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Author Topic: Traders Don't easily lend out money.  (Read 771 times)
EiKaGlaShPriSAThWEl
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May 15, 2021, 04:58:59 AM
 #41

If you happen to be an active trader or know people that trade actively, you will notice that traders do not easily give out money ( i.e lend out money) not because they don't have to give but because their capital is actively and most times always involved a trade.

You have to understand as a friend to traders that even in times when big wins are celebrated, it is not still a time to ask them to help you with money for your needs with the thought that they are in profit, because if you do you will get yourself disappointed nine times in ten chances.

Work for your own money, nobody owes you anything.

Money is hard to earn nowadays. We all know that trading is not an easy way.if you have earned in trading but your friend will be the one to enjoyed or used it, your sacrifices are all for nothing. There are friends that are fast when lending but if you are to charge them, they are the one who is angry.
But of course if your family is the one that lends, especially your parents I think it OK to lend since they are your family. They are the one you beg if have nothing else left.

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May 15, 2021, 11:31:32 AM
 #42

they have an active capital that is dedicated only for trade but they can also have a seperate money and this money can came to some of their past profits .
 they can decide to lend this money if they want an extra income other than trading .
 if im the one to do this i will not easily lend money to someone else but i will choose my close friends or relatives only because i can visit their homes and talk to them if they wont pay in time .
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May 16, 2021, 10:37:15 PM
 #43

Lending out of money from an active trader still depends on the person and the situation because there are times that there is really an urgent need for a friend to be helped making them to lend out money because I have plenty of trader friends who do that all out of concern to help other people. Cases will also apply that traders may have been into loss making them not to be able to lend out some money even if they wanted to or they are just having personal reasons why they wanted to just keep their money for the sake of trading. Whatever the case is, lending out of money from a trader depends on the person and the situation.

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May 16, 2021, 11:40:21 PM
 #44

Lending out of money from an active trader still depends on the person and the situation because there are times that there is really an urgent need for a friend to be helped making them to lend out money because I have plenty of trader friends who do that all out of concern to help other people. Cases will also apply that traders may have been into loss making them not to be able to lend out some money even if they wanted to or they are just having personal reasons why they wanted to just keep their money for the sake of trading. Whatever the case is, lending out of money from a trader depends on the person and the situation.
But should have some limitation and we also have to consider the capability of the said person that could pay his loan.

Many people got wrong about this, even though it was our friend it sometimes comes to the moment that they never think about paying their loan. I have a bad experience like this, I lend money to my friend as said that he is urgently in need but I'd find out it was not that urgent as it could be instead, he uses this for gambling.

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May 17, 2021, 04:03:24 AM
 #45

I agree there are many businessmen who start their business activities with a loan from a friend but it will depend on their situation how they will manage it time is not always the same very close friends are often dishonest. That's why I think it's better to do business with your own money than to take a loan if the profit is lost here it will go on itself they want to revolutionize the economy by meeting the capital needs of small and medium enterprises. They want to ensure that no small business has to stop due to lack of capital traders can borrow as much as they need.
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May 17, 2021, 04:53:40 AM
 #46

I also think with you that those who are actually in real trade never save money for the sake of small profit, When a trader is able to earn on his own he does not have to wait for other people, he will simply want to know how to further develop himself which is a characteristic of an ideal trader. On another side an expert trader can do many things if he wants to because he rarely makes a wrong decision and thinks a lot before making every decision and then makes a decision.
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May 17, 2021, 02:09:00 PM
 #47

If you happen to be an active trader or know people that trade actively, you will notice that traders do not easily give out money ( i.e lend out money) not because they don't have to give but because their capital is actively and most times always involved a trade.

You have to understand as a friend to traders that even in times when big wins are celebrated, it is not still a time to ask them to help you with money for your needs with the thought that they are in profit, because if you do you will get yourself disappointed nine times in ten chances.

Work for your own money, nobody owes you anything.
I was reminded of a friend to who I gave 0.5 eth loans but have not paid up until now...

as a trader, lending money will only make the mind uneasy, especially if your portfolio is bad, it will only add to the burden on the mind. keep looks stingy with friends, so you can calm down without thinking about the debt that is given by you.



