mich
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September 23, 2024, 06:34:08 AM |
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Well if we invest all of our fiat then there is a chance we can lose all of the investment. It is important for us investors to only invest what we can afford to lose if it does happen like this. And not to take out loans to invest in crypto. It is just so volatile so anything can happen. And then that loan we have can be worth more then it was if the price of the coins drop big. Trading crypto just by itself is very risky. It is not for everyone. And we must have alot of patience if we want to make big profits in the far future.
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Egii Nna
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September 23, 2024, 06:45:59 AM |
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I know a lot of people tend to view trading not in the appropriate way because I see no reason why you will go and take a loan just for the sake of trading altcoin. It is not encouraging at all because why will you borrow money based on a probability that you are not sure you will succeed? There is no point in that. because most of the time those that usually take such decisions to borrow money in order to trade are those that have less knowledge on it because if really you have a lot of knowledge about trading aspects, you will also know that it is very wrong for you to borrow money just to trade because it is very risky and can also lead to a great regret.
Ambition is allowed, but must be good at navigation. If not, the risk of default is in sight. Temporary loans are considered quite good to do, especially if the potential coin is dropping in price, but every request we have submitted, of course, has a repayment deadline too. If the repayment deadline can be worked around with the lender, I think it's okay to wait for the market price to rise again if not, only disputes will occur. That is where the problem of the loan will definitely start from because you, as a lender, can’t give a loan and wait for the borrower to get profit in the market before he/she can pay you back your money. You need to maintain the agreement that you made to collect your money that you lend out in time. So I don’t think you will like to take it easy on someone that borrowed money to trade alt coins and ended up losing. Then you will try to give him more time so that he will be able to pay you back some of these alt coins if they dump; they hardly rise again, so what did you expect from that? You, as a lender. To me, I don’t think it is even a nice idea to take a loan just for the sake of trading alt coins.
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FortuneFollower
Copper Member
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September 23, 2024, 07:24:34 AM |
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I know a lot of people tend to view trading not in the appropriate way because I see no reason why you will go and take a loan just for the sake of trading altcoin. It is not encouraging at all because why will you borrow money based on a probability that you are not sure you will succeed? There is no point in that. because most of the time those that usually take such decisions to borrow money in order to trade are those that have less knowledge on it because if really you have a lot of knowledge about trading aspects, you will also know that it is very wrong for you to borrow money just to trade because it is very risky and can also lead to a great regret.
Ambition is allowed, but must be good at navigation. If not, the risk of default is in sight. Temporary loans are considered quite good to do, especially if the potential coin is dropping in price, but every request we have submitted, of course, has a repayment deadline too. If the repayment deadline can be worked around with the lender, I think it's okay to wait for the market price to rise again if not, only disputes will occur. That is where the problem of the loan will definitely start from because you, as a lender, can’t give a loan and wait for the borrower to get profit in the market before he/she can pay you back your money. You need to maintain the agreement that you made to collect your money that you lend out in time. So I don’t think you will like to take it easy on someone that borrowed money to trade alt coins and ended up losing. Then you will try to give him more time so that he will be able to pay you back some of these alt coins if they dump; they hardly rise again, so what did you expect from that? You, as a lender. To me, I don’t think it is even a nice idea to take a loan just for the sake of trading alt coins. You are totally right. And lenders can be not so kind afterward. It's risky and should be considered the final-straw option, in my opinion.
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liasbaa
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September 23, 2024, 10:06:32 AM |
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I know a lot of people tend to view trading not in the appropriate way because I see no reason why you will go and take a loan just for the sake of trading altcoin. It is not encouraging at all because why will you borrow money based on a probability that you are not sure you will succeed? There is no point in that. because most of the time those that usually take such decisions to borrow money in order to trade are those that have less knowledge on it because if really you have a lot of knowledge about trading aspects, you will also know that it is very wrong for you to borrow money just to trade because it is very risky and can also lead to a great regret.
Ambition is allowed, but must be good at navigation. If not, the risk of default is in sight. Temporary loans are considered quite good to do, especially if the potential coin is dropping in price, but every request we have submitted, of course, has a repayment deadline too. If the repayment deadline can be worked around with the lender, I think it's okay to wait for the market price to rise again if not, only disputes will occur. Loans are risky if the only way out of them is to get the odds towards only one possibility. It doesn't go that way usually. Trade with what you are willing to spend, and don't think that taking a loan to get the potential for your trading positions is only gloom - it can also become doom without the proper analysis and risk-management. Investors should avoid the tendency to take loans as crypto investment is a risky area and it is better to use your savings or discretionary income as much as possible. Capital raised through debt doubles your investment risk.
