Dont just borrow money but for the right reason

[NotATether]

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.

[lixer]

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.

[boyptc]

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.

[Oilacris]

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.

[BuNga_cute]

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.

[24Kt]

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.

[Wexnident]

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.

[andriarto]

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

[michellee]

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.

[iv4n]

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!

[laredo7mm]

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.

[boyptc]

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.

[perfect999]

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.

[dunfida]

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.

[boyptc]

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.

[Peanutswar]

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.

[michellee]

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.

[xSkylarx]

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.

[Findingnemo]

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.

[globalpain]

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