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May 17, 2021, 03:12:29 PM
 #48

Being in debt and then being used to trade is an unhealthy way. It creates a lot of problems, we need free money in trading. Trading requires peace of mind to make decisions, if money is not healthy we use we will certainly easily get losses.

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May 17, 2021, 03:17:57 PM
 #49

Who trades using borrowed money? IMO, that's not trading but like gambling. It's always better if its your own capital that you are using. Simply put, you are more relaxed and can make clear decisions unlike using borrowed money with the fear of losing it.
That's correct, work for your own money. Save first until you are settled with an amount you can afford to lose.
It's the best way to savor the profits if you know you don't owe anyone anything. Traders ain't like banks, they may have the money but that doesn't mean it's for anyone to borrow it. It may have been saved for his capital.

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May 17, 2021, 03:19:55 PM
 #50

Not just trader but almost everyone here are still hesitant to lend money to anyone or even to your friend because you know how to value your money and in trading, we almost lose everything so if you lend that money to anyone you might lose it as well. I don't want to lend money to anyone because of my bad experience before with my friends, beside that money is the result of my hard work so its hard to accept if someone borrow money from you and didn't pay at all.

The bane of gambling sites. People lending/loaning money out. And a general big lesson in life anyway. If someone wants to borrow money because they need to eat, or pay rent, different. But borrowing money to make more money MAYBE, consider the loan lost, if you want to act like a bank:)

Loans have ruined marriages and friendships, so don't let that be you!

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May 17, 2021, 03:20:42 PM
 #51

Being in debt and then being used to trade is an unhealthy way. It creates a lot of problems, we need free money in trading. Trading requires peace of mind to make decisions, if money is not healthy we use we will certainly easily get losses.
There's no way we will be able to get free money nowadays that we need to really work harder to be able to earn, traders and even everyone dont lend money especially if were also in need and we know there is no way for them to pay the borrowed money. Those who trade should have their definite source of income to be able to trade properly to lessen the pressure when they do trading.

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May 17, 2021, 03:22:23 PM
 #52

Well I wouldn't even loan someone in the first place nor I would loan from anyone regardless if it is related to crypto or not. Not sure where this "lending out money" in trading came from, but it should be avoided at all times especially when one deals with crypto.
Loaning would be like the really last resort for me, but if I can help to not do it, I won't do it.

Well, some greedy people make them lose money instead of making a profit, owed in my opinion is a pretty greedy way of being impatient in profit. there are many ways to earn free money. trading is not a good solution to make money out of debt money. Will cry, if lost after debt.

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May 17, 2021, 03:25:53 PM
 #53

Is this coming from the experience? Maybe one of the forum members?

It's normal. But in case you did see how hard the life of the borrower is then do help.
I have some friends in the neighborhood that I saw being affected much by the pandemic and I really want to help them but just can't come over because I am too shy to tell so and also what if they didn't really need help and I am just assuming.
But, if they are the ones who will try to borrow money then I'd be willing to help. It depends on the case.



There's no need to petrify our friends, we're all affected by the pandemic. I am very grateful because I know cryptocurrency and produce here, I can help people around me, I also have a community that is quite active in helping in the pandemic period. They also come from the cryptocurrency community.

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May 17, 2021, 03:44:30 PM
 #54

You have to understand as a friend to traders that even in times when big wins are celebrated, it is not still a time to ask them to help you with money for your needs with the thought that they are in profit, because if you do you will get yourself disappointed nine times in ten chances.
You sound like you are talking out of your own experiences and I guess these cannot be a generalized for all traders and their friends and more importantly when traders are with profits. Lending out is not a simple thing; you may go for donating something with your full heart but when you lend out and if you are getting cheated then that must be a very big disappointment in the end because you spend long hours and hard efforts for analysis in markets to make profits and when all your time and efforts goes in vain, who will be ready to accept that?

they don't have to give but because their capital is actively and most times always involved a trade.
Seems like you are already coming up with an answer. How it will be acceptable if you are going to disturb their core business? Time and capitals are more essential thing for an active trader. So, we cannot expect them to be lenient on these 2 things.
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May 17, 2021, 04:04:37 PM
 #55

I imagine that they don't actually like loaning in any case, makes you less monetarily steady as you make a propensity for loaning on the grounds that not every person who loans to you will take care of you, almost certain they will rationalize to not compensation you until you quit irritating them about it. Merchants simply center more around cash since they realize they can get more cash-flow out of the cash they own by contributing, consequently the faltering I presume.


