yulchatar
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August 08, 2020, 01:17:55 PM |
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One of the main rules that should be adhered to in order to survive in an economic crisis is survival on your own and without attracting loans. The interest will rise and the collateral will fall in value. And of course, the loan will be required to be repaid anyway.
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maydna
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August 08, 2020, 02:03:14 PM |
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Really? How you can pay the loans if you don't have a job. Even if you have much knowledge about crypto and can trade with the right, it doesn't mean that you can make money because the market is still moving. We don't know when we can profit so that that way can be a risk for people, and I don't think that people will take that risk. We should be trying from what we did now, and we can work hard to make money, and we can also invest in the crypto, so we can make a lot of money when the price increase. It will need time before we can see the market rise, and we need to have more patients because the market will not give the sign when it increases.
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cryptoboss2020
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August 08, 2020, 02:09:11 PM |
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Really? How you can pay the loans if you don't have a job. Even if you have much knowledge about crypto and can trade with the right, it doesn't mean that you can make money because the market is still moving. We don't know when we can profit so that that way can be a risk for people, and I don't think that people will take that risk. We should be trying from what we did now, and we can work hard to make money, and we can also invest in the crypto, so we can make a lot of money when the price increase. It will need time before we can see the market rise, and we need to have more patients because the market will not give the sign when it increases.
in order to know when crypto is going up or down then we need to know behind the btc and crypto scenes what we all ready know is this... OTC MARKET exacngers the sellers buyers otc like bitcointalk.org are the key factors in crypto. now its a recession well those guys will buy now if i they buy i buy if they sell i sell.
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Jawhead999
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August 08, 2020, 02:46:38 PM |
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It's far better if you sell everything you have rather than take a loans. I know this year seems the best time to invest because of recession, probably you will get huge ROI in the next 1-3 years. But, you must be wisely... reality is not always like our expectation. It's your choice, IMO this is a huge risk.... and not recommended for people who have heart attack disease. Now its a time When a lot money will be Every Where and People like me without skills or education Can Finnally become rich and wealthy
Where's your proof of taking a loans and your address ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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mersal
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August 08, 2020, 03:06:48 PM |
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To take loans on any country then you need collateral like asset or any kind of your wealth information without that no banks will give you any loan.So if you want to take loan you need to be rich that is why poor people are getting poorer. And if you managed to take loan by someway still you need to pay it back along with interest so you need some kind of skill to invest that money or you will be scammed. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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taufik123
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August 08, 2020, 04:06:44 PM |
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Expecting to get rich quick without knowing how to invest properly is a mistake. Some basic skills are also very necessary to be able to enter the market at the right time. I understand what you mean by the best year 2020-2021, but it won't be that easy. Moreover, you only rely on a loan, which of course you have to pay off later. It will work if your investment is successful, if your investment fails or maybe the best year prediction goes backwards, then you will be chased by debt collectors.
The analysis is necessary, basic knowledge of investing, trading and others are very important. Don't just think about how to get rich quick by investing in crypto. also think about the risks that will occur. Remember, that your money is borrowed money.
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cryptoboss2020
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August 08, 2020, 04:16:25 PM |
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guys dont panic about this pandemic im sure our goverments have plans for us.
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ecnalubma
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August 08, 2020, 04:22:47 PM |
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Loans are great if you can manage it correctly, however making loans just to secure an investment on stocks and crypto is a bad idea. Bad because loans have terms of repayment schedule, what if you bought stocks or coins but it didn’t pump as you expected? unless you have back-up funds to repay that loan but its really not wise to borrow and invest better put up a physical business where risk is manageable.
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The Sceptical Chymist
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August 08, 2020, 05:07:37 PM |
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Don't need skills just Invest in crypto stocks Gold and take Easy loans
OP, that's a bad strategy in general and has made a lot of people poorer instead of wealthier--depending on the interest rate of the loan, of course, and how well your investments perform. I wouldn't be fooled by gold's performance over the past couple of months. Obviously some investors are fleeing to safe-haven assets like that, but I don't expect another 2011 situation to happen in the precious metals markets. And on the other hand, money is obviously flowing into much riskier assets like bitcoin, and I'm a bit perplexed as to how all of this is happening. I do have a guess, though: it's all the cheap money that can be borrowed, plus all the money the government is handing out in the form of "stimulus" and unemployment benefits. Obviously people are trying their luck investing in a lot of different things, which is driving up the prices of all of them. That can't last forever, though. This year might be a good one if you've got enough capital to sink into crypto, gold, or the stock market, but I have a feeling we might all start having to pay the piper come 2021 and beyond.
