Don't invest your all!

[Gooner0]

Good day everyone on this beautiful forum.
We all know how trading can be for everyone , everyone is there to make profits (money) , but the fact some people can go to length in using all they've ever had to trade is mesmerizing!.
Some even go as far as getting loans , borrowing from friends so they could trade, or invest in some altcoins..
The same apply to other things like sports betting, gambling and all of them.

I had a friend who took a loan from the company he works for , about 30,000, which would then be deducted from his initial salary.
He then went on to use this money to trade , now psychologically he was just not ready for it because his whole mindset was just about making a huge amount of money that he ended up loosing everything.
So my advice to people who hurrily invest and use all the have is that the market is never running away.
Do not stake your all! Be patient follow guidelines, learn how to trade safely , thank you!

[milewilda]

I had a friend who took a loan from the company he works for , about 30,000, which would then be deducted from his initial salary.

Taking up a loan just for you to trade is never been ideal or something that will really be that recommended on doing so. Its true that there's no way that the market will really running away.
If you would really be trying out to chase up then it would really be that prone into tons of errors. We do know that when it comes into this aspect then it would really be that ideal
that you should really just that invest on the amount on which you can afford to lose. Never ever make yourself having this kind of mindset because on the moment that the market would
really be going into the opposite direction then you would really be that bringing out that kind of disappointment and the worst that since those amount is a loaned one then it do really make things even more worst or
problematic. This is why it would really be that recommended that you shouldnt really be going into that option.

Invest on what you can afford to lose and never ever make having that kind of all in kind of behavior on the time that you would really be dealing up with trading.
Invest on something that you do able to afford to lose because this market doesnt really give out that assurance about being profitable. There's always chance
that you would really be busted up specially on the time that the market will be making out those opposite direction.

[Rruchi man]

Some even go as far as getting loans , borrowing from friends so they could trade, or invest in some altcoins..

Individuals would take loans to gamble have not been properly informed of the risk involved in trading; otherwise, if they were properly aware of the risk involved in trading, they would not attempt to make themselves indebted when their trading skill was not yet mature enough to give them the confidence that they could trade profitably to pay back the loans.

With good trading skills, it is very possible to flip a small trading account with a small deposit into something bigger. With poor trading skills, even if you invest a huge amount of money to trading, there is no guarantee of success.

[Zaguru12]

Individuals would take loans to gamble have not been properly informed of the risk involved in trading; otherwise, if they were properly aware of the risk involved in trading, they would not attempt to make themselves indebted when their trading skill was not yet mature enough to give them the confidence that they could trade profitably to pay back the loans.

The thing is even when people are been forewarned of the risk involved in trading they do not yield to this advice and they simply go ahead to borrow money to invest. The thing is people actually take the risk of losing in trading as simply one not having the knowledge to trade only but it is beyond that. If we look at it even investing is less risky than trading but still one is not advised to gamble on that.

With good trading skills, it is very possible to flip a small trading account with a small deposit into something bigger. With poor trading skills, even if you invest a huge amount of money to trading, there is no guarantee of success.

I will beg to differ that it is ok for even a professional to actually borrow funds to trade, it is still very much out of question because the risk still remains and that’s why you see experience traders warning of even collecting funds from people to trade for them because the market doesn’t know any professional trader. With borrowed funds you have your psychology low because you will be scared of losing and bent on making profit fast, and that’s why you take trades which are not good set ups or go against your trading plan

[tranthidung]

Do not stake your all! Be patient follow guidelines, learn how to trade safely , thank you!

You are changing in your post from invest to trade, that means you are confusing two terms or don't know you are invest or trade.

With investment or trading, the common principle is only do it with what you afford to lose.
By this principle, you should never use all money you have for either investment or trading. This is a very risky practice which should be avoided because by using all money for one thing, you might lose it all at only one failed investment or failed trading.

Invest or trading, always reserve a part of your capital, to use in daily life and to deal with emergency that can come to you anytime.

[Awaklara]

I had a friend who took a loan from the company he works for , about 30,000, which would then be deducted from his initial salary.

what can be said to your friend is crazy. As a beginner in trading must also know that trading has profit and loss. and without sufficient skills and knowledge, your friend dares to take greater risks. he is ready to not be paid in some of his jobs for stupid trades.
trading can be safe and done well when it is following ability. if capital alone must be borrowed, it means that the trader does not have the ability to trade from the start. he is forcing himself, or maybe gambling with his luck.