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May 17, 2021, 04:09:46 PM
 #56

If you happen to be an active trader or know people that trade actively, you will notice that traders do not easily give out money ( i.e lend out money) not because they don't have to give but because their capital is actively and most times always involved a trade.

You have to understand as a friend to traders that even in times when big wins are celebrated, it is not still a time to ask them to help you with money for your needs with the thought that they are in profit, because if you do you will get yourself disappointed nine times in ten chances.

Work for your own money, nobody owes you anything.
It does not implies to all the active traders as some of them are into lending business also and gain interest from that but it involves a element of risk that your capital is safe.But if your relative or friend is in great need and you have surplus funds aside from your investment purposes then you should help them.Active traders tries to secure their capital because they don't have idea of the market and if they incurr any loss or if the market crash situation arises they need to deposit funds to their wallet which they have set aside.So you can see it is personal choice of every trader that how he wants to trade in the market based on real time experience.You need to have fund management policy implemented very well which provides you with capital guaranteed plans.

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May 17, 2021, 10:25:40 PM
 #57

If you happen to be an active trader or know people that trade actively, you will notice that traders do not easily give out money ( i.e lend out money) not because they don't have to give but because their capital is actively and most times always involved a trade.
i have experienced this thing 3 years ago, well that was my fault anyways because I lent the money to stranger. I'm fine if they gave me regular updates about their funds but the ignorant feelings on that person and a habit to scam could be the reasons why they didn't give me the updates. This is why people will be more selective when lending money to strangers because these stupid people exists.

Lending to someone you know is different scenario and you would treat it differently.

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May 17, 2021, 10:44:14 PM
 #58

Is this coming from the experience? Maybe one of the forum members?

It's normal. But in case you did see how hard the life of the borrower is then do help.
I have some friends in the neighborhood that I saw being affected much by the pandemic and I really want to help them but just can't come over because I am too shy to tell so and also what if they didn't really need help and I am just assuming.
But, if they are the ones who will try to borrow money then I'd be willing to help. It depends on the case.



There's no need to petrify our friends, we're all affected by the pandemic. I am very grateful because I know cryptocurrency and produce here, I can help people around me, I also have a community that is quite active in helping in the pandemic period. They also come from the cryptocurrency community.
Wow what a good deed brother and its not something that you can see on common basis where someone do give out some help on this very difficult situation.
It is truly that this pandemic situation did really put us on this situation where lots of jobs had been lost and theres no other income that we could really get
to sustain our living and its true that cryptocurrency give us that kind of chance or opportunity to survive at least somehow on this situation
and we should be thankful for that.

R


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May 17, 2021, 10:45:52 PM
 #59

If you happen to be an active trader or know people that trade actively, you will notice that traders do not easily give out money ( i.e lend out money) not because they don't have to give but because their capital is actively and most times always involved a trade.
i have experienced this thing 3 years ago, well that was my fault anyways because I lent the money to stranger. I'm fine if they gave me regular updates about their funds but the ignorant feelings on that person and a habit to scam could be the reasons why they didn't give me the updates. This is why people will be more selective when lending money to strangers because these stupid people exists.

Lending to someone you know is different scenario and you would treat it differently.

Lending someone you know gives you more confidence but lending it to strangers have different trust level, together with risk and
so many things to consider before allowing your money to send to other people.

In the side of traders, they are there to continue growing their investment, why should they'll lend it if they have the capabilities to invest with the right assets and collect good amount of earnings.

Less hassle if they managed to keep rinsing and keep increasing their investment.

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May 17, 2021, 11:33:16 PM
 #60

I will not lend money to others or my friends from the profits of the trade results. Because I want to develop my career
in the world of trading crypto and it is not easy, as well as require a lot of capital, so I will add capital first so that the
profit is also more. Maybe if I had a lot of money, I could have lent my money to someone else. But in small numbers.

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