Taking loan to trade is a risky task

[Rockstarguy]

The joy in trading is when the money which is been used to trade is owned by the trader. Normally trading is something that is unpredictable, one can't really know or see the outcome if it will be a big loss, small loss or big win, small win. When money that is been used for trading is owned by the trader if there should be loss he may not too feel about the loss, unlike when the money which was been used for trading is borrowed,  in a case whereby the person do not have good source of income.

I know someone who started how to trade about four months ago. He is a beginner in trading, I don't really know how good he is, but to him he may feel he can always make earnings. I think he was so confident in himself, he had to borrow money for trading which he could not make good profit. As a beginner borrowing money to trade is not the best. It is not even advisable to use all the money one has to trade or invest talk much of to borrow to trade.

[livingfree]

It is not advisable for someone to borrow money. It is like borrowing money to gamble. If you're just going to put that at risk without any guaranteed return.

Please, don't do that and don't use others money for it.

Because there is no guarantee.

[DarkDays]

It is not advisable for someone to borrow money. It is like borrowing money to gamble. If you're just going to put that at risk without any guaranteed return.

If a trader is looking to borrow money they either have insider information or they are really good traders, only in these two scenarios it probably won't be as dangerous to borrow money for trading.

But for anyone else outside of these two brackets, just don't borrow money as this is a super risky move where you might end you owing a lot more because trades can be unpredictable at most times and without proper skill and knowledge it would be hard yo make profit - also you don't want to be relying on luck either!

[Johnyz]

Borrow money if its sure profit but in trading, there’s no guarantee on this so its really risky but if you are ready for it, then why not as long as you can still pay that money you can really borrow. Its like putting up a business where mostly borrow funds from the banks, and they are paying it you just have to know the strategy in trading, and always do your best.

[Ziskinberg]

I know someone who started how to trade about four months ago. He is a beginner in trading, I don't really know how good he is, but to him he may feel he can always make earnings. I think he was so confident in himself, ...

Well, congrats to him. I tell you that he is a lucky person, a beginner with only a little knowledge and experience in trading were mostly suffer losses but that person you've mention did it right. But I'm not sure if he is telling you right or telling lies...

he had to borrow money for trading which he could not make good profit. As a beginner borrowing money to trade is not the best. It is not even advisable to use all the money one has to trade or invest talk much of to borrow to trade.

He did great at first but borrowing money use for capital in trading will be a big mistake and this might end his trading journey quickly.We have to remember that not all the time we got in profit and if you have an obligation to pay the borrowed money in a specific time frame, that surely be bothering and can affect our decision-making. In this case, I'm afraid that the confidence that you have said OP is getting over.

[3la9l_kolbaCa]

I don't recommend to take a loan, this is too risky because we can be sure if we will win with trading specially on complicated situations.
Maybe having savings from your job, would be a best strategy to use, you could save your money diverted to crypto assets like xrp and bnb.

[TinaK]

It is not advisable for someone to borrow money. It is like borrowing money to gamble. If you're just going to put that at risk without any guaranteed return.

Please, don't do that and don't use others money for it.

Because there is no guarantee.

I agree it is not good advice.
It seems you have been hit with a double edge sword if you lose in trading, you will pay the interest and I don't know if you will be able to recover once you maybe lose in trading. Trading is a form of gambling, not an investment, there is no guarantee that you can make a profit in a single day while the interest of the money that you borrowed was increasing each day. Op can give it a try with the affordable money he had and measure the skills he has if he really capable on making money in trading.

[Cornia]

It is never right to take a loan to trade. And for a newbie trader, it's never right. Trade is a game of money. There must be win and loss here. And whatever the win or loss, you have to repay the loan. If you lose money in trading, you will have extra pressure to repay the loan.

[Oceat]

Taking a loan is always a risky task especially if you are a beginner in trading there's no chance you could make more profit with the money you borrowed since you don't have an experience in trading. This topic is already been discussed many times so this should teach newbies to avoid using or taking a loan just to trade or invest in crypto.

If you don't know the market well you should avoid unnecessary actions to further damage you in the future. Trading is different from gambling so don't take it lightly just like you were buying and selling because crypto currency market price has a higher volatility movement.

[kawetsriyanto]

As a beginner borrowing money to trade is not the best.

If you are a beginner, you don't need to hurry trading/investing with a big amount of money. Borrowing money to trade/invest is a very bad idea for the beginners, even experienced traders/investors will think twice before deciding to take loan money. Crypto market is very unpredictable, we don't know what's to happen in the market tomorrow. If the market is bleeding for a long time, it will be a big problem if you are using loan money. As a beginner, it is better to trade/invest with a small amount of money, use the money you can afford to lose. If you still have no money, just focus on learning first.

[agustina2]

The joy in trading is when the money which is been used to trade is owned by the trader. Normally trading is something that is unpredictable, one can't really know or see the outcome if it will be a big loss, small loss or big win, small win. When money that is been used for trading is owned by the trader if there should be loss he may not too feel about the loss, unlike when the money which was been used for trading is borrowed,  in a case whereby the person do not have good source of income.

I know someone who started how to trade about four months ago. He is a beginner in trading, I don't really know how good he is, but to him he may feel he can always make earnings. I think he was so confident in himself, he had to borrow money for trading which he could not make good profit. As a beginner borrowing money to trade is not the best. It is not even advisable to use all the money one has to trade or invest talk much of to borrow to trade.

Even an experience traders doesn't have an assurance too that he can take profits out from the loan. If a beginner will do it, he is just adding some big problems on his mind as we know loans have fixed payout and terms.

If he loaned to a friend or close one, maybe it's all about verbal and no terms when they should pay. But when a trader loaned to an lending institution or lending service/business, it's mandatory to follow the payment terms. Crypto is so volatile that the loan amount might become zero in value in just matter of few days. Too risky and everyone should stay away with that.

[GreatArkansas]

This can be related to, "taking a loan, just to gamble". There is always the risk, even when you do some business, you still can't guarantee the profits, and there is always a chance that you will lose.
So, the famous quote comes here, "Invest what you afford to lose". Which is indeed correct and on the point.
Try first to learn more about trading, build your foundation and once you have extra money to trade in, use it without borrowing so you will not get rekt with interests if you are planning to loan or borrow money.

[Wexnident]

It's never advisable to borrow money under any circumstances tbh, whether it's for trading or not. Like for real, unless absolutely necessary like you'd die the next day if you don't borrow money, then don't. A loan is like something of a gamble really, it's like you took it since you failed in a gamble, so you're taking another one just to fix the first gamble you did, only to replace it with this one. Plus, it also stresses the one you borrowed from, whether it's a stranger (lending company) or a relative/ friend, it's quite problematic for them as well.

[Strongkored]

If you are someone who relies income only on trading activities then this is very risky especially if you are a beginner, entering the trading world only based on people's success stories without learning that trading especially crypto is not as easy as their story there is a lot to learn and it takes time, sometimes you can lose not only getting big profits, but indeed using borrowed money for trading is not recommended especially when you don't understand the risks of trading.

[Victorycoin]

It is not a good idea to take a loan in trading the market is not stable here if the value of the currency you have invested in goes down it will be difficult for you to repay the loans are not always profitable in some  there is a loss the exchange devalues there will be losses. If the dollar continues to depreciate it is a loss for entrepreneurs it is good if the dollar rate rises suddenly but the crypto market is less sure when the market will go in any direction.

[Masplanc]

Borrowing to trade is not a good idea at all especially with a trader with no strategies and experience in trading. It is very risky , sometimes trading is like a game , wining the game is under probability it's uncertain.

[cheezcarls]

The joy in trading is when the money which is been used to trade is owned by the trader. Normally trading is something that is unpredictable, one can't really know or see the outcome if it will be a big loss, small loss or big win, small win. When money that is been used for trading is owned by the trader if there should be loss he may not too feel about the loss, unlike when the money which was been used for trading is borrowed,  in a case whereby the person do not have good source of income.

I know someone who started how to trade about four months ago. He is a beginner in trading, I don't really know how good he is, but to him he may feel he can always make earnings. I think he was so confident in himself, he had to borrow money for trading which he could not make good profit. As a beginner borrowing money to trade is not the best. It is not even advisable to use all the money one has to trade or invest talk much of to borrow to trade.

Of course, it’s risky. I mean….very risky at all!

It’s not a good idea to loan money for the purpose in using those funds for cryptocurrency trading. When I was broke, even if I wanna do crypto trading or investing into ICOs, I never borrowed funds from my parents, sisters, etc. Instead I found a way in selling unnecessary and important items that I have and doing small side jobs, and I use some of it for investing and trading until I finally had my breakthrough in joining airdrops and bounty programs in the glory days of 2017.

That’s just me of course. But once again yes I have to agree 100% that borrowing money for the purpose of crypto trading is a very bad idea. Coz’ you don’t know where will the price go, as it may go down the wire and stress you up for good.

[tvplus006]

...As a beginner borrowing money to trade is not the best. It is not even advisable to use all the money one has to trade or invest talk much of to borrow to trade.

If trading on the spot market brings you profit, then it may be time to use the leverage provided by the exchange. In practice, this looks the same as a loan received from a bank, but it is just as dangerous and will lead to the loss of the deposit if you do not understand the basics of trading and risk management.

[Ararbermas]

Probably but it depends on the situation in my personal opinion, wherein if you know how trading really works and you know what will be the results afterwards perhaps there's no problem with taking loan to trade. If not and you're out of knowledge then its a big mistake to take loan.. Try to practice your skills in demo account first before anything else so that you know how to handle any situation in trading.

[Smartvirus]

It never strange on how this (taking a loan to invest or in this case, trade on, hope take interest  and eventually pay back the loan) becomes a way to some start for some persons. In fact, I've seen a few individuals who try this and often failed to meet up with the targeted profit.

Taking a loan to start up an investment already places a pressure on you. The pressure of, nothing can or should go wrong as, you not only got profit to make but, a capital to refund and as such, a lose is not an option. Just like that, a tension has started building up and it could make you seek opportunities in the unexpected places, not excluding taking wrong trades with huge lot sizes just to meet up with your target and all that could land you right in the pit hole  you wish to avoid. Its not a very fun thing to do #Taking investment loans.

[sarmrakib]

Borrow money if its sure profit but in trading, there’s no guarantee on this so its really risky but if you are ready for it, then why not as long as you can still pay that money you can really borrow. Its like putting up a business where mostly borrow funds from the banks, and they are paying it you just have to know the strategy in trading, and always do your best.

It is always risky to borrow money for trading .We just take it when we can do a guaranteed work where a sure profit will be return .Invest on trading by borrowing money it will never feel you safe .You can lose your money on trading then you will fall on a huge trouble .So i never wanna suggest someone to borrow money for trading .You can increase your skill and earn from that if it is not much it will be increase certainly after a period then learn properly before entering on trading .Remember trading is always risky you can loose your capital here .

[sumant]

Yes I will say forever don't take loan for trading. You can take loans for studies or any business. Trading is very risky method to earn money, in risky business I don't like to invest loans money because this trading can be a total loss game or when market comes down then loan money criteria will always be on your mind and you can not come out of this situation very easily for me I will not take loan for trading
 I will use my own money.

[hugeblack]

You mentioned trading in general, but for example, some types of trading, for example buying and selling gold, may not achieve large losses, but it will not achieve gains, and therefore you will not be able to pay the interest on the debt if there are interests.

Trading in high-risk assets, especially bitcoin, is very dangerous and the possibility of losses is the highest, and therefore it should not, in any case, be from debt or money you need at the present time.

You can trade in the surplus funds that you do not currently need.

[irsykes]

The joy in trading is when the money which is been used to trade is owned by the trader. Normally trading is something that is unpredictable, one can't really know or see the outcome if it will be a big loss, small loss or big win, small win. When money that is been used for trading is owned by the trader if there should be loss he may not too feel about the loss, unlike when the money which was been used for trading is borrowed,  in a case whereby the person do not have good source of income.

I know someone who started how to trade about four months ago. He is a beginner in trading, I don't really know how good he is, but to him he may feel he can always make earnings. I think he was so confident in himself, he had to borrow money for trading which he could not make good profit. As a beginner borrowing money to trade is not the best. It is not even advisable to use all the money one has to trade or invest talk much of to borrow to trade.

Not only risky thing, but i think people who do loan is too confident that they will always gain profit in trading. Being confident is good, but too confident can be boomerang which will hit us anytime we made mistake. I have seen someone who do that too, also beginner trader too because i never seen him involved in crypto then he made profit at first time and think if he use larger capital he will gain more. And everyone must be already know what happened next.

[geegaw]

Borrow money if its sure profit but in trading, there’s no guarantee on this so its really risky but if you are ready for it, then why not as long as you can still pay that money you can really borrow. Its like putting up a business where mostly borrow funds from the banks, and they are paying it you just have to know the strategy in trading, and always do your best.

It is always risky to borrow money for trading .We just take it when we can do a guaranteed work where a sure profit will be return .Invest on trading by borrowing money it will never feel you safe .You can lose your money on trading then you will fall on a huge trouble .So i never wanna suggest someone to borrow money for trading .You can increase your skill and earn from that if it is not much it will be increase certainly after a period then learn properly before entering on trading .Remember trading is always risky you can loose your capital here .

Guaranteed is just an absolute formula that exists in legends, you can look at the facts about banks, they are professionals for lending services and their clients are all owners of corporations, these owners always take on projects with no guarantees, they take risks but they can admit it and they have grounds for compensating. Investing from the start has been the ladder of failure, despair and golden heels of success, pumping a little more capital is just a little more intense feeling, but success also makes it more seismic.

