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Author Topic: Dont just borrow money but for the right reason  (Read 892 times)
Voxo2222 (OP)
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December 13, 2021, 09:04:07 PM
 #1

Metaverse is place u invest go to ur bank ask as much you can or sell your assets and start investing in metaverse.
Metaverse will be in 5-10years where btc and crypto was 5-10 years ago.
Sure u can use your own money without loan but under 100,000$-300,000$ minimum ammount no point.
You want to invest to change ur life for under 500,000$ profit no point even to act.

Always act for bigger motivation dont waste ur time for small things so much.
Metaverse will be huge the real estate in metaverse will prices will go higher with money u invest today sure you will 10x atleast.
Metaverse will do even bigger then btc and even u did imvest 5 years ago in btc u would have nice profit today.

You can even tell YOU r bank u will invest in metaverse they know it will go up so its a great investment and they know it has good return how do they know ??
Well all the bankers allready investing in metaverse and your bank will be happy to see you get financially good and use their money best ways.

Now some of you telling me ....ou its a risky still ?

I tell u look at people with money ? Are they dumb ?
They are investing heavy money in metaverse.
Also 5 years ago same people imvested heavy money in btc and crypto.

They are never gona do the wrong investment they what has a value always in future they social circle is all good information and if u connect the dots u know what they do it with money so you follow to them always.

And yes best time to loan as much u can from the bank to invest in. Metaverse the metaverse assets will be so good that u can use that even for collateral for loan.

If banker telling its not good reason to invest or take loan then you can tell they know zero about finances and investment and they should not have banking license never ever sure the regular banker u cant argue with them they just follow the rules and do the data entry job but investment banker should give you money for sure.

And after you can take a banker to ride to ur lambo.
Sure the banker will be happy if their clients will be wealthy they still keep their money in same bank.

In 5 years this investment will return very good ROI.
Life is simple lets not make it so difficult
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December 14, 2021, 07:06:10 AM
 #2

Talking abou metaverse that's great, most of technology news talk about that, but if we talk about investing in metaverse, I think we should analyze it first. Not all metaverse project is good to invest, We need to know where , who, and all of the details behind them, because I heard so much money needed to invest in there.

I think it's back to your own risk appetite, if you are a risk taker, metaverse is the beat choice, but if you aren't, it's better to invest in crypto

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December 14, 2021, 07:11:52 AM
 #3

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December 14, 2021, 08:09:19 AM
 #4


Sure u can use your own money without loan but under 100,000$-300,000$ minimum ammount no point.

Even $300,000 can change the lives of most people without investing in the metaverse. Why bother to invest and have to wait 5 years? Especially with borrowed money that is clearly high risk?

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December 14, 2021, 08:34:00 AM
Merited by Gozie51 (1)
 #5

In 5 years this investment will return very good ROI.
Life is simple lets not make it so difficult

Many people don't understand the beauty of investing, you don't that have to go put yourself under some unnecessary pressure just because you don't want to miss the supposed next big thing in the industry. Remember metaverse wasn't even a hit topic until Facebook decided to jump in. What if facebook was to back off the trend, do you think the hype surrounding this trend will still continue?.

Remember Facebook tried entering the cryptocurency industry through providing a service that didn't go so well. Before then the market got a boast at the news of Facebook coming in but that didn't end so well. I'm not trying to say the metaverse will end in the same way but don't go investing all especially borrowing  money when this is still a sector that has minimum of years to develop fully and anything can happen in this years.

Best you go about investing with few dollars and profit heavily from then than going to borrow thousands of dollar and go into desperation from the market not going your way in the near future.

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December 14, 2021, 08:52:26 AM
 #6

Metaverse is place u invest go to ur bank ask as much you can or sell your assets and start investing in metaverse.
I find this idea crazy. Even if I'm a 100% crypto person, I wouldn't advise this to anyone that doesn't have an idea of what he's about to do. You don't advise people to sell all of their assets for metaverse. They can still stay with those assets and have themselves generated with a new income that shall be invested into the metaverse. I just find this is a bad suggestion since not everyone is already aware of how the market is truly volatile whether it's metaverse or not.



 

 

 

 

 

 


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December 14, 2021, 09:49:15 AM
 #7

Quote
And yes best time to loan as much u can from the bank to invest in. Metaverse the metaverse assets will be so good that u can use that even for collateral for loan.

To be honest, I'm not comfortable with this. Of course when you want to borrow just to invest in the metaverse, the bank employees and management would call you "delusional" or "crazy", so yeah no chance that they're gonna be convinced.

When I borrow money, it should be for the purpose of starting a business. Of course, there's nothing wrong to borrow money for emergencies or personal loans as long that we could pay diligently with interest. But for metaverse? Nah!! I would rather earn it than borrowing.

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December 14, 2021, 12:29:01 PM
 #8

It's okay to borrow money for the purpose that will have a good return and not on debt results. Putting huge money on crypto is risky as well, so it's best to invest money that afford can be lose because the market is unpredictable anytime you can lose money in an instant.

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December 14, 2021, 12:40:18 PM
 #9

I'm not against with borrowing money if you just want to expand your portfolio and know how to multiply it, and most important of all you can able to pay it according to what timeline set by the lender. But what bad thing about this is you lend money because you want to have capital on certain things like investing it on some NFT or other types of investment without having a knowledge on what you do since this is kinda suicide and we might lose instead to earn with that.

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December 14, 2021, 12:46:35 PM
 #10

I still think the value of metaverse is based upon an assumption Elon Musk's neuralink brain implant will become the jack Neo used to interface with the matrix. People assume the next big leap is technology from the matrix trilogy where people directly interface with the internet through a brain link VR experience.

Virtual reality and 3D graphics are certainly nothing new. There have been no recent developments to say anything has changed in those industries to give VR a significant advantage over existing dynamic pages. I think everything metaverse promises can already be achieved using HTML5. Metaverse could be done in adobe flash. People were making 3d based VR user experiences in flash 10+ years ago. There is definitely a question as to what metaverses high promised valuation is based upon. I would be interested if anyone has an answer.

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December 14, 2021, 12:51:02 PM
 #11

Is there a guarantee that borrowing money will make a profit? This is always very risky, especially when it comes to cryptocurrencies. You should always remember the expression: "You take someone else's and for a while - you give yours and forever!". Therefore, borrowing money is a very dubious action. I am used to relying only on myself and I do not advise relying on others, constantly worrying about whether I can pay on time or not.
By the irony of life, more often than not, borrowed money always gives out some kind of unpleasant surprise, but only those who have already had losses and gained experience know this.

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December 14, 2021, 01:47:41 PM
 #12

Don't let you exchange certainty for uncertainty, I mean when borrowing capital or money from banks, friends, margins and so on, we definitely have to pay it off and it's mandatory. Whereas if you invest anywhere, profit is an uncertainty. Who will guarantee that you will definitely profit?
very risky if what you expect is not suitable, it is better to invest according to your ability and don't force it if you can't afford it and it's better to invest with cold money or money you can afford to lose because investing is very risky and borrowing is the same as wanting risk.

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December 14, 2021, 02:14:13 PM
 #13

If they are not extravagant in spending their money in their daily life, the money will be put to good use. In borrowing money, it is very important for us to prioritize the purpose of the loan and have a great chance for us to repay it. Likewise with saving money in a bank, immovable assets are more suitable for us to sell for investment purposes. it will be better for the future, we don't have to think far. Let someone else manage our money.
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December 14, 2021, 02:37:19 PM
 #14

I assume you talking about long term investment with borrowing money which mean the money to invested should be holded for 5 or next 10 years but paying your debts is necessary and if you borrowing money from bank then usually they pushing you to pay you debts monthly and how could you can able to pay it if your money fully invested at metaverse projects so I think this strategy were clearly wrong and very risky to be implemented and for long term investment people should be using free money
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December 14, 2021, 02:56:13 PM
 #15


Sure u can use your own money without loan but under 100,000$-300,000$ minimum ammount no point.

Even $300,000 can change the lives of most people without investing in the metaverse. Why bother to invest and have to wait 5 years? Especially with borrowed money that is clearly high risk?
It is better to invest in crypto without a loan because that will help us pay the loan monthly and avoid something that can make us risk. But there is no guarantee for people who invest in crypto for 5 years to make a big ROI as the crypto market will always fluctuate and have high volatility. At least, crypto investment is not for those who do not have patience. There is no minimum amount to invest in crypto but if you buy the coins at the exchange, there is a minimum amount to buy and I think that amount is not too big.

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December 14, 2021, 03:15:34 PM
 #16

But what is gonnaa be happen if the investmet not going well in 5 years ? the total loan must be compunding by the loan interest and the borrower will be stuck with debt.
Many people must be heard about when investing in crypto they must use free money or money that we can afford to lose, and never use loan money for crypto investing.
But people, mostly young people want to take high risk. Some are success because the right investment and the right time, but some are having a bad luck.

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December 14, 2021, 03:26:23 PM
 #17

Won't touch upon the topic of metaverse since I don't know much, but borrowing money for the "right reason" isn't enough of an excuse to put yourself into debt. Just earn money slowly then invest slowly, if it's as you said, it's still half a decade, most probably more even before one could profit from such an investment. Use that years to earn money to invest into metaverse, pretty sure that if it's as good as you said, developing in 5 years wouldn't suddenly make it lose it's value in the years after that.

R


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December 14, 2021, 04:10:57 PM
 #18

It's okay to borrow money for the purpose that will have a good return and not on debt results. Putting huge money on crypto is risky as well, so it's best to invest money that afford can be lose because the market is unpredictable anytime you can lose money in an instant.
But you can't really guarantee a good return at the given time, there's a lot of possibilities that can happen and at the same time, plan changes for good or bad along the way so I don't see how it's a good idea to borrow money even if there's good return.



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December 14, 2021, 05:13:34 PM
 #19

But what is gonnaa be happen if the investmet not going well in 5 years ? the total loan must be compunding by the loan interest and the borrower will be stuck with debt.
Many people must be heard about when investing in crypto they must use free money or money that we can afford to lose, and never use loan money for crypto investing.
But people, mostly young people want to take high risk. Some are success because the right investment and the right time, but some are having a bad luck.

Well then the metaverse is not future and its a scam.
C..mon u cant take world on ur shoulders always we are depending on other things in the world if one thing goes wrong everything goes wrong.
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December 14, 2021, 05:30:09 PM
 #20

Borrowing money to invest??
- What about the extra that you have to pay per month ??
- What if it does not go right??
- What if it's not 5 years but 10-20 years??
- What if the government decides to ban it in certain countries and people are asked to sell their holdings??
- What if your economic situation declines and you have to urgently take the money out ??
There are so many what ifs, one should understand that we cannot be sure of how the project will go, it's certainly a very good start the concept seems ideal as well, which I think can gain acceptance very soon. The loans as well is not so easy to get, especially during the pandemic, the interest alone would be very hard for most people to bear especially during the pandemic.

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December 14, 2021, 05:40:26 PM
 #21

In 5 years this investment will return very good ROI.
Life is simple lets not make it so difficult

Remember Facebook tried entering the cryptocurency industry through providing a service that didn't go so well. Before then the market got a boast at the news of Facebook coming in but that didn't end so well. I'm not trying to say the metaverse will end in the same way but don't go investing all especially borrowing  money when this is still a sector that has minimum of years to develop fully and anything can happen in this years.


You have said it all well @ CryptopreneurBrainboss. I think the whole hype on the metaverse is Mark Zuckerberg announcing that Facebook switching to it and every where seem to be in agog with the technology and yes Facebook tried to establish itself in cryptocurrency with libra coin but to no avail on the success and now pushing through with metaverse. For investors however, there have been other profitable means of investment before this so having an option is just a means of not throwing all eyes in one basket.

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December 14, 2021, 09:45:08 PM
 #22

Metaverse is place u invest go to ur bank ask as much you can or sell your assets and start investing in metaverse.
Metaverse will be in 5-10years where btc and crypto was 5-10 years ago.
Sure u can use your own money without loan but under 100,000$-300,000$ minimum ammount no point.
You want to invest to change ur life for under 500,000$ profit no point even to act.
What people seem to mistake this "metaverse" idea is the fact that it is a concept and not a coin. You do not invest into "metaverse", you invest into a token or an idea or something. Like "land" or "mana" or whatever. Sure some of them could x100 but remember some of them could go to zero as well. There is no guarantee which one will do what.

This is why I believe that we should not be calling metaverse generally an idea. This is more like saying "invest into NFT", yeah sure some of them could turn 100 bucks into 1 million dollars if you are lucky enough, but some of them will not be even get sold. In this case you could go buy a patch of land digitally somewhere, but then you will need to realize that your land may worth zero in the long run, or it may worth a million dollars.

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December 14, 2021, 11:12:09 PM
 #23

In 5 years this investment will return very good ROI.
Life is simple lets not make it so difficult

Remember Facebook tried entering the cryptocurency industry through providing a service that didn't go so well. Before then the market got a boast at the news of Facebook coming in but that didn't end so well. I'm not trying to say the metaverse will end in the same way but don't go investing all especially borrowing  money when this is still a sector that has minimum of years to develop fully and anything can happen in this years.


You have said it all well @ CryptopreneurBrainboss. I think the whole hype on the metaverse is Mark Zuckerberg announcing that Facebook switching to it and every where seem to be in agog with the technology and yes Facebook tried to establish itself in cryptocurrency with libra coin but to no avail on the success and now pushing through with metaverse. For investors however, there have been other profitable means of investment before this so having an option is just a means of not throwing all eyes in one basket.
Diversifying would always be the best choice but of course you should throw off your funds into something which you do saw that has potential or really in trend or on which you do see that it could really progress in the future.Metaverse now is the current trend
and as an investor then you should be wise on selecting on which investments you would be putting on and not just
making yourself get dragged with some hype.
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December 14, 2021, 11:56:40 PM
 #24

Metaverse is place u invest go to ur bank ask as much you can or sell your assets and start investing in metaverse.
Metaverse will be in 5-10years where btc and crypto was 5-10 years ago.
Sure u can use your own money without loan but under 100,000$-300,000$ minimum ammount no point.
You want to invest to change ur life for under 500,000$ profit no point even to act.
What people seem to mistake this "metaverse" idea is the fact that it is a concept and not a coin. You do not invest into "metaverse", you invest into a token or an idea or something. Like "land" or "mana" or whatever. Sure some of them could x100 but remember some of them could go to zero as well. There is no guarantee which one will do what.

This is why I believe that we should not be calling metaverse generally an idea. This is more like saying "invest into NFT", yeah sure some of them could turn 100 bucks into 1 million dollars if you are lucky enough, but some of them will not be even get sold. In this case you could go buy a patch of land digitally somewhere, but then you will need to realize that your land may worth zero in the long run, or it may worth a million dollars.

This is real talk. People should not think that they will get rich when they invest into this new hype. For sure, a lot of them will go to waste or will not be sold even if they want to. Only few of them will be valuable in the market and hard to determine right now. The metaverse concept is gaining popularity, but only few platforms can really make it and survive in the market. So don't be deceived by great promises but look into the possible value of the project 5 or 10 years from now.
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December 15, 2021, 02:12:14 AM
 #25

If you are recommending that people borrow money or take loans so that they could invest in metaverse projects, I completely disagree and would even go as far as considering this as a very bad financial advice.

You don't borrow money to risk on investments, whatever investment it may be, not even on Bitcoin. And Metaverse investments are far far riskier than Bitcoin.

As a matter of fact, and you could take this as a financial advice, if possible, avoid borrowing at all.

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December 15, 2021, 02:52:48 AM
Merited by skarais (1)
 #26

OP, may I suggest that you not write posts here as if you were texting someone?  What you wrote is very difficult to read, and if you're trying to engage members in discussion, have enough respect for them to write out your thoughts coherently.  Not sure if you're ever going to want to join a campaign or bounty (though you already got negged for trolling), but good writing skills come in handy for those.

As far as Facebook's metaverse goes, I couldn't care less about that shit and don't see how it applies to a discussion on economics.

Metaverse will be huge the real estate in metaverse will prices will go higher with money u invest today sure you will 10x atleast.
Now that's just a retarded statement to make.  I've heard of Earth2 via Youtube, and people buying up plots of virtual land is about as idiotic as it gets.  It's an excellent example of the greater fool theory, because there's nothing of real value in those plots.  As soon as the music stops, anyone owning them is going to be stuck with digital garbage that they can't unload at any price.

I don't even know what all that has to do with the title of this thread, though I saw you mention borrowing.  Not even going to comment on that, because this thread isn't worth it.  If you're going to be a member here, do more reading and less writing.

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December 15, 2021, 07:20:01 AM
 #27


Sure u can use your own money without loan but under 100,000$-300,000$ minimum ammount no point.

Even $300,000 can change the lives of most people without investing in the metaverse. Why bother to invest and have to wait 5 years? Especially with borrowed money that is clearly high risk?
It is better to invest in crypto without a loan because that will help us pay the loan monthly and avoid something that can make us risk. But there is no guarantee for people who invest in crypto for 5 years to make a big ROI as the crypto market will always fluctuate and have high volatility. At least, crypto investment is not for those who do not have patience. There is no minimum amount to invest in crypto but if you buy the coins at the exchange, there is a minimum amount to buy and I think that amount is not too big.

