Newbies take my advice

[kayvie]

I've seen many people who become a successful business men through loan, let's not pretend as if loan can't help, if you have a good business strategy loan can be the easiest way out of getting help but online business? I'm not so sure, it's more risky than real life business and crypto is volatile, getting loan for such isn't a good move

It's business and that will be very different with what we have been talking about in here. Online business have more chance to make the owner to loss all of his resources instantly especially when it comes to the volatile market that everything is unpredictable

It is true, having a loan and uses it on a business is really different from having a loan to invest. The risk is very high without knowing when and if the investment will be profitable over time. Unlike in business, you are the one who controls the business on how you will market it and make a profit.

[tiang_tower]

Fear of missing out is what pushed many into loan for crypto and sooner they get burnt, FOMO is very bad, I was caught in the trap myself which makes me lost some money that I haven't recover till this day, when it comes to crypto its better to use some affordable money to take risks

True, when it comes to crypto it is better to use an affordable amount of money to take risks, because basically everyone does not want to experience losing money in crypto, so don't be too greedy when using money for crypto, because when loss will feel very frustrating.

[jajorforce]

Fear of missing out is what pushed many into loan for crypto and sooner they get burnt, FOMO is very bad, I was caught in the trap myself which makes me lost some money that I haven't recover till this day, when it comes to crypto its better to use some affordable money to take risks

True, when it comes to crypto it is better to use an affordable amount of money to take risks, because basically everyone does not want to experience losing money in crypto, so don't be too greedy when using money for crypto, because when loss will feel very frustrating.

We should use affordable money but should be careful and think about this money only you have left. You will think twice before investing in any campaign. Borrow money only can invest experts. Newbie shouldn't follow any big amount even which money you afford to lose. Fomo chart will never help you to get the right information.

[dongosquad]

Do not ever try or think about getting loan or borrowing money to trade altcoins or invest, the damage will be so disastrous, many did this mistake in 2017 when all crypto coins are booming but I can tell you that until today they are still in heavy debt, losing your hard-earned money is better than losing loan money, imagine the frustrations

Unfortunately many newbies are only interested in large and instant profits, without thinking about the disadvantages. That is why they are confident in applying for loans. Even though the risk is very big. If applying for a loan, it should be used to open a business that is less risky, which can be taken into account when the return on capital and the income used to repay the loan. While it is very difficult to apply with crypto, if you only rely on luck it is very fatal.

[aditasetia123]

We should use affordable money but should be careful and think about this money only you have left.

that's right , if we thinking this is the last money we had i am sure we will use it carefully. doing alot research and analisys when take decision in which project we will invest.

]Unfortunately many newbies are only interested in large and instant profits, without thinking about the disadvantages. That is why they are confident in applying for loans. Even though the risk is very big. If applying for a loan, it should be used to open a business that is less risky, which can be taken into account when the return on capital and the income used to repay the loan. While it is very difficult to apply with crypto, if you only rely on luck it is very fatal.

tempted by instant profits in near time will make traders or investors thinking careless. no one can guarantee our investment will get profits, this market really contain high risk and this is the first thing that we have to add it in first priority.

[Lantind]

We should use affordable money but should be careful and think about this money only you have left. You will think twice before investing in any campaign. Borrow money only can invest experts. Newbie shouldn't follow any big amount even which money you afford to lose. Fomo chart will never help you to get the right information.

It's better not to borrow money to make an investment, even in small amounts, because investing is a very risky thing, because if there is a loss in investment will be very sick and disappointed if someone makes an investment with borrowed money from someone else.

[trauchot]

It’s logical that it’s not worth investing money in cryptocurrency that you borrowed, because investing in cryptocurrency is a very risky business and it is not known how your investments may end up with, so you should always think many times before investing in cryptocurrency or in any other area.

[Novatech8]

I prefer taking risks with my own hard-earned money that going to get a loan to try out my luck, that's dangerous, everything about crypto investment is luck, you can't predict which project will be profitable

[Mealea]

To start with, I don't see reason why someone will go and take loan to invest in crypto. Even taking loan to invest in other physical business can be very dangerous not to mention crypto. It is definitely not wise to take loan because you want to invest in crypto.

[Reatim]

Warning strictly for Newbies!!!

Do not ever try or think about getting loan or borrowing money to trade altcoins or invest, the damage will be so disastrous, many did this mistake in 2017 when all crypto coins are booming but I can tell you that until today they are still in heavy debt, losing your hard-earned money is better than losing loan money, imagine the frustrations

Crypto investment is a high risk investment plan and they only way to get by is investing only what you can afford to lose... take my advise and let it sink in your head.

Are you one of those?who had borrowed Money in invested to Altcoins thats why you are making this advice?i think it will be more approachable and truthful if this is based on your own experiences because i also have some friends who did this stupidity even i keep telling them not to to such because of very risky and may bring them to deeper credits and yeah it happens already.

But i believe this is indeed good advice since people here are always eager to profit but has no enough or bigger capital that's why sometimes they are being lured to make a load or credit and put here in which will turn into desaster.