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Fredomago
Legendary
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Activity: 3150
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
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September 23, 2024, 11:47:33 AM |
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I know a lot of people tend to view trading not in the appropriate way because I see no reason why you will go and take a loan just for the sake of trading altcoin. It is not encouraging at all because why will you borrow money based on a probability that you are not sure you will succeed? There is no point in that. because most of the time those that usually take such decisions to borrow money in order to trade are those that have less knowledge on it because if really you have a lot of knowledge about trading aspects, you will also know that it is very wrong for you to borrow money just to trade because it is very risky and can also lead to a great regret.
Ambition is allowed, but must be good at navigation. If not, the risk of default is in sight. Temporary loans are considered quite good to do, especially if the potential coin is dropping in price, but every request we have submitted, of course, has a repayment deadline too. If the repayment deadline can be worked around with the lender, I think it's okay to wait for the market price to rise again if not, only disputes will occur. Loans are risky if the only way out of them is to get the odds towards only one possibility. It doesn't go that way usually. Trade with what you are willing to spend, and don't think that taking a loan to get the potential for your trading positions is only gloom - it can also become doom without the proper analysis and risk-management. Investors should avoid the tendency to take loans as crypto investment is a risky area and it is better to use your savings or discretionary income as much as possible. Capital raised through debt doubles your investment risk. This needs to be taken, as you mentinoned loan money will adds up to a pressures especially if you are just a beginner, better to use spare money or part of your savings which you can let go in case things won't turned to your favor, there are risk managements that you need to work and better analysis should be consider before placing your investment, and the best thing is you always have alternative options to avoid losing everything.
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dunfida
Legendary
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September 23, 2024, 07:25:57 PM |
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I know a lot of people tend to view trading not in the appropriate way because I see no reason why you will go and take a loan just for the sake of trading altcoin. It is not encouraging at all because why will you borrow money based on a probability that you are not sure you will succeed? There is no point in that. because most of the time those that usually take such decisions to borrow money in order to trade are those that have less knowledge on it because if really you have a lot of knowledge about trading aspects, you will also know that it is very wrong for you to borrow money just to trade because it is very risky and can also lead to a great regret.
Ambition is allowed, but must be good at navigation. If not, the risk of default is in sight. Temporary loans are considered quite good to do, especially if the potential coin is dropping in price, but every request we have submitted, of course, has a repayment deadline too. If the repayment deadline can be worked around with the lender, I think it's okay to wait for the market price to rise again if not, only disputes will occur. Loans are risky if the only way out of them is to get the odds towards only one possibility. It doesn't go that way usually. Trade with what you are willing to spend, and don't think that taking a loan to get the potential for your trading positions is only gloom - it can also become doom without the proper analysis and risk-management. Investors should avoid the tendency to take loans as crypto investment is a risky area and it is better to use your savings or discretionary income as much as possible. Capital raised through debt doubles your investment risk. This needs to be taken, as you mentinoned loan money will adds up to a pressures especially if you are just a beginner, better to use spare money or part of your savings which you can let go in case things won't turned to your favor, there are risk managements that you need to work and better analysis should be consider before placing your investment, and the best thing is you always have alternative options to avoid losing everything. The primary rule when it comes to investing on which it isnt really just that limited to trading but also in other investments as well on which never ever make that consideration on taking up some loan just for you to deal up with some investment. Although there would really be some considerations or moments on which loan money will really be your last resort and something relevant on which of course this is something that will really be making up some offline business or investment on which you do seem that does have the potential but just like been said that taking up some loans just for the sake of investment isnt really that recommended as much as possible. If you do have that money to spare or invest then to the amount which is available then this is something that you should make use. Investing will really be that accompanied by risks on which its really that common that you should really be that considerate on taking up such risks on which of course it doesnt really have have some assurance but it will really be giving out at least on the chance on hitting up that kind of profit goal on which we do know that nothing changes if you wont really be doing any action or any steps towards this kind of stuff. Invest on what you can afford to lose.