Well said. Though Investment on borrowed money can multiply you profits many times but at the same you are at risk of losing all what you invested. I have seen many fiends trading in future and Margin markets but they rarely make any profit. If you make investment in Real estate and payback your loan in installments and your monthly earning are sufficient to cover you expenses then it is okay. Borrowing money for growth of already running good business is also good idea.









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December 15, 2021, 03:09:46 PM
 #28

Well, lands in Metaverse projects are expensive and knowing to buy property from projects that won't fail will be good when they are just starting. I won't advise anyone to borrow money and invest i  cryptocurrency, although the odds always favour those who dare with the right project and with a huge patient.
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December 15, 2021, 05:29:18 PM
 #29

Well all the bankers allready investing in metaverse and your bank will be happy to see you get financially good and use their money best ways.
Banks will always be happy when you come to borrow their loan and only happy when you repay it on time. Lol, I don't think this idea would be wise except the risk factors from the Metaverse are more likely. I can somewhat agree that the Metaverse "volcano" still brings a lot of hype but what's behind that. I can leverage some of the collateral to borrow bitcoin and use it to invest in a different kind of crypto-specific investment. I think it's different for the whole metaverse and bitcoin, and I'm sure the reason for that lesson you had earlier this month Wink

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December 15, 2021, 06:08:31 PM
 #30

Talking about Metaverse is much different than investing in cryptocurrencies these two are not the same and you should not consider metaverse just for investing, that's a technology and in my own idea talking about metaverse is more like talking about ai because that's something know we will face it more in the near future and obviously this can be a good reason for many people to get into it even if they do not really understand, they walk in with closed eyes and due to this huge interest, they usually take profits their investment they make. However, I see you got a red tag for trolling and this makes your text less serious for everyone to even read it completely.

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December 15, 2021, 06:30:56 PM
 #31

You say Life is simple lets not make it so difficult, but borrowing from a bank doesn't it add to the burden of a person's life that it becomes more difficult and has double the burden before he borrowed? there are flowers waiting. So the bank will be very interested if you continue to increase the loan limit, but your life will be in the pursuit of the bankers? is such a life considered simple?

The simple life is he who doesn't force what he really can't return because he sees the situation, conditions and factors that cause a person to invest in a variety of ways. A simple life doesn't exaggerate what he doesn't have completely, a simple life doesn't make you too much of a burden on dependents.

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December 20, 2021, 02:53:43 PM
 #32

why insist on borrowing money in investing?
  invest according to existing funds not by borrowing, investing in crypto is very risky where the level of fraud and price declines is in sight,
By selling assets I also don't agree, the reasons are the same as above

we hope to get ROI in the next 5 years but who knows the state of the crypto world in the future
although the predicted metavers project is better than btc

.SUGAR.
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December 20, 2021, 03:21:19 PM
 #33

OP, no need to loan if you want to invest because I think you can also invest whenever you want, even if it is 10% of your total monthly income. That's much better in my opinion because you don't incur interest on the loan.

Investing in cryptocurrencies is not the right way to do it without considering the risks. You should never sell a physical asset if you only want to spend it investing because you are not really guaranteed to get a high ROI on your investment options. So it's worth thinking about other ways to invest and one of them is 10% of your total monthly income.

why insist on borrowing money in investing?
He may forget about the risks, or he may just be tempted by the profits while he ignores the monthly credit he has to pay.

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December 20, 2021, 07:50:47 PM
 #34

Borrowing money to invest on bitcoin is a big risk to investors because the price of bitcoin is unpredictable. Many investors that borrowed a huge amount of money to invested on bitcoin early this year hoping the price will get to $70 before the end of November to enable them to pay back their money they borrowed. The price of bitcoin is still decreasing in the exchange market which is causing more fear to the life of those that collected a huge amount of money to invest in the community.
It was those days many investors loan money from the bank to invest on bitcoin and still make it within a year because the price of bitcoin was stable and steady in pumping in the market.

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December 20, 2021, 08:01:50 PM
 #35

Metaverse is place u invest go to ur bank ask as much you can or sell your assets and start investing in metaverse.
Metaverse will be in 5-10years where btc and crypto was 5-10 years ago.
Sure u can use your own money without loan but under 100,000$-300,000$ minimum ammount no point.
You want to invest to change ur life for under 500,000$ profit no point even to act.
-snip-

It's hard to take investment advice off someone who struggles to construct a logical thought chain or who is so lazy when writing they use "gona" and "ur". You might be on to a nugget of a good idea, but it's ruined when you get so carried away with your idea. 1) It seems like it might be a good idea to start looking for possible investment ideas based around the metaverse that Zuckerberg wants to pour money into, but should be thoughtful research and can be abandoned if needed. 2) You should try to avoid borrowing money for such speculative investments unless you're familiar with stocks and the extremely high risks involved, you could end up very far in debt which makes it hard to start again. Debt is a shackle, unless it's a low cost mortgage then aim to avoid it at all costs.

R


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December 21, 2021, 08:01:50 AM
 #36

Getting a loan and waiting for 5-10years before you make profit and payback the loan don't it sound awkward and which financial institution or individual would build such patience with you. It's better doing it with your own capital. Don't get easily moved by hype as far as crypto investment is concerned always remember the are high risk venture and as such investing wisely should always be considered
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December 21, 2021, 09:35:10 AM
 #37

Getting a loan and waiting for 5-10years before you make profit and payback the loan don't it sound awkward and which financial institution or individual would build such patience with you. It's better doing it with your own capital. Don't get easily moved by hype as far as crypto investment is concerned always remember the are high risk venture and as such investing wisely should always be considered
Borrowing money to invest in crypto for me is not the main option and maybe it is optional,
it's better to keep using your own capital but if you really want to borrow it needs careful consideration,
again everyone has to make their own decisions and must be sure

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December 21, 2021, 01:53:22 PM
 #38

Metaverse is place u invest go to ur bank ask as much you can or sell your assets and start investing in metaverse.
Metaverse will be in 5-10years where btc and crypto was 5-10 years ago.
Sure u can use your own money without loan but under 100,000$-300,000$ minimum ammount no point.
You want to invest to change ur life for under 500,000$ profit no point even to act.

Always act for bigger motivation dont waste ur time for small things so much.
Metaverse will be huge the real estate in metaverse will prices will go higher with money u invest today sure you will 10x atleast.
Metaverse will do even bigger then btc and even u did imvest 5 years ago in btc u would have nice profit today.

You can even tell YOU r bank u will invest in metaverse they know it will go up so its a great investment and they know it has good return how do they know ??
Well all the bankers allready investing in metaverse and your bank will be happy to see you get financially good and use their money best ways.

Now some of you telling me ....ou its a risky still ?

I tell u look at people with money ? Are they dumb ?
They are investing heavy money in metaverse.
Also 5 years ago same people imvested heavy money in btc and crypto.

They are never gona do the wrong investment they what has a value always in future they social circle is all good information and if u connect the dots u know what they do it with money so you follow to them always.

And yes best time to loan as much u can from the bank to invest in. Metaverse the metaverse assets will be so good that u can use that even for collateral for loan.

If banker telling its not good reason to invest or take loan then you can tell they know zero about finances and investment and they should not have banking license never ever sure the regular banker u cant argue with them they just follow the rules and do the data entry job but investment banker should give you money for sure.

And after you can take a banker to ride to ur lambo.
Sure the banker will be happy if their clients will be wealthy they still keep their money in same bank.

In 5 years this investment will return very good ROI.
Life is simple lets not make it so difficult

It's too early to tell that metaverse will really be that good and really worth the risk to make a loan just so you could invest in it. This is such a huge risk if ever you would do it. There is no guarantee that metaverse will stay for the long term. Also, just the main thought of you borrowing money so you could invest in something is not really good financial advice. You should only invest what you can afford to lose most especially in something that is just still blooming. So if ever things go bad, you still have money in your pocket and you won't be overly emotional in losing because that's just your spare.

Do your own risk assessment and planning before making decisions that could either make or break you. Do not be carried away with the hype without really understanding and analyzing the processes it would take for you to have ROI. Strategize smartly and do not do it impulsively because everything that is done in rush is most likely to have a bad outcome.
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December 21, 2021, 02:14:33 PM
 #39

How come one should not be worried about the risks with their money? Not everyone is born with silver spoon in their hands and you have to be very keen while making the plans to save yourself from going doen the sink. Money is something that talks the language of happy life. Gone those days which used to say money can’t buy the happiness! It’s completely new world, you have to have multiple income sources with smart investment plans.

Borrowing money is as simple as counting 1-2-3 however paying it back is not as easy as you are portraying in writing up. The interest rates, principle amount, your daily expenses, profits all calculations needs to be done before you step out.

Mera verse is no doubt new scale up investment, however you should not trust the market with so much blind attitude. That’s insane.
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December 21, 2021, 02:36:21 PM
 #40

Getting a loan and waiting for 5-10years before you make profit and payback the loan don't it sound awkward and which financial institution or individual would build such patience with you. It's better doing it with your own capital. Don't get easily moved by hype as far as crypto investment is concerned always remember the are high risk venture and as such investing wisely should always be considered
You pay it back, but you wait for your crypto to mature. World is already filled with people who have debt, this may sound weird but some people just say that they could make some more debt and that way they could bring their asset amount to a bigger level and then they can pay the loan back from their regular salary or their business or whatever.

I know a ton of people who did that with non-crypto stuff, I know a person who has 13 million dollars in debt, but he owns a school and that school makes hundreds of thousands of dollars in profit every single year which he reinvests to other projects to grow his asset size and hopefully start another school soon by showing all those assets as collateral and getting even a bigger loan to build that new school.

So this way, dude will be forced to pay a HUGE sum of money every month, literally in hundreds of thousands of dollars, but he would have 2 schools, and maybe 20-25 buildings under his name. Which shows that, if you are smart to take out a loan, then you will be richer.

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December 21, 2021, 02:54:43 PM
 #41

I still think the value of metaverse is based upon an assumption Elon Musk's neuralink brain implant will become the jack Neo used to interface with the matrix. People assume the next big leap is technology from the matrix trilogy where people directly interface with the internet through a brain link VR experience.

Virtual reality and 3D graphics are certainly nothing new. There have been no recent developments to say anything has changed in those industries to give VR a significant advantage over existing dynamic pages. I think everything metaverse promises can already be achieved using HTML5. Metaverse could be done in adobe flash. People were making 3d based VR user experiences in flash 10+ years ago. There is definitely a question as to what metaverses high promised valuation is based upon. I would be interested if anyone has an answer.

Metaverse is VR. the only difference between them and Adobe Flash is that VR never caught on, which makes metaverse even less likely to get on, and has effectively died (judging by their product lines, big tech corps are merely pretending that it's alive though), the other was so popular that it had to be forcibly killed when it became too expensive to continue fixing security vulnerabilities in it.

I'm sure most people aren't comfortable with the privacy implications of hooking up some tracking device around your head.

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December 21, 2021, 09:18:13 PM
 #42

You’re right, Metaverse is a very good investment. It’s an investment that would be worth considering, because there are millions of dollars being invested every day, although I can’t say for sure whether it  would be bigger than BTC. When you talk about being bigger, do you mean the Metaverse platforms combined, or just a one platform itself? For example, there are different metaverse platforms and to mention a few of them, there are Decentraland, The Sandbox, and Axie Infinity. I don’t think any of these platforms itself would be able to become bigger than bitcoin in future, but in combination? Maybe.

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December 21, 2021, 09:44:10 PM
 #43

Borrowing money to invest in crypto for me is not the main option and maybe it is optional,
it's better to keep using your own capital but if you really want to borrow it needs careful consideration,
again everyone has to make their own decisions and must be sure
It's not even optional for me. I don't want to add some problem that I might regret it in the nearest future. No one will stop anyone from borrowing a loan to invest in crypto until they become broke and did the wrong decision.

Upon investing in the crypto market, metaverse tokens or not, just be the man of your own money and that decision that you'll make is going to be an important thing for your future.



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December 21, 2021, 10:06:35 PM
 #44

Borrowing money to invest in crypto for me is not the main option and maybe it is optional,
it's better to keep using your own capital but if you really want to borrow it needs careful consideration,
again everyone has to make their own decisions and must be sure
It's not even optional for me. I don't want to add some problem that I might regret it in the nearest future. No one will stop anyone from borrowing a loan to invest in crypto until they become broke and did the wrong decision.

Upon investing in the crypto market, metaverse tokens or not, just be the man of your own money and that decision that you'll make is going to be an important thing for your future.
But not all would really be having that kind of capability in terms of finances which means they would really be needing to take some loan whenever they do see some opportunities for them to get in

and they dont have any choice or options but to take some loan which i do say that it isnt really bad always as a decision as long you do know on how to repay those
loans then i dont see any problems.
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December 21, 2021, 10:28:03 PM
 #45

Borrowing money to invest in crypto for me is not the main option and maybe it is optional,
it's better to keep using your own capital but if you really want to borrow it needs careful consideration,
again everyone has to make their own decisions and must be sure
It's not even optional for me. I don't want to add some problem that I might regret it in the nearest future. No one will stop anyone from borrowing a loan to invest in crypto until they become broke and did the wrong decision.

Upon investing in the crypto market, metaverse tokens or not, just be the man of your own money and that decision that you'll make is going to be an important thing for your future.
But not all would really be having that kind of capability in terms of finances which means they would really be needing to take some loan whenever they do see some opportunities for them to get in

and they dont have any choice or options but to take some loan which i do say that it isnt really bad always as a decision as long you do know on how to repay those
loans then i dont see any problems.

It is true that there is no problem with borrowing money, as long as the need is urgent. But if investing in crypto is not an urgent matter, so there is
no need to borrow money to be able to invest in crypto. I think investing in crypto is better using the extra money we have, because we know
the risk of investing in crypto is very high. I have a friend who ended up in huge debt, after borrowing money from a bank to invest in crypto.
And it turned out that he chose the wrong coins and had to suffer a loss, indeed he was able to pay the debt installments with the salary he got.
But he feels burdened by the debt and his current life does not look happy. So my conclusion would be better to life without debt, so I really
wouldn't borrow money if it wasn't for an urgent need. For investing in crypto I prefer to use the extra money I have, even though the amount is
not much, but I don't need to go into debt.

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December 21, 2021, 11:10:58 PM
 #46

Borrowing money to invest in crypto for me is not the main option and maybe it is optional,
it's better to keep using your own capital but if you really want to borrow it needs careful consideration,
again everyone has to make their own decisions and must be sure
It's not even optional for me. I don't want to add some problem that I might regret it in the nearest future. No one will stop anyone from borrowing a loan to invest in crypto until they become broke and did the wrong decision.

Upon investing in the crypto market, metaverse tokens or not, just be the man of your own money and that decision that you'll make is going to be an important thing for your future.
But not all would really be having that kind of capability in terms of finances which means they would really be needing to take some loan whenever they do see some opportunities for them to get in

and they dont have any choice or options but to take some loan which i do say that it isnt really bad always as a decision as long you do know on how to repay those
loans then i dont see any problems.

But if you are borrowing money to invest in crypto, this is a very high risk to take. As we are facing the volatility, you have no guarantee if you can achieve your targets and pay your loan on time. Though some have no choice, but it is better if you have other sources of income in case, your chosen crypto investment gone wrong. Definitely, at the end of the day, it is your decision to take this route, but you should also take into account the consequences that you may face if things will not go according to your plans.
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December 22, 2021, 02:26:21 AM
 #47

Borrowing money is as simple as counting 1-2-3 however paying it back is not as easy as you are portraying in writing up. The interest rates, principle amount, your daily expenses, profits all calculations needs to be done before you step out.
This. It's not just an issue of "borrowing" money. The first step is easy, but all the prior steps regarding it have a bunch of stuff that's there to make paying it back a LOT harder. That's why if you're going to borrow money, you already have to do your calculations just from that part. But there's also taking into account the various unexpected circumstances so really, taking a loan is a lot harder than it seems.

You’re right, Metaverse is a very good investment. It’s an investment that would be worth considering, because there are millions of dollars being invested every day, although I can’t say for sure whether it  would be bigger than BTC. When you talk about being bigger, do you mean the Metaverse platforms combined, or just a one platform itself? For example, there are different metaverse platforms and to mention a few of them, there are Decentraland, The Sandbox, and Axie Infinity. I don’t think any of these platforms itself would be able to become bigger than bitcoin in future, but in combination? Maybe.
The amount of investments coming through is indeed one thing to consider when finding good investments, but its long-term capability should be the one most noted upon. Honestly, I don't think it'd even boom past a few years, It's going to stay alright, but it won't be a leading type kind of thing.

R


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December 22, 2021, 04:37:18 AM
 #48

Borrowing money to invest in crypto for me is not the main option and maybe it is optional,
it's better to keep using your own capital but if you really want to borrow it needs careful consideration,
again everyone has to make their own decisions and must be sure
It's not even optional for me. I don't want to add some problem that I might regret it in the nearest future. No one will stop anyone from borrowing a loan to invest in crypto until they become broke and did the wrong decision.

