market, I suggest everyone around me to maximize their investment by borrowing or by taking loan from bank. But it is not a good time to invest in crypto currency now. If you invest now with borrowed money, you will lose more than money. The time will come.

This is a dangerous advice. You shouldn't suggest anyone to invest in anything using borrowed money. That's just against investing 101. No matter what the trend is, invest only with spare money.

Talking about the time, I think the opposite is the better one. Investing during a bull run is pump chasing and it puts yourself in a risk of buying at the top. You don't know whether the bull market will continue. Meanwhile, buying during the bear market is buying "cheap" coins. By ladder buying during the bear trend, you will get significantly lower average buying price, likely close to the bottom, and that translate to huge profit once the market is turning to bullish.

[Mhd-Bobbi]

There is a popular saying that invest only what you can afford to loose. Some people are making the mistake of investing all their life savings into crypto and other ventures. Some people even went as far as borrowing money or even using their properties as collaterals to borrow money so as to invest into crypto. This is a wrong idea and it might cost you a lot.
Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.

I think it's a very bad idea if they borrow money from someone else.

making this investment is not like playing games, if they borrow money just to pursue investment it is not allowed. If the investment they make is unsuccessful, it will definitely add to their own problems, how they will cover their debt to those who lend money.

My advice, if they do not have the capital to invest, they cannot invest if they only borrow money.

[vagsun]

There is a popular saying that invest only what you can afford to loose. Some people are making the mistake of investing all their life savings into crypto and other ventures. Some people even went as far as borrowing money or even using their properties as collaterals to borrow money so as to invest into crypto. This is a wrong idea and it might cost you a lot.
Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.

Yes its absolutely right that invest only upto that extent which you can afford to loose. Crypto is highly volatile and can change the financial position of a person in few hours. Crypto can make you rich in a very short time and on the other aspect it may make you poor. So don't take such type of poor decisions like selling your property for investing in crypto. This is a very wrong approach , it can even ruin you.

[South Park]

There is a popular saying that invest only what you can afford to loose. Some people are making the mistake of investing all their life savings into crypto and other ventures. Some people even went as far as borrowing money or even using their properties as collaterals to borrow money so as to invest into crypto. This is a wrong idea and it might cost you a lot.
Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.

I see this as a lack of financial education, people love when there is high volatility in the market that benefits them, we saw this during the bull market, people were very happy with all the profits that they were getting in a relatively short amount of time, but when things go in the other direction and we saw a bear market people began to complain very loudly about the volatility, when it was the volatility that gave them profits in the first place.

[Howits]

Well, in the bull market, I suggest everyone around me to maximize their investment by borrowing or by taking loan from bank. But it is not a good time to invest in crypto currency now. If you invest now with borrowed money, you will lose more than money. The time will come.

This is a dangerous advice. You shouldn't suggest anyone to invest in anything using borrowed money. That's just against investing 101. No matter what the trend is, invest only with spare money.

Talking about the time, I think the opposite is the better one. Investing during a bull run is pump chasing and it puts yourself in a risk of buying at the top. You don't know whether the bull market will continue. Meanwhile, buying during the bear market is buying "cheap" coins. By ladder buying during the bear trend, you will get significantly lower average buying price, likely close to the bottom, and that translate to huge profit once the market is turning to bullish.

You're totally right most stupid peoples turn there all money into bitcoin or crypto currency all they want profit they thought bitcoin can give it for free. But it wont work like this.

[cintamoni]

Well, in the bull market, I suggest everyone around me to maximize their investment by borrowing or by taking loan from bank. But it is not a good time to invest in crypto currency now. If you invest now with borrowed money, you will lose more than money. The time will come.

This is a dangerous advice. You shouldn't suggest anyone to invest in anything using borrowed money. That's just against investing 101. No matter what the trend is, invest only with spare money.

Talking about the time, I think the opposite is the better one. Investing during a bull run is pump chasing and it puts yourself in a risk of buying at the top. You don't know whether the bull market will continue. Meanwhile, buying during the bear market is buying "cheap" coins. By ladder buying during the bear trend, you will get significantly lower average buying price, likely close to the bottom, and that translate to huge profit once the market is turning to bullish.

Investing in bitcoin is highly risky mostly bitcoin scared us by decreasing its price its the first of increasing.Mostly people think bitcoin is down lets before it getting late but they're thinking wrong.

[rickadone]

There is a popular saying that invest only what you can afford to loose. Some people are making the mistake of investing all their life savings into crypto and other ventures. Some people even went as far as borrowing money or even using their properties as collaterals to borrow money so as to invest into crypto. This is a wrong idea and it might cost you a lot.
Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.