[Cling18]

It is not advisable for someone to borrow money. It is like borrowing money to gamble. If you're just going to put that at risk without any guaranteed return.

Please, don't do that and don't use others' money for it.

Because there is no guarantee.

Borrowing or loaning just to have something to trade wouldn't be a smart idea. As for me, if a person wants to invest, then he needs to earn and save first so he would have enough funds to trade using his own money. Cryptocurrency is volatile and trading is like gambling where there's no assurance of a good profit so you could possibly lose your funds.

[Renampun]

The joy in trading is when the money which is been used to trade is owned by the trader. Normally trading is something that is unpredictable, one can't really know or see the outcome if it will be a big loss, small loss or big win, small win. When money that is been used for trading is owned by the trader if there should be loss he may not too feel about the loss, unlike when the money which was been used for trading is borrowed,  in a case whereby the person do not have good source of income.

I know someone who started how to trade about four months ago. He is a beginner in trading, I don't really know how good he is, but to him he may feel he can always make earnings. I think he was so confident in himself, he had to borrow money for trading which he could not make good profit. As a beginner borrowing money to trade is not the best. It is not even advisable to use all the money one has to trade or invest talk much of to borrow to trade.

Borrowing money to trade is a coercive act...

I've also done something like this before, I borrowed several thousand dollars to trade with full confidence that I would make a profit but the reality is that I ended up in debt and all my capital ran out. If you are a newbie, borrowing money for trading is not recommended.

[Jasad]

Maybe when bitcoin up and take loan then happen like today will get much profit because bitcoin and altcoin price dump, but not guarantee with bitcoin and altcoin always dump. Better looking for other payment not using cryptocurrency for taking loan, when price pump you need to pay more than your money loan and added few as fees loan more than 5% until 10%.

[jaberwock]

Yes I will say forever don't take loan for trading. You can take loans for studies or any business. Trading is very risky method to earn money, in risky business I don't like to invest loans money because this trading can be a total loss game or when market comes down then loan money criteria will always be on your mind and you can not come out of this situation very easily for me I will not take loan for trading
 I will use my own money.

Why do we tell people to not take a loan to trade? Is it because it is a loss for sure, or is it because they would have hard time paying it back? Let me tell you the main reason, if you take a loan and if your repayment depends on crypto going up, then you will end up losing a lot of money and maybe not even be able to pay your loan back which means they may get to take your stuff away, and there are many financial results of it.

However if you have 10k dollars income, and save 2k per month, and you decide to take a loan that requires you to pay 1k per month back, then is it still bad? Even if crypto goes to zero, you get to still repay it back. In that case, is it still bad? I do not think so.

[Hamphser]

The joy in trading is when the money which is been used to trade is owned by the trader. Normally trading is something that is unpredictable, one can't really know or see the outcome if it will be a big loss, small loss or big win, small win. When money that is been used for trading is owned by the trader if there should be loss he may not too feel about the loss, unlike when the money which was been used for trading is borrowed,  in a case whereby the person do not have good source of income.

I know someone who started how to trade about four months ago. He is a beginner in trading, I don't really know how good he is, but to him he may feel he can always make earnings. I think he was so confident in himself, he had to borrow money for trading which he could not make good profit. As a beginner borrowing money to trade is not the best. It is not even advisable to use all the money one has to trade or invest talk much of to borrow to trade.

You would really be having that feeling which would really be different since when you do make use of loan money then desperation would really comes in mind because you do really need to pay up for some interest

unlike when you are using your own money from your pocket then you would definitely be not that pressured on doing so and thats really the difference when it comes to emotional aspect.

Taking a loan for the sake of investing on crypto or crypto trading is something that a certain someone musnt do because it is way too risky.

[Mahanton]

The joy in trading is when the money which is been used to trade is owned by the trader. Normally trading is something that is unpredictable, one can't really know or see the outcome if it will be a big loss, small loss or big win, small win. When money that is been used for trading is owned by the trader if there should be loss he may not too feel about the loss, unlike when the money which was been used for trading is borrowed,  in a case whereby the person do not have good source of income.

I know someone who started how to trade about four months ago. He is a beginner in trading, I don't really know how good he is, but to him he may feel he can always make earnings. I think he was so confident in himself, he had to borrow money for trading which he could not make good profit. As a beginner borrowing money to trade is not the best. It is not even advisable to use all the money one has to trade or invest talk much of to borrow to trade.

You would really be having that feeling which would really be different since when you do make use of loan money then desperation would really comes in mind because you do really need to pay up for some interest

unlike when you are using your own money from your pocket then you would definitely be not that pressured on doing so and thats really the difference when it comes to emotional aspect.

Taking a loan for the sake of investing on crypto or crypto trading is something that a certain someone musnt do because it is way too risky.

Definitely be a main emotion that you would really ever felt and basing up with true or real experience then you are definitely right on this one because it is really giving out that different vibe when you do trade or make out
decisions because there's something behind that you do really need for you to trade well because you do have something to be paid on when due date comes which is totally bullshit kind of feeling if you do ask me because ive been put up on this kind of situation on where you dont have any choice but to be wise in regards to your trades or else you would really be fucked up in the end of the line.

[livingfree]

It is not advisable for someone to borrow money. It is like borrowing money to gamble. If you're just going to put that at risk without any guaranteed return.

Please, don't do that and don't use others' money for it.

Because there is no guarantee.

Borrowing or loaning just to have something to trade wouldn't be a smart idea. As for me, if a person wants to invest, then he needs to earn and save first so he would have enough funds to trade using his own money. Cryptocurrency is volatile and trading is like gambling where there's no assurance of a good profit so you could possibly lose your funds.

Using his own money really has to be made when you're for investments. And this is crypto, very volatile market and there's no guarantee that a borrower can pay back on time.

It's not always on the profit.

We've got more time of corrections too and that's really not ideal.

[Zilon]

Trading on a borrowed currency is like tying a huge rope around once neck. It's very preferred if a trader losses his/her own trading capital because such wouldn't have to remit the loss to anyone but on a borrowed currency the trader would have to source for funds to pay back his loans and also would be under pressure while trading because the capital isn't theirs

[Trouvaille]

Loan transactions are very risky. The beginners of trading do not have enough trading knowledge and experience, and it is very difficult to make quick profits in the trading. If the transaction fails, you will bear the lost funds and borrowed money and you will lose more and more.

When you first start trading, you must trade within your own funds, and you must also learn trading knowledge and accumulate experience to reduce trading losses.

[gabbie2010]

Maybe when bitcoin up and take loan then happen like today will get much profit because bitcoin and altcoin price dump, but not guarantee with bitcoin and altcoin always dump. Better looking for other payment not using cryptocurrency for taking loan, when price pump you need to pay more than your money loan and added few as fees loan more than 5% until 10%.

I once took a loan to invest in crypto precisely Bitcoin having studied that  the price had dipped coupled with some charting analysis and candlestick patterns though I knew it a bit risky should the price continue to dip absolutely it going to result to losses however the price reversed and I made some profit though I didn't trade with a high a leverage having know the high risk involved in that type of trading, however I feel relaxed and not under any pressure if using my personal funds for trading unlike taking a loan to trade

[traderethereum]

Taking a loan to trade or invest will not suggestion, especially in this cryptocurrency, because we never know when our investment will increase and how long our coin will stay at a lower price.
It is too risky to invest in crypto using that borrowing money because we need to pay that money monthly while we do not know when to make a profit, even if you are a pro trader who can analyze better than the other trader.
But if you have another source of income and you are sure that you can pay the fee monthly, that will be up to you and hopefully, you can make a profit every day so you do not confuse to pay the fee.
But always think twice before you decide because that will be difficult if you do not know the risk.

[llooafer]

I suggest not to take a loan for trading. If you have good investment experience or methods, and you believe in yourself, you can take a loan for investment. If not, then reject the loan investment, the investment may fail, and the consequences must be considered.

[danherbias07]

The joy in trading is when the money which is been used to trade is owned by the trader.

This is correct and that should stop there. Never risk money that ain't truly yours. Never even have a thought of borrowing money just to tell yourself you can double it with investing or trading.
I have been on that trouble before as I want to loan with banks. Some will say it's okay since banks will give a lot of chance to pay it in different methods but thankfully, I resisted the urge to do it and just worked harder to invest my own day job salary rather than a loan.
Being on a situation with thoughts on how to pay the loan is stressful, so how can you concentrate to successfully win a trade if you can't even think straight.

[lixer]

The joy in trading is when the money which is been used to trade is owned by the trader. Normally trading is something that is unpredictable, one can't really know or see the outcome if it will be a big loss, small loss or big win, small win. When money that is been used for trading is owned by the trader if there should be loss he may not too feel about the loss, unlike when the money which was been used for trading is borrowed,  in a case whereby the person do not have good source of income.

That’s one thing to avoid. Borrowing money to trade in this market is a huge risk. You’re not only going to be worried about the fact that you’re losing the money, you’re also going to be worried that it is a money that doesn’t belong to you and you would have to pay it back. Of course, I have seen a few people who have taken this risk and were lucky, but majority of those that tried it lost their money, so it is a huge risk to take. Best thing for one to do is to raise the money by themselves and then invest it in trading. Owning the money you’re using for trade is the best thing you can do for yourself.

[passwordnow]

Any investment is risky. If you have the ability to repay, you can borrow money.

If you are capable of paying then just save the money and use it for your own investment rather than get a loan from someone. You might compromise the assurance of your paying capacity because your trade could lose.

However, if you do not understand the project, it is not recommended to borrow money to invest.

Whether you also understand it. You have to look at the risk, any amount of risk should be considered by you before taking a loan or much better that you don't.

[semobo]

The joy in trading is when the money which is been used to trade is owned by the trader. Normally trading is something that is unpredictable, one can't really know or see the outcome if it will be a big loss, small loss or big win, small win. When money that is been used for trading is owned by the trader if there should be loss he may not too feel about the loss, unlike when the money which was been used for trading is borrowed,  in a case whereby the person do not have good source of income.

I know someone who started how to trade about four months ago. He is a beginner in trading, I don't really know how good he is, but to him he may feel he can always make earnings. I think he was so confident in himself, he had to borrow money for trading which he could not make good profit. As a beginner borrowing money to trade is not the best. It is not even advisable to use all the money one has to trade or invest talk much of to borrow to trade.

When someone is capable of trading and making profits then they are not going to be in a situation to take loans for their trading purpose, if not then they are taking risks which has high chance to become failure.

[Jasad]

On this forum have loan using bitcoin or altcoin depend which one do you choose but you have really trusted account and minimum Full Member rank above, I see every day have new people try to make loan with payment fees about 3% until 5% depend how many day loan take. I think is not good to get loan with cryptocurrency and you need pay fees with higher percent.

[dunfida]

On this forum have loan using bitcoin or altcoin depend which one do you choose but you have really trusted account and minimum Full Member rank above, I see every day have new people try to make loan with payment fees about 3% until 5% depend how many day loan take. I think is not good to get loan with cryptocurrency and you need pay fees with higher percent.

Whenever you do take up some loan here on crypto space then expect that interest would really be higher whenever there would be some pumps on crypto market prices which is also part of the burden.

As a lender then you would really took up the risk on for someone for you to grant up some loans and  of course this is also a risky part for them.It is really just really that risk to make

use of loaned money in all sorts.Always invest on the amount that you could afford to lose because you would really be having a hard time if ever the market would turn out against you.

[Desmong]

I don't recommend to take a loan, this is too risky because we can be sure if we will win with trading specially on complicated situations.
Maybe having savings from your job, would be a best strategy to use, you could save your money diverted to crypto assets like xrp and bnb.

For a trader to borrow money to trade is not as bad as what we think of a trader is good at what he does, the getting a loan will be a good advise to maximize profits so that the loan can be paid back in due time. B
If a so call trader is not that good in trading then getting a loan will not be advisable because the money can be lost and lead to debt.

[rhodelmabanal]

Taking a loan to trade is a very risky idea, many people had done this and they end up to losing. My advise is just start trading with a small amount of capital an amount that you can afford to loss that cannot burden your family. It is simply because in crypto trading we cannot really gain a stable profit and if we are going to take a loan there is a possibility that we cannot paid it on time and the interest may grow very quick bigger than our loan and we end up losing because of it.

[Rengga Jati]

I always convince myself and also the people around me, never use a loan for Cryptocurrency trading. When you get a profit, you might be able to restore quickly. But when the contrary, you will be in a difficult situation multiply.
This is not a matter of wanting to get money quickly by borrowing. But about how we take the risk that is too high, especially if we are a beginner. This is not a good step.
Just use your free money where you don't need it at a close time to start trading. Because in the world of Crypto, there is no warranty, there is no prediction that is 100% right.

[Luke Briggs]

Study the market deliberately, can be 100% profit, then you can borrow money to invest. But don’t take too big a risk if you can’t predict what the market will do. If I can live with the consequences.

[Fakhrulenclix]

It's a very big risk when trading with borrowed capital, I did this a few years ago when I first got to know crypto, so many mistakes will happen if the capital used is not unused money, let alone using loan capital that is limited in time. there will be panic when the price drops so that it makes other mistakes, I do not recommend taking a loan to trade because the risk percentage is very high.

[Zackgeno96]

Not just risky but also dangerous. You don't want to be in a debt that you can't pay because you took a loan and invest it to something you're not sure if you are going to win or lose. Trading is a form of investment and if you are going to invest you don't want to use other peoples money because there's a chance that you will lose, just like in gambling you won't take loan just to place bet.