Upon investing in the crypto market, metaverse tokens or not, just be the man of your own money and that decision that you'll make is going to be an important thing for your future.
But not all would really be having that kind of capability in terms of finances which means they would really be needing to take some loan whenever they do see some opportunities for them to get in

and they dont have any choice or options but to take some loan which i do say that it isnt really bad always as a decision as long you do know on how to repay those
loans then i dont see any problems.

But if you are borrowing money to invest in crypto, this is a very high risk to take. As we are facing the volatility, you have no guarantee if you can achieve your targets and pay your loan on time. Though some have no choice, but it is better if you have other sources of income in case, your chosen crypto investment gone wrong. Definitely, at the end of the day, it is your decision to take this route, but you should also take into account the consequences that you may face if things will not go according to your plans.
For beginners who dare to take loans for investment in Cryptocurrency, I see it the same as gambling. They are without good knowledge with Cryptocurrency and taking a double risk. If Bitcoin continues to decline, then I think the psychologists are not good, and have a negative effect on the end, which many panic sell

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December 22, 2021, 10:00:41 AM
 #49

For beginners who dare to take loans for investment in Cryptocurrency, I see it the same as gambling. They are without good knowledge with Cryptocurrency and taking a double risk. If Bitcoin continues to decline, then I think the psychologists are not good, and have a negative effect on the end, which many panic sell
Even if they have good knowledge about cryptocurrency, that is still a risk for them because crypto will always change and maybe they will have to profit every day or months. The risk will become bigger if they depend on the loan to make money and do not have another resource to help them make money. They will have difficulty repaying the loan and have an unknown time to make a profit from the crypto investments. That will be a double risk for them because they will be confused about surviving.

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December 22, 2021, 10:57:49 AM
 #50

For beginners who dare to take loans for investment in Cryptocurrency, I see it the same as gambling. They are without good knowledge with Cryptocurrency and taking a double risk. If Bitcoin continues to decline, then I think the psychologists are not good, and have a negative effect on the end, which many panic sell
Even if they have good knowledge about cryptocurrency, that is still a risk for them because crypto will always change and maybe they will have to profit every day or months. The risk will become bigger if they depend on the loan to make money and do not have another resource to help them make money. They will have difficulty repaying the loan and have an unknown time to make a profit from the crypto investments. That will be a double risk for them because they will be confused about surviving.

Investing is always risky! Take the lowest risk investments for example with 99% chances of success and you will see that some of them fail sometimes... nothing is "risk-free" in this world! I see everything as gambling, simply when we want to make more from what we have we are risking, depending on our goals and risk level we can calculate our chances of success, and that is gambling! Of course, it's not lucky dice throwing, with researching and experience we can lower the risks, but that's all we can do, there are no guarantees! I guess we should do everything for the right reason, it's how we can live a comfortable life without stress... when people make unreasonable actions they will most likely get into some kind of trouble, and when people make reasonable decisions chances of getting into some kind of trouble are very low!

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December 22, 2021, 12:03:07 PM
 #51


Sure u can use your own money without loan but under 100,000$-300,000$ minimum ammount no point.

Even $300,000 can change the lives of most people without investing in the metaverse. Why bother to invest and have to wait 5 years? Especially with borrowed money that is clearly high risk?

Borrowing money to invest in crypto is one of the dumbest ideas I have ever heard of. We all know how volatile and unpredictable the crypto market is. You could be in debt for the rest of your life. Also, 100,000$ is some people's dream goal in crypto. Calculate your risk before investing not after everything has gone wrong.

There is a trend running in crypto about metaverse doesn't mean that the next development of VR technology will be based on crypto. VR technology and metaverse are not totally new in the world. I think there is much more potential in web3.0 than metaverse for the long run.
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December 22, 2021, 04:01:59 PM
 #52

Borrowing money to invest in crypto for me is not the main option and maybe it is optional,
it's better to keep using your own capital but if you really want to borrow it needs careful consideration,
again everyone has to make their own decisions and must be sure
It's not even optional for me. I don't want to add some problem that I might regret it in the nearest future. No one will stop anyone from borrowing a loan to invest in crypto until they become broke and did the wrong decision.

Upon investing in the crypto market, metaverse tokens or not, just be the man of your own money and that decision that you'll make is going to be an important thing for your future.
But not all would really be having that kind of capability in terms of finances which means they would really be needing to take some loan whenever they do see some opportunities for them to get in

and they dont have any choice or options but to take some loan which i do say that it isnt really bad always as a decision as long you do know on how to repay those
loans then i dont see any problems.
IMHO.

As much as they can, just avoid taking a loan for investing in the crypto market. They can save a little by little and use that savings for them to invest in the market.

At least if they've seeing themselves in loss, they don't have to think of another problem about paying with interest.



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December 22, 2021, 06:16:34 PM
 #53

You’re right, Metaverse is a very good investment. It’s an investment that would be worth considering, because there are millions of dollars being invested every day, although I can’t say for sure whether it  would be bigger than BTC. When you talk about being bigger, do you mean the Metaverse platforms combined, or just a one platform itself? For example, there are different metaverse platforms and to mention a few of them, there are Decentraland, The Sandbox, and Axie Infinity. I don’t think any of these platforms itself would be able to become bigger than bitcoin in future, but in combination? Maybe.
Yeah, moreover anyone who has plans to buy an estate or property in the metaverse should make sure that they are aware of the risks that are involved. You’re not buying a physical property, what you’re buying is just digital, and if the platform you bought it on (e.g. Decentraland) should go offline, your property will also be gone.

And another thing is that the price of your property will fluctuate same way as the token it was purchased with. People should take their time and learn about it before investing.
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December 22, 2021, 07:33:29 PM
 #54

Borrowing money to invest in crypto for me is not the main option and maybe it is optional,
it's better to keep using your own capital but if you really want to borrow it needs careful consideration,
again everyone has to make their own decisions and must be sure
It's not even optional for me. I don't want to add some problem that I might regret it in the nearest future. No one will stop anyone from borrowing a loan to invest in crypto until they become broke and did the wrong decision.

Upon investing in the crypto market, metaverse tokens or not, just be the man of your own money and that decision that you'll make is going to be an important thing for your future.
But not all would really be having that kind of capability in terms of finances which means they would really be needing to take some loan whenever they do see some opportunities for them to get in

and they dont have any choice or options but to take some loan which i do say that it isnt really bad always as a decision as long you do know on how to repay those
loans then i dont see any problems.
IMHO.

As much as they can, just avoid taking a loan for investing in the crypto market. They can save a little by little and use that savings for them to invest in the market.

At least if they've seeing themselves in loss, they don't have to think of another problem about paying with interest.
You could definitely or possibly able to make those funds bigger but to know that we arent that patient or lets say that majority is really having that patience problem and does want to see profits in short term and been hoping that they could make their entire capital to be big and would proceed on what they do have in mind.Just like on what majority had been saying here that taking a loan would really make things
even more worst.

Nothing beats out if you do make out investment without minding about paying up something even if you do lost up money. Just try your best on getting rid of doing such action
because you wouldnt know if this one would be your biggest problem.

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December 23, 2021, 02:01:19 AM
 #55

IMHO.

As much as they can, just avoid taking a loan for investing in the crypto market. They can save a little by little and use that savings for them to invest in the market.

At least if they've seeing themselves in loss, they don't have to think of another problem about paying with interest.
You could definitely or possibly able to make those funds bigger but to know that we arent that patient or lets say that majority is really having that patience problem and does want to see profits in short term and been hoping that they could make their entire capital to be big and would proceed on what they do have in mind.Just like on what majority had been saying here that taking a loan would really make things
even more worst.

Nothing beats out if you do make out investment without minding about paying up something even if you do lost up money. Just try your best on getting rid of doing such action
because you wouldnt know if this one would be your biggest problem.
Well, that's the nature of every one of us. We want to see the profits as much as possible and we don't want to see how hard it is because we're too optimistic with our plans. But the problem is once you encounter the problem and you didn't anticipate that it's going to be worse than that you've expected, you've done it wrongly.

That is the reason why many of us are discouraging people from taking loans for their investments because it's not really ideal. They could be devastated afterward not just financially but as well as morally and emotionally.



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December 23, 2021, 02:12:09 AM
 #56

Many people lend money and they didn't spend into the right way like buying expensive things that do not give them an earning back or an investment. Borrowing money is only ideal for the investment so you assured there's a return of the payment after you make a loan let the investment pay for it so you don't need to use another payment. It is better to identify the needs and wants so we got down due to too much debt.

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December 23, 2021, 04:59:12 AM
 #57

Investing is always risky! Take the lowest risk investments for example with 99% chances of success and you will see that some of them fail sometimes... nothing is "risk-free" in this world! I see everything as gambling, simply when we want to make more from what we have we are risking, depending on our goals and risk level we can calculate our chances of success, and that is gambling! Of course, it's not lucky dice throwing, with researching and experience we can lower the risks, but that's all we can do, there are no guarantees! I guess we should do everything for the right reason, it's how we can live a comfortable life without stress... when people make unreasonable actions they will most likely get into some kind of trouble, and when people make reasonable decisions chances of getting into some kind of trouble are very low!
99% chances of success will be their offers to many people to invest with them. But if people do not research further, they will lose their investment because much of that type of investment is not real. Maybe that can be called a gamble because we only depend on a high percentage from the provider. The important here is that they can search for what they will do with the borrowed money, how they will pay the money, and how long they will end the loan term. If they do not have a plan for that, they will have difficulty repaying the loan and the banks or other people will take what they give as collateral.

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December 23, 2021, 05:14:42 AM
 #58

Many people lend money and they didn't spend into the right way like buying expensive things that do not give them an earning back or an investment. Borrowing money is only ideal for the investment so you assured there's a return of the payment after you make a loan let the investment pay for it so you don't need to use another payment. It is better to identify the needs and wants so we got down due to too much debt.

Well, this has a point, but most people loan because there is an emergency that requires money or because there are things that are truly necessary in life. I believe there are also people who loan simply because they want it and do not have money because they are in debt and do not realize it is still a debt. As many have stated in this thread, having a loan means that the money should be invested in something like a small business or others because they can get their money back, though it is still risky but worth a shot.
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December 23, 2021, 05:28:46 AM
 #59

Not every rich people made returns from their every investments, I read somewhere the best ever and most successful investor of all time who is Warren Buffett even have the success rate of 6 or 7 out of 10 means you can still lose no matter how good your investment plan is. Never borrow money to invest, just make money and start investing. Life is simple but don't complicate it with things which you can't actually control.

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December 23, 2021, 09:07:01 AM
 #60

Not every rich people made returns from their every investments, I read somewhere the best ever and most successful investor of all time who is Warren Buffett even have the success rate of 6 or 7 out of 10 means you can still lose no matter how good your investment plan is. Never borrow money to invest, just make money and start investing. Life is simple but don't complicate it with things which you can't actually control.
Borrowing money to invest I think it's like gambling and it's really not recommended,
need really mature consideration to make that decision and it's not easy for sure,
investing still has risks so if we borrow money for it I think it only makes the risk bigger

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December 23, 2021, 12:34:22 PM
 #61

Not every rich people made returns from their every investments, I read somewhere the best ever and most successful investor of all time who is Warren Buffett even have the success rate of 6 or 7 out of 10 means you can still lose no matter how good your investment plan is. Never borrow money to invest, just make money and start investing. Life is simple but don't complicate it with things which you can't actually control.
Another thing is to learn to diversify our investment. Diversification is very important but a lot of people never knows that. Like you said: Warren Buffet has the success rate of 6 or 7 out of 10, showing that he doesn’t just invest his money in one, but different assets. Imagine he invested only in one, and that one investment happens to be the one that is not successful, what will he do?

Another very important thing that we need to learn is how to know the right projects to invest in. You have to be able to tell the good ones that are more likely to succeed in the market, if not, it’s going to be a waste of time diversifying. I have seen people who invested in different assets and at the end of the day 90% of their portfolio was a loss.

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December 23, 2021, 01:16:48 PM
 #62

Not every rich people made returns from their every investments, I read somewhere the best ever and most successful investor of all time who is Warren Buffett even have the success rate of 6 or 7 out of 10 means you can still lose no matter how good your investment plan is. Never borrow money to invest, just make money and start investing. Life is simple but don't complicate it with things which you can't actually control.
Another thing is to learn to diversify our investment. Diversification is very important but a lot of people never knows that. Like you said: Warren Buffet has the success rate of 6 or 7 out of 10, showing that he doesn’t just invest his money in one, but different assets. Imagine he invested only in one, and that one investment happens to be the one that is not successful, what will he do?

Another very important thing that we need to learn is how to know the right projects to invest in. You have to be able to tell the good ones that are more likely to succeed in the market, if not, it’s going to be a waste of time diversifying. I have seen people who invested in different assets and at the end of the day 90% of their portfolio was a loss.

Investing may look simpler but it needs lot of work in our mind to have better success rate, ofcourse diversifying is one of the important factor we should follow to reduce the risk of losing our capital.

What I feel is many people invest on something without prior knowledge because someone said it will give good returns which is completely wrong and you will regret it, so invest on only thing which you have enough of knowledge no matter it is a company or business or cryptocurrency.

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December 23, 2021, 03:47:54 PM
 #63

Not every rich people made returns from their every investments, I read somewhere the best ever and most successful investor of all time who is Warren Buffett even have the success rate of 6 or 7 out of 10 means you can still lose no matter how good your investment plan is. Never borrow money to invest, just make money and start investing. Life is simple but don't complicate it with things which you can't actually control.
Another thing is to learn to diversify our investment. Diversification is very important but a lot of people never knows that. Like you said: Warren Buffet has the success rate of 6 or 7 out of 10, showing that he doesn’t just invest his money in one, but different assets. Imagine he invested only in one, and that one investment happens to be the one that is not successful, what will he do?

Another very important thing that we need to learn is how to know the right projects to invest in. You have to be able to tell the good ones that are more likely to succeed in the market, if not, it’s going to be a waste of time diversifying. I have seen people who invested in different assets and at the end of the day 90% of their portfolio was a loss.

Investing may look simpler but it needs lot of work in our mind to have better success rate, ofcourse diversifying is one of the important factor we should follow to reduce the risk of losing our capital.

What I feel is many people invest on something without prior knowledge because someone said it will give good returns which is completely wrong and you will regret it, so invest on only thing which you have enough of knowledge no matter it is a company or business or cryptocurrency.

The process of determining which 'instrument' to invest on requires tons of patience, knowledge, and research in order to minimize the risks of losing your money in the process.

Remember that as investors, you must determine whether you aim for short or long-term investments. If you choose the former, it necessarily follows that you have to keep track of the market on a daily basis to earn income. But if you chose the latter, you may somehow rest easy and HODL for long-term which inevitably garners profit on your end (this is primarily basing the price history index of BTC).

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December 23, 2021, 03:56:14 PM
 #64

Not every rich people made returns from their every investments, I read somewhere the best ever and most successful investor of all time who is Warren Buffett even have the success rate of 6 or 7 out of 10 means you can still lose no matter how good your investment plan is. Never borrow money to invest, just make money and start investing. Life is simple but don't complicate it with things which you can't actually control.
Borrowing money to invest I think it's like gambling and it's really not recommended,
need really mature consideration to make that decision and it's not easy for sure,
investing still has risks so if we borrow money for it I think it only makes the risk bigger
Borrowing with a high interest rate will certainly make us very quickly debilitated physically and mentally when the profit has not yet come, but the interest from the loan has jammed our mind and lost the mood to work every day, therefore, to avoid such mental terror, it is better to borrow at low or almost zero interest rates. And there is no need to be averse to borrowing money, investing is also one of the purposes of making the future promising, the purpose is not to borrow money to play, equating with gambling is too much subjective judgment.

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December 23, 2021, 04:36:07 PM
 #65


The process of determining which 'instrument' to invest on requires tons of patience, knowledge, and research in order to minimize the risks of losing your money in the process.

Remember that as investors, you must determine whether you aim for short or long-term investments. If you choose the former, it necessarily follows that you have to keep track of the market on a daily basis to earn income. But if you chose the latter, you may somehow rest easy and HODL for long-term which inevitably garners profit on your end (this is primarily basing the price history index of BTC).

People who dare to go into debt should have a visionary perspective, what is the impact if we owe debt, whether we make debt as leverage or just as a burden to meet basic needs that are even difficult to repay.  In fact, if it is used as leverage, the positive impact is very high because, as in agency theory, debt can overcome the conflict of interest if it is placed in the company but in individuals it can increase the productivity of investment working capital.
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December 23, 2021, 06:37:25 PM
 #66

Not every rich people made returns from their every investments, I read somewhere the best ever and most successful investor of all time who is Warren Buffett even have the success rate of 6 or 7 out of 10 means you can still lose no matter how good your investment plan is. Never borrow money to invest, just make money and start investing. Life is simple but don't complicate it with things which you can't actually control.
Borrowing money to invest I think it's like gambling and it's really not recommended,
need really mature consideration to make that decision and it's not easy for sure,
investing still has risks so if we borrow money for it I think it only makes the risk bigger
Borrowing with a high interest rate will certainly make us very quickly debilitated physically and mentally when the profit has not yet come, but the interest from the loan has jammed our mind and lost the mood to work every day, therefore, to avoid such mental terror, it is better to borrow at low or almost zero interest rates. And there is no need to be averse to borrowing money, investing is also one of the purposes of making the future promising, the purpose is not to borrow money to play, equating with gambling is too much subjective judgment.
Cant imagine on the stress that it would give out when you are trying to seek out for money to repay those interest and you are just depending on one source on which you do wait for your crypto investment to have profits?You would really be fucked up if you do have those kind of method because its never been suggested to take up some loan or borrow money just because you do love to invest
although its not a bad option to take as long you do know on how to repay those without really putting yourself into much trouble. Borrow on the amount which you could see that
you would able to pay without any problems.

