Dont just borrow money but for the right reason

[Mometaskers]

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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[Russlenat]

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.

[pantek talacuik]

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.

[paxmao]

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.

[Lanatsa]

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.

[boyptc]

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.

[savetheFORUM]

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.

[pantek talacuik]

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.

[molsewid]

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.

[doomloop]

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.

[boyptc]

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.

[Oilacris]

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.

[boyptc]

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.

[LostEcho]

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