It's really risky move I think. Even if you are good in trading don't borrow from others, if you are a good trader and have small capital then trade it until it became a big money just like what you have said your friends is a good trader, a good trader can make $1000 > $10,000 but it's just a matter of time.

[Reatim]

It is not advisable for someone to borrow money. It is like borrowing money to gamble. If you're just going to put that at risk without any guaranteed return.

Please, don't do that and don't use others money for it.

Because there is no guarantee.

I don't think that person in bright mind will do such action because trading is the hardest way to earn in crypto so meaning having a loan just to risk is something like gambling your money.
why not just do it  in your own capacity to gain funds than loaning?
and if i am to lent? lol i will never let it ask me funds if this will only use to invest in crypto.

[adzino]

The joy in trading is when the money which is been used to trade is owned by the trader. Normally trading is something that is unpredictable, one can't really know or see the outcome if it will be a big loss, small loss or big win, small win. When money that is been used for trading is owned by the trader if there should be loss he may not too feel about the loss, unlike when the money which was been used for trading is borrowed,  in a case whereby the person do not have good source of income.

I know someone who started how to trade about four months ago. He is a beginner in trading, I don't really know how good he is, but to him he may feel he can always make earnings. I think he was so confident in himself, he had to borrow money for trading which he could not make good profit. As a beginner borrowing money to trade is not the best. It is not even advisable to use all the money one has to trade or invest talk much of to borrow to trade.

Its going to be a very bad idea to borrow money from some to trade or invest in crypto currencies. If you take loans, you will have to keep in mind that you have to pay back with interest. Those interests are going to kill your profits. And then there is a risk of losing everything. The crypto market is very volatile. One wrong move, you will be in financial debt forever. If one cannot afford to invest/trade, then he shouldn't. The rewards he will be getting isn't worth the risk he will be taking. Save money fist and then use those for trading.

[Alisha FR]

Beginners should know the market situation and knowledge of crypto and how to trade properly. They have no money to trade and borrow to trade, this is not a good idea. They have put trading as their main job, but their income here is uncertain and the risk of loss is higher. It's better if don't have enough money, so be patient, there will be opportunities in the future to trade and be able to earn by trading. Do not do things that bring harm in everyday life.

[imstillthebest]

The joy in trading is when the money which is been used to trade is owned by the trader.

i think no and i believe there are traders that dont borrow money but they are still not happy when they loose . imo it doesnt matter if you borrow money of not but what important is your enjoying what your doing and can accept whatever the results  .

I know someone who started how to trade about four months ago. He is a beginner in trading, I don't really know how good he is, but to him he may feel he can always make earnings.

you didnt totally know him but he know to himself that he can do it so why will you stop him and besides thats his loss if the trade didnt go well , dont pressure your self too much because the worst thing that can happen is someone will get angry at you with that attitude .

[dimonstration]

Beginners should know the market situation and knowledge of crypto and how to trade properly. They have no money to trade and borrow to trade, this is not a good idea. They have put trading as their main job, but their income here is uncertain and the risk of loss is higher. It's better if don't have enough money, so be patient, there will be opportunities in the future to trade and be able to earn by trading. Do not do things that bring harm in everyday life.

It can be done by people who are knowledgeable in trading,  it will be a waste if they knew how to trade yet they don’t have any means to use it since they dont have budget to start. I knew some people who wrk in trading companies for investment who take loans to start trading for their own and now she is no longer employed and now using trading as his source of income. It will depend , if we know what were getting into then maybe it could be worth a try. Just make sure we really do what were doing.

[crwth]

If you treat trading as a business, I don't think it will be as risky "if you think about it" because you will understand how to manage your risks and losses and prevent you from further hardships and losing money. It's different on how you will see it, and then the result will be good. Either way, you can control what you are doing, and you should treat it for longer timeframes.

I know successful people, and they are risking a lot of money with their trading, and they are even borrowing money to widen further the profit area they have already. It depends on the person who will do it.

[arbifahrozy]

Most of my friends had taken loans from my relatives for trading and they are trading since a year, But most of them are in profit even , and a little of them are in loss. It all depends upon the market, the person lucks sometime and the strategy the trader is following. All of these things in trading plays an important role and giving success to a trader.

[Beparanf]

Most of my friends had taken loans from my relatives for trading and they are trading since a year, But most of them are in profit even , and a little of them are in loss. It all depends upon the market, the person lucks sometime and the strategy the trader is following. All of these things in trading plays an important role and giving success to a trader.

Luck if we are talking about the on when they know crypto to enter on early price before the pump but if its about trading itself the I don't believe on luck. You have the full control of your profit and loss when trading because there's technical analysis to help you on when to take profit and cut loss the chance of having a profit in trading is very high with the proper application of technical and fundamental analysis of the token you are prospecting to trade.

[blockman]

Most of my friends had taken loans from my relatives for trading and they are trading since a year, But most of them are in profit even , and a little of them are in loss. It all depends upon the market, the person lucks sometime and the strategy the trader is following. All of these things in trading plays an important role and giving success to a trader.

Not totally luck if it's trading, maybe those friends of yours are quite good enough and they are experienced traders. But even if they're mostly in profit, it's a huge risk that they've taken. Do you have a breakdown on how much your friends borrowed and how much they've gained from that loan that they've took from your relatives? It is easy to say in words that you've got friends who borrowed and won with their trades when in fact mostly are losing.

[RokokGudangGaram]

I do not believe that this is good decision, neither it is advisable to do, since there is no assurance with the circumstances of events which means that a person’s capacity to pay back the loan is indefinite as well. I think that it would be better to just save money, then use whatever you have, or you can even start small first and test the waters. Loans are very risky, even with the enormous knowledge a trader has.

[nurilham]

not all traders make a profit and it is too risky to trade with borrowed money because we don't know whether to make a profit or a loss. I've heard a lot of incidents like that and it's very risky, they even sell all their assets such as houses to pay off their loans because they experience losses. if you are still a beginner then start with a small capital first, don't be in a hurry to get big results. hold our emotions in order that we are not to be affected by the ups and downs of the crypto market.

[suzanne5223]

Most of my friends had taken loans from my relatives for trading and they are trading since a year, But most of them are in profit even , and a little of them are in loss.

Taking of loan in other to trade is a greedy move and this could also lead to addiction soon or later. This is the reason why the FCA doesn't support leverage trading because the rules of making success in every investment setting are to only invest the amount you can afford to lose.

It all depends upon the market, the person lucks sometime and the strategy the trader is following. All of these things in trading plays an important role and giving success to a trader.

Success in trading has nothing to do with luck but the experience and how well the trader does her homework. Check every successful trader testimony they will tell you they study the market very well before they hit the jackpot.

[rahmatullah9305]

Lending money to trade is too risky and should be avoided. No matter how much like to trade in the crypto space if don't have capital, shouldn't cut corners by borrowing. The market is not easy to predict, especially for beginners who do not have skills in trading, you should do things to get to know the market better by always looking at the market situation. In the future, if  already have new personal capital do invested, this is quieter in trading and does not affect bigger emotions if the market dumps.

[Tumanggor]

Borrowing money for trading is risky because the money you borrow can't necessarily be returned
the desire to win is very big when you borrow money to gamble as a result the opposite happens, you actually lose and may lose capital

it is not recommended to taking a loan to trade but if you are a professional in trading and have a good track record then it is a good move if you taking loan to trading

[Smartvirus]

A lot of persons like to think they all too professional to loose. They often tend to belive that, they are limited only by capitals else, they could have archived a lot and so you have them, taking loans to invest in trades, open trading firms with investment packages to seek funds and propose a regular returns on those funds. Sooner than later, you find them running into troubles as they aren't able meet their targets.

It's the way it is when, your handling people's money. It introduces a different kind of pressure or emotion to your trading. Either you've always profited before or not, your out to face a differen form of constraint in the market and in many instances, it might not be favourable. Trading on a loaned capital isn't any thing good to me!

[Shasha80]

Lending money to trade is too risky and should be avoided. No matter how much like to trade in the crypto space if don't have capital, shouldn't cut corners by borrowing. The market is not easy to predict, especially for beginners who do not have skills in trading, you should do things to get to know the market better by always looking at the market situation. In the future, if  already have new personal capital do invested, this is quieter in trading and does not affect bigger emotions if the market dumps.

Borrowing money for trading is not only risky, it can also cause problems. Especially for beginners who do not have the knowledge and
experience of trading, if they trade using borrowed money, it is certain that they will be in debt. Because volatile markets are not easy
to predict, even for traders who have good analytical skills there is no guarantee that predictions are made accurately. Then borrow money
must pay installments, while there is no certainty of profit generated. So my advice if we don't have capital we shouldn't need to force trading,
 it's better to collect capital first by working, not by borrowing money.
 

[Quidat]

Lending money to trade is too risky and should be avoided. No matter how much like to trade in the crypto space if don't have capital, shouldn't cut corners by borrowing. The market is not easy to predict, especially for beginners who do not have skills in trading, you should do things to get to know the market better by always looking at the market situation. In the future, if  already have new personal capital do invested, this is quieter in trading and does not affect bigger emotions if the market dumps.

Borrowing money for trading is not only risky, it can also cause problems. Especially for beginners who do not have the knowledge and
experience of trading, if they trade using borrowed money, it is certain that they will be in debt. Because volatile markets are not easy
to predict, even for traders who have good analytical skills there is no guarantee that predictions are made accurately. Then borrow money
must pay installments, while there is no certainty of profit generated. So my advice if we don't have capital we shouldn't need to force trading,
 it's better to collect capital first by working, not by borrowing money.
 

When do talks about risk then it would be always be accompanied with danger but of course it would really be having some benefits if it turns out to be good but if not then expect the opposite.
Taking some loan for you to make out some crypto investment isnt bad as long you do able to repay those interest in other sources which do basically means that you wont really be
relying on those crypto investment for you to repay then i could say that it is really just fine but if you do make it as a main source then this is where problem begins.

[DoublerHunter]

not all traders make a profit and it is too risky to trade with borrowed money because we don't know whether to make a profit or a loss. I've heard a lot of incidents like that and it's very risky, they even sell all their assets such as houses to pay off their loans because they experience losses. if you are still a beginner then start with a small capital first, don't be in a hurry to get big results. hold our emotions in order that we are not to be affected by the ups and downs of the crypto market.

^ This is not making a profit for them, this is just gambling.
You gamble your asset that hoping it will double or triple the value when you are successful in trading. But the fact is you have a lack of knowledge that you should not on trading, trading needs skills and knowledge, and if you don't have this much better if you will stay away from trading. That is why we keep giving them a warning or advice, always invest of what you can afford to lose because, in trading, there is no guarantee that you will make a profit. Everything is volatile.

[harizen]

I know someone who started how to trade about four months ago. He is a beginner in trading, I don't really know how good he is, but to him he may feel he can always make earnings. I think he was so confident in himself, he had to borrow money for trading which he could not make good profit. As a beginner borrowing money to trade is not the best. It is not even advisable to use all the money one has to trade or invest talk much of to borrow to trade.

I don't know what thinking do people new to trading consider taking a loan to start trades.

Since they are new, how can they able to understand the pressure of doing trades. They don't have the experience to deal with emotions and stress. How can they make profits if they didn't experience the worst yet? That was a risky move and instead of taking profits out from that loan, they are just adding the stress once they lose all the borrowed money.

Good luck to them and to those people who will attempt to do it.

[Ryder Kudrow]

The crypto market is difficult to predict, and it is not advisable to borrow money to trade. Trading is very risky. Not all transactions can be profitable. Borrowing money will lose more funds when you lose money.

Invest within the limits of your own funds, so that you have the ability to guarantee normal payment of funds even if you lose money in the transaction.

[Theones]

Well its nothing more then a stupidity to borrow money for trading (day trading or short term trading). Trading is no more different then gambling, when you win you win big and vice versa. Even if you have your own money, its advisable not to invest whole amount in day trading rather put majority in Long term investment.
Remember there are majority of traders that end up in loss. Why do more than 80% of traders lose money?

[Ultegra134]

I would never trade or gamble with money that isn't solely mine. Shit happens and then you'll be unable to pay back the loan, if you don't have your own money, it's best not to trade at all. Trading is extremely risky itself, but doing it with borrowed money takes it to another level of risk.

You'll eventually lose a trade or two, you'll get greedy and who knows what your next moves might be.

[lovemycar]

It's not just a risky task, it's more like a fool. Don't underestimate the harvesting ability of the market. Whether you are buying up or down, this is an extremely irrational behavior. Unless you are desperate, ready to meet God at any time.

[Hobo66]

There are so many fluctuations in trading. There is no guarantee whether there will be loss or gain. If you take a loan for trading, and you don't have much knowledge about trading, then you can lose all the money. Taking loan for trading is very risky. Because you don't even know that you will get benefit as a result of this money in trading or loss that money too.

[Eureka_07]

The joy in trading is when the money which is been used to trade is owned by the trader. Normally trading is something that is unpredictable, one can't really know or see the outcome if it will be a big loss, small loss or big win, small win. When money that is been used for trading is owned by the trader if there should be loss he may not too feel about the loss, unlike when the money which was been used for trading is borrowed,  in a case whereby the person do not have good source of income.