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bitgolden
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August 08, 2020, 07:07:30 PM |
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The sad thing about the situation is that, people who can make as much money as possible since there is a lot of money printed, are not the people who are in need of that money, it is the people who are already rich that is getting that money. Have you checked who gets the money from printing?
For example, in USA there are tons of people from republican families that are getting it, obviously politicians are smart so it is not going to them directly, but for example Bitch Mcconnel has a wife who owns a business and somehow that business got tens of millions of dollars, that is the type of situation and that is why I believe there is no way that people with no skills could get rich unless they know someone important, networking could get you rich if you are without skills, but that's it.
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cryptoboss2020
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August 08, 2020, 07:20:46 PM |
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The sad thing about the situation is that, people who can make as much money as possible since there is a lot of money printed, are not the people who are in need of that money, it is the people who are already rich that is getting that money. Have you checked who gets the money from printing?
For example, in USA there are tons of people from republican families that are getting it, obviously politicians are smart so it is not going to them directly, but for example Bitch Mcconnel has a wife who owns a business and somehow that business got tens of millions of dollars, that is the type of situation and that is why I believe there is no way that people with no skills could get rich unless they know someone important, networking could get you rich if you are without skills, but that's it.
thats why need to take power and control in our own hands right now and not hope for the goverment.
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Yatsan
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August 08, 2020, 08:40:36 PM |
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It is funny to think that there are still people who tend to think that earning money is really that easy that you do not even need skills or knowledge to earn money. That was not how crypto works. Even if you do not need skills, still you do need prior knowledge before getting into any investment. Putting money into unsure investments that you have not think many times or did not even do some research on how such thing is going is like putting up your money into gamble and you are relying into the presence of luck. Investment is a serious matter that you need time doing research and finding potential crypto that will suit your budget to be able to decide if you will go into engagement with the certain crypto.
Getting loans are not advisable if you do not know how to properly use it if you do not have skills and knowledge. Strategy on how you will handle your money is considered as skill and knowledge because you are thinking of ways how you can manage using it to make it profitable to be able to pay for the loan you have made. Getting loans with no assurance on how you will use it is simple getting into a pool of debt. Before you get into any situation better to think because not doing such will just put you into certain risks specially on this kind of industry.
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Rengga Jati
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August 08, 2020, 11:25:37 PM |
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Its a best time for People to become rich. Don't need skills just Invest in crypto stocks Gold and take Easy loans
Lol, do you think investing doesn't need skills? And a loan is a good idea? It is big wrong. You mislead people in this way. Firstly I don't know what your purpose is, but after I checked your trust summary, then I know what you are trying to do. Anyway regarding investing, if you don't have skills, then how you can do it properly? At least, you need skills and knowledge to choose the best crypto coins for your assets. Also, you need skills, to know when you can trade/sell your assets on the market. Without any skills or sufficient knowledge, you risk yourself to big losses.
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Polo7 (OP)
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August 08, 2020, 11:40:20 PM |
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Its a best time for People to become rich. Don't need skills just Invest in crypto stocks Gold and take Easy loans
Lol, do you think investing doesn't need skills? And a loan is a good idea? It is big wrong. You mislead people in this way. Firstly I don't know what your purpose is, but after I checked your trust summary, then I know what you are trying to do. Anyway regarding investing, if you don't have skills, then how you can do it properly? At least, you need skills and knowledge to choose the best crypto coins for your assets. Also, you need skills, to know when you can trade/sell your assets on the market. Without any skills or sufficient knowledge, you risk yourself to big losses. To use your brain for Simple operations its really Not a skills!!
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Ridwan Fauzi
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August 09, 2020, 03:20:25 AM |
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Crypto is an investment place even its just new to named it as an investment place since more people tend to hold the crypto currency for the volatitlity's problem. Based on the volatility's problem, do you think it is a safe place to store your money? You may need several times to suffered lose all of your money.
