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Author Topic: Dont just borrow money but for the right reason  (Read 897 times)
Sirait
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December 26, 2021, 10:00:15 PM
 #81

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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

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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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CryptocurencyKing
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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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Botnake
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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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freedomgo
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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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