I know someone who started how to trade about four months ago. He is a beginner in trading, I don't really know how good he is, but to him he may feel he can always make earnings. I think he was so confident in himself, he had to borrow money for trading which he could not make good profit. As a beginner borrowing money to trade is not the best. It is not even advisable to use all the money one has to trade or invest talk much of to borrow to trade.

Yep it isn't the best Ideal, specially if it has high interest rate. Honestly recently I thought of borrowing quite large money so we can invest it to blockchain games that we know. We thought about loaning since we are too positive that the price of the token that we could gather will just take over our total loan. Now, the price of the token is in dip. Luckily the loan was rejected since the requested loan amount is just too high and that was just my first loan request.

[otundebis]

I think it is general opinion that you don't borrow to trade,  however,  defi investment in Cryptocurrency market have changed all that.  Actually,  you can borrow to trade, to short,  to buy various type of option and many other financial instruments in defi!  Borrowing has become a tool for making money in Cryptocurrency and there are still many innovation coming up with borrowing!

[jostorres]

I know someone who started how to trade about four months ago. He is a beginner in trading, I don't really know how good he is, but to him he may feel he can always make earnings. I think he was so confident in himself, he had to borrow money for trading which he could not make good profit. As a beginner borrowing money to trade is not the best. It is not even advisable to use all the money one has to trade or invest talk much of to borrow to trade.

Do not listen to anyone who doesn't understand how loans work. If you end up getting a loan and buy bitcoin with it and assume that the increases would allow you to not only make money but also allow you to pay your loan back, then you are an idiot. However loans are out there to improve your finances, is there a method you can get a loan, use it on crypto, and improve your finances? That means you should take it.

Coinbase took out loans in sizes of whole neighborhoods real estate value, did they fail? They did not bankrupt right? Well, not so far. Look at Wall Street, there are banks that got billions, the whole loan was 800 billion I believe, and they get cash injections in billions every day. Just know why you are getting a loan, if it is a stupid reason then don't get it, if you can justify it then you should get it, that is how the loan world works.

[tvplus006]

Borrowing money for trading is risky because the money you borrow can't necessarily be returned
the desire to win is very big when you borrow money to gamble as a result the opposite happens, you actually lose and may lose capital

it is not recommended to taking a loan to trade but if you are a professional in trading and have a good track record then it is a good move if you taking loan to trading

If you are a professional in trading, then you should already have a decent deposit that will allow you to do without credit funds from the bank. Most often, beginners who do not have a deposit and want to solve this problem at the expense of borrowed funds think about getting a loan. But beginners need to think first of all about gaining knowledge, and not about loans, which they will definitely lose without knowledge.

[crzy]

I would never trade or gamble with money that isn't solely mine. Shit happens and then you'll be unable to pay back the loan, if you don't have your own money, it's best not to trade at all. Trading is extremely risky itself, but doing it with borrowed money takes it to another level of risk.

You'll eventually lose a trade or two, you'll get greedy and who knows what your next moves might be.

Professional traders are doing this but its really not advisable because of the risk in this market and if you can’t really afford to pay that loan better not to try at all and just use your own money to start in this market no matter small or big it is. Borrowing money is a sign of being greed, and without the knowledge you can lose it.

[Scripture]

I would never trade or gamble with money that isn't solely mine. Shit happens and then you'll be unable to pay back the loan, if you don't have your own money, it's best not to trade at all. Trading is extremely risky itself, but doing it with borrowed money takes it to another level of risk.

You'll eventually lose a trade or two, you'll get greedy and who knows what your next moves might be.

Professional traders are doing this but its really not advisable because of the risk in this market and if you can’t really afford to pay that loan better not to try at all and just use your own money to start in this market no matter small or big it is. Borrowing money is a sign of being greed, and without the knowledge you can lose it.

Not just the professional traders, there's a lot of newbies who are taking loans just to start their trading journey and guess what, most of them failed to repay their loans and they are not being hunt by the banks. There's a lot of downside if you start trading thru your borrowed capital and the risk is very high for that so this is not an advisable strategy, you can actually start by just $100 and then make it grow on your own which is more better than to borrow money.

[Hippocrypto]

The joy in trading is when the money which is been used to trade is owned by the trader. Normally trading is something that is unpredictable, one can't really know or see the outcome if it will be a big loss, small loss or big win, small win. When money that is been used for trading is owned by the trader if there should be loss he may not too feel about the loss, unlike when the money which was been used for trading is borrowed,  in a case whereby the person do not have good source of income.

I know someone who started how to trade about four months ago. He is a beginner in trading, I don't really know how good he is, but to him he may feel he can always make earnings. I think he was so confident in himself, he had to borrow money for trading which he could not make good profit. As a beginner borrowing money to trade is not the best. It is not even advisable to use all the money one has to trade or invest talk much of to borrow to trade.

Indeed, most of us thought that it wasn't best for us to take a loan but that's what's going on with other traders and investors. They'll always making trading almost like that, taking loans without thinking negative behind. Some newbies don't matter as long as they would get profit out of risk. On my personal perspectives, we may get profit but we don't have an assurance for when it would come to us. Banking loans couldn't wait that because we're going to have a monthly amortization which needed to be complied.

[Slow death]

The biggest problem in trading with borrowed money is the pressure that the person is under to return the money within the agreed period and this forces the person to have to trade with greater risk in order to have a higher return to meet the loan repayment term. as we know there are days when trading profits are low but when you have a loan to pay the person will have to be forced to have high profits even on days when you had low profits because there is a deadline that you must meet to pay the loan

[TelolettOm]

Of course. taking a loan is very risky moreover if we are willing to invest in the crypto or trade this crypto. The interest of loans will be always continuing due to time and we cannot get guarantee whether our investment will earn more and more money or not. If the codnitionof the market is opposite with what our epxectation, the market goes dropped and dropped, what we will do to pay the loan and its interests? Even it is only by step on step payment monthly, it will be very risksy.
Many people panic about this situation and the taking loan to invest in Bitcoin when the price is at that ATH or when it was skyrocketing But after investing, the price goes down like right now happening in the crypto market currently.

[Rruchi man]

The joy in trading is when the money which is been used to trade is owned by the trader.

If you call yourself a good trader, and it so happens that you have no money to trade, what i think of you is that you are

- Just a fresh out Demo trader that thinks he has mastered demo trading and he is super confident that with a few bucks, he can can start making money, so he just looks for any means possible to get the money to start trading, or

- A trader who is not good enough. It may be possible that you have lost all your money maybe to a bad trade or something, but that's not excuse enough, because a good trader understands risk management.

I understand that there may be some extreme cases where maybe a domestic crisis or emergency may push you to liquidate your accounts to raise cash, when bouncing back from such situations, an experienced and good trader knows that even considering to borrow to start trading is stupidity in disguise.

[markdario112616]

Im quite unsure on this, Isn't this a huge risk not only for the one lending but also for the lender? Let's say, Tne lender is just a mere person or a friend or a family. Without a security this could be something that can break them a part. But why loan just to trade? Why not trade alone using your savings? I mean, I get a lot are not capable to do that but still this isnt advisable. It's like you gamble away, which is the one we are trying to point out. Trading isn't supposed to be a some sort of gambling. It should be considered as Investment.

[Tashana]

Yes, it is undoubtedly a very good channel to make money when the trend is rising, but when the trend is not obvious, it is very likely to lose your principal.

[Aurorra]

Loan transactions are indeed very risky. Although cryptocurrency is profitable, the more money you invest when the price rises, the more profit you get. But when the price drops, you have to bear more economic losses. So don't choose loan transactions, and trade within the range of funds you can afford.

[Rafae]

Perhaps it makes sense to take out a loan when you already have some experience and real income, but at the initial stage, in my opinion, this is unreasonable.

[tygeade]

Yes you are right, borrowing money to trade when you are not sure of the outcome of the trading is very risky. If you’re going to be trading you need your own money to do that, because in a situation whereby you lose that money you will have to start looking for a means to raise the money again and pay back to the person who you borrowed it from.

But when it is your own money, you wouldn't have to worry about that. A borrowed money has a time when you are meant to pay it back, and you have to be worried to make up that payment before the time comes. So, trading with a borrowed money is a huge risk, and it should be avoided.

[slaman29]

The biggest problem in trading with borrowed money is the pressure that the person is under to return the money within the agreed period and this forces the person to have to trade with greater risk in order to have a higher return to meet the loan repayment term. as we know there are days when trading profits are low but when you have a loan to pay the person will have to be forced to have high profits even on days when you had low profits because there is a deadline that you must meet to pay the loan

I always think borrowed money should only be in necessity. To study, to live, to get a house, etc, backed by something stable so you know you can always service the loan.

The real problem isn't the borrowed money used in investment and trading, but the individual belief that crypto has a low risk and a high chance to earn more to pay it all back (plus interest).

[Yamifoud]

Yes you are right, borrowing money to trade when you are not sure of the outcome of the trading is very risky. If you’re going to be trading you need your own money to do that, because in a situation whereby you lose that money you will have to start looking for a means to raise the money again and pay back to the person who you borrowed it from.

They don't have the capital to start that is why they decided to make a loan/borrow money but somehow they neglected to think about what will be its returns especially when that their trader isn't successful. Maybe if we are a pro-trader, this was not a big problem but for the beginners, that seems not advisable.
That is better to start the amount that only we have (not from others) and so we have no obligations when we fail. $50, $100, that seems so small but if that only we got, then that is what we have to use. Besides, trading is not all about having a huge capital or not, it is all about knowledge and skills.

[24Kt]

Yes you are right, borrowing money to trade when you are not sure of the outcome of the trading is very risky. If you’re going to be trading you need your own money to do that, because in a situation whereby you lose that money you will have to start looking for a means to raise the money again and pay back to the person who you borrowed it from.

They don't have the capital to start that is why they decided to make a loan/borrow money but somehow they neglected to think about what will be its returns especially when that their trader isn't successful. Maybe if we are a pro-trader, this was not a big problem but for the beginners, that seems not advisable.
That is better to start the amount that only we have (not from others) and so we have no obligations when we fail. $50, $100, that seems so small but if that only we got, then that is what we have to use. Besides, trading is not all about having a huge capital or not, it is all about knowledge and skills.

It is better to stick on trading with your own funds. Even if you are a pro, the risk is always there. Unless, you have other resources that you can use in case your trading failed. And put it as a collateral. Otherwise, just be contented on what you have as you can increase that capital if you really know the market.

[onecall123]

It is better to stick on trading with your own funds. Even if you are a pro, the risk is always there. Unless, you have other resources that you can use in case your trading failed. And put it as a collateral. Otherwise, just be contented on what you have as you can increase that capital if you really know the market.

Undoubtedly! The cryptocurrency market is not a get rich quick scheme. Don't borrow funds for crypto investment at the initial stage, it's too risky. Investing in crypto isn't a good way to raise emergency funds. Crypto is too volatile. How would you handle it if it was down by 50% the month you needed it for emergency expenses? You need to learn how to day trade and invest before taking any bold steps. Borrow money against your cryptocurrency to earn more.

[NicNacCoin]

There is a risk in every job in life. If you do not take risks in your life, you will never be successful.If you take a loan in cryptocurrency, you will have a lot of risk, but there is hope to get a lot of profit.We take loans with a leverage of 10x-20x-30x the with 200$ when trading. When there is profit, we get enough profit in a short period of time.And if we lose, our profits vanish in a short time. And especially if you can understand, then there is very little chance of loss.

[ReiMomo]

Just invest as much as you can just from your income. Never go for a loan for trading. Market is  volatile and it might move in any direction and we might not able to close off the debt, EMI on time which will put us in trouble. We have plenty of good coins at cheap rates. So go with what you can from your pocket. Never go for loan either from banks, friends or neighbors. 

[pelumi20]

It is not a very smart decision to take a loan or borrow money to trade. You are simply putting yourself in big trouble. Because trading could be unpredictable at times and the result of every single trade is unique, so it is possible to lose all your money. You would also be trading with emotions which is what every trader should avoid.

[GeorgeJohn]

Taking a loan to trade is categorized in two forms which i can classify as positive and negative, the negative aspect of it have a higher point of lost than the positive due to lost, because they is every tendency that a trade may get lost or gain, so therefore the positive aspect is not really sure from my perspective, because before a trade ensure that they will be surplus profit he or she might have study or read the market structure very well before adventuring into it, so the positive aspect is at very risky except its a professional trader who knows the rudiments of trading before taking the a loan for trading investment.

[Shasha80]

~

Borrowing money for trading is not only risky, it can also cause problems. Especially for beginners who do not have the knowledge and
experience of trading, if they trade using borrowed money, it is certain that they will be in debt. Because volatile markets are not easy
to predict, even for traders who have good analytical skills there is no guarantee that predictions are made accurately. Then borrow money
must pay installments, while there is no certainty of profit generated. So my advice if we don't have capital we shouldn't need to force trading,
 it's better to collect capital first by working, not by borrowing money.
 

When do talks about risk then it would be always be accompanied with danger but of course it would really be having some benefits if it turns out to be good but if not then expect the opposite.
Taking some loan for you to make out some crypto investment isnt bad as long you do able to repay those interest in other sources which do basically means that you wont really be
relying on those crypto investment for you to repay then i could say that it is really just fine but if you do make it as a main source then this is where problem begins.

I understand your explanation, it is quite safe if we borrow money to trade in crypto, but we have the income to pay the loan money. But sometimes
if the loan money runs out due to a loss when trading, we become lazy to pay the debt. Indeed, not everyone is like that, but it would be better if
the trading capital we use does not come from borrowed money. But back to each person's decision, if that person dares to take risks and dares to
bear the consequences, it's his right to trade with borrowed money.

