Trading With Borrowed Funds!!!

[macson]

It is true that some people have become rich through crypto trading in the recent times. But considering the high risk involved in trading, do you think it's proper/wise to trade with borrowed funds as your capital irrespective of your trading experience?

do you already have a good experience in trading crypto, if yes then you freely make a loan but if not then don't try to do that.  you don't know what will happen to you, but on average, people who have no experience in trading will only end up losing, plus the person makes a loan for trading, so you can be sure that person will only experience 2 losses.  i hope you will listen to my advice to not trade with borrowed money.

[tjtonmoy]

It is true that some people have become rich through crypto trading in the recent times. But considering the high risk involved in trading, do you think it's proper/wise to trade with borrowed funds as your capital irrespective of your trading experience?

Don't invest what you can't lose. Let alone borrowing something which is not yours and trade them to make money!
This is a thing what many people do, but only few succeed. Considering the risk that it involves, I will say never to do it unless you know how to trade properly, and you are considered to be a professional. Otherwise, you will just lose and be in more debt, leading to stress, and your brain will make more wrong decision.
So it is better to stay out of it.

[ven7net]

It is true that some people have become rich through crypto trading in the recent times. But considering the high risk involved in trading, do you think it's proper/wise to trade with borrowed funds as your capital irrespective of your trading experience?

Borrowed funds are certainly good when you know 100% that you can return them within a predetermined time frame. But taking borrowed funds and trading cryptocurrencies on them is too risky for me. Of course, this can be a good solution for a pro in trading, but when you are a beginner, then borrowing funds for trading is very dangerous and dangerous because without having enough experience you have the opportunity to lose all these funds.

[ShowOff]

First of all, do not ask for any loan just because you are. envy to other people. Being envy to other people is not good we all have our own pacing, do not loan just because others are doing this. If you are going to loan then this must be called your first act of gambling. All in all, if it not worth it do not spent too much on it learn to manage your net worth and you will become a good manager for us.

So far I don't really dare to recommend anyone to make a loan and trade with it. The market is not what we think, it is very volatile and it is likely that someone will lose because of it. Trading is fundamentally not just about how one can make profits, but something like minimizing losses is worth thinking about. So it's not good to trading with loan money, even if it's not a lot.

I would support a loan to trade if they know the risks of trading and they have something like collateral. If they borrow without something they can rely on, then surely they are gambling with market fluctuations.

[BobK71]

Currently the most volatile platform is the crypto trading platform. In this platform you have to invest money and carry out trading with maximum risk. And if money is invested in that platform then big disaster can happen. Because no asset can be trusted in crypto except Bitcoin. If invested in an inappropriate altcoin, the asset may not be recovered. Moreover, the number of looser is not small. So I think if you lose your own assets you may not have to give any kind of apology to anyone but when you lose investing in other's assets you have to face something that you never imagined.

[Yawa2020]

How can you even think of using borrowed money to gamble? To me trading is very similar with gamble with just little difference. It is an absolutely unwise decision to make. Let assume in the process you lost all the money, how would you convince the person? That aside, where are you going to start from?

[fullhdpixel]

It is true that some people have become rich through crypto trading in the recent times. But considering the high risk involved in trading, do you think it's proper/wise to trade with borrowed funds as your capital irrespective of your trading experience?

The simple answer is, NO. Trading with borrowed funds will never let you take decisions as freely, you will always have the fear of "what happens if it goes wrong" which will pull you back from going into most trades. And honestly that fear is not wrong unless you have a backup plan on how to pay the loan if trading goes wrong.

If you have a backup plan to pay your loan maybe it's not that bad of an idea given it comes at minimal interest rates. Also make sure you are crystal clear about your trading strategy and that it will yield profits for sure. I mean if you are learning trading and taking loans, it can get traumatic really soon.

[teosanru]

It is true that some people have become rich through crypto trading in the recent times. But considering the high risk involved in trading, do you think it's proper/wise to trade with borrowed funds as your capital irrespective of your trading experience?

Not it's not at all advised to do this. Trading is pretty risky, especially when you are a beginner the chances of you Winning a trade is just around 50% which even you can further mess up by doing FOMO. So basically you are doing nothing but just gambling. So would you go for gambling with the borrowed money? No, Right? Same is the case with trading as well then. But yes one small exception here is leveraged trading because in that you are not borrowing money directly. In this case it's just that you are trading with higher risk on capital which if you account for in strategy can be a good thing for you.