[AYOBA]

Good day everyone on this beautiful forum.
We all know how trading can be for everyone , everyone is there to make profits (money) , but the fact some people can go to length in using all they've ever had to trade is mesmerizing!.
Some even go as far as getting loans , borrowing from friends so they could trade, or invest in some altcoins..
The same apply to other things like sports betting, gambling and all of them.

All those peoples that you see are talking a loan to gamble, sports bet, trading and investment etc. those kinds of people are not plan to be on the trading for long time because a professional that knows his self will know go and take loan or borrowing money from friends to use it trading or gamble what if you lose everything both the capital and the gained what is going to tell those that he took a loans from? That’s is why is good to not involve ourselves in all this kind things.

They say that where there’s newbie they’re always differences and quickly identify themselves, if not how will I using all what I ever left to put them in trading or is it that their not think of the risks that is included or the lack of the knowledge that they didn’t seek for  before they jumped into trading?

[AVE5]

It's unfortunate that he lost the loaned funds on the run of making profit. Beginners actually fails to enquire from persons who had been in the industry before then before taking a step on investing or trading because they'd be needed to figure the perfect coins to match their goal in the crypto market and also the essential knowledges to be acquired before keying in to the market.
They just think it's common to bump into the market and start making profits undermining the the risk factors involved.
Failure for newbies to study the crypto markets before investing their funds as this inexperienced newbie who has lost it all are part of persons who chills by the corner in sabotaging the image of cryptocurrencies that it's not legit just because they could not play their cards smartly while they keep to loose.

[Nrcewker]

I would suggest trade only if you have time. Otherwise, if you are an occasional trader, then it’s better to quit trading and shift to investing. Trading requires time and concentration; if you don’t have both, then it’s better to play safe and switch to investing. Going all in is never a wise option. Trading is always like gambling with low risk; hence some luck factor is involved here. Hence, you need to split your money into multiple earning options and don’t completely rely on trading. I would suggest trading with a good amount at first. Once you have enough profits from it, use those profits to trade further. Use the method of compounding and grow your money in trading.

[crwth]

You know that you shouldn't always put all your assets in one basket and this is to make sure that you won’t lose everything if it doesn’t go your way. The best way to prevent this to have risk management and if you are taking a loan just for this, Make sure that you have a way to pay it if it doesn’t go the right direction that you want.

Indeed, it’s always going to be like that. Risk management is going to be the key to preserving money.

[Wapfika]

I had a friend who took a loan from the company he works for , about 30,000, which would then be deducted from his initial salary.
He then went on to use this money to trade , now psychologically he was just not ready for it because his whole mindset was just about making a huge amount of money that he ended up loosing everything.
So my advice to people who hurrily invest and use all the have is that the market is never running away.
Do not stake your all! Be patient follow guidelines, learn how to trade safely , thank you!

A salary deduction is not his all. He can possibly earn huge profit if he will just buy and hold Bitcoin using the loan money. He is actually doing good if he will not trade recklessly on some random shitcoins since he is paying slowly his loan using his salary which is not in pressure payment terms.

Again the story that share is not his all but the moral of the story is correct since investment should always be separated to your retirement plans. Just invest only part of your money without touching your retirement funds since there’s always a risk on investment while retirement should always be guaranteed.

[Oshosondy]

Your advice is good.

Good day everyone on this beautiful forum.
We all know how trading can be for everyone , everyone is there to make profits (money) , but the fact some people can go to length in using all they've ever had to trade is mesmerizing!.
Some even go as far as getting loans , borrowing from friends so they could trade, or invest in some altcoins..
The same apply to other things like sports betting, gambling and all of them.

Your topic title is about people not to invest all their money but your post is about people should not use all their money to trade. Investing and trading are not the same. Trading is very risky but investing on good coins can be good if done at the right time. But some coins a shit and they will also cause loss if invested on.