[Hypnosis00]

It is not a very smart decision to take a loan or borrow money to trade. You are simply putting yourself in big trouble. Because trading could be unpredictable at times and the result of every single trade is unique, so it is possible to lose all your money. You would also be trading with emotions which is what every trader should avoid.

And we don't have to try it, never as this will be the beginning of our problems.
I can figure out what will happen after this and that will lead to a miserable life especially when we only just rely on trading alone. Maybe if we have some sources of income to cover up the payments, that might not a huge problem but still, it was not a smart idea and I dare not do that instead of waiting the time to have enough funds to start.

We have to think first about the consequences it brings back to us, not being too optimistic as we can't escape such reality.

[Mamun74]

Trading is not an easy way to make always take good profit from trading. When you start trading then you need to proper and Higher skill about trading and also you need to patience and control your emotion.I think it is not smart your decision. Loan money is very risky,i Don't agree with your decision. I think the biggest problem is barrow money.Trading is not gambling site.

[stomachgrowls]

It is not a very smart decision to take a loan or borrow money to trade. You are simply putting yourself in big trouble. Because trading could be unpredictable at times and the result of every single trade is unique, so it is possible to lose all your money. You would also be trading with emotions which is what every trader should avoid.

And we don't have to try it, never as this will be the beginning of our problems.
I can figure out what will happen after this and that will lead to a miserable life especially when we only just rely on trading alone. Maybe if we have some sources of income to cover up the payments, that might not a huge problem but still, it was not a smart idea and I dare not do that instead of waiting the time to have enough funds to start.

We have to think first about the consequences it brings back to us, not being too optimistic as we can't escape such reality.

If you are already aware with the possible consequences or experiences then why would really proceed though? You dont need to experience it for you to believe on because this is indeed a real life kind of scenario on where

taking up some loan just for you to make trades is really a risky kind of decision on where you do really need up to be profitable for you to sustain up yourself and able to repay those loans aside on having some other

source of income and to say that trading was never been an easy kind of investment for you to do so.Always consider out the difficulty of such situation before proceeding in.

[zaesvlas]

It should be understood that trading is a risk in any case. I think a trader should be ready for this.

[perfect999]

It is not a very smart decision to take a loan or borrow money to trade. You are simply putting yourself in big trouble. Because trading could be unpredictable at times and the result of every single trade is unique, so it is possible to lose all your money. You would also be trading with emotions which is what every trader should avoid.

Loan mean you are not in good financial position so its already not good idea but after taking loan you want to do trading mean double risk just because of this you can check here on this thread mostly peoples feeling its not good idea because this can ruin your life forever or for very long period if you want to do then surely try with some small amount or first try to have some savings then you can jump into this because this crypto market is volatile, and any wrong move can bring you in deep trouble the best thing is just invested which you can afford to lost otherwise just enjoy from sideline is better.

[isaac_clarke22]

~

This is what I pointed out previously on a similar thread about someone asking if loaning to trade is okay.
The worst is obviously not being able to pay because you did not hit your desired price excluding the fees that you might incur from exchange.  I could have done that in my day trade back in the days, but I know it is absolutely unreasonable to do so.

Regardless if it is a friend or family that you are loaning from expecting lax upon the date of making payment after the due, it is still a liability that you need to resolve in the future.

[jossiel]

It should be understood that trading is a risk in any case. I think a trader should be ready for this.

Everyone does.

But in this case it's different.

Borrowing for trading isn't an ideal thing because you're taking risk but not with your money. And that is why traders shouldn't do this because of the volatility even if they're that good enough.

[dunfida]

It should be understood that trading is a risk in any case. I think a trader should be ready for this.

Everyone does.

But in this case it's different.

Borrowing for trading isn't an ideal thing because you're taking risk but not with your money. And that is why traders shouldn't do this because of the volatility even if they're that good enough.

Being good enough? then that might do but still not all the times you would really make profit no matter how good you are and it would be better to start off with you own money or capital to trade with rather than on getting some loan and start to trade it.If you could handle the risk then go ahead but if not or you have doubts then better not to do it if you dont like to put yourself in a problem.
Invest on what you can afford to lose.

[Twinscoin2017]

Taking a loan to invest or trade in crypto is risky. But some people do take a loan and still used it as an investment, I think it is still fine to have loan but we need to loan a small amount only an amount that we can afford to paid specially the interest, in my part I don't prefer to take a loan I only invest a small amount and if I will failed then used another small amount and soon I know I will earn, capital is the most important in trading and investing because we cannot do trade or invest without capital the second is learning because if we don't have enough learning about trading and investing we can surely loss.

[zanezane]

It's not just risky but it's also dumb especially if you're not even a company and you're not good with trading in the first place, unless you're really confident with your skills then go ahead and take a loan, another problem that you might encounter is that the loan might've a really huge interest rate which isn't ideal because you're going to drown in debt if you lose in trading and you're not going to earn a big profit if you win the trading.

[beastblock]

The joy in trading is when the money which is been used to trade is owned by the trader. Normally trading is something that is unpredictable, one can't really know or see the outcome if it will be a big loss, small loss or big win, small win. When money that is been used for trading is owned by the trader if there should be loss he may not too feel about the loss, unlike when the money which was been used for trading is borrowed,  in a case whereby the person do not have good source of income.

I know someone who started how to trade about four months ago. He is a beginner in trading, I don't really know how good he is, but to him he may feel he can always make earnings. I think he was so confident in himself, he had to borrow money for trading which he could not make good profit. As a beginner borrowing money to trade is not the best. It is not even advisable to use all the money one has to trade or invest talk much of to borrow to trade.

Never ever take loans for trading. PERIOD

[jossiel]

It should be understood that trading is a risk in any case. I think a trader should be ready for this.

Everyone does.

But in this case it's different.

Borrowing for trading isn't an ideal thing because you're taking risk but not with your money. And that is why traders shouldn't do this because of the volatility even if they're that good enough.

Being good enough? then that might do but still not all the times you would really make profit no matter how good you are and it would be better to start off with you own money or capital to trade with rather than on getting some loan and start to trade it.If you could handle the risk then go ahead but if not or you have doubts then better not to do it if you dont like to put yourself in a problem.
Invest on what you can afford to lose.

A lot are good traders but still, they can't be sure with the outcome of their trades that's borrowing despite being good, it's still not recommended.

You trust yourself and experience.

But it's not an advisable thing to do.

[Quidat]

It should be understood that trading is a risk in any case. I think a trader should be ready for this.

Everyone does.

But in this case it's different.

Borrowing for trading isn't an ideal thing because you're taking risk but not with your money. And that is why traders shouldn't do this because of the volatility even if they're that good enough.

Being good enough? then that might do but still not all the times you would really make profit no matter how good you are and it would be better to start off with you own money or capital to trade with rather than on getting some loan and start to trade it.If you could handle the risk then go ahead but if not or you have doubts then better not to do it if you dont like to put yourself in a problem.
Invest on what you can afford to lose.

A lot are good traders but still, they can't be sure with the outcome of their trades that's borrowing despite being good, it's still not recommended.

You trust yourself and experience.

But it's not an advisable thing to do.

Yeah its not advisable but there are people who could really afford to take risk whether they are aware of it or had already make out preparations incase things turns out to be bad.
Even myself couldnt really that afford on taking up some loan just for me to have a capital on trading.I would instead wait up for having money and do my best to make it grow
instead.Trading is risk and results or outcomes wouldnt really be that always on positive or turns out to be profitable.

[jossiel]

A lot are good traders but still, they can't be sure with the outcome of their trades that's borrowing despite being good, it's still not recommended.

You trust yourself and experience.

But it's not an advisable thing to do.

Yeah its not advisable but there are people who could really afford to take risk whether they are aware of it or had already make out preparations incase things turns out to be bad.
Even myself couldnt really that afford on taking up some loan just for me to have a capital on trading.I would instead wait up for having money and do my best to make it grow
instead.Trading is risk and results or outcomes wouldnt really be that always on positive or turns out to be profitable.

Yes, they are those people that have strong guts.

But not all of them are taking a successful attempt in making that loan grow. I avoid to take a loan for any investment that I see even if there's a potential.

Even it's just 1% of risk, there's still a chance that I might lose and that's a double loss if the money I've used is loaned.

[lienfaye]

It's not just risky but it's also dumb especially if you're not even a company and you're not good with trading in the first place, unless you're really confident with your skills then go ahead and take a loan, another problem that you might encounter is that the loan might've a really huge interest rate which isn't ideal because you're going to drown in debt if you lose in trading and you're not going to earn a big profit if you win the trading.

Thats why using a borrowed money as capital for trading is not advisable. Actually not only in trading but also in other investment as well that has risk, because we're not certain if we can manage to grow it and repay the money.

Well it doesnt necessarily mean huge capital is needed for starter because any amount will do as long as you can improve your knowledge and skills as a trader.

Then if you're really serious to gain, start saving for your capital, this way even you lose atleast its your own money and you dont have to worry about interest.

[olib123]

Depends upon the situation and time. Sometimes taking loan is successfully done and sometimes it's not  and you loss in more with your money and loans too. Rich people's have no worry about taking loans if they loss they can afford but middle peoples have to think more before taking loan because it's to risky to lose.

[Anguwa]

I feel borrowed money in trading is very very risk, imagine a situation where a trader noticed deep in crypto market then went to borrow money from someone just to use the dip advantage and gain some profit, so if there is more deep defiantly he has to panic and end up withdrawing at lost and he or she need to get more loan to recover the previous one. It is advisable not to invest the amount you cannot be able to loose, so it's very risk to use borrowed money for trading.

[sovie]

Thats why using a borrowed money as capital for trading is not advisable. Actually not only in trading but also in other investment as well that has risk, because we're not certain if we can manage to grow it and repay the money.

Well it doesnt necessarily mean huge capital is needed for starter because any amount will do as long as you can improve your knowledge and skills as a trader.

Then if you're really serious to gain, start saving for your capital, this way even you lose atleast its your own money and you dont have to worry about interest.

Remember the bearish season after Dec 2017? Bitcoin remain down and out for almost 2 years. Even if you are investing for long term (where chances are rear of lose) you may end up struck up for very long time. No one want to be in such situation with borrowed money because you interest on your debt will continue to grow.
Golden rule is always play with your own money and don't do experiments with loan.

[ice18]

I think it depends on the condition of the market, In bullrun, I can personally take risk a $10k payable in 12 months for spot trading for less risk of liquidation and many people are doing this strategy, for you not to get homeless for unpaid loans just do spot trading, never go into leverage when your money is from loans.

[breathlessz]

I think it depends on the condition of the market, In bullrun, I can personally take risk a $10k payable in 12 months for spot trading for less risk of liquidation and many people are doing this strategy, for you not to get homeless for unpaid loans just do spot trading, never go into leverage when your money is from loans.

the leverage system is indeed very risky, especially from capital that comes from loans. it can happen that our money will run out due to the use of inappropriate lots. indeed this really helps traders to make a profit even though the funds come from loans, maybe someone can explain the calculation of the loan repayment

[rahmathidayat93]

I can say this is a bad idea, even skilled traders if the capital solution for trading is based on borrowed capital, I think this is a bad idea. no market conditions can be said with certainty about the way forward. Crypto may present a risk of loss, and not everyone is ready to face the losses caused by market dynamics. So if trade from borrowed capital, this results in financial threats.

[iv4n]

Every once in a while we have exactly the same topic "taking a loan to trade..."! And most people talk it's risky, and for sure it is, but taking a loan is risky by itself, before you take it you need to have a plan how to return it!
If someone is taking a loan without repaying plan, without backup options, the risk is very high... the wrong move and you are in a big problem! Taking a loan to do something more with a repaying plan and backup options minimize the risks of getting into big trouble!
Without risk here and there it's hard to do something more! Simply life puts you in some situations where you can take advantage you just need a bit more money, that risk can be minimized as I explained above, and making a risky move can pay off big time! In the end, it's not the problem in taking the risk, we just have two options to play it smart or stupid! And I believe we know the consequences of both!

[molsewid]

Every once in a while we have exactly the same topic "taking a loan to trade..."! And most people talk it's risky, and for sure it is, but taking a loan is risky by itself, before you take it you need to have a plan how to return it!
If someone is taking a loan without repaying plan, without backup options, the risk is very high... the wrong move and you are in a big problem! Taking a loan to do something more with a repaying plan and backup options minimize the risks of getting into big trouble!
Without risk here and there it's hard to do something more! Simply life puts you in some situations where you can take advantage you just need a bit more money, that risk can be minimized as I explained above, and making a risky move can pay off big time! In the end, it's not the problem in taking the risk, we just have two options to play it smart or stupid! And I believe we know the consequences of both!

Well for me taking a loan to trade is not just risky but problematic at the same time because in trading there's no 100% assurance that you can make the best profit out of it. First hand before you gonna end up on the thought of taking a loan to be able to start trading must considered first how could you return the money that you've loan if everything doesn't fall into place. For me it is always good to take risk your own money than taking the risk the money of others.

[LUCKMCFLY]

Although currently lending money to trade is something crazy, I have seen that there are many ways in which through the coins or tokens that are launched both in pre-sale and playing, something profitable is made, when compared to normal trading and the NFT game , I see that there is more probability of profit, and the easiest way that I have discovered is by entering the pre-salts, then selling the tokens or coins in the public sale. It is already the decision of the trader if he wants to continue trading waiting for the highest dip and repurchasing, other types of strategies already enter there.