[retreat]

It is true that some people have become rich through crypto trading in the recent times. But considering the high risk involved in trading, do you think it's proper/wise to trade with borrowed funds as your capital irrespective of your trading experience?

If you want to bet on the market and you are really desperate with your life and want to get rich quick, you can do that, but remember that when you are playing with fire, you can already think about the risk of getting burned, the result can be you getting rich overnight or you become bankrupt and kill yourself.

Trading with borrowed money seems like a stupid decision. Real trading is analysis and trading with money you are willing to lose. Even though in some cases there are people who get rich by borrowing money on their trades, it's a very slim chance and from what I've seen most of them analyze the market beforehand and are prepared to lose everything.

[GeorgeJohn]

It is true that some people have become rich through crypto trading in the recent times. But considering the high risk involved in trading, do you think it's proper/wise to trade with borrowed funds as your capital irrespective of your trading experience?

The thing that is involved in trading is that, trading is made up of risk and the risk which involves, is that you might lose everything you have within a short time and you might gain within a short time, from my own understanding it's not really good to venture into trading with lend funds, it's nice to use a spare funds to trade so that when you lose it will not affect you directly. And it's advisable to ensure that you trade with what you can afford to lose.

[Yamifoud]

It is true that some people have become rich through crypto trading in the recent times. But considering the high risk involved in trading, do you think it's proper/wise to trade with borrowed funds as your capital irrespective of your trading experience?

It was not really a good start in trading using funds not from your own pocket but from others (borrowed money). It was not advisable but also, but I don't make such an excuse not to take risks and borrow money for as long as we can pay for it on the deadline. It is just like starting a business with borrowed money but as I've said, trading is too risky and has no assurance for returns, especially for beginners that is why I don't encourage doing it, yet I'd never stop them.

[gabbie2010]

It is true that some people have become rich through crypto trading in the recent times. But considering the high risk involved in trading, do you think it's proper/wise to trade with borrowed funds as your capital irrespective of your trading experience?

Borrowing fund to trade is highly risky, this is a worst decision to be taken, instead secure your fund from other sources like salary and grow the fund via trading because in trading nothing is guaranteed experience traders do make mistakes imagine losing huge borrowed fund via trading, meanwhile there are some fraudulent traders who flaunt their fake profits on social media in a bid to entice newbies in subscribing to their channels or paid signals thus prompting some of these newbies to go and borrow fund to trade, please don't get carried away with those traders who faked themselves as rich traders.

[Renampun]

It is true that some people have become rich through crypto trading in the recent times. But considering the high risk involved in trading, do you think it's proper/wise to trade with borrowed funds as your capital irrespective of your trading experience?

making a profit from trading is not an easy matter, it takes confidence - skill and also resilience in order to be able to survive amidst the onslaught of FUD that continues to circulate in the market. and in the case of making a loan for trading capital - it's actually just the fastest way to try to make a profit from the market, a lot of traders have tried that and they managed to make a profit and even returned their loan.

It was not really a good start in trading using funds not from your own pocket but from others (borrowed money). It was not advisable but also, but I don't make such an excuse not to take risks and borrow money for as long as we can pay for it on the deadline. It is just like starting a business with borrowed money but as I've said, trading is too risky and has no assurance for returns, especially for beginners that is why I don't encourage doing it, yet I'd never stop them.

I am also like you, I will not forbid people from making borrowed money as trading capital even though it is risky because if the debt is managed properly, it will benefit the borrower. I once borrowed money from my mother to buy bitcoin, then when the value went up 25% I immediately sold it and returned the capital I borrowed from my mother. maybe this is a small part of my story that succeeded in managing borrowed money to make profits while trading, maybe there is something more inspiring.

[xSkylarx]

It is true that some people have become rich through crypto trading in the recent times. But considering the high risk involved in trading, do you think it's proper/wise to trade with borrowed funds as your capital irrespective of your trading experience?