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December 23, 2021, 06:50:04 PM
 #67

Another thing is to learn to diversify our investment. Diversification is very important but a lot of people never knows that. Like you said: Warren Buffet has the success rate of 6 or 7 out of 10, showing that he doesn’t just invest his money in one, but different assets. Imagine he invested only in one, and that one investment happens to be the one that is not successful, what will he do?

Another very important thing that we need to learn is how to know the right projects to invest in. You have to be able to tell the good ones that are more likely to succeed in the market, if not, it’s going to be a waste of time diversifying. I have seen people who invested in different assets and at the end of the day 90% of their portfolio was a loss.
The real difference maker is to hold an asset that pays AND gets more valuable. For example if I buy bitcoin directly, that can go up in value but it will not pay me, if I put my money in savings account at my bank, that will pay me but not go up in value. I could go with something like UNI or Cake or even ETH gets some proof of stake pools these days, and I could make money with it, but are we 100% sure about those? For example, buying a house and then renting it could be considered a "good" investment.

This is why many people love real estate investments, you get paid for something you own, but it also goes up in value as well. If we are certain that we want to take out a loan, we need to make sure that we have something that will go up in value, but also will pay at least as much as our loan payments each month. If you can pay the loan back with it, then the thing will come for free basically.
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December 23, 2021, 09:55:22 PM
 #68

Not every rich people made returns from their every investments, I read somewhere the best ever and most successful investor of all time who is Warren Buffett even have the success rate of 6 or 7 out of 10 means you can still lose no matter how good your investment plan is. Never borrow money to invest, just make money and start investing. Life is simple but don't complicate it with things which you can't actually control.
Borrowing money to invest I think it's like gambling and it's really not recommended,
need really mature consideration to make that decision and it's not easy for sure,
investing still has risks so if we borrow money for it I think it only makes the risk bigger
Borrowing with a high interest rate will certainly make us very quickly debilitated physically and mentally when the profit has not yet come, but the interest from the loan has jammed our mind and lost the mood to work every day, therefore, to avoid such mental terror, it is better to borrow at low or almost zero interest rates. And there is no need to be averse to borrowing money, investing is also one of the purposes of making the future promising, the purpose is not to borrow money to play, equating with gambling is too much subjective judgment.
Cant imagine on the stress that it would give out when you are trying to seek out for money to repay those interest and you are just depending on one source on which you do wait for your crypto investment to have profits?You would really be fucked up if you do have those kind of method because its never been suggested to take up some loan or borrow money just because you do love to invest
although its not a bad option to take as long you do know on how to repay those without really putting yourself into much trouble. Borrow on the amount which you could see that
you would able to pay without any problems.
This is the reason why borrowing money is never advisable because you are investing in crypto with no guarantees when to make profits. Or might give you losses in the long run when you don't expect it. So its never a good idea to borrow particularly if you have no other sources of income that can help you pay even its interest. Borrowing will only be good only if you have other businesses already that keeps generating an income.
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December 23, 2021, 10:38:06 PM
 #69

Not every rich people made returns from their every investments, I read somewhere the best ever and most successful investor of all time who is Warren Buffett even have the success rate of 6 or 7 out of 10 means you can still lose no matter how good your investment plan is. Never borrow money to invest, just make money and start investing. Life is simple but don't complicate it with things which you can't actually control.
Borrowing money to invest I think it's like gambling and it's really not recommended,
need really mature consideration to make that decision and it's not easy for sure,
investing still has risks so if we borrow money for it I think it only makes the risk bigger
Borrowing with a high interest rate will certainly make us very quickly debilitated physically and mentally when the profit has not yet come, but the interest from the loan has jammed our mind and lost the mood to work every day, therefore, to avoid such mental terror, it is better to borrow at low or almost zero interest rates. And there is no need to be averse to borrowing money, investing is also one of the purposes of making the future promising, the purpose is not to borrow money to play, equating with gambling is too much subjective judgment.
Cant imagine on the stress that it would give out when you are trying to seek out for money to repay those interest and you are just depending on one source on which you do wait for your crypto investment to have profits?You would really be fucked up if you do have those kind of method because its never been suggested to take up some loan or borrow money just because you do love to invest
although its not a bad option to take as long you do know on how to repay those without really putting yourself into much trouble. Borrow on the amount which you could see that
you would able to pay without any problems.
This is the reason why borrowing money is never advisable because you are investing in crypto with no guarantees when to make profits. Or might give you losses in the long run when you don't expect it. So its never a good idea to borrow particularly if you have no other sources of income that can help you pay even its interest. Borrowing will only be good only if you have other businesses already that keeps generating an income.

Always look for something which you could able to pay if due date comes and this is where most people do fail to do so because they arent thinking ahead on what they should gonna do but instead they do take up some loan even though the interest is high because they are expecting ahead that they could make profits out of their investment and talking about crypto that you cant really tell if the market would be good or bad
on next seconds or minutes which would possibly result neither on profits or total loss which would highly affect your situation whether you can repay or not.

R


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December 23, 2021, 11:10:30 PM
Last edit: December 23, 2021, 11:26:01 PM by ultrloa
 #70

Always look for something which you could able to pay if due date comes and this is where most people do fail to do so because they arent thinking ahead on what they should gonna do but instead they do take up some loan even though the interest is high because they are expecting ahead that they could make profits out of their investment and talking about crypto that you cant really tell if the market would be good or bad
on next seconds or minutes which would possibly result neither on profits or total loss which would highly affect your situation whether you can repay or not.
I think it's just a burden if you loan money then try to invest it to get the profit yet the loaner didn't actually realize that with the interest itself is already a problem and not to mention the higher volatility rate of the market if they planned to invest it on bitcoin. One should have a visionary perspective if they want to loan and had a most perfect plan that already has a backup plan if plan A failed.

However, Op is just a shiller to a project which most of us won't bother to invest but he's just basically shilling despite of the reviews I've read about of Metaverse.

R


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December 23, 2021, 11:20:26 PM
 #71

It's easy to make a paragraph and put everything you want to happen and believe that it will really happen with or without basis or strong support. If only there's such an easy thing exist in investing, I'm sure we will only see a few people struggling financially.

Now going back to reality, things aren't that easy, and wake up, people. I'm not against OP's view if it's the thing on his mind but I can't apply that to my own. I have my own way and that's what I will follow.
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December 23, 2021, 11:37:24 PM
 #72

It's easy to make a paragraph and put everything you want to happen and believe that it will really happen with or without basis or strong support. If only there's such an easy thing exist in investing, I'm sure we will only see a few people struggling financially.

Now going back to reality, things aren't that easy, and wake up, people. I'm not against OP's view if it's the thing on his mind but I can't apply that to my own. I have my own way and that's what I will follow.
I second to this!

If that's how easy it is if we invest we shouldn't have a problem financially yet the reality just hit us hard when you stepped into adulthood. Newbies might follow the OPs method but I hope they know what they have been doing since most of them would just blindly follow the trail of how to get an easy money with less effort. And I don't think loaning is a good way to invest especially in this very volatile market. Reality would just slap them after they realize that they lost something because of loaning then proceed to invest into something with very little knowledge.

One should be knowledgeable enough about the market if they're planning to invest on it and ready to accept the consequences if they failed to pay the loan. One should be ready and is confident they could pay the loan in no time plus confident enough to get their money back after investment.

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December 24, 2021, 01:33:38 AM
 #73

Nope. No matter what, you shouldn't borrow money from anyone to invest in crypto currencies. Even if you are confident that you will be making profit, you still shouldn't do that. The risks still exists. What if it doesn't goes like you planned? You will lose all the money and things will become even harder for you than it was before. You will have to worry about how you would be able to pay back the money you owe. Don't forget, the first rule of investing in crypto currency is to invest only what you can afford to lose. You can't afford to lose money that you have borrowed.

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December 24, 2021, 01:53:09 AM
 #74

-snip

I am very clear about my investment strategy, which has increased my net worth considerably over the years. My income has also grown considerably and I am clearly above average in both wealth and income where I live for my age.

Why should I pay attention to your multiple walls of text? You've even been red tagged for them.

The guy is just unable to set a simple message, I think is probably using multiple accounts as well. On regards to the content itself mixing metaverse and investment, I just struggle to make any sense of it.

Anyone can invest, it is not limited with people with lot of money and I would say that it may be even better if you do not start with much. It will not change your life in the short term, but you will be able to build progressively, just as you say. Compounding works well if you are patient and have a long term view on the results you expect. But you have to do a little everyday and try to avoid stuff that is simply too risky.

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December 24, 2021, 12:26:00 PM
 #75

Not every rich people made returns from their every investments, I read somewhere the best ever and most successful investor of all time who is Warren Buffett even have the success rate of 6 or 7 out of 10 means you can still lose no matter how good your investment plan is. Never borrow money to invest, just make money and start investing. Life is simple but don't complicate it with things which you can't actually control.
Borrowing money to invest I think it's like gambling and it's really not recommended,
need really mature consideration to make that decision and it's not easy for sure,
investing still has risks so if we borrow money for it I think it only makes the risk bigger
Borrowing with a high interest rate will certainly make us very quickly debilitated physically and mentally when the profit has not yet come, but the interest from the loan has jammed our mind and lost the mood to work every day, therefore, to avoid such mental terror, it is better to borrow at low or almost zero interest rates. And there is no need to be averse to borrowing money, investing is also one of the purposes of making the future promising, the purpose is not to borrow money to play, equating with gambling is too much subjective judgment.
It is always risky to borrow money as you said it has fallen us into the metal pressure and we loose the working ability .However some of us always like to take risk but i always think about them if they loose on his prediction he might loose his/her everything .I always support to invest on crypto cause it has real future for sure ,on the other hand always also tell to ignore borrowing money .You may invest what you have ,it will not make you to feel risky if you loose you can recover by taking loan or borrowing money but if you do it initially you may loose everything .I think gambling is also a stressful way to earn ,its true you can get huge return from here but you can also loose what you have .So better to take minimum risk and make your fund to invest like this .

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December 24, 2021, 09:46:59 PM
 #76

It is always risky to borrow money as you said it has fallen us into the metal pressure and we loose the working ability .However some of us always like to take risk but i always think about them if they loose on his prediction he might loose his/her everything .I always support to invest on crypto cause it has real future for sure ,on the other hand always also tell to ignore borrowing money .You may invest what you have ,it will not make you to feel risky if you loose you can recover by taking loan or borrowing money but if you do it initially you may loose everything .I think gambling is also a stressful way to earn ,its true you can get huge return from here but you can also loose what you have .So better to take minimum risk and make your fund to invest like this .
I have a lot of debt, I mean not the debt that I took as a loan from a bank to buy crypto, it was just health reasons and now I have a lot of debt. It shouldn't really impact you in a way that you give up hope from the world, you should be even more hard working when you get a debt. I try to do as much as I can, unfortunately I haven't been working hard lately because of the said health reasons but then I am going (hopefully) start doing better in 2022 and when I have debt before it made me want to work even harder, make as much money as possible.

These days I can't even finish my work, but when I had debt I remember I worked at max and finished it early and tried to find other jobs to earn a little bit more. That's how you pay your debt back without a worry. If you sit down and only worry about how you could make that money back, you are not going to make it back.

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December 25, 2021, 09:10:26 PM
 #77

In 5 years this investment will return very good ROI.
Life is simple lets not make it so difficult
good if the investment can last that long . The problem with metaverse project is that some projects have crashed and been abandoned after a few months. The point is you still have to be willing to take risks if you really want to invest in the Metaverse. many also offer ROI in just a few days or weeks. and if anyone were to use his life's money for this it must be a serious decision.
I thought you were in jail! Lol jk, good username though. The truth is that "metaverse" is not one thing and people keep forgetting that. Sure sandbox is doing fine, and I am sure decentraland will do fine as well but these are projects and not the whole metaverse. There are too many people who imagine that they could "invest into metaverse" and there is no such thing.

It is like saying "I invest into crypto", well that's good but which coin? You could keep holding btc, eth, bnb, ltc, sol and so forth whereas you could also be holding 1324th biggest coin and lose money as well. It is like saying "I bought NFT", well that's great but what was it, cryptopunks? Or just some knock off that worths 50 bucks at the very best? So, it is really not meaning anything to say you invest into metaverse, it is important to state which project you invest into in order to make a profit.
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December 25, 2021, 09:47:10 PM
 #78

It is always risky to borrow money as you said it has fallen us into the metal pressure and we loose the working ability .However some of us always like to take risk but i always think about them if they loose on his prediction he might loose his/her everything .I always support to invest on crypto cause it has real future for sure ,on the other hand always also tell to ignore borrowing money .You may invest what you have ,it will not make you to feel risky if you loose you can recover by taking loan or borrowing money but if you do it initially you may loose everything .I think gambling is also a stressful way to earn ,its true you can get huge return from here but you can also loose what you have .So better to take minimum risk and make your fund to invest like this .
I have a lot of debt, I mean not the debt that I took as a loan from a bank to buy crypto, it was just health reasons and now I have a lot of debt. It shouldn't really impact you in a way that you give up hope from the world, you should be even more hard working when you get a debt. I try to do as much as I can, unfortunately I haven't been working hard lately because of the said health reasons but then I am going (hopefully) start doing better in 2022 and when I have debt before it made me want to work even harder, make as much money as possible.

These days I can't even finish my work, but when I had debt I remember I worked at max and finished it early and tried to find other jobs to earn a little bit more. That's how you pay your debt back without a worry. If you sit down and only worry about how you could make that money back, you are not going to make it back.
even myself does have lots of debt on which it did really come to a point on where I got stressed and thinking about suicide because I don't know on how i would repay those debts and just like yours this isn't something correlates with investment loans and mostly this is because of some hospitalization which if you don't have savings then you wouldn't be having any options but to take up some
loan to pay the bills.

This is actually hard when you are in between debt and stress but speaking with investment matters then its up to someones choice whether they do take such step

but of course they should really be responsible on repaying those loans for them to avoid bigger problems in the future.

R


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December 26, 2021, 06:31:14 PM
 #79

Metaverse is place u invest go to ur bank ask as much you can or sell your assets and start investing in metaverse.
Metaverse will be in 5-10years where btc and crypto was 5-10 years ago.
Sure u can use your own money without loan but under 100,000$-300,000$ minimum ammount no point.
You want to invest to change ur life for under 500,000$ profit no point even to act.

Always act for bigger motivation dont waste ur time for small things so much.
Metaverse will be huge the real estate in metaverse will prices will go higher with money u invest today sure you will 10x atleast.
Metaverse will do even bigger then btc and even u did imvest 5 years ago in btc u would have nice profit today.

You can even tell YOU r bank u will invest in metaverse they know it will go up so its a great investment and they know it has good return how do they know ??
Well all the bankers allready investing in metaverse and your bank will be happy to see you get financially good and use their money best ways.

Now some of you telling me ....ou its a risky still ?

I tell u look at people with money ? Are they dumb ?
They are investing heavy money in metaverse.
Also 5 years ago same people imvested heavy money in btc and crypto.

They are never gona do the wrong investment they what has a value always in future they social circle is all good information and if u connect the dots u know what they do it with money so you follow to them always.

And yes best time to loan as much u can from the bank to invest in. Metaverse the metaverse assets will be so good that u can use that even for collateral for loan.

If banker telling its not good reason to invest or take loan then you can tell they know zero about finances and investment and they should not have banking license never ever sure the regular banker u cant argue with them they just follow the rules and do the data entry job but investment banker should give you money for sure.

And after you can take a banker to ride to ur lambo.
Sure the banker will be happy if their clients will be wealthy they still keep their money in same bank.

In 5 years this investment will return very good ROI.
Life is simple let's not made it so difficult

There's nothing wrong with loaning or borrowing but, to be honest, it's better if we'll not borrow funds to expand our assets. Crypto investment is profitable even metaverse but borrowing to invest more has huge risk and might only lead you to regrets in the end. It's better to save before investing so you'll have all the control over your investment without any pressure.
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December 26, 2021, 06:56:41 PM
 #80

It is always risky to borrow money as you said it has fallen us into the metal pressure and we loose the working ability .However some of us always like to take risk but i always think about them if they loose on his prediction he might loose his/her everything .I always support to invest on crypto cause it has real future for sure ,on the other hand always also tell to ignore borrowing money .You may invest what you have ,it will not make you to feel risky if you loose you can recover by taking loan or borrowing money but if you do it initially you may loose everything .I think gambling is also a stressful way to earn ,its true you can get huge return from here but you can also loose what you have .So better to take minimum risk and make your fund to invest like this .
I have a lot of debt, I mean not the debt that I took as a loan from a bank to buy crypto, it was just health reasons and now I have a lot of debt. It shouldn't really impact you in a way that you give up hope from the world, you should be even more hard working when you get a debt. I try to do as much as I can, unfortunately I haven't been working hard lately because of the said health reasons but then I am going (hopefully) start doing better in 2022 and when I have debt before it made me want to work even harder, make as much money as possible.