[ven7net]

The joy in trading is when the money which is been used to trade is owned by the trader. Normally trading is something that is unpredictable, one can't really know or see the outcome if it will be a big loss, small loss or big win, small win. When money that is been used for trading is owned by the trader if there should be loss he may not too feel about the loss, unlike when the money which was been used for trading is borrowed,  in a case whereby the person do not have good source of income.

I know someone who started how to trade about four months ago. He is a beginner in trading, I don't really know how good he is, but to him he may feel he can always make earnings. I think he was so confident in himself, he had to borrow money for trading which he could not make good profit. As a beginner borrowing money to trade is not the best. It is not even advisable to use all the money one has to trade or invest talk much of to borrow to trade.

Borrowing money and even more so for trading cryptocurrency is really a very risky business. Even if you are confident in yourself and your information, there is still a percentage of the risk that suddenly everything can suddenly change in the other direction. The crypto market is not predictable, and if you want to save your nerves and possibly even your life, then borrowing or lending money for trading is not recommended. I have already seen in my practice people who took money from the bank and in the end could not return it, which put this person in a very difficult situation. Believe me, it's better not to get into such a situation. Trade cryptocurrency only for available money or for those that you do not mind losing.

[Cornia]

Trading is a risky task. Taking a loan for trading increases this risk even more. This is an extra pressure on traders. Because you have to repay the loan. So I don’t like it. I think your extra money should be used in trading.

[retreat]

I can say this is a bad idea, even skilled traders if the capital solution for trading is based on borrowed capital, I think this is a bad idea. no market conditions can be said with certainty about the way forward. Crypto may present a risk of loss, and not everyone is ready to face the losses caused by market dynamics. So if trade from borrowed capital, this results in financial threats.

those who make some borrowing for trading are like committing suicide slowly, highly not recommended. but if you are ready to risk losing 2 times then it's not wrong to try it too, The point is as long as you don't lose the initial capital when trading, then your loan is still safe.

[blockman]

Trading is a risky task. Taking a loan for trading increases this risk even more. This is an extra pressure on traders. Because you have to repay the loan. So I don’t like it. I think your extra money should be used in trading.

The pressure remains and you have to do the best of the trades that you can. But no way to be assured that all of your trades will be at their best because you'll not know the results of it until you're already there. Aside from winning your trades, you'll have to think of the opposite effect too.
As you do it, the chance of losing is higher than you can ever think of. Because you lose the money and at the same time you have an obligation waiting for your payment with interest.

[TheEconomists]

There are some good traders out there (which I know some of them) who are very good in trading crypto currency and they started with money which they borrowed from friends and they are successful in their trading careers and paid the loans back with interest. Though, not everyone can do that because there are so many traders who cannot control their emotion while trading and that has had a negative effect on trading and that factor is most difficult things control while trading with your real or borrowed money.

[maydna]

Trading is a risky task. Taking a loan for trading increases this risk even more. This is an extra pressure on traders. Because you have to repay the loan. So I don’t like it. I think your extra money should be used in trading.

Using extra money will not be a problem, even if that money is not too big to trade. So that means, if we keep trying to search for the coin, we will get it someday, and we will make a big profit too. Taking a loan will have a risk and if we don't have another income that we can use to pay the loan, we will feel difficult to repay that money. It will be no problem if we need longer to profit because that is the process we need to enjoy in crypto trading.

[Desmong]

Trading is not an easy way to make always take good profit from trading. When you start trading then you need to proper and Higher skill about trading and also you need to patience and control your emotion.I think it is not smart your decision. Loan money is very risky,i Don't agree with your decision. I think the biggest problem is barrow money.Trading is not gambling site.

Getting a loan ttrade is not a bad idea but using the money improperly to execute trades without good analysis of the market can be dangerous. I know many persons that had gotten money from the bank to trade and still make good profits and later pay back without any problem. The problem in getting a loan and not paying back at the due time can have a great consequences if it takes longer than normal.

[Farma]

Not just risky though, it's also stupid because you're not winning when you take a loan, you don't get that big of a profit and at the same time you're going to pay back much bigger debt since most loans have huge interests in them.

I wouldn't call that stupid, because we don't know what people are actually doing. however, I totally agree that it is very very risky.
we do not know whether we will get profit or not, because in the world of trading we will never know the result. however, I've heard words like "even if everyone thinks what you're doing is stupid, but if it works, then it's genius". quite a lot of people are successful when they make loans to invest, or trade. however, I think you need to know that it is a very dangerous thing, especially if you can't repay the loan when your business fails.

[Peanutswar]

There are a lot of people who want to take some risk like they are borrowing some money and take their risk and a chance to win with their trading skills somehow it works and sometimes it didn't, we always say that trade what you afford to lose. It looks like a gamble to lose your money still its depends on your skills to handle each market volatility.

[shield132]

Taking a loan to trade is really, really risky unless you have steady high profit and can pay that loan with it's interest even if you lose the whole capital. Why is it risky? Because the loan puts an additional pressure on you when you know that you have to pay some % every months. The factor that you want to at least keep the same capital or normally increase it, puts even more pressure on trader.

The number one rule in trading is: Don't hurry! Keep Patience! Did you miss one moment? Forget, use another one. Just use only good moments and that's all. Small profit is better than loss!

[SacriFries11]

The joy in trading is when the money which is been used to trade is owned by the trader. Normally trading is something that is unpredictable, one can't really know or see the outcome if it will be a big loss, small loss or big win, small win. When money that is been used for trading is owned by the trader if there should be loss he may not too feel about the loss, unlike when the money which was been used for trading is borrowed,  in a case whereby the person do not have good source of income.

I know someone who started how to trade about four months ago. He is a beginner in trading, I don't really know how good he is, but to him he may feel he can always make earnings. I think he was so confident in himself, he had to borrow money for trading which he could not make good profit. As a beginner borrowing money to trade is not the best. It is not even advisable to use all the money one has to trade or invest talk much of to borrow to trade.

For me there is no good in borrowing money. As you have said "he may feel he can always make earnings", instead of lending him some money I'll push him to put his money instead. He may used a small amount of money but since he is confident maybe because he is knowlewgable enough so he can make the most out of his small investment. I know it is not 100% possible but it is avoiding him taking loan which I think is a good thing. Wherever side we take a look it is risky because I knew someone who have earned a lot in trading has a history of also losing in it. If someone really has no money to used, then stop. Trading is always there. Comeback if we already have money we can afford to lose.

[Rehan Zakir]

It is very risky. if we take a loan in spot trading and we go in huge loss then how we return this loan. In this situation it is very difficult for returning loan to the company. If you are a professional trader then you can take this risk to get loan for trading.
In future trading, we are also taking loan in leverage system from our investment. But in this system we vanish our whole account balance if our trade goes wrong to market trend. 

[AhmadM]

It is very risky. if we take a loan in spot trading and we go in huge loss then how we return this loan. In this situation it is very difficult for returning loan to the company. If you are a professional trader then you can take this risk to get loan for trading.

The thing which makes it sounds greater is sometimes there several individuals who thought they are pro trader already just after making some profits in short terms, then encouraging themselves to bear the risk take a loan for trading in order to gain more profits.

[Hamphser]

It is very risky. if we take a loan in spot trading and we go in huge loss then how we return this loan. In this situation it is very difficult for returning loan to the company. If you are a professional trader then you can take this risk to get loan for trading.

The thing which makes it sounds greater is sometimes there several individuals who thought they are pro trader already just after making some profits in short terms, then encouraging themselves to bear the risk take a loan for trading in order to gain more profits.

Which it is why its important that you shouldnt trust any service out there or someone who do really claim that theyre good at something and ask out some money for subs or something like that.

Dont ever consider on taking up some loan just for you to believe that there's an easy way for you to make profits because thats not how the reality works.

Trade on the amount or capital that you didnt borrow because risking something like loaned money is something that you shouldnt do in the first place.

[Marykeller]

The joy in trading is when the money which is been used to trade is owned by the trader. Normally trading is something that is unpredictable, one can't really know or see the outcome if it will be a big loss, small loss or big win, small win. When money that is been used for trading is owned by the trader if there should be loss he may not too feel about the loss, unlike when the money which was been used for trading is borrowed,  in a case whereby the person do not have good source of income.

I know someone who started how to trade about four months ago. He is a beginner in trading, I don't really know how good he is, but to him he may feel he can always make earnings. I think he was so confident in himself, he had to borrow money for trading which he could not make good profit. As a beginner borrowing money to trade is not the best. It is not even advisable to use all the money one has to trade or invest talk much of to borrow to trade.

This reminds me of a friend of mine that borrowed money from me to trade last year. He so much believes in his capabilities of trading. Forgetting that someday you'll lose and win some(can't be perfect in all). It happens that day he borrowed money from me, he traded wrongly and he loss drastically. Up till this very moment, he's unable to pay me back all because his hopes was shattered.

[tokyohd]

I don't like trading with loans. I never did it. Because in the crypto world the trade thing is very risky. It is not advisable to trade on loan. Because it has more high risks. I think you should trade with as much money as you can afford & don't use all your money.

[Blawpaw]

 If a beginner in crypto trading, follow as advised:

-Don't use money you cannot lose
-Don't borrow money
-learn about trading and trading strategies
-learn about trading tools and indicators
- build a plan using a strategy
-Stick to the plan
-backtest
-backtest
-backtest several strategies
-Build a plan
-stick to the plan
-backtest
-Stick to the plan
-backtest
++Do the same steps all over again before starting to trade with real money

Bear in mind,  you should only borrow money if you are sure that you will be able to repay the debt in a short term \ fixed term. And I'm not even speaking about trading.
Given that trading is an extremely risky business it is not advisable for someone with no trading experience to borrow money for trading. It will be like throwing money into a bottomless pit. If you are not an experienced trader, trading will be like playing the lottery. My advice for anyone who is beginning its trading journey is to learn as much as possible and backtest in a simulated environment every strategy until you consistently get profits. After that, one may start with a small amount while trying to apply all the profitable strategies in real trading.

[doremonchina]

 yes its is high risk involved in crypto trading and the loan system there is no gaurantee that you make profits its is based on luck and market position because some time you think that market going well but the same time market is dump at just few minutes and you loss your money as will your loan where you take him

[arbifahrozy]

Loan in trading is just like a risk because trading itself is also a risk but whenever you are taking some loan for trading then it will be more than that, but you can take a small amount of loan from someone that you know that if you lose that in trading it didn't effect you that much but can give you a profit at least. So, in this case I prefer it.

[justdimin]

Not just risky though, it's also stupid because you're not winning when you take a loan, you don't get that big of a profit and at the same time you're going to pay back much bigger debt since most loans have huge interests in them.

Depends on where you live. In USA, UK, Germany the loan rates are quite low, USA depends on your credit rating of course, in some nations everyone gets the same loan rate whereas in some nations it depends on your credit rating, a great business person that took millions of dollars worth of loan and repaid it back in full every time would get a lot better rate versus someone that is taking their first ever loan.

However, we should be focusing on the fact that those nations have very low rate for interest, and getting bitcoin with it could be beneficial, not guaranteed method of making money and that is why you should not risk your income, but it is definitely not as risky as doing it in Mexico or Greece.

[Issa56]

Some people will say is not really bad if you borrow money to buy bitcoin in particular but not altcoins, but I don't still believe that I won't advise anybody to borrow money to invest in both bitcoin and altcoins.
If you are taking a loan their will always be a payback time and most loan their is always a interest, let me talk about people that always support taking loan to invest in bitcoin, what if after taking a loan and buying bitcoin and its start dumping and the pay time reach but bitcoin price is still below the amount you bought it what are you going to do and how are you going to pay back, so I believe taking loan should be the last thing you should do when it comes to cryptocurrency.

[Issa56]

Some people will say is not really bad if you borrow money to buy bitcoin in particular but not altcoins, but I don't still believe that I won't advise anybody to borrow money to invest in both bitcoin and altcoins.
If you are taking a loan their will always be a payback time and most loan their is always a interest, let me talk about people that always support taking loan to invest in bitcoin, what if after taking a loan and buying bitcoin and its start dumping and the pay time reach but bitcoin price is still below the amount you bought it what are you going to do and how are you going to pay back, so I believe taking loan should be the last thing you should do when it comes to cryptocurrency.

[Mahanton]

Not just risky though, it's also stupid because you're not winning when you take a loan, you don't get that big of a profit and at the same time you're going to pay back much bigger debt since most loans have huge interests in them.

Depends on where you live. In USA, UK, Germany the loan rates are quite low, USA depends on your credit rating of course, in some nations everyone gets the same loan rate whereas in some nations it depends on your credit rating, a great business person that took millions of dollars worth of loan and repaid it back in full every time would get a lot better rate versus someone that is taking their first ever loan.

However, we should be focusing on the fact that those nations have very low rate for interest, and getting bitcoin with it could be beneficial, not guaranteed method of making money and that is why you should not risk your income, but it is definitely not as risky as doing it in Mexico or Greece.

Interest is always considered as a interest and now matter how low it is then you do still need to pay up on particular due date which it is just really that not ideal on making out something if it wasnt really needed at all.
Taking up some loan for the sake of trading is really a serious and risky task or thing to take.This isnt something that you could just ignore the probabilities on losing those loaned money in trading which means
it would be double trouble for you to need to pay the loan at the same time you had lost up money all of those capital but if you do know on what you are doing then go ahead.