Let say, we have to remember when we depend on HYIP to invest in this place, yeah it was 2017 that I though there were many people who just come in without know anything. Spending money with a hope he will get rich quickly but in the fact he just bough at the all time high and store it until now. Do you think invest in crypto currency no need an understanding/knowledge? You may false to judge this thing. Knowledge is something that you shoulf find first before you have a target to gain a lot of money in this place.
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cryptoboss2020
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August 09, 2020, 10:35:51 AM |
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Loans are probably a bad idea. If you're wanting to invest, set stop losses or alerts you can wake up to if a coin suddenly drops (its not unlikely we get a hack and an aeroplane has to land at some point...)
I will never take a loan just to buy Cryptocurrency, it's very risky you should only invest what you can afford to lose there's a possibility that you cannot pay your loan when the market is down and in a bear trend, sell some of your stuff but do not take a loan. Same, and for someone to become really successful in the crypto industry, they should be skilled too. Reading candles and technical analysis before trading here is a set of skill. Unless, they are really lucky. So its kind of wrong to enter here in this industry expecting to become rich without a skill. You are exposing yourself to a big risk, such as loans. i know a lot people who going in to crypto this year more and more people will join each year with crypto as they see how much other people have earned profit it makes more and more people to join with crypto all around the wolrd. i have friend who never been interested but once he had a friend who made good profit he started interested about crypto and now he is in
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jackg
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August 09, 2020, 10:52:05 AM |
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Loans are probably a bad idea. If you're wanting to invest, set stop losses or alerts you can wake up to if a coin suddenly drops (its not unlikely we get a hack and an aeroplane has to land at some point...)
I will never take a loan just to buy Cryptocurrency, it's very risky you should only invest what you can afford to lose there's a possibility that you cannot pay your loan when the market is down and in a bear trend, sell some of your stuff but do not take a loan. Same, and for someone to become really successful in the crypto industry, they should be skilled too. Reading candles and technical analysis before trading here is a set of skill. Unless, they are really lucky. So its kind of wrong to enter here in this industry expecting to become rich without a skill. You are exposing yourself to a big risk, such as loans. Even then its still extremely risky, with TA I have a good amount of confidence we can reach $16-20k (don't trade on this the markets too turbulent for me to make predictions longer than a few days) from the last longterm formation but TA still only has 75% accuracy with crypto afaik so there's still a bit of a problem with that. You an use 75% to your advantage though if you can pick it up quickly enough.
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Polo7 (OP)
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August 09, 2020, 11:17:56 AM |
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You Know guys all this world is so fake and phony...
Take loans screw Everything... The system is Not Even real and it all one day will collapse like a big Titanic....so just laught at this all its all fake and phony..
I Can Tell You guys of my Life what I seen.... But I Don't u Not gona belive it and That's Why I Know its bs and world and Financial area is Not Even serious its a big joke.
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pragna
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August 09, 2020, 02:06:54 PM |
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Its a best time for People to become rich. Don't need skills just Invest in crypto stocks Gold and take Easy loans I Think its a best time for People without skills or Much of Knowledge to become wealthy. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) When times are hard and no money in circlelation then its hard for People without any skills or education to prospel Now its a time When a lot money will be Every Where and People like me without skills or education Can Finnally become rich and wealthy I think this is not correct without skills anybody can go for income in crypto market. Even if you do bounty in forum you have to have skills and if you go for investment you have to need more experience. I know many men who come to crypto market with huge investment but gone with zero. Yes as all news is good for crypto market at present time but that means not easy to income in this market. So please don't give wrong information to others. thanks.
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Sanugarid
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August 09, 2020, 03:13:14 PM |
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You Know guys all this world is so fake and phony...
It seems to me that your life is boring , you just wake up in the morning thinking of all your problems in life and negative stuff like that, pick your phone up and tell the world's a joke. It is clear to me that you missed a lot of things while growing. Not trying to be personal, but that's what my impression to you. sorry if you find this offensive. Take loans screw Everything... The system is Not Even real and it all one day will collapse like a big Titanic....so just laught at this all its all fake and phony..
Yet you are living on it, what you just need to do is to ride that titanic that you are talking about, there is a wonderful life inside trust me. I Can Tell You guys of my Life what I seen.... But I Don't u Not gona belive it and That's Why I Know its bs and world and Financial area is Not Even serious its a big joke.
World's finance is the standard of money, it was created to avoid chaos in the world, jsyk ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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