These days I can't even finish my work, but when I had debt I remember I worked at max and finished it early and tried to find other jobs to earn a little bit more. That's how you pay your debt back without a worry. If you sit down and only worry about how you could make that money back, you are not going to make it back.
even myself does have lots of debt on which it did really come to a point on where I got stressed and thinking about suicide because I don't know on how i would repay those debts and just like yours this isn't something correlates with investment loans and mostly this is because of some hospitalization which if you don't have savings then you wouldn't be having any options but to take up some
loan to pay the bills.

This is actually hard when you are in between debt and stress but speaking with investment matters then its up to someones choice whether they do take such step

but of course they should really be responsible on repaying those loans for them to avoid bigger problems in the future.

You should really be responsible if you dont like to mess your life just like what you said.Paying debts should really be your responsibility and dont really make let it big
on where it do comes into a point on which you couldnt able to repay already because it is already big and your income wont be enough on paying it.
Invest if you do have extra money is the best but if you are seeing some opportunity and you are short of cash then its an option but not really a
recommendable thing if you do ask me.
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December 26, 2021, 10:00:15 PM
 #81

cut

There's nothing wrong with loaning or borrowing but, to be honest, it's better if we'll not borrow funds to expand our assets. Crypto investment is profitable even metaverse but borrowing to invest more has huge risk and might only lead you to regrets in the end. It's better to save before investing so you'll have all the control over your investment without any pressure.
Making savings before investing is good but borrowing money for investment doesn't hurt either. You can learn how to manage debt so that not only can you return capital, but you also profit. borrowing money for investment is good but borrowing money to buy luxury is bad.

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December 26, 2021, 11:23:11 PM
 #82

Now some of you telling me ....ou its a risky still ?

I tell u look at people with money ? Are they dumb ?
They are investing heavy money in metaverse.
Also 5 years ago same people imvested heavy money in btc and crypto.
It is not as easy and simple as you said.
You're right that those people are investing in metaverse, they are not dumb by putting much money in Metaverse. They are investing for long term period.
But, why they are very sure about it and not afraid of the risks that they will probably faced in the future?
1. Whatever condition, investment will  always include risks. But they are rich people, they have been in investment world for long time ago, they know the ROI< the risks, and also the money management
2. They have been ready of someday their money are lost in that investment because  those are under control of money to  invest
3. Most of them are not borrowing or loaning money to invest, they use free money that are completely for investment
It will be different from us if we are investing something in long-term period but we are loaning.
Whatever the condition, I  will not prefer to loan or borrow money for investment.

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December 26, 2021, 11:32:15 PM
 #83

cut

There's nothing wrong with loaning or borrowing but, to be honest, it's better if we'll not borrow funds to expand our assets. Crypto investment is profitable even metaverse but borrowing to invest more has huge risk and might only lead you to regrets in the end. It's better to save before investing so you'll have all the control over your investment without any pressure.
Making savings before investing is good but borrowing money for investment doesn't hurt either. You can learn how to manage debt so that not only can you return capital, but you also profit. borrowing money for investment is good but borrowing money to buy luxury is bad.
But you should also consider before borrowing money for investment because investing in crypto is quite risky,
with good management of course it will produce good things too,
maybe can invest in top coins and it's good for long term investment

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December 26, 2021, 11:42:17 PM
 #84

There's nothing wrong with loaning or borrowing but, to be honest, it's better if we'll not borrow funds to expand our assets. Crypto investment is profitable even metaverse but borrowing to invest more has huge risk and might only lead you to regrets in the end. It's better to save before investing so you'll have all the control over your investment without any pressure.
It's becoming wrong if the responsibility that you've taken after taking that loan is making yourself a downfall. It's always better to get be debt-free because that's what really matters if you want to get up from your financial situation.
The whole market is truly profitable but if you're going to combine it with a debt that will increase interest if you're not responsible to pay it off, you'll suffer and bring that problem in the future.



 

 

 

 

 

 


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December 26, 2021, 11:56:04 PM
 #85

There's nothing wrong with loaning or borrowing but, to be honest, it's better if we'll not borrow funds to expand our assets. Crypto investment is profitable even metaverse but borrowing to invest more has huge risk and might only lead you to regrets in the end. It's better to save before investing so you'll have all the control over your investment without any pressure.
It's becoming wrong if the responsibility that you've taken after taking that loan is making yourself a downfall. It's always better to get be debt-free because that's what really matters if you want to get up from your financial situation.
The whole market is truly profitable but if you're going to combine it with a debt that will increase interest if you're not responsible to pay it off, you'll suffer and bring that problem in the future.
Yes, crypto is profitable but since there is no fixed time when we will see profits, then it will make it even more risky if we are pressured to pay for its monthly due. Crypto is a good investment but knowing how volatile it is, sometimes our expected profits are even turned into losses when we least expect it. So better invest with our own money and with the amount we can afford to lose.

Although borrowing is more common even to old investors, but make sure if you attempt to borrow for capital, then you should have other sources to generate an income when crypto investment is not making profits.

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December 27, 2021, 10:09:43 AM
 #86

Borrowing money to invest is very risky. Because there are 2 that erode our mental there. The first is in returning the borrowed money, the second in terms of the investment itself. There is no profitable investment in a short time, while in borrowing of course there is an agreement when we will return it.
So, if you want to invest, it's better to use your own money. If you don't have enough money right now, there are options for saving, although that takes time. Better to be late, than to curse borrowed money.

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December 27, 2021, 05:44:16 PM
 #87

Of a truth, there is nothing so interesting about borrowing money to me. No matter the purpose, I just don't fancy it. Yeah, it's inevitable for some individuals looking at the fact that, some really don't have and they need capital to start up some form of investment but borrowed money comes with a different kind of vibe.

The fact that you borrowed alone comes with a different kind of pressure. A pressure that says, you cannot loose or you should never loose. Unfortunately, loosing is a part of business or an investment, you just have to make sure, you profit more than  you loose. Borrowed money doesn't leave much of an option on loosing and that is one way to loose even more.
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December 27, 2021, 07:43:40 PM
 #88


There's nothing wrong with loaning or borrowing but, to be honest, it's better if we'll not borrow funds to expand our assets. Crypto investment is profitable even metaverse but borrowing to invest more has huge risk and might only lead you to regrets in the end. It's better to save before investing so you'll have all the control over your investment without any pressure.
I agree with what you said, it's true that we are free to do anything including borrowing and borrowing.
But if we borrow with the aim of developing assets, even though we are already pros, I think this is still full of risks.
not without reason, because indeed here there is no guarantee that forever we will experience profits because of course there will be times when we will experience losses.
besides that it is better with own assets even with fewer assets but no debt compared to making excessive risk by borrowing funds from other people in the hope of getting a profit. this is not very good.

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December 27, 2021, 07:57:47 PM
 #89


There's nothing wrong with loaning or borrowing but, to be honest, it's better if we'll not borrow funds to expand our assets. Crypto investment is profitable even metaverse but borrowing to invest more has huge risk and might only lead you to regrets in the end. It's better to save before investing so you'll have all the control over your investment without any pressure.
I agree with what you said, it's true that we are free to do anything including borrowing and borrowing.
But if we borrow with the aim of developing assets, even though we are already pros, I think this is still full of risks.
not without reason, because indeed here there is no guarantee that forever we will experience profits because of course there will be times when we will experience losses.
besides that it is better with own assets even with fewer assets but no debt compared to making excessive risk by borrowing funds from other people in the hope of getting a profit. this is not very good.
I think in all types of investments, knowing that they have their own risks, borrowing money is never a good start. Of course, it can expand or widen your assets but if you are entering in a market with no guaranteed profits, then it will only cause pressures and troubles later on thinking where to get the money that you will use to pay. Although crypto gives us huge profits, definitely bigger from other types of investments, but there is no fixed time or date as when to get the profits so paying the debt will mostly be compromised.

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December 27, 2021, 08:25:14 PM
 #90

I think in all types of investments, knowing that they have their own risks, borrowing money is never a good start. Of course, it can expand or widen your assets but if you are entering in a market with no guaranteed profits, then it will only cause pressures and troubles later on thinking where to get the money that you will use to pay. Although crypto gives us huge profits, definitely bigger from other types of investments, but there is no fixed time or date as when to get the profits so paying the debt will mostly be compromised.
So far I don't think I should make a loan to invest, but I'm sure some people have done it a long time ago. I am not quite comfortable with investing from borrowed money even though I really believe that my investment will be profitable. You're right about the risk, it never guarantees a decent return so anyone should consider that when investing with borrowed money. Maybe not exactly a long term investment, but I prefer to call it moment trading where traders (borrowers) can repay their loans faster.

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December 27, 2021, 09:06:37 PM
 #91

I think in all types of investments, knowing that they have their own risks, borrowing money is never a good start. Of course, it can expand or widen your assets but if you are entering in a market with no guaranteed profits, then it will only cause pressures and troubles later on thinking where to get the money that you will use to pay. Although crypto gives us huge profits, definitely bigger from other types of investments, but there is no fixed time or date as when to get the profits so paying the debt will mostly be compromised.
So far I don't think I should make a loan to invest, but I'm sure some people have done it a long time ago. I am not quite comfortable with investing from borrowed money even though I really believe that my investment will be profitable. You're right about the risk, it never guarantees a decent return so anyone should consider that when investing with borrowed money. Maybe not exactly a long term investment, but I prefer to call it moment trading where traders (borrowers) can repay their loans faster.

No one is comfortable in a position where you are indebted because you want to invest. Some, might've took the risks and were able to pay all the loan because they can actually pay for it coming for their own pocket, it's just that they does not want to miss out the dip and grab the opportunity to buy with a huge capital. However, that's not really advisable. Especially when you're struggling to pay your bills.
Investment like crypto doesn't promise or guarantee you a scheduled return. You might end up selling them in the lower price when you buy them just to pay  your loan.

R


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December 27, 2021, 09:38:14 PM
 #92

There's nothing wrong with loaning or borrowing but, to be honest, it's better if we'll not borrow funds to expand our assets. Crypto investment is profitable even metaverse but borrowing to invest more has huge risk and might only lead you to regrets in the end. It's better to save before investing so you'll have all the control over your investment without any pressure.
It's becoming wrong if the responsibility that you've taken after taking that loan is making yourself a downfall. It's always better to get be debt-free because that's what really matters if you want to get up from your financial situation.
The whole market is truly profitable but if you're going to combine it with a debt that will increase interest if you're not responsible to pay it off, you'll suffer and bring that problem in the future.
Yes, crypto is profitable but since there is no fixed time when we will see profits, then it will make it even more risky if we are pressured to pay for its monthly due. Crypto is a good investment but knowing how volatile it is, sometimes our expected profits are even turned into losses when we least expect it. So better invest with our own money and with the amount we can afford to lose.

Although borrowing is more common even to old investors, but make sure if you attempt to borrow for capital, then you should have other sources to generate an income when crypto investment is not making profits.
That's what needed the borrower to have. If the borrower has the guts to borrow money for investing in the crypto market, he has to make sure that he can pay it.
But if he's going to depend to his profits because he have seen people making money from their crypto investments. That's a wrong move and decision that will create him a big debt.



 

 

 

 

 

 


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December 28, 2021, 10:14:32 PM
 #93

I personally do not like like borrowing money from anyone at all it.I like to manage what I have no matter how little it is.Crytocurrency market is to volatile think it will be a very risky to borrow market and invest in it.What if the investment turns out to be a loss how can one pay back .Don't think it is a great idea at all.

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December 28, 2021, 10:36:39 PM
 #94

I personally do not like like borrowing money from anyone at all it.I like to manage what I have no matter how little it is.Crytocurrency market is to volatile think it will be a very risky to borrow market and invest in it.What if the investment turns out to be a loss how can one pay back .Don't think it is a great idea at all.

Your decision is very good not to borrow money from anyone to be able to invest in crypto. Because the crypto market is volatile, it makes it difficult
for us to predict where the market will move. So it's risky if we use borrowed money as capital, as you said it's better to use our own money,
although the amount is small. Indeed, with a small capital, the profit that can be generated cannot be immediately large. But there's no need to
worry, even small profits can become big if we accumulate them. So don't borrow money if it's not for urgent need, because borrowing money
can make us experience financial problems. Think carefully before we decide to borrow money, if indeed there is another solution that can solve
our problems without borrow money, it's better we don't need to borrow money.

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December 28, 2021, 10:41:32 PM
 #95

I think in all types of investments, knowing that they have their own risks, borrowing money is never a good start. Of course, it can expand or widen your assets but if you are entering in a market with no guaranteed profits, then it will only cause pressures and troubles later on thinking where to get the money that you will use to pay. Although crypto gives us huge profits, definitely bigger from other types of investments, but there is no fixed time or date as when to get the profits so paying the debt will mostly be compromised.
So far I don't think I should make a loan to invest, but I'm sure some people have done it a long time ago. I am not quite comfortable with investing from borrowed money even though I really believe that my investment will be profitable. You're right about the risk, it never guarantees a decent return so anyone should consider that when investing with borrowed money. Maybe not exactly a long term investment, but I prefer to call it moment trading where traders (borrowers) can repay their loans faster.

No one is comfortable in a position where you are indebted because you want to invest. Some, might've took the risks and were able to pay all the loan because they can actually pay for it coming for their own pocket, it's just that they does not want to miss out the dip and grab the opportunity to buy with a huge capital. However, that's not really advisable. Especially when you're struggling to pay your bills.
Investment like crypto doesn't promise or guarantee you a scheduled return. You might end up selling them in the lower price when you buy them just to pay  your loan.
Not really advisable but cant really be avoided on some circumstances on which you would really be needing to act fast or else you would be losing such opportunity this is why several people do end up on having this kind of
decision on which taking up some loan for the sake of investment which you most of the time on where people do rely with those profits that they do gain on repaying those loans thats why
its better to make out some move basing on what you do have and wont tending to borrow or take some loan for that kind of reason but well this is a personal
choice to make if you could take such risk then go ahead.

R


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December 29, 2021, 07:16:13 PM
 #96


There's nothing wrong with loaning or borrowing but, to be honest, it's better if we'll not borrow funds to expand our assets. Crypto investment is profitable even metaverse but borrowing to invest more has huge risk and might only lead you to regrets in the end. It's better to save before investing so you'll have all the control over your investment without any pressure.
I agree with what you said, it's true that we are free to do anything including borrowing and borrowing.
But if we borrow with the aim of developing assets, even though we are already pros, I think this is still full of risks.
not without reason, because indeed here there is no guarantee that forever we will experience profits because of course there will be times when we will experience losses.
besides that it is better with own assets even with fewer assets but no debt compared to making excessive risk by borrowing funds from other people in the hope of getting a profit. this is not very good.
I think in all types of investments, knowing that they have their own risks, borrowing money is never a good start. Of course, it can expand or widen your assets but if you are entering in a market with no guaranteed profits, then it will only cause pressures and troubles later on thinking where to get the money that you will use to pay. Although crypto gives us huge profits, definitely bigger from other types of investments, but there is no fixed time or date as when to get the profits so paying the debt will mostly be compromised.
with benefits that you don't know for sure will get or not, actually investing using a loan will only make you think extra and your mind will be divided between investing and thinking about how to pay off the money you borrowed.
Of course this will only add to your thinking instead of getting comfortable in investing, things like this will only make you someone who is confused about solving problems.
because when this happens if you don't get a return on investment you will only be able to think about borrowing money back to pay off existing debts. and it will continue until things get worse

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December 29, 2021, 09:31:33 PM
 #97


There's nothing wrong with loaning or borrowing but, to be honest, it's better if we'll not borrow funds to expand our assets. Crypto investment is profitable even metaverse but borrowing to invest more has huge risk and might only lead you to regrets in the end. It's better to save before investing so you'll have all the control over your investment without any pressure.
I agree with what you said, it's true that we are free to do anything including borrowing and borrowing.
But if we borrow with the aim of developing assets, even though we are already pros, I think this is still full of risks.
not without reason, because indeed here there is no guarantee that forever we will experience profits because of course there will be times when we will experience losses.
besides that it is better with own assets even with fewer assets but no debt compared to making excessive risk by borrowing funds from other people in the hope of getting a profit. this is not very good.
I think in all types of investments, knowing that they have their own risks, borrowing money is never a good start. Of course, it can expand or widen your assets but if you are entering in a market with no guaranteed profits, then it will only cause pressures and troubles later on thinking where to get the money that you will use to pay. Although crypto gives us huge profits, definitely bigger from other types of investments, but there is no fixed time or date as when to get the profits so paying the debt will mostly be compromised.
with benefits that you don't know for sure will get or not, actually investing using a loan will only make you think extra and your mind will be divided between investing and thinking about how to pay off the money you borrowed.
Of course this will only add to your thinking instead of getting comfortable in investing, things like this will only make you someone who is confused about solving problems.
because when this happens if you don't get a return on investment you will only be able to think about borrowing money back to pay off existing debts. and it will continue until things get worse
This is really possible if you invest in crypto without an assurance when to make profits. In the first  eplace, borrowing money is not really a good thing to do especially that there is always a high risk in cryto investment. When you need to pay your loan and yet, you're not making profits yet, there are always high chances that you will create another loan to cover your first loan, so that will create more stress and pressures on your part and yaou wiill live with it until you become debt free. So now that you see what will happen ahead, then never start engaging in it.