[ElmedoRator]

We should use affordable money but should be careful and think about this money only you have left. You will think twice before investing in any campaign. Borrow money only can invest experts. Newbie shouldn't follow any big amount even which money you afford to lose. Fomo chart will never help you to get the right information.

It's better not to borrow money to make an investment, even in small amounts, because investing is a very risky thing, because if there is a loss in investment will be very sick and disappointed if someone makes an investment with borrowed money from someone else.

When using other people's money to invest, you will have to take a lot of pressure and it will make you lose in this market. So just investing with my own idle money is enough, I've seen many people borrow other people's money to invest and they never get a good result.

[Davian144]

When using other people's money to invest, you will have to take a lot of pressure and it will make you lose in this market. So just investing with my own idle money is enough, I've seen many people borrow other people's money to invest and they never get a good result.

Indirectly, we are not taught to owe or lend money for investment, because investment is a job full of risk, even experienced people have experienced losses in investments, so obviously in this case it's better to use your own money according to your ability that we have, because it's far better than debt.

[Zeke_23]

When using other people's money to invest, you will have to take a lot of pressure and it will make you lose in this market. So just investing with my own idle money is enough, I've seen many people borrow other people's money to invest and they never get a good result.

Indirectly, we are not taught to owe or lend money for investment, because investment is a job full of risk, even experienced people have experienced losses in investments, so obviously in this case it's better to use your own money according to your ability that we have, because it's far better than debt.

It is true, there are so many difficulties we might face if we tried to borrow money for our own investment. That's why we were all told or reminded that we should only invest the amount of money we are afford to lose and borrowing should not be an option since this will be hard especially in a short period of time.

[jcpone]

Warning strictly for Newbies!!!

Do not ever try or think about getting loan or borrowing money to trade altcoins or invest, the damage will be so disastrous, many did this mistake in 2017 when all crypto coins are booming but I can tell you that until today they are still in heavy debt, losing your hard-earned money is better than losing loan money, imagine the frustrations

Crypto investment is a high risk investment plan and they only way to get by is investing only what you can afford to lose... take my advise and let it sink in your head.

In my own little way. I agreed that borrowing altcoins is not really advisable it will lead you only to Rekt.
It is still much better to trade in natural way. Because in borrowing there is a high risk involved in it.
So, if you don't want to loss your coins don't put in danger all your assets just because of borrowing only.

[SARA ISLAM]

You should not take a loan for any kind of trading online, you should invest as much as you can accept if you lose, it will not affect your personal life, otherwise if you lose in any way, he will be under various pressure, this is why I take a loan. Not in favor of trading.

[bayudndy]

We should use affordable money but should be careful and think about this money only you have left. You will think twice before investing in any campaign. Borrow money only can invest experts. Newbie shouldn't follow any big amount even which money you afford to lose. Fomo chart will never help you to get the right information.

It's better not to borrow money to make an investment, even in small amounts, because investing is a very risky thing, because if there is a loss in investment will be very sick and disappointed if someone makes an investment with borrowed money from someone else.

When using other people's money to invest, you will have to take a lot of pressure and it will make you lose in this market. So just investing with my own idle money is enough, I've seen many people borrow other people's money to invest and they never get a good result.

I have been in a similar situation. In 2018, I borrowed about $ 5000 from my relatives to invest in this market, but things were not as easy as I thought. Investments are continuously losing money and people often ask me about debt repayment, which puts me under a lot of pressure and it is impossible to stay awake to make a profit.

[bittick]

You should not take a loan for any kind of trading online, you should invest as much as you can accept if you lose, it will not affect your personal life, otherwise if you lose in any way, he will be under various pressure, this is why I take a loan. Not in favor of trading.

that's the worst thing that can do by someone. I remember there was someone who has been selling his house to buy and invest in crypto but he was suffering a huge lose.
The same thing can be applied for the people who are using a loan to invest in crypto too.

[Metall303]

You should not take a loan for any kind of trading online, you should invest as much as you can accept if you lose, it will not affect your personal life, otherwise if you lose in any way, he will be under various pressure, this is why I take a loan. Not in favor of trading.

I think that even after the loss of credit money any person can survive. if you invest credit money in some kind of stable asset, then you can make good money. you can take a loan and invest this money in USDT and then give the loans in USDT through specialized platforms at a higher percentage

[JeotQ]

Taking loan can change your life or put you in more troubles, I'm more familiar with taking loan to establish a real life business but not for crypto, taking loan for crypto is high risk plan and I'm so against it

[Moeda]

Warning strictly for Newbies!!!

Do not ever try or think about getting loan or borrowing money to trade altcoins or invest, the damage will be so disastrous, many did this mistake in 2017 when all crypto coins are booming but I can tell you that until today they are still in heavy debt, losing your hard-earned money is better than losing loan money, imagine the frustrations

Crypto investment is a high risk investment plan and they only way to get by is investing only what you can afford to lose... take my advise and let it sink in your head.

You are right.
I think investing in crypto is not like we sell at a store, every time someone comes to buy, then at that time also makes a profit.
Crypto investment is a long-term investment. Let's just say the money we spend on investment is a reserve for the future.