[livingfree]

Loan in trading is just like a risk because trading itself is also a risk but whenever you are taking some loan for trading then it will be more than that, but you can take a small amount of loan from someone that you know that if you lose that in trading it didn't effect you that much but can give you a profit at least. So, in this case I prefer it.

Trading is risky.

So loaning does and more.

You don't trade because there's someone that will loan you money that you can trade for. It's not just right and you're even putting yourself in a riskier situation if you lose that loaned money.

[Evgenklm]

A close friend of mine took out a loan to trade cryptocurrencies and of course brought the entire deposit closer to zero.It was more than a year ago, he still pays off the loan, and his cryptocurrency has not grown so far...this is a very risky activity.

[john_nautica]

Of course it is not really advisable to borrow money for you to have investment since it is not guaranteed that you will having a profit if you invest on yourself. Same as the margin trading before borrowing money in margin trading you should also consider that you will lose your money and still need to return the borrowed money you borrow from the lender so don't take a double risk just to trader or invest.

Invest only when you have the money and if you can afford to lose that investment.

[Farma]

Loan in trading is just like a risk because trading itself is also a risk but whenever you are taking some loan for trading then it will be more than that, but you can take a small amount of loan from someone that you know that if you lose that in trading it didn't effect you that much but can give you a profit at least. So, in this case I prefer it.

Trading is risky.

So loaning does and more.

You don't trade because there's someone that will loan you money that you can trade for. It's not just right and you're even putting yourself in a riskier situation if you lose that loaned money.

Besides, if you're not in a desperate situation, it's best to use the money you earn from your job to trade. it is more worth than borrowing money to enter the world of trading. Moreover, it is very true that borrowing money and then trading will only put you in a very risky situation. think back on the steps you will take before doing that.

[Victorycoin]

Absolutely borrowing money for investment is nothing but your own loss there is no guarantee that you will benefit from this market all the time you invest with your own money even if the market goes down, there will be no reason to worry because after waiting for some time it will start rising again. If you do not repay the loan on time the amount will increase workplace spending needs to be monitored once the money is provided, it can be spent.

[livingfree]

Loan in trading is just like a risk because trading itself is also a risk but whenever you are taking some loan for trading then it will be more than that, but you can take a small amount of loan from someone that you know that if you lose that in trading it didn't effect you that much but can give you a profit at least. So, in this case I prefer it.

Trading is risky.

So loaning does and more.

You don't trade because there's someone that will loan you money that you can trade for. It's not just right and you're even putting yourself in a riskier situation if you lose that loaned money.

Besides, if you're not in a desperate situation, it's best to use the money you earn from your job to trade. it is more worth than borrowing money to enter the world of trading. Moreover, it is very true that borrowing money and then trading will only put you in a very risky situation. think back on the steps you will take before doing that.

Yes.

If you're in good situation, you don't actually to borrow any amount from anyone just to keep what you've started in trading. It's always in good feeling when it's your money being used.

No blame if you win or lose.

[carlfebz2]

The joy in trading is when the money which is been used to trade is owned by the trader. Normally trading is something that is unpredictable, one can't really know or see the outcome if it will be a big loss, small loss or big win, small win. When money that is been used for trading is owned by the trader if there should be loss he may not too feel about the loss, unlike when the money which was been used for trading is borrowed,  in a case whereby the person do not have good source of income.

I know someone who started how to trade about four months ago. He is a beginner in trading, I don't really know how good he is, but to him he may feel he can always make earnings. I think he was so confident in himself, he had to borrow money for trading which he could not make good profit. As a beginner borrowing money to trade is not the best. It is not even advisable to use all the money one has to trade or invest talk much of to borrow to trade.

This reminds me of a friend of mine that borrowed money from me to trade last year. He so much believes in his capabilities of trading. Forgetting that someday you'll lose and win some(can't be perfect in all). It happens that day he borrowed money from me, he traded wrongly and he loss drastically. Up till this very moment, he's unable to pay me back all because his hopes was shattered.

You would really be having a hard time or chances on repaying back those loans if you dont have any sources for you to make money but rather depending on what you are currently dealing with crypto or something related to trading.

Taking a loan is never been suggested nor an ideal thing to be done because once you do commit out mistakes then it would surely doubled out the problem which basically means
taking loan does have corresponding risk which you should be aware of.

[virasog]

It is very risky. if we take a loan in spot trading and we go in huge loss then how we return this loan. In this situation it is very difficult for returning loan to the company. If you are a professional trader then you can take this risk to get loan for trading.

The thing which makes it sounds greater is sometimes there several individuals who thought they are pro trader already just after making some profits in short terms, then encouraging themselves to bear the risk take a loan for trading in order to gain more profits.

If the so called 'Pro Traders' got profit in trading, they could use that money and the profit to do further trades. I do not understand why they are so greedy and have over-confidence that all of their trade will go in their favor. For me, i wouldn't take a loan to trade even if i know that i could make 2x with my trading setup.

[LUCKMCFLY]

Although currently lending money to trade is something crazy, I have seen that there are many ways in which through the coins or tokens that are launched both in pre-sale and playing, something profitable is made, when compared to normal trading and the NFT game , I see that there is more probability of profit, and the easiest way that I have discovered is by entering the pre-salts, then selling the tokens or coins in the public sale. It is already the decision of the trader if he wants to continue trading waiting for the highest dip and repurchasing, other types of strategies already enter there.

Joining pre sale is not worth if you try take loan and pay later when coin listing on the market, many time pre sale not have good roadmap about when coin listing and which one exchange become their decision for listing coin. I think too risk if take loan and use for buying coin on pre sale. Maybe you true with 100% above getting profit when participant on pre sale coin, but right now many bad team and fake coin make pre sale without responsibility for listing coin after their pre sale success sold out.

Yes, of course, what happens is that many NFT games are currently coming out where the business is to enter pre-sales and sell in public sale, for this of course you have to do a good research, in fact there are many telegram channels that are dedicated to the analysis of projects of this style where they make a great analysis of their whitepaper, and take into account other points, on YouTube as I have been quite interested in this type of topic, there are some who have a lot of knowledge and make their community known through From Discord, I particularly like to say these things because those who can do this activity and know how to do it can make a lot of money.

[seleme]

It is very risky. if we take a loan in spot trading and we go in huge loss then how we return this loan. In this situation it is very difficult for returning loan to the company. If you are a professional trader then you can take this risk to get loan for trading.

The thing which makes it sounds greater is sometimes there several individuals who thought they are pro trader already just after making some profits in short terms, then encouraging themselves to bear the risk take a loan for trading in order to gain more profits.

If the so called 'Pro Traders' got profit in trading, they could use that money and the profit to do further trades. I do not understand why they are so greedy and have over-confidence that all of their trade will go in their favor. For me, i wouldn't take a loan to trade even if i know that i could make 2x with my trading setup.

Pro traders believe in numbers and statistics show they can achieve an 8% average profit per month. Of course, this doesn't mean let's go take a loan and make a fortune because of psychological and sentimental factors. Who guarantees market circumstances and patterns will not change after you open a new trade position? We all know the answer and gambling is a lot safer than taking a loan for leveraged trading, IMHO.
The market can go crazy in an hour to the wrong side from your perspective but the losses will be a huge pain for you since you keep losing other people's money. Taking loan is the worst thing if you keep losing on trading.

[matchi2011]

It is very risky. if we take a loan in spot trading and we go in huge loss then how we return this loan. In this situation it is very difficult for returning loan to the company. If you are a professional trader then you can take this risk to get loan for trading.

The thing which makes it sounds greater is sometimes there several individuals who thought they are pro trader already just after making some profits in short terms, then encouraging themselves to bear the risk take a loan for trading in order to gain more profits.

If the so called 'Pro Traders' got profit in trading, they could use that money and the profit to do further trades. I do not understand why they are so greedy and have over-confidence that all of their trade will go in their favor. For me, i wouldn't take a loan to trade even if i know that i could make 2x with my trading setup.

Pro traders believe in numbers and statistics show they can achieve an 8% average profit per month. Of course, this doesn't mean let's go take a loan and make a fortune because of psychological and sentimental factors. Who guarantees market circumstances and patterns will not change after you open a new trade position? We all know the answer and gambling is a lot safer than taking a loan for leveraged trading, IMHO.

No one can exactly predict what are the potential market movements, all just relied on charts
and fundamentals, but those data can be change and if you take your loan and the timing is not
good for your position, it will be very difficult for you to cover the payment. Risk is high, but if
you trust your judgement and you are willing to proceed, there's no one who can stop you.
It's your money to decide after taking that loan.

[Alisha-k]

A friend once took a loan to trade, at the 1st trade, the money doubled and he was able to clear his debt and on time...

He started trading with what he had left and before long, it reduced to almost nothing, he wasn't enjoying the trade any longer since the fund was really low.
He had to run off to borrowing again and in less than 2days, he lost everything.
My sincere advice, trading is not usually 100% sure, if you're going to trade, do not do so with all your funds except the chances of making profit is really obvious and high.
Borrowing may sometimes be the only option but most times not the best, personal fund is best

[Jawadu]

I agree with you! It's not right to borrow money for trading because trading is very risky though it has a profit too when it will be done correctly and at the right time. It's better to start slowly even with $50 then grow it day by day with a small profit rather than wanting to start with a lot but from a loan!

[Lordhermes]

I agree with you! It's not right to borrow money for trading because trading is very risky though it has a profit too when it will be done correctly and at the right time. It's better to start slowly even with $50 then grow it day by day with a small profit rather than wanting to start with a lot but from a loan!

It is good to get loan and trade in some kind of way,what if a genuine chance of making profit comes,and you have no little amount of money with you,and the only chance of you making the money is by borrowing,will you want to miss that chance?You see why I said it can be good sometimes.
You can Borrow money and use it wisely and make multiple profit out of the money you borrowed,and probably become rich from it.
Borrowing money is one of the ways one can start up a business,because there may be chances of you making the money back and even doubling it.

[Kittygalore]

Not just risky but also really crazy because loans have some form of interest and it's not really in your best interest if you use it to fund your trading because trading is a difficult work and you can't guarantee that you're going to win all your trades and there are statistics that supports how trading has more losers than winners so loans aren't advisable as a meams to fund your trading journey.

[john_nautica]

Borrowing money is not good at any time or any platform you are even in trading, gambling and of course investment. If you are going to take a loan make sure that you will going to return it and if you are going to take a loan and invest it, there's a high chance that you will not going to return back or pay back your loan.

If you are newbie you can start exploring or try to make a profit even if your starting money is small.

[xmonkeyx]

even i say it is a big mistake to take out a loan to trade. there are many aspects that must be learned in trading, one of which is patience waiting to take a profit, if the money we use is from a loan of course there are limits and panic occurs in trading so many things appear that we don't want. one mistake due to panic in trading will continue to bring up the next error.

[PhucS]

The joy in trading is when the money which is been used to trade is owned by the trader. Normally trading is something that is unpredictable, one can't really know or see the outcome if it will be a big loss, small loss or big win, small win. When money that is been used for trading is owned by the trader if there should be loss he may not too feel about the loss, unlike when the money which was been used for trading is borrowed,  in a case whereby the person do not have good source of income.

I know someone who started how to trade about four months ago. He is a beginner in trading, I don't really know how good he is, but to him he may feel he can always make earnings. I think he was so confident in himself, he had to borrow money for trading which he could not make good profit. As a beginner borrowing money to trade is not the best. It is not even advisable to use all the money one has to trade or invest talk much of to borrow to trade.

I agree with your opinion, if you are a newbie to trading in the crypto market, borrowing money to trade is not a wise choice. If you lose, the pressure to pay off your debt will become enormous. Take the time to study the market, read crypto-related knowledge, analyze the indicators, this will help us understand the market better. As you said, start with a small capital, we can control more easily

[palle11]

It is very risky. if we take a loan in spot trading and we go in huge loss then how we return this loan. In this situation it is very difficult for returning loan to the company. If you are a professional trader then you can take this risk to get loan for trading.

The thing which makes it sounds greater is sometimes there several individuals who thought they are pro trader already just after making some profits in short terms, then encouraging themselves to bear the risk take a loan for trading in order to gain more profits.

Sometimes trading order don't get filled for days for you to take profit out and you get hooked up in a particular trade maybe in losses while you have a loan to services, this is a funny situation really. The best way to trade is not to trade with a loan money because it kills your patient to the market and you will always be in a haste and you make a rush and mistake. No Pro in trade that doesn't record losses and that is a fact to know.

[Jasad]

It is very risky. if we take a loan in spot trading and we go in huge loss then how we return this loan. In this situation it is very difficult for returning loan to the company. If you are a professional trader then you can take this risk to get loan for trading.

The thing which makes it sounds greater is sometimes there several individuals who thought they are pro trader already just after making some profits in short terms, then encouraging themselves to bear the risk take a loan for trading in order to gain more profits.

Sometimes trading order don't get filled for days for you to take profit out and you get hooked up in a particular trade maybe in losses while you have a loan to services, this is a funny situation really. The best way to trade is not to trade with a loan money because it kills your patient to the market and you will always be in a haste and you make a rush and mistake. No Pro in trade that doesn't record losses and that is a fact to know.

Many trader not get profit in daily day and take few days later to earn it, many of them take moment only to earn much profit like when bitcoin dump and altcoin have lower price to buy back, I think need few days later or one week later price can be up and they need to earn much profit after get capital from loan, I know it risk but you have manage with good way for trading and can earn much profit to pay your loan with using cryptocurrency.