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December 29, 2021, 11:40:34 PM
 #98

If this is still related to money loan, I will prefer to to take a loan for any activities, moreover for investment.
I  know that many big companies and rich people invest their money in Metaverse. But I know also that they have that money, not from loans. So when their investment is lost, they will think only about the loss and get into other investment. Although their money are lost, those are their money, not a loan.
I am sure that investment needs wisdom, it is  not only about getting profits after 5years later with very good ROI. But it is also about our responsibility when loan money, we must pay the banks every month and others. And if we cannot fulfil this, we are on big trouble.
And I am still with my personal opinion, never take a loan for investment.
I have my own plans and I ma sure that other people also  have the plans. We can invest in Metaverse and also other cryptocurrencies in which having good potential and possibilities, but not from a loan. So better to  be wise, in diversifying, managing money, and also doing the investment in some ways or places.

R


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December 30, 2021, 01:07:45 AM
 #99

And I am still with my personal opinion, never take a loan for investment.
I have the same opinion. Regardless how profitable and good the investment is, I dont advice anyone to take a loan just to invest because we never know what lies ahead and there's no guarantee that you'll get an income from that investment. If you're rich then I think it would be fine since most of these people are already aware and prepared for the risk and has a back up plan incase their investment turned out to be bad. But for an average investor who are really eager to earn, taking a loan is a risky thing to do.

Many projects nowadays are seem profitable in the long run but still, we have to think deeply if its really worth it or might be another scam that will take away your money.

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December 30, 2021, 04:01:50 PM
 #100

I have the same opinion. Regardless how profitable and good the investment is, I dont advice anyone to take a loan just to invest because we never know what lies ahead and there's no guarantee that you'll get an income from that investment. If you're rich then I think it would be fine since most of these people are already aware and prepared for the risk and has a back up plan incase their investment turned out to be bad. But for an average investor who are really eager to earn, taking a loan is a risky thing to do.

Many projects nowadays are seem profitable in the long run but still, we have to think deeply if its really worth it or might be another scam that will take away your money.

Borrowing or apply loan in a bank to invest in a business or real state is somehow a good decision because this kind of investment will not take almost all your borrowed money once lost but investing it in cryptocurrency is a totally different kind of investment. Easy profit but easy to lose also, good thing if you know how to analyze the market, know how to search and find good project that will going to be good investment but somehow this kind of opportunity is rare in crypto, deep knowledge about technical analysis is required. So yeah, I would also not hoing to suggest taking a loan and invest it in crypto.
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December 30, 2021, 09:11:42 PM
 #101

with benefits that you don't know for sure will get or not, actually investing using a loan will only make you think extra and your mind will be divided between investing and thinking about how to pay off the money you borrowed.
Of course this will only add to your thinking instead of getting comfortable in investing, things like this will only make you someone who is confused about solving problems.
because when this happens if you don't get a return on investment you will only be able to think about borrowing money back to pay off existing debts. and it will continue until things get worse
This is really possible if you invest in crypto without an assurance when to make profits. In the first  eplace, borrowing money is not really a good thing to do especially that there is always a high risk in cryto investment. When you need to pay your loan and yet, you're not making profits yet, there are always high chances that you will create another loan to cover your first loan, so that will create more stress and pressures on your part and yaou wiill live with it until you become debt free. So now that you see what will happen ahead, then never start engaging in it.
this is the important point and things like this should be realized by people who want to borrow for investment.
But the problem is that sometimes people never look in this direction and are more concerned with their ego and greed.
I don't know if that's optimistic or not in the crypto world because they believe so much in investing by borrowing money and are optimistic that they will make a profit in the near future. but I think it's a pretty risky action and it seems like a stupid thing to do

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December 30, 2021, 09:27:58 PM
 #102

I have the same opinion. Regardless how profitable and good the investment is, I dont advice anyone to take a loan just to invest because we never know what lies ahead and there's no guarantee that you'll get an income from that investment. If you're rich then I think it would be fine since most of these people are already aware and prepared for the risk and has a back up plan incase their investment turned out to be bad. But for an average investor who are really eager to earn, taking a loan is a risky thing to do.

Many projects nowadays are seem profitable in the long run but still, we have to think deeply if its really worth it or might be another scam that will take away your money.

Borrowing or apply loan in a bank to invest in a business or real state is somehow a good decision because this kind of investment will not take almost all your borrowed money once lost but investing it in cryptocurrency is a totally different kind of investment. Easy profit but easy to lose also, good thing if you know how to analyze the market, know how to search and find good project that will going to be good investment but somehow this kind of opportunity is rare in crypto, deep knowledge about technical analysis is required. So yeah, I would also not hoing to suggest taking a loan and invest it in crypto.
Not always a good option but if you dont have any choice then this should really be in last resort but if not then you should make investment out of your own money if possible because nothing beats out

when you are confident that you arent paying some loan or interest later on or you wont really get pressured if you do mind about on paying something and could simply wait up for your investment
results.

Dont borrow if its not needed or necessary but its your choice whether you do really take such step out of desperation but its not really that recommendable.

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January 01, 2022, 02:26:08 PM
 #103

I have the same opinion. Regardless how profitable and good the investment is, I dont advice anyone to take a loan just to invest because we never know what lies ahead and there's no guarantee that you'll get an income from that investment. If you're rich then I think it would be fine since most of these people are already aware and prepared for the risk and has a back up plan incase their investment turned out to be bad. But for an average investor who are really eager to earn, taking a loan is a risky thing to do.

Many projects nowadays are seem profitable in the long run but still, we have to think deeply if its really worth it or might be another scam that will take away your money.

Borrowing or apply loan in a bank to invest in a business or real state is somehow a good decision because this kind of investment will not take almost all your borrowed money once lost but investing it in cryptocurrency is a totally different kind of investment. Easy profit but easy to lose also, good thing if you know how to analyze the market, know how to search and find good project that will going to be good investment but somehow this kind of opportunity is rare in crypto, deep knowledge about technical analysis is required. So yeah, I would also not hoing to suggest taking a loan and invest it in crypto.
It depends on their financial status to be honest, if someone is already rich and have million dollars in their bank account they are going to take loan for any kind of investment even though they can invest their own money but its because they want to make money with the money they don't have so they can generate revenue from nowhere and pay the mortgage as well but if goes wrong they will pay the loan with the money in their bank account but imagine what will happen if someone doesn't have money to repay the loan.

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January 01, 2022, 05:16:43 PM
 #104

Which metaverse do you talk about? Because it seems there are several groups and companies attempting to create their own metaverses versions.

I don't know if they would be connected among themselves, but I see no point on this yet as a big thing, because it's useless to create an avatar to have access to the same sites and services I can have at this moment by myself.

And if people want to incorporate themselves in another characters and personalities there are lots of online games where they can do this.

Probably the closest project to a metaverse going to be launched in the next years is going to be GTA 6.

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January 01, 2022, 06:54:05 PM
 #105

I have the same opinion. Regardless how profitable and good the investment is, I dont advice anyone to take a loan just to invest because we never know what lies ahead and there's no guarantee that you'll get an income from that investment. If you're rich then I think it would be fine since most of these people are already aware and prepared for the risk and has a back up plan incase their investment turned out to be bad. But for an average investor who are really eager to earn, taking a loan is a risky thing to do.

Many projects nowadays are seem profitable in the long run but still, we have to think deeply if its really worth it or might be another scam that will take away your money.

Borrowing or apply loan in a bank to invest in a business or real state is somehow a good decision because this kind of investment will not take almost all your borrowed money once lost but investing it in cryptocurrency is a totally different kind of investment. Easy profit but easy to lose also, good thing if you know how to analyze the market, know how to search and find good project that will going to be good investment but somehow this kind of opportunity is rare in crypto, deep knowledge about technical analysis is required. So yeah, I would also not hoing to suggest taking a loan and invest it in crypto.
It depends on their financial status to be honest, if someone is already rich and have million dollars in their bank account they are going to take loan for any kind of investment even though they can invest their own money but its because they want to make money with the money they don't have so they can generate revenue from nowhere and pay the mortgage as well but if goes wrong they will pay the loan with the money in their bank account but imagine what will happen if someone doesn't have money to repay the loan.
I actually don't really care about people who make loans to invest because it's their choice that they may think is very profitable.
but as you said when people who have no money try to live a life like that the result will only make them slump and fall even more because of the monthly installments and interest that must be paid. it's better if it can produce quickly, what if it's not, it's tantamount to suicide that causes them to fall into debt

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January 01, 2022, 07:54:26 PM
 #106

I have the same opinion. Regardless how profitable and good the investment is, I dont advice anyone to take a loan just to invest because we never know what lies ahead and there's no guarantee that you'll get an income from that investment. If you're rich then I think it would be fine since most of these people are already aware and prepared for the risk and has a back up plan incase their investment turned out to be bad. But for an average investor who are really eager to earn, taking a loan is a risky thing to do.

Many projects nowadays are seem profitable in the long run but still, we have to think deeply if its really worth it or might be another scam that will take away your money.

Borrowing or apply loan in a bank to invest in a business or real state is somehow a good decision because this kind of investment will not take almost all your borrowed money once lost but investing it in cryptocurrency is a totally different kind of investment. Easy profit but easy to lose also, good thing if you know how to analyze the market, know how to search and find good project that will going to be good investment but somehow this kind of opportunity is rare in crypto, deep knowledge about technical analysis is required. So yeah, I would also not hoing to suggest taking a loan and invest it in crypto.
It depends on their financial status to be honest, if someone is already rich and have million dollars in their bank account they are going to take loan for any kind of investment even though they can invest their own money but its because they want to make money with the money they don't have so they can generate revenue from nowhere and pay the mortgage as well but if goes wrong they will pay the loan with the money in their bank account but imagine what will happen if someone doesn't have money to repay the loan.
I actually don't really care about people who make loans to invest because it's their choice that they may think is very profitable.
but as you said when people who have no money try to live a life like that the result will only make them slump and fall even more because of the monthly installments and interest that must be paid. it's better if it can produce quickly, what if it's not, it's tantamount to suicide that causes them to fall into debt
I guess whenever a person decides to take loans, he must be thinking on how to repay it in the first place, knowing that there should be some other resources aside from the crypto investment. But if you have no other resources that can generate an income, then relying on crypto alone will only make yourself stressed out and become pressured because it does not give profits with its definite time.  Most of the time, you will only get profitable if the market gets bullish but this does not happen all the time. So its better to think a hundred times before taking loans.

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January 02, 2022, 03:11:14 AM
 #107

Well if we borrowed money and used it for our needs specially for emergency needs that was still a right decisions, but if you borrowed money to spend it for what you wanted then that was wrong, we need valid reason in borrowing money to avoid regrets. In crypto we need to invest on what we can afford to loss because crypto is so risky and borrowing money for crypto is very high risk.

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January 02, 2022, 03:27:21 AM
 #108

with benefits that you don't know for sure will get or not, actually investing using a loan will only make you think extra and your mind will be divided between investing and thinking about how to pay off the money you borrowed.
Of course this will only add to your thinking instead of getting comfortable in investing, things like this will only make you someone who is confused about solving problems.
because when this happens if you don't get a return on investment you will only be able to think about borrowing money back to pay off existing debts. and it will continue until things get worse
This is really possible if you invest in crypto without an assurance when to make profits. In the first  eplace, borrowing money is not really a good thing to do especially that there is always a high risk in cryto investment. When you need to pay your loan and yet, you're not making profits yet, there are always high chances that you will create another loan to cover your first loan, so that will create more stress and pressures on your part and yaou wiill live with it until you become debt free. So now that you see what will happen ahead, then never start engaging in it.
this is the important point and things like this should be realized by people who want to borrow for investment.
But the problem is that sometimes people never look in this direction and are more concerned with their ego and greed.
I don't know if that's optimistic or not in the crypto world because they believe so much in investing by borrowing money and are optimistic that they will make a profit in the near future. but I think it's a pretty risky action and it seems like a stupid thing to do

I think it is not stupid if you have a backup plan . It is really difficult to take risk to loan money if you are eager to invest but the problem is that how do you pay it if you lost that money. It is pretty good that you shouldn't think only of the profit but also think on how you pay that debt. But if you take that risk when some people gets lucky and they get their investment 3x but still it is really risky
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January 02, 2022, 08:11:47 AM
 #109

I don't like borrowing, unless it is very important. Borrowing money for no reason is like a disaster, the money you borrow you must repay it back that why is better you use it for reasonable thing to motivate you in repaying it back. They don't borrow to start a business but they borrow to improve the existing besiness.

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January 02, 2022, 09:50:26 AM
 #110

I don't like borrowing, unless it is very important. Borrowing money for no reason is like a disaster, the money you borrow you must repay it back that why is better you use it for reasonable thing to motivate you in repaying it back. They don't borrow to start a business but they borrow to improve the existing besiness.

But many people still borrow money to start their business because of watching other people succeed in having a business, For them it's really important rather than doesn't have any source of income to live, watching people succeed from running a business motivate them to try to open an alike business. That's why we should educate them the important thing about interest from borrowing money because it can ruin their life or a little chance to save them.   


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January 02, 2022, 10:46:16 AM
 #111

I don't like borrowing, unless it is very important. Borrowing money for no reason is like a disaster, the money you borrow you must repay it back that why is better you use it for reasonable thing to motivate you in repaying it back. They don't borrow to start a business but they borrow to improve the existing besiness.

But many people still borrow money to start their business because of watching other people succeed in having a business, For them it's really important rather than doesn't have any source of income to live, watching people succeed from running a business motivate them to try to open an alike business. That's why we should educate them the important thing about interest from borrowing money because it can ruin their life or a little chance to save them.   
It doesn't matter if someone borrows money to start a business but indeed with a note that he can manage the money well,
actually borrowing money to do something useful is a good thing but sometimes it is misused a lot,
What is clear is that there are both positive and negative impacts

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January 02, 2022, 08:09:03 PM
 #112

But many people still borrow money to start their business because of watching other people succeed in having a business, For them it's really important rather than doesn't have any source of income to live, watching people succeed from running a business motivate them to try to open an alike business. That's why we should educate them the important thing about interest from borrowing money because it can ruin their life or a little chance to save them.   
It doesn't matter if someone borrows money to start a business but indeed with a note that he can manage the money well,
actually borrowing money to do something useful is a good thing but sometimes it is misused a lot,
What is clear is that there are both positive and negative impacts
Starting a business is a different beast all together. If you are borrowing money for a startup, that's a good reason to do it, you may fail and bankrupt and the business could go to zero and you would have to work for years to pay that debt back. However, that's a risk most people are willing to take because reality is that we still have a good amount of chance we could get rich from it. If you are doing a small business in a store or shop type of deal then it is going to be a lot of work in place and you may have hard time leaving it, but if you are doing it digitally then you could even sell the whole business very easily or just let it be and hire other people to handle it.

 I feel like it is definitely a great deal and I am going to do it one day, just a few thousand dollars would be enough to start my startup idea and I have half of that ready anyway, it is not a "startup" perse, but a website idea that I have but I need developers for it and designers, I may get loan and start that.
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January 02, 2022, 08:37:42 PM
 #113


 I guess whenever a person decides to take loans, he must be thinking on how to repay it in the first place, knowing that there should be some other resources aside from the crypto investment. But if you have no other resources that can generate an income, then relying on crypto alone will only make yourself stressed out and become pressured because it does not give profits with its definite time.  Most of the time, you will only get profitable if the market gets bullish but this does not happen all the time. So its better to think a hundred times before taking loans.
this should be something to think about from the start, but on the other hand greed is what blinds most people.
You see how people are in debt that makes them unable to think clearly and even increase their debt.
This will also happen when they are still prioritizing ego and greed.
things like this will never disappear in the minds of some people until they feel the impact they receive and are fully aware

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January 02, 2022, 09:37:54 PM
 #114

Borrowing money to invest is very risky. Because there are 2 that erode our mental there. The first is in returning the borrowed money, the second in terms of the investment itself. There is no profitable investment in a short time, while in borrowing of course there is an agreement when we will return it.
So, if you want to invest, it's better to use your own money. If you don't have enough money right now, there are options for saving, although that takes time. Better to be late, than to curse borrowed money.

You are right, it is always good to have your own money and not borrowed for an investment, because you always have to think about the case that everything goes wrong, and the investment is lost, in this case you must have how you can respond to any eventuality, unless If you have privileged information about a project or investment currency that is highly possible to occur, if this is the case, then the risk is welcome, but it is seldom certain that a certain event will occur as planned, it is all a risk, and in crypto anything can happen.