If it is okay with you to pay your loan on a monthly basis, even if your money just disappeared in a short period of time, and you haven't enjoyed spending it? If your answer is yes, then take a risk; if not, then you need to save some money so that you can use it in trading. It would be difficult to loan money when we are just using it for a risky investment like trading, as it could be easily lost. However, there are risk-taking people who do not have capital to trade; they usually borrow money, and sometimes they really know what they are doing, so it brought to them good results and having profits, whereas others who are just trading for hype and borrowed some money they will lose money in the long run. 

[virasisog]

It is true that some people have become rich through crypto trading in recent times. But considering the high risk involved in trading, do you think it's proper/wise to trade with borrowed funds as your capital irrespective of your trading experience?

Only a few percent of people who borrowed funds got rich in crypto trading because we all know how risky trading is and the possibility of losing is too huge. If ever you want to take the risk of borrowing funds for trading, you have to make sure that you're fully equipped with the knowledge and you have the right choice of the coin to trade because if not, you might lose your borrowed funds which might just result to the worst-case scenario.

[tvplus006]

...I once borrowed money from my mother to buy bitcoin, then when the value went up 25% I immediately sold it and returned the capital I borrowed from my mother. maybe this is a small part of my story that succeeded in managing borrowed money to make profits while trading, maybe there is something more inspiring.

I think you were just lucky and you made a profit when there was a bull market. And what would happen if the price of bitcoin dropped and several years passed before it returned to its previous value? But in any case, you would have an advantage over those who borrowed money from the bank, because your mother would not be so strict about fulfilling your obligations.

[Hamphser]

It is true that some people have become rich through crypto trading in the recent times. But considering the high risk involved in trading, do you think it's proper/wise to trade with borrowed funds as your capital irrespective of your trading experience?

Its not recommendable but there are people who are really be able to do such thing or simply have able to bare up with the risk or simply they had just made out a dumb decision.Come to think that you are making

use of a fund which arent totally yours or simply you do still need up to repay on due time which is something that i dont really like for it because you would really be getting stressed.
If you do have the other sources for you to repay those loans or borrowed funds then its just fine but if not then its better to make yourself avoid on making up trades from those borrowed amounts.
Its not just worth it, even if you do say that you are a good trader but it wont really be still that enough for you to take up such risks.

[AakZaki]

Borrowing funds without having good trading skills will only add to the problem, when the loan proceeds are used for trading and loss, there will be dependents that must be paid every month or within a certain time.
If someone is borrowing money and they are confident, and professional in trading it will be a good opportunity, but still it will be a bigger risk. it is not recommended to trade using borrowed money.

[Lanatsa]

It is true that some people have become rich through crypto trading in the recent times. But considering the high risk involved in trading, do you think it's proper/wise to trade with borrowed funds as your capital irrespective of your trading experience?

Its not recommendable but there are people who are really be able to do such thing or simply have able to bare up with the risk or simply they had just made out a dumb decision.Come to think that you are making

use of a fund which arent totally yours or simply you do still need up to repay on due time which is something that i dont really like for it because you would really be getting stressed.
If you do have the other sources for you to repay those loans or borrowed funds then its just fine but if not then its better to make yourself avoid on making up trades from those borrowed amounts.
Its not just worth it, even if you do say that you are a good trader but it wont really be still that enough for you to take up such risks.

We know that there's no perfect trader and i agree that even if you do have the skills or even trying to claim yourself that you are a good and profitable trader then it would be just good if you do just need to start up from small capital and making out some compounded profits until you do make those capital much more bigger rather than on making yourself on getting some loan or borrowing up money into someone just to make up some capital from your trading activity.It cant really give out that kind of peace of mind but rather it would really be generating some stress because behind you would be thinking that you do need to make
profit just for you to repay your loans and this is something that will really be affecting your efficiency when you do make up some trades which it would really be a bad idea imho.

[Yawa2020]

It is true that some people have become rich through crypto trading in the recent times. But considering the high risk involved in trading, do you think it's proper/wise to trade with borrowed funds as your capital irrespective of your trading experience?

Irrespective of your trading experience whether amateur or professional I would advise you not to trade with borrowed money. Look for a way and source for your capital yourself. If you lose the money, at least no one will come and ask you to pay them their money but the story will be different if you use borrowed money to trade and everything vanished.