Taking loan to trade is a risky task

[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.

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[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.