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January 02, 2022, 11:57:39 PM
 #115

Borrowing money to invest is very risky. Because there are 2 that erode our mental there. The first is in returning the borrowed money, the second in terms of the investment itself. There is no profitable investment in a short time, while in borrowing of course there is an agreement when we will return it.
So, if you want to invest, it's better to use your own money. If you don't have enough money right now, there are options for saving, although that takes time. Better to be late, than to curse borrowed money.

You are right, it is always good to have your own money and not borrowed for an investment, because you always have to think about the case that everything goes wrong, and the investment is lost, in this case you must have how you can respond to any eventuality, unless If you have privileged information about a project or investment currency that is highly possible to occur, if this is the case, then the risk is welcome, but it is seldom certain that a certain event will occur as planned, it is all a risk, and in crypto anything can happen.

It does actually depend because not all would really be having the money for them to invest as they do like thats why they do really end up on this kind of decision as a last resort which i couldnt really blame them.

but as best as you can then you should really be avoiding loans and borrowing money for the sake of crypto investment because its not an assurance that you could make profits on the investments you had made
and if you do only rely on those profits for you to repay those debts then its a suicide.

Invest only on the money you do have and avoid loans as much as you could.

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January 03, 2022, 04:49:36 AM
 #116


 I guess whenever a person decides to take loans, he must be thinking on how to repay it in the first place, knowing that there should be some other resources aside from the crypto investment. But if you have no other resources that can generate an income, then relying on crypto alone will only make yourself stressed out and become pressured because it does not give profits with its definite time.  Most of the time, you will only get profitable if the market gets bullish but this does not happen all the time. So its better to think a hundred times before taking loans.
this should be something to think about from the start, but on the other hand greed is what blinds most people.
You see how people are in debt that makes them unable to think clearly and even increase their debt.
This will also happen when they are still prioritizing ego and greed.
things like this will never disappear in the minds of some people until they feel the impact they receive and are fully aware

Greed is the beginning of debt problem, usually some people want to make big profit from crypto investment immediately. Because they don't
have big capital, then they will try to find a loan of money, even though this will only add to the problem in the future. We don't only see crypto
price movements that can rise very high, but we also have to think about the worst risk what if the coins we choose are dumped. Why do many
old investors always suggest invest money that we can afford to lose, that's because they know through their experience in the crypto world
that investing in crypto is risky. So forget it if we want to borrow money for investment, we must learn to be patient when investing in crypto,
always start slowly with small capital. Do not let us experience bad things first, then we can realize that it is not recommended to invest with
borrowed money. Borrowing money we do only urgent need, so don't do anything reckless by borrowing money to invest in crypto.

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January 18, 2022, 05:26:50 AM
 #117

Talking abou metaverse that's great, most of technology news talk about that, but if we talk about investing in metaverse, I think we should analyze it first. Not all metaverse project is good to invest, We need to know where , who, and all of the details behind them, because I heard so much money needed to invest in there.

I think it's back to your own risk appetite, if you are a risk taker, metaverse is the beat choice, but if you aren't, it's better to invest in crypto

I don't think borrowing is bad thing but investing in meta verse project need to think. Because technologically it's without a doubt true initiative however there are speculations round there and is virtually luxurious. Should aware about its authentic and authenticity then only jump into the undertaking. 

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January 18, 2022, 08:05:58 AM
 #118


There's nothing wrong with loaning or borrowing but, to be honest, it's better if we'll not borrow funds to expand our assets. Crypto investment is profitable even metaverse but borrowing to invest more has huge risk and might only lead you to regrets in the end. It's better to save before investing so you'll have all the control over your investment without any pressure.
I agree with what you said, it's true that we are free to do anything including borrowing and borrowing.
But if we borrow with the aim of developing assets, even though we are already pros, I think this is still full of risks.
not without reason, because indeed here there is no guarantee that forever we will experience profits because of course there will be times when we will experience losses.
besides that it is better with own assets even with fewer assets but no debt compared to making excessive risk by borrowing funds from other people in the hope of getting a profit. this is not very good.
I think in all types of investments, knowing that they have their own risks, borrowing money is never a good start. Of course, it can expand or widen your assets but if you are entering in a market with no guaranteed profits, then it will only cause pressures and troubles later on thinking where to get the money that you will use to pay. Although crypto gives us huge profits, definitely bigger from other types of investments, but there is no fixed time or date as when to get the profits so paying the debt will mostly be compromised.
with benefits that you don't know for sure will get or not, actually investing using a loan will only make you think extra and your mind will be divided between investing and thinking about how to pay off the money you borrowed.
Of course this will only add to your thinking instead of getting comfortable in investing, things like this will only make you someone who is confused about solving problems.
because when this happens if you don't get a return on investment you will only be able to think about borrowing money back to pay off existing debts. and it will continue until things get worse
This is really possible if you invest in crypto without an assurance when to make profits. In the first  eplace, borrowing money is not really a good thing to do especially that there is always a high risk in cryto investment. When you need to pay your loan and yet, you're not making profits yet, there are always high chances that you will create another loan to cover your first loan, so that will create more stress and pressures on your part and yaou wiill live with it until you become debt free. So now that you see what will happen ahead, then never start engaging in it.

We should not borrow any money or loan if there is no urgent need for it. These days people see that crypto gives a lot of good returns and therefore people take loan to invest in cryptocurrency. This should be avoided because we have to return the loans at certain time and there is no grantee that our investment in crypto will be profitable at given time. In bearish times, we may have to wait few months in order to get any profit.

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January 18, 2022, 08:15:03 AM
 #119

We should not borrow any money or loan if there is no urgent need for it. These days people see that crypto gives a lot of good returns and therefore people take loan to invest in cryptocurrency. This should be avoided because we have to return the loans at certain time and there is no grantee that our investment in crypto will be profitable at given time. In bearish times, we may have to wait few months in order to get any profit.
Indeed. Even investing in crypto is profitable (specially for long period) still there's guarantee that you'll gain the moment you already need to pay your borrowed money.

Investing is risky and no matter how proven to be profitable it is, dont take a loan just to invest. It is still better save and use it for capital, so regardless of the outcome you dont have to worry since you used your own money.

So be wise and dont make a decision that you'll regret if something unexpected happened on your investment.

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January 18, 2022, 11:10:15 AM
 #120


There's nothing wrong with loaning or borrowing but, to be honest, it's better if we'll not borrow funds to expand our assets. Crypto investment is profitable even metaverse but borrowing to invest more has huge risk and might only lead you to regrets in the end. It's better to save before investing so you'll have all the control over your investment without any pressure.
I agree with what you said, it's true that we are free to do anything including borrowing and borrowing.
But if we borrow with the aim of developing assets, even though we are already pros, I think this is still full of risks.
not without reason, because indeed here there is no guarantee that forever we will experience profits because of course there will be times when we will experience losses.
besides that it is better with own assets even with fewer assets but no debt compared to making excessive risk by borrowing funds from other people in the hope of getting a profit. this is not very good.
I think in all types of investments, knowing that they have their own risks, borrowing money is never a good start. Of course, it can expand or widen your assets but if you are entering in a market with no guaranteed profits, then it will only cause pressures and troubles later on thinking where to get the money that you will use to pay. Although crypto gives us huge profits, definitely bigger from other types of investments, but there is no fixed time or date as when to get the profits so paying the debt will mostly be compromised.
with benefits that you don't know for sure will get or not, actually investing using a loan will only make you think extra and your mind will be divided between investing and thinking about how to pay off the money you borrowed.
Of course this will only add to your thinking instead of getting comfortable in investing, things like this will only make you someone who is confused about solving problems.
because when this happens if you don't get a return on investment you will only be able to think about borrowing money back to pay off existing debts. and it will continue until things get worse
This is really possible if you invest in crypto without an assurance when to make profits. In the first  eplace, borrowing money is not really a good thing to do especially that there is always a high risk in cryto investment. When you need to pay your loan and yet, you're not making profits yet, there are always high chances that you will create another loan to cover your first loan, so that will create more stress and pressures on your part and yaou wiill live with it until you become debt free. So now that you see what will happen ahead, then never start engaging in it.

We should not borrow any money or loan if there is no urgent need for it. These days people see that crypto gives a lot of good returns and therefore people take loan to invest in cryptocurrency. This should be avoided because we have to return the loans at certain time and there is no grantee that our investment in crypto will be profitable at given time. In bearish times, we may have to wait few months in order to get any profit.
Actually it depends on each person and for me personally do not recommend borrowing money to invest,
after all it's very risky, moreover we don't know whether the investment we are making will generate profit or loss
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January 18, 2022, 02:22:56 PM
 #121

We should not borrow any money or loan if there is no urgent need for it. These days people see that crypto gives a lot of good returns and therefore people take loan to invest in cryptocurrency. This should be avoided because we have to return the loans at certain time and there is no grantee that our investment in crypto will be profitable at given time. In bearish times, we may have to wait few months in order to get any profit.
borrowing money in monthly installments after investing the proceeds of the loan is one of the reckless actions in my opinion, even though there is indeed one person who has the power in a number of times to suggest this but it is still a reckless act.
the rule that until now I hold is to invest the money I have (not too used for the near term). This aims to maintain the stability of the money we have so that we can invest in the long term.
when we borrow money and make investments from that money, won't it only confuse ourselves about installment payments and the market is not always good
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January 18, 2022, 03:59:34 PM
 #122

It is better to refrain from borrowing here the interest rate is high and if you can pay on time you are at risk. Most of the people choose the path of loan because of the need for urgent money but if they are not able to repay some part of the loan on time, they lose everything therefore it is better to start with a small amount of capital. Long term investment in bitcoin in crypto will bring good results there is no fear of paying money here this opportunity is available for free.
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January 18, 2022, 04:13:34 PM
 #123

I don't think borrowing is bad thing but investing in meta verse project need to think. Because technologically it's without a doubt true initiative however there are speculations round there and is virtually luxurious. Should aware about its authentic and authenticity then only jump into the undertaking. 
It's good you know that borrowing money to invest in a crypto is bad but I have a question for you, why do you consider metaverse to be a true initiative after Mark Zuckerberg make an announcement of it last year?
For the record, Metaverse has been in existence since the year 2018 and no one sees it as a true initiative then but I came to understand that most people in the crypto sphere only believe in concepts introduced by well-known figures.
 

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January 18, 2022, 05:00:54 PM
 #124

Metaverse is place u invest go to ur bank ask as much you can or sell your assets and start investing in metaverse.
I find this idea crazy. Even if I'm a 100% crypto person, I wouldn't advise this to anyone that doesn't have an idea of what he's about to do. You don't advise people to sell all of their assets for metaverse. They can still stay with those assets and have themselves generated with a new income that shall be invested into the metaverse. I just find this is a bad suggestion since not everyone is already aware of how the market is truly volatile whether it's metaverse or not.
In general, I think that borrowing money, taking loans in order to invest them later in cryptocurrency, is not something that is very risky, it's just a crazy idea. Indeed, in addition to the estimated price for a specific cryptocurrency in which we invest, we also need to calculate the price movement of the market, and for a decent period of time. And it is practically impossible to do this, since no one can say in advance in which direction the market will move in a certain period. Whoever does this, it turns out, just hopes for good luck.

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January 18, 2022, 06:00:47 PM
 #125

It is not wise to borrow money in any business. All businesses may face losses. Even if the business loses, you will have to repay your loan. It can even be a financial burden for you if you can't afford it. And you don't just have to make up for the loss, you must make a very good profit in the business because you have to pay interest on the borrowed money as well as your own profit. Imagine for a second what will you do if your investment goes into a lose.

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January 18, 2022, 08:27:16 PM
 #126

I don't think borrowing is bad thing but investing in meta verse project need to think. Because technologically it's without a doubt true initiative however there are speculations round there and is virtually luxurious. Should aware about its authentic and authenticity then only jump into the undertaking. 
It's good you know that borrowing money to invest in a crypto is bad but I have a question for you, why do you consider metaverse to be a true initiative after Mark Zuckerberg make an announcement of it last year?
For the record, Metaverse has been in existence since the year 2018 and no one sees it as a true initiative then but I came to understand that most people in the crypto sphere only believe in concepts introduced by well-known figures.
 
The truth is people will only believe once they see it offered or used by some known personalities, some do abrupt decisions without thinking that causes more problems since they think that they will gain profit by following others without thinking of the results. It will be better to take extra jobs to fund for buying token than borrowing to others especially if we know where not knowledgeable yet of something where getting into.
If you do find yourself to be that impulsive then you should really be mindful whenever you do take up decisions specially into this manner on which you do tend to take some loan or borrowing up money
into someone just because you needed to invest.
Honestly, it isnt bad as long you do know to repay those debts or loans but if you are primarily dependent on the profits for you to pay it off then its better not to consider
on having this option.
Invest on what you could afford to lose and dont push up something which you couldnt able to handle it out.

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January 18, 2022, 09:34:35 PM
 #127

Even investing in crypto is profitable (specially for long period) still there's guarantee that you'll gain the moment you already need to pay your borrowed money.

Investing is risky and no matter how proven to be profitable it is, dont take a loan just to invest. It is still better save and use it for capital, so regardless of the outcome you dont have to worry since you used your own money.

So be wise and dont make a decision that you'll regret if something unexpected happened on your investment.
The mathematics is that if you borrow 1000 dollars, you do not pay it 12 months later, you pay it monthly. So, let's assume in 12 months bitcoin did a 2x, and even some more, it grows 10% more each month by calculation, you will still lose money. How? Well, let's take an example, you get 1k, and after first month it is 1.1k, but you need to pay 110 dollars, so now you are left with 990 dollars.

Second month it grow to 1089 dollars (10% again) but you still need to pay 110 dollars, so you are left with  979, after another month it is 1076 and you pay 110 dollars and get 966. Basically it goes like this for a whole year and you end up with less money than you took out and you didn't make any profit.

Plus, you need to make 10% every single month back to back for 12 months, how realistic is that? Considering you may even lose money at some months, it is a bad idea even on the best cases, worse on bad cases.
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January 19, 2022, 05:29:08 PM
 #128

I don't think borrowing is bad thing but investing in meta verse project need to think. Because technologically it's without a doubt true initiative however there are speculations round there and is virtually luxurious. Should aware about its authentic and authenticity then only jump into the undertaking. 
It's good you know that borrowing money to invest in a crypto is bad but I have a question for you, why do you consider metaverse to be a true initiative after Mark Zuckerberg make an announcement of it last year?
For the record, Metaverse has been in existence since the year 2018 and no one sees it as a true initiative then but I came to understand that most people in the crypto sphere only believe in concepts introduced by well-known figures.
 
The truth is people will only believe once they see it offered or used by some known personalities, some do abrupt decisions without thinking that causes more problems since they think that they will gain profit by following others without thinking of the results.
It said some people within the cryptocurrency sphere have the impression only the project that people like Elon Musk, Mark Zuckerberg etc advertise or talk about is a piece of investment advice while no influence advertise Bitcoin until it potential was unleashed to the world.

It will be better to take extra jobs to fund for buying token than borrowing to others especially if we know where not knowledgeable yet of something where getting into.
You make a good point no matter what we said some people will still borrow money and this reminds some weeks ago when I received an email from Binance that they have increased my chance of borrowing money when I haven't borrowed one from them.
I was like why would this people want to earn more money by increasing my credit and I am sure people like the people wont think twice about it.

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January 19, 2022, 08:00:18 PM
 #129

There should be an agreement so that it does not become undesirable when borrowing money from relatives, friends, relatives or to the bank concerned so that there is responsibility when we will pay it.
When you do borrow or took up some loan then it would be always attached on when you would pay it.You cannot just borrow without minding with that primary thing because money isnt something that
been earned on easy way for those people who you do borrow from.

Be responsible on how to repay those loans but taking this action or step when you are really out of option towards investment but of course you would still need to pay back those things.
Borrow if its needed but if not and you do still have funds then avoid getting some loan as much as possible.

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January 19, 2022, 10:20:41 PM
 #130

True, if we use borrowed money for something that does not guarantee success, it is not wise.
Wise or not depends on how the person manages the borrowing money.
Sure, no guarantee of success in crypto. Even I never know if there is an investment that has a guarantee of success.
If the person is a professional trader or an experienced investor, I think it is no problem to borrow money. At least, he knows well how to trade or invest properly in crypto. And he must know the safest way to use that money. And if he can get the profits, just prioritize to pay off debt/loan first. Then, the remaining money from the profits, can be used again to rebuy another coin.

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January 21, 2022, 06:34:02 PM
 #131

Borrowing money to invest is crypto is not a smart idea because crypto is a volatile asset which means it's high risk and since nothing is guaranteed here why borrow money? You can easily end up in debt using debt 😂

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January 21, 2022, 10:41:37 PM
 #132

Borrowing money to invest is crypto is not a smart idea because crypto is a volatile asset which means it's high risk and since nothing is guaranteed here why borrow money? You can easily end up in debt using debt 😂
For newbies themselves it's too risky indeed and they also still lack experience,
and for seniors I think it's legal because they definitely have a lot of experience and are also smart in managing money
Not all because even you are old or veteran, you couldnt still escape the risks on getting wrecked by the market and if you do took up some loan then you would still need to repay those in due dates.
Similar times and similar risks, it would really just depending on how someone would able to handle it out yet we do have different various sources when it comes to income
but if you do solely rely on current investment you do have made out on those loan amounts then better think again and better not to proceed on.

