Should you take loan(s) to invest in crypto?

[lalabotax]

It is a stupid and worst idea to invest from loan money. There is no guarantee of success in crypto investment. Instead, crypto investment is full of risk, your money can decrease much only in a short time. So, don't only imagine the potential big profits. The volatility in crypto investment makes many beginners stop suddenly in crypto investment. In this matter, I suggest using extra money only, your unused money. Don't try to have the capital from a loan.

[1714757097]

1714757097

[b1boy]

I dont think how you said it is  exactly correct. we can't foresee future economic situations. In the event that you make an advance, ensure you have a distinct pay for recuperation if consistently the portions you need to pay from exchanging speculations can't be paid. recollect that this business hazard is very high. you better put away with the cash you have and it isn't attached to obligation so as not to turn into a weight on you

[sportclub2010]

Taking out a bank loan to invest in cryptocurrency is a very bad idea. First, you will need to pay interest periodically to service the loan. And secondly, after a certain time you will have to return the amount taken back to the bank. In order to do this, you need to be 100 percent confident in your investments. Cryptocurrency, unfortunately, does not provide such confidence.

[Coroline]

It's not a good idea, if someone shares his experience with loans he becomes rich or profitable when investing in the crypto world is just a coincidence and the lucky ones like that are only 1: 1000. Only a lunatic would bet between certainty and uncertainty, that's understandable, right? that the loan is certain and the crypto market is uncertain.

[speedforce]

Dont do that, it will make a big trouble if you loss.
I just suffer a loss and its really stressful, fortunately its not from a loan.
So I just need to take a rest a bit and live like usual, the lesson i take from this bloodbath is never trust anyone, 50% drop is real and haunt your stop loss.
Also, shouldnt put any crypto in futures, its a big loss for me.

[conected]

Dont do that, it will make a big trouble if you loss.
I just suffer a loss and its really stressful, fortunately its not from a loan.
So I just need to take a rest a bit and live like usual, the lesson i take from this bloodbath is never trust anyone, 50% drop is real and haunt your stop loss.
Also, shouldnt put any crypto in futures, its a big loss for me.

- It's wrong when you try to enter the futures market for the purpose of making money, I just put a small amount of money to entertain with this form when I know the burn rate is very fast, you will be liquidated very cleanly if you lose control for a few minutes, today is a heartbreaking story for everyone involved in this form. Back to the main topic today, loans should probably only be associated with people who know the rules and control their losses, too amateurish and lack of firmness should not apply, it is very easy to suffer great damage with the habit of being too confident in yourself

[Ozero]

The current sharp and deep price drop in the cryptocurrency market is a good answer to the question of whether it is worth attracting credit funds for investing in cryptocurrency. The cryptocurrency market is very unpredictable and very volatile in terms of price. Therefore, it is impossible to plan its price growth, profit and repayment of interest and the loan amount itself. You can take a loan only if there is a clear and well-grounded plan for its repayment.

[blockman]

It's not a good idea, if someone shares his experience with loans he becomes rich or profitable when investing in the crypto world is just a coincidence and the lucky ones like that are only 1: 1000. Only a lunatic would bet between certainty and uncertainty, that's understandable, right? that the loan is certain and the crypto market is uncertain.

True to that. And it's sad to hear those stories that they've taken a loan for them to be able to buy and invest in cryptocurrencies. They've done a mistake that might push them away to the market and will never allow them to get back. That's why some people when they're hearing success stories of people that have invested in cryptocurrencies, they're all excited and thinking that it's also possible to them to happen if they just put a big amount of money until they come to realize and experience that it's not always the case that they'll have and that the market is very volatile.

[Dadan]

It's not a good idea, if someone shares his experience with loans he becomes rich or profitable when investing in the crypto world is just a coincidence and the lucky ones like that are only 1: 1000. Only a lunatic would bet between certainty and uncertainty, that's understandable, right? that the loan is certain and the crypto market is uncertain.

It's very risky to loan money to invest in cryptocurrency. You know that cryptos are unpredictable. Unless you have a good plan, it will be too hard, and it will stress you out badly when you lose the money you just loan. I would instead work hard till I got enough funds to start my journey in cryptocurrency. For me, This is the safest way than loaning money in the bank as the interest is undoubtedly massive.