I had a friend who took a loan from the company he works for , about 30,000, which would then be deducted from his initial salary.
He then went on to use this money to trade , now psychologically he was just not ready for it because his whole mindset was just about making a huge amount of money that he ended up loosing everything.
So my advice to people who hurrily invest and use all the have is that the market is never running away.
Do not stake your all! Be patient follow guidelines, learn how to trade safely , thank you!

Do you know that some people do not know about trading but they are just using trading to gamble? Trading is very risky. I guess your friends gambled with trading which result to the significance loss.

[ndutndut]

Good day everyone on this beautiful forum.
We all know how trading can be for everyone , everyone is there to make profits (money) , but the fact some people can go to length in using all they've ever had to trade is mesmerizing!.
Some even go as far as getting loans , borrowing from friends so they could trade, or invest in some altcoins..
The same apply to other things like sports betting, gambling and all of them.

I had a friend who took a loan from the company he works for , about 30,000, which would then be deducted from his initial salary.
He then went on to use this money to trade , now psychologically he was just not ready for it because his whole mindset was just about making a huge amount of money that he ended up loosing everything.
So my advice to people who hurrily invest and use all the have is that the market is never running away.
Do not stake your all! Be patient follow guidelines, learn how to trade safely , thank you!

Usually when we want to trade we are required to avoid trading using all the money we have, well he started trading by borrowing and was willing to have his salary cut just for trading that did not guarantee profit, let alone not having sufficient understanding of trading, of course this is a big mistake. With knowledge and experience alone we are expected not to take loans in investing because it will be very risky, the risk is even doubled, loss and debt must be paid off.

Improving the standard of living by borrowing is stupidity, remember trading does not necessarily guarantee success but installments are certain. Trading initially has minimal problems, so it will be more problematic if trading with debt. Debt is good for business, but we also have to study it well, but not in trading which is full of risk.

Advice for your friends. It is better not to take loans, just save for investment or you can also use the dca method for long-term investment.

[Oilacris]

Good day everyone on this beautiful forum.
We all know how trading can be for everyone , everyone is there to make profits (money) , but the fact some people can go to length in using all they've ever had to trade is mesmerizing!.
Some even go as far as getting loans , borrowing from friends so they could trade, or invest in some altcoins..
The same apply to other things like sports betting, gambling and all of them.

I had a friend who took a loan from the company he works for , about 30,000, which would then be deducted from his initial salary.
He then went on to use this money to trade , now psychologically he was just not ready for it because his whole mindset was just about making a huge amount of money that he ended up loosing everything.
So my advice to people who hurrily invest and use all the have is that the market is never running away.
Do not stake your all! Be patient follow guidelines, learn how to trade safely , thank you!

Going all in is never been good, whether:
You are doing trading
You are doing gambling
You are doing investment
You are doing something that needs up some risks or simply involves money.

Always consider that risks management whenever you do make out such dealings. You should really be that mindful on the risks involved because if you would really be that too careless
when it comes to decisions then it wouldnt really be so shocking that you would really be prone into tons of possible losing trades just because you arent that planning that much
careful specially when handling into your capital because this is where people do usually mess up their lives on the time that they would really be having that kind of
careless actions in towards their dealings with things.

[ajiz138]

Does your friend who started with a small capital can be profitable then think in large amounts can profit even more? Especially with such a large amount of borrowed money, I don't even think your friend is thinking about the risks in trading if only thinking about the profits that exist is a loss at the end because he doesn't do risk management.

He must be stressed, depressed after losing his money or maybe he did not do spot trading but high leverage futures trading and when the market crashed a few weeks ago, your friend lost and lost everything.

So crypto trading is full of risks and must know the consquences, never use hot ones whatever it is including borrowed money then if the loss must bear all of it.

[Natalim]

Some even go as far as getting loans , borrowing from friends so they could trade, or invest in some altcoins..

Individuals would take loans to gamble have not been properly informed of the risk involved in trading; otherwise, if they were properly aware of the risk involved in trading, they would not attempt to make themselves indebted when their trading skill was not yet mature enough to give them the confidence that they could trade profitably to pay back the loans.

With good trading skills, it is very possible to flip a small trading account with a small deposit into something bigger. With poor trading skills, even if you invest a huge amount of money to trading, there is no guarantee of success.