[Farma]

Borrowing money is not good at any time or any platform you are even in trading, gambling and of course investment. If you are going to take a loan make sure that you will going to return it and if you are going to take a loan and invest it, there's a high chance that you will not going to return back or pay back your loan.

If you are newbie you can start exploring or try to make a profit even if your starting money is small.

Borrowing money in a problem like this is indeed very risky. such as gambling, trading, and new investments whose risks are still very high. especially if the person is still very new to the world of investing like this, and wants to try with great risk because of seeing or hearing stories from previous successful people.
the point is, if you're still not sure, you should avoid it first. Besides that, don't use money that you can't afford to lose, because when you face the risks of this investment, and it's getting difficult to pay off your debt, that's where life seems meaningless.

[Quidat]

It is very risky. if we take a loan in spot trading and we go in huge loss then how we return this loan. In this situation it is very difficult for returning loan to the company. If you are a professional trader then you can take this risk to get loan for trading.

The thing which makes it sounds greater is sometimes there several individuals who thought they are pro trader already just after making some profits in short terms, then encouraging themselves to bear the risk take a loan for trading in order to gain more profits.

Sometimes trading order don't get filled for days for you to take profit out and you get hooked up in a particular trade maybe in losses while you have a loan to services, this is a funny situation really. The best way to trade is not to trade with a loan money because it kills your patient to the market and you will always be in a haste and you make a rush and mistake. No Pro in trade that doesn't record losses and that is a fact to know.

Many trader not get profit in daily day and take few days later to earn it, many of them take moment only to earn much profit like when bitcoin dump and altcoin have lower price to buy back, I think need few days later or one week later price can be up and they need to earn much profit after get capital from loan, I know it risk but you have manage with good way for trading and can earn much profit to pay your loan with using cryptocurrency.

Easy to say but really hard to be done on which there are people whom do really believed that they could make out or sustain profits which they could able to pay up the interest out of their loans
but honestly it wasnt really an assurance in the first place because this market is way too unpredictable and cant really be known which means that making profits would be always in question.
When you do took some loan then this is something that you can just ignore the risk because you would really be finding this problem to be that troublesome if you do just
simply ignore it.

[smartaction]

What you mean is futures trading and margin trading. thes trading is gambling. if you use thes trading it will make you poor. Leverage trading is high risky. I lost $40k in Leverage trade. I fuck it.

[Kimonoe]

What you mean is futures trading and margin trading. thes trading is gambling. if you use thes trading it will make you poor. Leverage trading is high risky. I lost $40k in Leverage trade. I fuck it.

leverage trading is indeed more difficult, we must be able to control everything, especially to choose healthy lots. the bigger the lot and it is not controlled, the greater the risk, so a margin call can occur which means our money runs out. in trading leverage we must be able to master technical analysis, money management, to trading psychology

[LimLims]

even i say it is a big mistake to take out a loan to trade. there are many aspects that must be learned in trading, one of which is patience waiting to take a profit, if the money we use is from a loan of course there are limits and panic occurs in trading so many things appear that we don't want. one mistake due to panic in trading will continue to bring up the next error.

That’s not a mistake to be honest.
Yes it’s not recommended.
While you trade with someone else’s money, you are not unable to trade safely.
Yes you can trade when you have enough experience and good tip to choose the best coin.
But it’s always advised to use your own money with your own risk.

[shawonngp]

I think it is better not to trade on loan. What kind of gambling it feels. You do some bounty or airdrop and then trade. It is better not to take so much risk.
Because there is no guarantee that you will be able to make a profit in trading. So there is no need to trade with so much risk. First you earn for free.

[livingfree]

I think it is better not to trade on loan. What kind of gambling it feels. You do some bounty or airdrop and then trade. It is better not to take so much risk.
Because there is no guarantee that you will be able to make a profit in trading. So there is no need to trade with so much risk. First you earn for free.

You've said it right.

Do not loan for trading.

As much as it's not good to loan for investing in bitcoin because of its risk then loaning to trade is riskier than the first that I've said.

[sovie]

The joy in trading is when the money which is been used to trade is owned by the trader. Normally trading is something that is unpredictable, one can't really know or see the outcome if it will be a big loss, small loss or big win, small win. When money that is been used for trading is owned by the trader if there should be loss he may not too feel about the loss, unlike when the money which was been used for trading is borrowed,  in a case whereby the person do not have good source of income.

I know someone who started how to trade about four months ago. He is a beginner in trading, I don't really know how good he is, but to him he may feel he can always make earnings. I think he was so confident in himself, he had to borrow money for trading which he could not make good profit. As a beginner borrowing money to trade is not the best. It is not even advisable to use all the money one has to trade or invest talk much of to borrow to trade.

In my opinion, the only acceptable situation is when a person wants to give you money to invest. However, then this person needs to know what you will be investing in and the risks associated with it. Only then I think it is permissible to deal with someone else's money. Borrowing money from someone to trade is stupidity and extreme irresponsibility. In particular, on such a high risk market as cryptocurrencies.

[EdenHazard]

It is very risky. if we take a loan in spot trading and we go in huge loss then how we return this loan. In this situation it is very difficult for returning loan to the company. If you are a professional trader then you can take this risk to get loan for trading.

The thing which makes it sounds greater is sometimes there several individuals who thought they are pro trader already just after making some profits in short terms, then encouraging themselves to bear the risk take a loan for trading in order to gain more profits.

Sometimes trading order don't get filled for days for you to take profit out and you get hooked up in a particular trade maybe in losses while you have a loan to services, this is a funny situation really. The best way to trade is not to trade with a loan money because it kills your patient to the market and you will always be in a haste and you make a rush and mistake. No Pro in trade that doesn't record losses and that is a fact to know.

Yupp , patience that what makes the difference between the pro and the robinhoods.

taking loan for trading might could get you a really nice profit at first but its just temporary , ive been in that kind situation ... no matter how skillful you are, when it comes to doing trade underpressure , things wont go really well i can assure that.

[shawonngp]

I think it is better not to trade on loan. What kind of gambling it feels. You do some bounty or airdrop and then trade. It is better not to take so much risk.
Because there is no guarantee that you will be able to make a profit in trading. So there is no need to trade with so much risk. First you earn for free.

[Oilacris]

I think it is better not to trade on loan. What kind of gambling it feels. You do some bounty or airdrop and then trade. It is better not to take so much risk.
Because there is no guarantee that you will be able to make a profit in trading. So there is no need to trade with so much risk. First you earn for free.

There's no guarantee that you would make some profits thats why its really hard to make use of loaned money which you cant really be sure if you could repay those on time know that there would be due dates on paying

those loan and if there are no other sources of income for you to pay those loan then you would really be in big trouble when the time comes but if you do have other sources then it isnt really bad to take some
loan but of course you should be responsible on your own actions.

It would be always better this way if you dont really consider on taking a loan on using up into investment purposes.It would better to save up than considering this option.

[jossiel]

I think it is better not to trade on loan. What kind of gambling it feels. You do some bounty or airdrop and then trade. It is better not to take so much risk.
Because there is no guarantee that you will be able to make a profit in trading.

It's a gamble because you're unsure whether you'll succeed or not.

So there is no need to trade with so much risk. First you earn for free.

You don't earn for free, you have to make some way on the way for your earnings. And the profit that you'll get from there, it's going to be your starting point.

[Ianlanim]

You need to work and take risks only with those means that are available, and with which you can easily part.

[Fivestar4everMVP]

The joy in trading is when the money which is been used to trade is owned by the trader. Normally trading is something that is unpredictable, one can't really know or see the outcome if it will be a big loss, small loss or big win, small win. When money that is been used for trading is owned by the trader if there should be loss he may not too feel about the loss, unlike when the money which was been used for trading is borrowed,  in a case whereby the person do not have good source of income.

I know someone who started how to trade about four months ago. He is a beginner in trading, I don't really know how good he is, but to him he may feel he can always make earnings. I think he was so confident in himself, he had to borrow money for trading which he could not make good profit. As a beginner borrowing money to trade is not the best. It is not even advisable to use all the money one has to trade or invest talk much of to borrow to trade.

Borrowing money to trade or invest in crypto is highly discouraged in this environment, I personally have had good opportunities to borrow money to invest in crypto but after weighing the both sides, that's profit and loss, what I stand to gain and loss, I refused to take the loan.

Just like some guys already said here, borrowing money to put into crypto investment or trading already takes away your peace of mind, it will cause one to live in constant fear and anxiety of what if anything goes wrong for whatever reason beyond your control?

The truth is that it is better to trade or invest with your money than borrow to do this, cus the restlessness and health challenges one would pass through before the gain even arrives is capable of shortening ones life span, so I highly discourage borrowing to trade or invest.

[doremonchina]

The main time it's a good idea to get cash for a speculation referred to in monetary dialect as contribute a credit is the point at which the profit from venture of the advance is high and the danger level of the venture is low.
It is imprudent for a financial backer to put a credit in a dangerous vehicle like the securities exchange or subsidiaries
Likewise if a financial backer applies for a line of credit it doesn't make sense to put the cash in a speculation that will develop after the advance is expected  It is likewise significant that the financial backer ensures that the profit from speculation is more noteworthy than the expense of the advance.

[Desmong]

I agree with you! It's not right to borrow money for trading because trading is very risky though it has a profit too when it will be done correctly and at the right time. It's better to start slowly even with $50 then grow it day by day with a small profit rather than wanting to start with a lot but from a loan!

Trading is very risky? So tell me, what does not take risk in this life? Everything is risky whether working or not. If you feel like taking a loan and you trust yourself of paying back at the due time, then that's fine. Take the loan and pay back but if taking the loan and paying back is not certain, then trying to ignore the urge cause it can learn the trader in trouble.

[finaleshot2016]

I'm telling you, taking a loan and then investing with it is a HUGE MISTAKE!

I don't like how it works, and it's evident that the danger is really high, because what if the coin in which you invested goes downhill and it takes a long time to recover? How will you pay them? As a result, we do not recommend taking out a loan merely to invest in a risky coin.

[Furious 7]

I'm telling you, taking a loan and then investing with it is a HUGE MISTAKE!

I don't like how it works, and it's evident that the danger is really high, because what if the coin in which you invested goes downhill and it takes a long time to recover? How will you pay them? As a result, we do not recommend taking out a loan merely to invest in a risky coin.

That's nothing to suggest that all investments in crypto must be cold money and there should be no loans just because you want a quick profit I say it's a big risk.

One of them is to use the money you have, meaning that it is free from your living expenses if you insist on borrowing and it will be very difficult to return it, unless you have full confidence that the capital can be returned.

[Nutrient]

Either that person is unquestionably good at trading or has a concrete reason to be sure of the profit. If one isn’t any of these two, avoid taking a loan. You cannot be 100% sure of the outcome of a trade if you don’t fall under the above mentioned category. Taking a loan to trade isn’t just risky but it puts the trader under pressure which is even bad for trading!

[IamWealth]

To avoid putting yourself under pressure, avoid taking a loan to trade. Except you are a badass trader or you got privileged info on the profit from an insider, don’t trade. The risk that people usually talk about isn’t far fetched. They are people’s experiences.

[osasshem]

The worst action one can ever take is to borrow or take a loan for trading. It is not a good idea at all. Anything can happen in the market, where things can go wrong, truly we will have to be positive at heart, but let the truth be said. If the capital is gone, e everything comes back to point zero, and at that time the heart is troubled and when one can't payback, then the law will have to come in and take it's place. It is advisable that you invest what you can afford to lose, not what you can't afford to payback.
Except, you are very good with the market analysis, and have gotten lots of experience over the years, and even at that good traders still makes losses too. So one has to take reasonable risks.

[imran101]

Borrowing trading carries a lot of risks. Here you are more likely to lose instead of gain. I will tell you not to borrow and trade. Most of the time, since there is a possibility of launch, it is better not to trade by borrowing.

[bamb]

Loan that is aquired for a specific investment in Cryptocurrency,  for example defi,  can not be said to be dangerous.  Borrowing in to stable coin which is used to farm other coin or staked for interest without exposure into losing the value of such borrowing is calculated borrowing that should give profit!  Borrowing on speculations however can dig a hole in your pocket!

[Xampeuu]

Trading is risky all the time. Because you can get profit through trading and you can also lose money. And if that money of trading is borrowed, then it is more risky. Because even if you have a loss in trading, you still have to repay your loan. Then it will become much difficult for you. So trading should always be done with extra money so that even if you lose your real life will not have any effect.

for those who do not understand trading, because they are only tempted by profits, borrowing capital for trading is very risky, but it is different for people who already understand trading, of course borrowing this money is the same as we need capital from banks for our business. and I think that's understandable

[blatchcorn]

The worst action one can ever take is to borrow or take a loan for trading. It is not a good idea at all. Anything can happen in the market, where things can go wrong, truly we will have to be positive at heart, but let the truth be said. If the capital is gone, e everything comes back to point zero, and at that time the heart is troubled and when one can't payback, then the law will have to come in and take it's place. It is advisable that you invest what you can afford to lose, not what you can't afford to payback.
Except, you are very good with the market analysis, and have gotten lots of experience over the years, and even at that good traders still makes losses too. So one has to take reasonable risks.

Banks never care for your profit nor for your loss, they only care about there money with interest and if you fail to pay them back then they take whatever you have pledged.
Not everyone is good in handling wildfire of crypto trading, even expert traders fail at times. Most importantly crypto has bear seasons also that may last for months or years. How can you return loan if your investment get struck? These are some question one need to ask himself before taking such step.