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shawonngp
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Buzz App - Spin wheel, farm rewards
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September 24, 2024, 05:19:57 PM |
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I have seen people sell their properties just because they want to trade, which doesn’t make sense, if you want to be a trader, then trade with what if you lose it’s not really going to affect it. When some people lose in trading, it does end up causing some health problems to them, and I have heard it before that a young guy committed suicide after losing everything he has to trading. If we want to be traders, make sure we use a small amount of money from our savings to trade, then with time, the account can be grown, maybe after making profits, we should have some percentage that we will withdraw from our profit.
I don't think it's a problem if they sell their property just for trading. if they are confident that trading can double their investment than invest to property, then there it no harm in continuing it as long as they don't use their family money. The problem is many people thing to trading by sell his property where that house owned by many people like family. so when he loses and spent all his capital, their family want return the demands. I am planning to sell my house now, because I feel that investing in a house it's does not give me maximum profit than trading on crypto. I just calculated it and want to realize it before Bullrun begin. Of course there a big problem; because we all know trading is how risky investment, so it will be just foolishness for someone to invest in trading but sell his property, because trading sometimes like gambling if trade will beginner, so in that case everything will lose, it's not guarantee that money will double in trading, so this people can homeless if will loss everything.
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stomachgrowls
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September 24, 2024, 06:34:01 PM Last edit: September 24, 2024, 06:45:55 PM by stomachgrowls |
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I have seen people sell their properties just because they want to trade, which doesn’t make sense, if you want to be a trader, then trade with what if you lose it’s not really going to affect it. When some people lose in trading, it does end up causing some health problems to them, and I have heard it before that a young guy committed suicide after losing everything he has to trading. If we want to be traders, make sure we use a small amount of money from our savings to trade, then with time, the account can be grown, maybe after making profits, we should have some percentage that we will withdraw from our profit.
I don't think it's a problem if they sell their property just for trading. if they are confident that trading can double their investment than invest to property, then there it no harm in continuing it as long as they don't use their family money. The problem is many people thing to trading by sell his property where that house owned by many people like family. so when he loses and spent all his capital, their family want return the demands. I am planning to sell my house now, because I feel that investing in a house it's does not give me maximum profit than trading on crypto. I just calculated it and want to realize it before Bullrun begin. Of course there a big problem; because we all know trading is how risky investment, so it will be just foolishness for someone to invest in trading but sell his property, because trading sometimes like gambling if trade will beginner, so in that case everything will lose, it's not guarantee that money will double in trading, so this people can homeless if will loss everything. Selling something or any property or possession just because you are planning to have some capital in trading then this is really a decision which is really just that too much. As much as possible you should really be that making use of an amount that you can afford to lose. Make out some incremental increase if you have seen yourself that being having some progress when it comes to profitability. Cant really be denied that when you do have that bigger capital then the potential profits that you could get is really that much more bigger or better. This is why some people will really be that rushing up into their decisions on trying out to make use of bigger capital because of this kind of thinking on which this is really that a careless approach. On the moment that you do gain up sufficient experience and awareness then those insights would changed up overtime. When doing trading then its true that it could be gambling sometimes on which on the moment that you dont really know on what you are doing then it will really be something that will be putting up you in trouble. Investing or putting up some money in trading wont really be guarantee that it could make out profits on which it will always be determining on how well you do make up some trades. There would really be tons of factors that affects out your profitability on which it will really be just that wise that you should really be mindful on every steps that you are making and of course risks management will really be that crucial.
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Zanab247
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September 24, 2024, 08:00:31 PM |
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Well if we invest all of our fiat then there is a chance we can lose all of the investment. It is important for us investors to only invest what we can afford to lose if it does happen like this. And not to take out loans to invest in crypto. It is just so volatile so anything can happen. And then that loan we have can be worth more then it was if the price of the coins drop big. Trading crypto just by itself is very risky. It is not for everyone. And we must have alot of patience if we want to make big profits in the far future.
