Dont just borrow money but for the right reason

[jaberwock]

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.

[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.

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.

[qwertyup23]

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).

[geegaw]

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.

[oHnK]

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.

[milewilda]

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.

[RealMalatesta]

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.

[Vaculin]

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.

[Fatunad]

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.

[ultrloa]

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.

[goinmerry]

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.

[Oceat]

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.

[adzino]

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.

[paxmao]

-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.

[sarmrakib]

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 .

[el kaka22]

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.

[RealMalatesta]

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.

[Lanatsa]

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.

[Cling18]

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.

[Quidat]

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.