Taking loan to trade is a risky task

[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.