I certainly agree. Only those who are not aware of the risks involved are the ones who suicide to trade with all their hard-earned money or even borrowed money from loans. They come to think that trading is a get-rich-quick and that once they trade with all they have, regardless of their knowledge and skills, they will definitely end up with massive profits. But we all know trading is never easy as that. It takes more losses first before you will learn and gain your right strategy so you can make your trading right and profitable.

[SamReomo]

I had a friend who took a loan from the company he works for , about 30,000, which would then be deducted from his initial salary.
He then went on to use this money to trade , now psychologically he was just not ready for it because his whole mindset was just about making a huge amount of money that he ended up loosing everything.

Your friend did very wrong because taking a loan to make money in trading isn't for those people who aren't good traders and who don't understand the volatility of the market. There's no easy money in crypto world and especially in trading.

To be honest, it's not easy to make huge amount of money in crypto market as a trader if you don't understand the market or you may not have a big capital. $30k is a large amount but your friend get controlled by his own greed and that's why he lost everything.

[Issa56]

Good day everyone on this beautiful forum.
We all know how trading can be for everyone , everyone is there to make profits (money) , but the fact some people can go to length in using all they've ever had to trade is mesmerizing!.

Why do you have to trade with everything that you have? We all know how risky trading is, and even if you are a professional trader, then you are going to lose in trade. There is no way loss can be avoided in trading, so trading should be done with any amount that you can afford to lose. Don’t be greedy to increase the amount that you are trading with just for maximum profit, we shouldn’t take unnecessary risks.

Some even go as far as getting loans , borrowing from friends so they could trade, or invest in some altcoins..
The same apply to other things like sports betting, gambling and all of them.

If you are going for a loan to trade or invest, then it’s better that the person have another source of income to pay those loans back in case anything happens. But it’s not really making sense to take a loan to trade with it, trading should be done with the savings that you have, and it shouldn’t be all your savings, just a few percent should be used.

I had a friend who took a loan from the company he works for , about 30,000, which would then be deducted from his initial salary.

Since he can pay back the loan, I don’t have anything against that, and I am sure he won’t really feel it because the money will be deducted from his salary.

He then went on to use this money to trade , now psychologically he was just not ready for it because his whole mindset was just about making a huge amount of money that he ended up loosing everything.

Most people who do have the mindset of making a huge amount of money from trading when they join end up losing.

[Stalker22]

~
Do not stake your all! Be patient follow guidelines, learn how to trade safely , thank you!

Man, what your buddy went through really resonates.  Its wild how greed can take the wheel and muddy up someone's judgment.  I have watched that movie play out one too many times.  Investing, or any type of speculation for that matter, should never amount to betting with your entire life savings (or loans that will haunt your dreams for years to come). 

You are absolutely right.  Having patience pays dividends.  Start small, get the lay of the land, then slowly up your skin in the game as your confidence and knowledge expand.  The market is not going anywhere anytime soon.  No need to try striking it rich quick with some Hail Mary.

[RockBell]

Does your friend who started with a small capital can be profitable then think in large amounts can profit even more? Especially with such a large amount of borrowed money, I don't even think your friend is thinking about the risks in trading if only thinking about the profits that exist is a loss at the end because he doesn't do risk management.

He must be stressed, depressed after losing his money or maybe he did not do spot trading but high leverage futures trading and when the market crashed a few weeks ago, your friend lost and lost everything.

So crypto trading is full of risks and must know the consquences, never use hot ones whatever it is including borrowed money then if the loss must bear all of it.

Starting small is better so that it will be a case that you invest what you can lose so that when you lose money you won't be pained. And the profit might be small, but it is better to be safer and borrow a large amount to invest  is the wrong eat thing to happen, crypto is risky to be using borrowed to trad, why not just gather enough money and invest at your own timing, and even when you are holding for long how do you pay back till you make profit am very sure nobody will agree to grant a loan for a very long time. You will think that you can make quick money and that is why they go ahead to borrow money and invest.

Been unhappy and depressed is not new in crypto and when you invest with your money it will be less depressing than borrowed funds,  and if anyone is investing or wants to trade with borrowed funds, then you should start with spot and not trade with all the funds, at least not using everything will make it less risky and if it does not work is just for you to swap and return the persons money.