[chanler]

I think if we just want to start investing in crypto then we can do it with a small capital first. and borrowing money to invest in crypto I think it's less effective and too risky because we don't know whether we will gain or lose. if there is no capital we can start investing with a small capital or join the bounty. lots of good bounties to join so we can get paid

[motun01]

Taking loans for investment reasons should be done only when the assets to be invested in are guaranteed or very likely to reap the intended rewards after a specific period of time.
That assurance does not exist in the crypto markets and i think it is unwise to take loans to invest into cryptocurrencies

[Pelana vreo]

What do you think of taking loan(s) to invest in crypto? What's your input? Have any of you done this already? Isn't this crazy?

I am happy if I have a crypto loan limit with stable coins like USDT, but some countries prohibit crypto transactions such as Bitcoin and other top altcoins, I can only use the online loan platform with a limit of $1k within 1 month and I hope, if there is a loan platform like That is, I can use it because I have a record loan track at several banks with good ratings

[fortune1002]

I have not done it. It is very risky to invest borrowed money in Crypto. Because if you loss your money what will you do. Try to invest that money in Crypto which you can afford to loss.

[ogundowotoby01]

It is unwise to take loans & invest it into speculative assets like cryptocurrencies. Loans for investment purposes should be done for businesses where you are in direct control of your earning potential and you are more protected from the volatility of the market based on conditions outside your control.

Investment loans into cryptocurrency should only be done when you trust your ability it make good investment or trading decisions based on the set of data available for your analysis.

[Cindella]

Cryptocurrency investment is risky, and borrowing money to invest is a particularly risky behavior. The crypto market is unstable and the price fluctuates greatly, and there is no guarantee that it will be profitable. Funds face great risks, and there may be losses in which loans cannot be repaid. So loan investment is wrong under any circumstances.

[iyamoxjhian]

For me it's no. I still believe in most of the successful entrepreneur's opinion that never make a debt or a loan to cover up your existing loan as this will lead you to burrying yourself underground alive! It will be better to invest with your own money and invest based on what you are ready and willing to invest whether to loose it or not. Especially in crypto currency we can not predict things to happen. At least if you loose, it's your own money and that money is your willing to take at stakes.

[2tang]

I have not done it. It is very risky to invest borrowed money in Crypto. Because if you loss your money what will you do. Try to invest that money in Crypto which you can afford to loss.

If the borrowed money is lost when he invests it, then the thing he has to do is pay it back in a different way, because it is not advisable to borrow money and then invest, because the profit in that investment is not so sure that he must use free money that is not used for investment another place.

[Banulit]

I think that is a very big NO and very bad idea if you wanted to invest in cryptocurrency keep in mind that you should invest what you can afford to lose knowing that there is a high risk when dealing with cryptos.

[Dr.Osh]

think about it, if you borrow money to buy real estate, or offline assets such as land, houses, cars, or other valuable objects, it might be quite worth it, because if you can't pay the installments in the future, then your assets will be confiscated, and you don't have to. pay the debt. you are free from it.
however, in the crypto world, if you borrow money and expect it to be multiplied, that's not wrong. however, the risk is when things don't go the way you think. however, think for the best, whether it's really worth borrowing or not. In addition, think about how the method of returning the money will be if the investment you are thinking of is not suitable or fails.

[MonaLeeTracy]

Crypto assets are one of the investment instruments that are in demand by investor, crypto asset transaction experienced significant growth, thus making investor willing to put the money they have in search of profit.
Crypto assets are investment instruments that are still new in existence, However, that does not mean that crypto asset do not have the fundamental of market price movements.
Investor must first learn the fundamental of the type of crypto asset they are going to buy, The first fundamental analysis indicator is information about the technological advantages and functionality of the coin. Although crypto asset can provide huge returns for investor, but the risk of loss is even greater, So investor should think 10 times borrowing money from a bank to invest in cryptocurrency.
In my opinion, borrowing bank money to invest in cryptocurrency is a crazy thing one does, because the risk is great.