I will never advise anyone to invest all in crypto, because anything can happen that will make your family members to need your financial support or you need money to solve the issue without trading your crypto to get the money to solve the issue. When you invest what you can afford to lose in crypto trading, it will help you to stay long in your trading to earn profits that will make you feel an expert in trading because once you become an expert in crypto trading, it will make other traders to follow your steps to become an expert in the future because they have seen some positive results from your trading. The loan worked for Mr A in crypto trading doesn't mean it will work for Mr B, so try your best to save some money that will make you to be bold to investin in crypto and hodl for the price to pump before you can trade, and it will help you to save enough money that will turn you to millionaires in the future.
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syedakhlaque
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September 25, 2024, 06:13:28 PM |
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Trading is done under certain rules and regulations. Capital investment is also done keeping in mind certain rules and regulations. Some principles should be adopted into consideration and taken care of in the investment of your capital. Do not sink all your capital in a hurry. And which you will regret later. but it is also said rightly said that "No risk No gain". The person those have the courage to take risk often are successful. But after all of this, This is not a wise man task to invest all of your capital. But should save something for difficult time.
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Mame89
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September 25, 2024, 08:04:01 PM |
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Trading is done under certain rules and regulations. Capital investment is also done keeping in mind certain rules and regulations. Some principles should be adopted into consideration and taken care of in the investment of your capital. Do not sink all your capital in a hurry. And which you will regret later. but it is also said rightly said that "No risk No gain". The person those have the courage to take risk often are successful. But after all of this, This is not a wise man task to invest all of your capital. But should save something for difficult time.
The adage is true, when we dare to take risks or get out of our comfort zone, we are likely to get benefits. However, the adage will work if we have proven knowledge and experience in investing. The point is, sometimes we have to be brave but with careful calculation. Yes. Every investment and trading, there must be rules that we must not violate. When deciding between saving and investing, it is important to understand the purpose of both. Saving is for short-term goals and emergencies, while investing is for long-term growth. Because one way to minimize anxiety when investing in the crypto market is to make sure you have cash reserves before investing in the market, and never put all your money in one basket.
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Z_MBFM
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September 25, 2024, 09:06:21 PM |
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Trading is done under certain rules and regulations. Capital investment is also done keeping in mind certain rules and regulations. Some principles should be adopted into consideration and taken care of in the investment of your capital. Do not sink all your capital in a hurry. And which you will regret later. but it is also said rightly said that "No risk No gain". The person those have the courage to take risk often are successful. But after all of this, This is not a wise man task to invest all of your capital. But should save something for difficult time.
yes this is the real world that if you not ek d risk you will not able to gain. but always you have to take that responsibility of your investment. because your money is only for your if you invest but trade any amount without any responsibility then definitely you will lost your fund and after that you get panic and make some wrong decision again and again. emotion is a big factors on trading or gambling. when you emotion influence you every time you trade. that's why DCA is the best strategy to invest on cryptocurrency or any others sectors. and my strategy is to invest 10 to 30% once on the single investment. I think this will help me to protect my big loss and control my emotion
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Fredomago
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Leading Crypto Sports Betting & Casino Platform
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September 25, 2024, 10:48:05 PM |
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Trading is done under certain rules and regulations. Capital investment is also done keeping in mind certain rules and regulations. Some principles should be adopted into consideration and taken care of in the investment of your capital. Do not sink all your capital in a hurry. And which you will regret later. but it is also said rightly said that "No risk No gain". The person those have the courage to take risk often are successful. But after all of this, This is not a wise man task to invest all of your capital. But should save something for difficult time.
yes this is the real world that if you not ek d risk you will not able to gain. but always you have to take that responsibility of your investment. because your money is only for your if you invest but trade any amount without any responsibility then definitely you will lost your fund and after that you get panic and make some wrong decision again and again. emotion is a big factors on trading or gambling. when you emotion influence you every time you trade. that's why DCA is the best strategy to invest on cryptocurrency or any others sectors. and my strategy is to invest 10 to 30% once on the single investment. I think this will help me to protect my big loss and control my emotion You should always take that into consideration before stepping inside investment, those kinds of strategy will lessen the chance of losing all your money, most of those who took a big risk of investing all in are those who are new to this business or those who are really willing to let go, but those who got plans and understand the possibilities they always have alternative plans and diversions of their assets, not all will take that big risk and make thier investment in just one asset and risk their money.
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kingvirtus09
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OrangeFren.com
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September 26, 2024, 05:11:29 AM |
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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!