If you invest more money than you can afford to lose in anything not just bitcoin than you are doing a big mistake.
You can't also afford to pay for stuff if you do not have money, there has been a spree of "credit card" debts in the world however the world is getting more and more expensive whereas wages are not getting higher and higher which means there are more and more people who spend money they do not have to actually stay alive.

Even one big spending they have no control over (surgery, fire, insurance whatever) and they are in big debt. Hence, do not do that same mistake while investing at least.

[yusupjatigumilar]

investment is the ability where we must make the most of opportunities and risks that arise so that we can get maximum benefit, the loss problem is a natural thing because before you are sure to make an investment you must be ready to lose your capital first because it is the worst risk in invest (not only in crypto currency)

[coolcoinz]

Investing is like playing cards. Sometimes you go all in and end up changing your life for the better or for the worse. Of course you can't have a cake and eat it but an investing doesn't equal eating the cake! Investing is turning your capital into something else like a company or a house. A house can break down, a company can go bankrupt, there's always a degree of risk. If you put all your money in Bitcoin a year ago you'd be able to buy a bigger cake now.

[Harrow30]

There is a popular saying that invest only what you can afford to loose. Some people are making the mistake of investing all their life savings into crypto and other ventures. Some people even went as far as borrowing money or even using their properties as collaterals to borrow money so as to invest into crypto. This is a wrong idea and it might cost you a lot.
Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.

Maybe at a particular time, the eating of your cake and still having it was somewhat functional at a time ago (last year) in the world of cryptocurrency. But you dare try that this time around and have your hands really burnt! The market noe isn't giving room for any get rich quick schemes. You now have to really plan and strategize properly before taking any important step in investment.

[bigmelons25]

Isn't anything considered an investment.  Even if you keep your money in fiat the government could collapse or hyperinflation could happen which would leave your money worthless. A house is an investment, gold is an investment, you get my point.

[bering]

High risk high return but unfortunately people only thinking high return and seems ignore the risk but after they were trapped then usually most of them are regret their decission and i think at here we are talking about the greedy of majority people that most people are too greedy without realize investing at cryptocurrency is very risky even i have to says this kind of investment type is more risky that other investment tool

[Stervyatnik]

The idea to invest borrowed money in volatile coins seems to me absolutely stupid, because it is impossible to guess the market trend!

[Akpuv]

There is a popular saying that invest only what you can afford to loose. Some people are making the mistake of investing all their life savings into crypto and other ventures. Some people even went as far as borrowing money or even using their properties as collaterals to borrow money so as to invest into crypto. This is a wrong idea and it might cost you a lot.
Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.

It is quite a pity that in spite of several warnings about this, so many people appeared to have turned deaf ears. They just can't here. They kept making same mistakes and continue to cry foul.

[KorakPawon]

Well, in the bull market, I suggest everyone around me to maximize their investment by borrowing or by taking loan from bank. But it is not a good time to invest in crypto currency now. If you invest now with borrowed money, you will lose more than money. The time will come.

if I see some other articles and information, know this is the right time to invest because this year is the year when bitcoin falls in price

[Paristatio]

This advice should be treated very seriously with no exceptions, whether it's a bear or a bull market. Borrowing money or trading is very stupid and inmature.

[Kprawn]

The mantra about people not investing more than what they can afford to lose, has been repeated 1000"s of times on this

forum and also on other platforms, so the people that ignored this advice and still sold valuable assets to fund Crypto

investments are just greedy individuals. You can eat all the cake you want, just leave some for the future and do not spend

all your savings to buy these cakes.  

[boled]

I agree with you. it's not a good way. but it must be admitted that there are some people who have great luck out there. should not be an example. because luck cannot be resisted with any skill. Honestly, I've been in this position. and don't want to fall back to the same hole.

[basyang]

There is a popular saying that invest only what you can afford to loose. Some people are making the mistake of investing all their life savings into crypto and other ventures. Some people even went as far as borrowing money or even using their properties as collaterals to borrow money so as to invest into crypto. This is a wrong idea and it might cost you a lot.
Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.

I am totally agree with you. Investing is not easy it is good to those people who are always taking a risk. Its right to invest what you can afford to loose so that you will not got be frustrated or depressed, because it is really depressing to lose lots of you many in a snap. Investing in crypto is good but you need to think it twice or trice before you do a step to invest. Be wise in investing always put that on your mind.

[NotoriousHodler]

The mantra about people not investing more than what they can afford to lose, has been repeated 1000"s of times on this

forum and also on other platforms, so the people that ignored this advice and still sold valuable assets to fund Crypto

investments are just greedy individuals. You can eat all the cake you want, just leave some for the future and do not spend

all your savings to buy these cakes.  

Yeah, people never learn from others mistakes, rarely from their own, and listening to the unknown peoples' advise... Well, tell me if that ever happened.