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January 22, 2022, 05:53:16 AM
 #133

Borrowing money to invest is crypto is not a smart idea because crypto is a volatile asset which means it's high risk and since nothing is guaranteed here why borrow money? You can easily end up in debt using debt 😂
For newbies themselves it's too risky indeed and they also still lack experience,
and for seniors I think it's legal because they definitely have a lot of experience and are also smart in managing money
Not all because even you are old or veteran, you couldnt still escape the risks on getting wrecked by the market and if you do took up some loan then you would still need to repay those in due dates.
Similar times and similar risks, it would really just depending on how someone would able to handle it out yet we do have different various sources when it comes to income
but if you do solely rely on current investment you do have made out on those loan amounts then better think again and better not to proceed on.
I would say that borrowing money for beginners is definitely very risky and will only make your life miserable in the next months. There is no assurance that you will make profits from crypto and if ever if you made profits too, there are no fixed dates. So if you don't have your own money to invest, then never indulge yourself from loans, but save some of your extra money and only invest on the amount you can afford to lose. Even if you have a stable job, taking loans for investments is sometimes not worth it because you won't be making profits at all since you will be paying first the interest of your debt.
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January 25, 2022, 06:52:35 AM
 #134

This is a very bad advice, I still don't understand why humans keeps fate aside and goes on with what people tell them to do, debt isn't for everybody, just because something works your way doesn't mean it will work for others, it can land them into deep trouble, you use debt doesn't mean I should

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January 25, 2022, 07:53:13 AM
 #135

This is a very bad advice, I still don't understand why humans keeps fate aside and goes on with what people tell them to do, debt isn't for everybody, just because something works your way doesn't mean it will work for others, it can land them into deep trouble, you use debt doesn't mean I should

You still have a valid point, but how do you achieve success if you are not willing to take risks? I understand that if something works for someone else, it does not necessarily mean that it will work for you, but why not give it a shot and see if it is successful on your end rather than taking a chance? Regardless of the risk involved, businessmen and investors are willing to take a chance on their ideas because, if they are successful, they will reap substantial financial rewards from their efforts. The disadvantage is that you will be in debt if your venture is unsuccessful.
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January 25, 2022, 08:06:33 AM
 #136

Crypto currency investment is always advice to trade with care in other words invest what you can afford to lose. Advising people to borrow from bank for metavers is not a good idea in my opinion. One you made mentioned of how investors should hold from 5 - 10 years and I wonder how much will be the interest rate on such a long term loan and how are we sure the end result will be like that of Bitcoin in the next 10 years. Invest what you can afford to lose good people!!
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January 26, 2022, 01:42:20 PM
 #137

This is a very bad advice, I still don't understand why humans keeps fate aside and goes on with what people tell them to do, debt isn't for everybody, just because something works your way doesn't mean it will work for others, it can land them into deep trouble, you use debt doesn't mean I should
You still have a valid point, but how do you achieve success if you are not willing to take risks? I understand that if something works for someone else, it does not necessarily mean that it will work for you, but why not give it a shot and see if it is successful on your end rather than taking a chance? Regardless of the risk involved, businessmen and investors are willing to take a chance on their ideas because, if they are successful, they will reap substantial financial rewards from their efforts. The disadvantage is that you will be in debt if your venture is unsuccessful.
I agree on you that its better to try than not trying at all but I also agree on the guy above, it is not fun to stuck in debt. I think this is where the mistake of the op where he recommends everyone to take a loan in the bank, he sounds very greedy of earning huge money.

Why take a loan when when we already have a money to invest with? and even if we do not have the money right now, I still wont recommend loaning in a bank just to invest on something because investing is risky even though we are talking about metaverse. I prefer the basic way, working to have a money and invest that money, if metaverse is the future, your small money that you invested can turn huge .

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January 26, 2022, 04:43:23 PM
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 #138

The metaverse is interesting, even though I find it a bit dystopian (Zucc being creepy also isn't helping). Considering the company behind it I think it's a worthy investment but most people would probably give it a pass right now and find it too risky.

I suppose if you have a lot of money lying around you don't mind losing you can use it for that and if you were right they you'd be richly rewarded for being an early adopter (like with bitcoin). Taking loans though? I don't think so, that would be too risky, we don't have a proper timeline on when it'll take off.

If you must take a loan to make money, spend it on something else.
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January 26, 2022, 09:47:27 PM
 #139

The online loan trend makes it easy for anyone to get into debt, I think this is a serious problem because most people borrow just for fun and very little is used for investment, as long as we borrow online and use it for productive things, it's certainly better.
As it should be but we know that everyone does have their own mindset when it comes to things on where we do really end up on different choices and preference and when it comes to risk taking then its also different. Some might really love to play with fire but there are some who do want to play safe which is definitely considerable thing or a must to be done and not just taking actions without some having problems when it comes on repaying some debt.

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January 27, 2022, 11:23:17 AM
 #140

Well, lands in Metaverse projects are expensive and knowing to buy property from projects that won't fail will be good when they are just starting. I won't advise anyone to borrow money and invest in cryptocurrency, although the odds always favour those who dare with the right project and with a huge patient.
Actually it goes back to each person if they are smart in managing it I think it will be profitable,
but indeed borrowing money and investing in crypto is a big risk so many people are also advised not to do that

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January 27, 2022, 01:19:40 PM
 #141

It's a "reputable" company so that might give a little confidence in investing on Meta. Higher risks, higher rewards. You can make a whole lot for less by buying in early.

Before taking out loans though you'd have to decide whether you can tolerate such risks. Even if it prove profitable in the future we don't have idea when so check the terms for the loans you are taking.
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January 27, 2022, 01:29:09 PM
 #142

Well, lands in Metaverse projects are expensive and knowing to buy property from projects that won't fail will be good when they are just starting. I won't advise anyone to borrow money and invest in cryptocurrency, although the odds always favour those who dare with the right project and with a huge patient.
Actually it goes back to each person if they are smart in managing it I think it will be profitable,
but indeed borrowing money and investing in crypto is a big risk so many people are also advised not to do that

The principle of investing is to invest what you can afford only, the fact that you borrow money, says you likely can't afford to invest at the moment. However, you can take the risk if you want, but you should be ready of the negative outcome as investing is not only one side, but one could lose or profit from investing.

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January 27, 2022, 01:30:40 PM
 #143

Well, lands in Metaverse projects are expensive and knowing to buy property from projects that won't fail will be good when they are just starting. I won't advise anyone to borrow money and invest in cryptocurrency, although the odds always favour those who dare with the right project and with a huge patient.

Don't instigate people to do that, if they have fresh money it's very good to do but if they don't have it you should study deeper and try with very minimal capital letter. Many things we may know about the price which later deteriorated greatly. so you better take appropriate action.

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January 27, 2022, 08:20:26 PM
 #144

The metaverse is interesting, even though I find it a bit dystopian (Zucc being creepy also isn't helping). Considering the company behind it I think it's a worthy investment but most people would probably give it a pass right now and find it too risky.

I suppose if you have a lot of money lying around you don't mind losing you can use it for that and if you were right they you'd be richly rewarded for being an early adopter (like with bitcoin). Taking loans though? I don't think so, that would be too risky, we don't have a proper timeline on when it'll take off.

If you must take a loan to make money, spend it on something else.

Certainly, if you could choose among all the possible metaverses and ways of governance, you would certainly not say "hey, this guy Bill Gates or this guy Zuckerberg are just the right ones for the job" The idea even makes me laugh, particularly Mark is probably the most trustworthy person in the universe in the sense that you can absolutely trust that he will rip you off the moment he can, by all means and with total disregard for any implicit right or agreement like he did with his initial partners.

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January 27, 2022, 09:24:30 PM
 #145

Well, lands in Metaverse projects are expensive and knowing to buy property from projects that won't fail will be good when they are just starting. I won't advise anyone to borrow money and invest in cryptocurrency, although the odds always favour those who dare with the right project and with a huge patient.

Don't instigate people to do that, if they have fresh money it's very good to do but if they don't have it you should study deeper and try with very minimal capital letter. Many things we may know about the price which later deteriorated greatly. so you better take appropriate action.
There are situations which do really need some appropriate action and there are really times that we are out of funds which means that we do need to borrow but this should be your last resort.

As long you do know you could repay those debts without relying on that investment return which means that you do have other sources too for you to do so.

Borrow if its needed and you do able to see opportunities but if not then its better to avoid as much as possible and always use came from your own pocket.

R


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January 27, 2022, 09:30:57 PM
 #146

Borrowing money for an appropriate need may be recommended, but if there is no urgent need to borrow money for no reason or if it is for a need that may not be postponed.
And if the purpose is for investing, that's not the idea that you would love to do.

If you have savings, then that's the money that you should be investing but there are also the businessmen that are borrowing money and treat it as good debt.

But being a businessman and an investor, they're not the same. As an investor, it will take time before that loaned money comes into profit and you'll get more interest with that if you're in the waiting game.



.
.BIG WINNER!.
[15.00000000 BTC]


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January 28, 2022, 08:10:35 AM
 #147

Borrowing money for an appropriate need may be recommended, but if there is no urgent need to borrow money for no reason or if it is for a need that may not be postponed.
And if the purpose is for investing, that's not the idea that you would love to do.

If you have savings, then that's the money that you should be investing but there are also the businessmen that are borrowing money and treat it as good debt.

But being a businessman and an investor, they're not the same. As an investor, it will take time before that loaned money comes into profit and you'll get more interest with that if you're in the waiting game.
Although both a businessman and an investor takes risk, the risks is much on the side of an investor and a business man doesn’t take much risk as an investor does. The good thing about business is that the businessman already knows how the business is working and how much that is currently coming out from it, and how much that would likely come in as profit if he should invest more money into the business, so he makes plans and knows how to make use of the borrowed money, but that wouldn’t be the same for someone who is an investor. Investing a borrowed would be a bigger risk.
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January 28, 2022, 08:43:18 AM
 #148

Well, lands in Metaverse projects are expensive and knowing to buy property from projects that won't fail will be good when they are just starting. I won't advise anyone to borrow money and invest in cryptocurrency, although the odds always favour those who dare with the right project and with a huge patient.

Don't instigate people to do that, if they have fresh money it's very good to do but if they don't have it you should study deeper and try with very minimal capital letter. Many things we may know about the price which later deteriorated greatly. so you better take appropriate action.
There are situations which do really need some appropriate action and there are really times that we are out of funds which means that we do need to borrow but this should be your last resort.

As long you do know you could repay those debts without relying on that investment return which means that you do have other sources too for you to do so.

Borrow if its needed and you do able to see opportunities but if not then its better to avoid as much as possible and always use came from your own pocket.

I think it's a big risk to do that, you can see for yourself with a good strategy to see a good price later or generate the profits you might get. All can only predict about the price they will get. should not take brutal decisions in search of a quick profit. better study carefully first. This is very difficult for a lot of people.

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January 28, 2022, 12:13:27 PM
 #149

Although both a businessman and an investor takes risk, the risks is much on the side of an investor and a business man doesn’t take much risk as an investor does. The good thing about business is that the businessman already knows how the business is working and how much that is currently coming out from it, and how much that would likely come in as profit if he should invest more money into the business, so he makes plans and knows how to make use of the borrowed money, but that wouldn’t be the same for someone who is an investor. Investing a borrowed would be a bigger risk.

But the sense of a business and crypto investing is somehow same in a matter of fact that this both area have a risks. I may not know the level of risks but borrowing for me in terms even in business or crypto investment is not very advisable. I mean, I do believe that everyone has their own capabilities to handle finances and how to grow it and earn from it then return the capital with interest to the person or company they borrow it but there are also some who take risks and get loss the amount so, for me it's a no. I'll better save money for that than borrowing.
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January 28, 2022, 02:24:03 PM
 #150

You’re right, Metaverse is a very good investment. It’s an investment that would be worth considering, because there are millions of dollars being invested every day, although I can’t say for sure whether it  would be bigger than BTC. When you talk about being bigger, do you mean the Metaverse platforms combined, or just a one platform itself? For example, there are different metaverse platforms and to mention a few of them, there are Decentraland, The Sandbox, and Axie Infinity. I don’t think any of these platforms itself would be able to become bigger than bitcoin in future, but in combination? Maybe.
I hope you know that Metaverse itself is not what you’re investing in right? You’re rather investing in the crypto projects that are being launched on the platform, and mind you, if you are not careful with the projects that you choose to invest in on the Metaverse platform it is going to be a big loss for you rather a win.

It’s not like there wouldn’t be any fake projects that would be launched on the Metaverse as well, Metaverse is simply the internet in a better version of it, and in a different way, so you should expect to see the same things that you’re Swing on the regular internet of today. Make sure that you’re investing your money wisely and don’t just get into anything you see.

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January 28, 2022, 09:30:38 PM
 #151

Borrowing money for an appropriate need may be recommended, but if there is no urgent need to borrow money for no reason or if it is for a need that may not be postponed.
And if the purpose is for investing, that's not the idea that you would love to do.

If you have savings, then that's the money that you should be investing but there are also the businessmen that are borrowing money and treat it as good debt.

But being a businessman and an investor, they're not the same. As an investor, it will take time before that loaned money comes into profit and you'll get more interest with that if you're in the waiting game.
Although both a businessman and an investor takes risk, the risks is much on the side of an investor and a business man doesn’t take much risk as an investor does. The good thing about business is that the businessman already knows how the business is working and how much that is currently coming out from it, and how much that would likely come in as profit if he should invest more money into the business, so he makes plans and knows how to make use of the borrowed money, but that wouldn’t be the same for someone who is an investor. Investing a borrowed would be a bigger risk.
I don't think that there's lesser risk on the businessman.

They're going to work for their profit and ROI. While the investor can simply be away from his investments and wait until it grows. A businessman is active while an investor is passive.

There's more effort in business and that's what I see the difference of both and that's why risk is higher in having a business and running it until you get back the ROI or have a stable income but there's no assurance you can do that, it's also a long process.



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Rainbot
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January 28, 2022, 10:46:08 PM
 #152

Borrowing money for an appropriate need may be recommended, but if there is no urgent need to borrow money for no reason or if it is for a need that may not be postponed.
And if the purpose is for investing, that's not the idea that you would love to do.

If you have savings, then that's the money that you should be investing but there are also the businessmen that are borrowing money and treat it as good debt.

But being a businessman and an investor, they're not the same. As an investor, it will take time before that loaned money comes into profit and you'll get more interest with that if you're in the waiting game.
Although both a businessman and an investor takes risk, the risks is much on the side of an investor and a business man doesn’t take much risk as an investor does. The good thing about business is that the businessman already knows how the business is working and how much that is currently coming out from it, and how much that would likely come in as profit if he should invest more money into the business, so he makes plans and knows how to make use of the borrowed money, but that wouldn’t be the same for someone who is an investor. Investing a borrowed would be a bigger risk.
I don't think that there's lesser risk on the businessman.

They're going to work for their profit and ROI. While the investor can simply be away from his investments and wait until it grows. A businessman is active while an investor is passive.

There's more effort in business and that's what I see the difference of both and that's why risk is higher in having a business and running it until you get back the ROI or have a stable income but there's no assurance you can do that, it's also a long process.
Investment on general and it could neither be classified on various forms which its neither you are the ones who are running off the business or you do just simply invest on it and wait for some return

but in general sense then you are still investing and every each of them does have that particular risks and every investment does have.It all matters on how you do bare and handle them out.

If you couldnt able to run it successfully or handle it well then you would really be finding off some problems later on.
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January 28, 2022, 11:35:47 PM
 #153

I don't think that there's lesser risk on the businessman.

They're going to work for their profit and ROI. While the investor can simply be away from his investments and wait until it grows. A businessman is active while an investor is passive.

There's more effort in business and that's what I see the difference of both and that's why risk is higher in having a business and running it until you get back the ROI or have a stable income but there's no assurance you can do that, it's also a long process.
Investment on general and it could neither be classified on various forms which its neither you are the ones who are running off the business or you do just simply invest on it and wait for some return

but in general sense then you are still investing and every each of them does have that particular risks and every investment does have.It all matters on how you do bare and handle them out.

If you couldnt able to run it successfully or handle it well then you would really be finding off some problems later on.
Yes.

And that's the similar for both of them, you see that it's not working then you have to do something. In investments, you can still remain chill and be patient.

While in business, you really have to be aggressive and proactive on it since you're relying on your day to month activity from it. It's the opposite in investments, you can watch the charts and how your portfolio's doing and act if you think there's something wrong.



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January 29, 2022, 06:59:25 AM
 #154

Where will patience comes from when you are using a borrowed fund to invest in a very volatile asset? You can't even trade will ease because the fear of using borrowed money will consume you, I'm 100% against this those who can do this comfortable are those who have enough properties and money

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