I think that if your friend really took a loan, he probably didn't put all the money he borrowed into trading. Also, if he invests all the funds he borrowed in trading and he has extensive knowledge in trading that he knows he can grow the fund, I think that's fine. But if he still lacks knowledge in trading, he will put it in the exchange; that is not ideal and a good way to grow and get profit. And if I had an understanding of trading, I would not have invested all the money I owed in trading.
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Unity for Humanity
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September 26, 2024, 07:53:19 AM |
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One should always invest with that amount of money which loss will not have any bad effect on life. If investing all our money in a crypto platform then I would say it would be the biggest wrong decision for us. If you invest here, there is no guarantee of return of money, so why invest all the money here and create the possibility of your own financial deterioration. Even those who have minimal understanding of investing will advise investors not to invest all their money.
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fikrett
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September 26, 2024, 08:05:31 AM |
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One should always invest with that amount of money which loss will not have any bad effect on life. If investing all our money in a crypto platform then I would say it would be the biggest wrong decision for us. If you invest here, there is no guarantee of return of money, so why invest all the money here and create the possibility of your own financial deterioration. Even those who have minimal understanding of investing will advise investors not to invest all their money.
Totally. It's essential to use only the money you are willing to spend on anything you consider profitable in the long run. Many things can go wrong, but we should remain responsible nevertheless.
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GeorgeJohn
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September 26, 2024, 08:41:12 AM |
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Some even go as far as getting loans , borrowing from friends so they could trade, or invest in some altcoins.. I do condemn the act of borrowing funds to trade, because trading is all about risk and you need to take adequate measures when you're trading knowing that risk of trading is not measurable, you can lost out what you borrowed within short time you trade, for me it's better you used your earned money to trade so that when you lose it will not have much effect on you The same apply to other things like sports betting, gambling and all of them. gambling is totally different from trading, because the chances of you loss very well in gambling is 100% available, because its not a skill, why in trading you can recover it, and you can equally amend the you lose in trading, but what I can't encourage you to do when you're not active trader is not to lend, because trading or gambling, the risks involved in them is too expensive, ensure that in trading whatever you are using to trade you can afford lose it.
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fikrett
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September 26, 2024, 10:38:09 AM |
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Some even go as far as getting loans , borrowing from friends so they could trade, or invest in some altcoins.. I do condemn the act of borrowing funds to trade, because trading is all about risk and you need to take adequate measures when you're trading knowing that risk of trading is not measurable, you can lost out what you borrowed within short time you trade, for me it's better you used your earned money to trade so that when you lose it will not have much effect on you. I agree, it's risky, to say the least, it's better yet to only use the funds you are willing to spend while trading. Your sessions should be with your money only. Otherwise, it can end badly pretty quickly.
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bigmanik
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September 27, 2024, 03:09:40 AM |
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Well I'm not going to deny the fact that I once did this I borrowed alot of money from my friends to trade because I had this mentality that I could surely flip the money I even went as far as telling them that I would pay them back the following week with interest I really don't know what gave me that courage I was just so naive and didn't understand properly how risky trading actually is That's why I would always advise any one new ro trading to trade with the amount they can afford to loose don't trade with a money that is needed to pay a bill urgently or money needed for a particular expense if you do that you might just end up loosing it all And the thing about trading with your free money is that you are more relaxed and you are less prone to making irrational behaviour unlike trading with a money that was borrowed Where you panic over small losses and don't actually take rational decisions Well this is my opinion I'm open to correction
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Dewi Aries
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September 27, 2024, 03:44:29 AM |
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One should always invest with that amount of money which loss will not have any bad effect on life. If investing all our money in a crypto platform then I would say it would be the biggest wrong decision for us. If you invest here, there is no guarantee of return of money, so why invest all the money here and create the possibility of your own financial deterioration. Even those who have minimal understanding of investing will advise investors not to invest all their money.
Of course, and this is the reason why many people say that try to always use the amount of money that you can really afford to be responsible for if it turns out that at certain times the amount of money decreases due to fluctuations in the nature of the market, the opportunity for profit is indeed wide open but the possibility of loss will also always follow the accumulation of investment assets that you do. Many people also say and suggest not to use borrowed money as investment funds, or use the amount of money that you think you will use for a need in the future, and the point is to use money that is not used for anything, because that way your mentality and psychology will not be too disturbed when the amount of money is reduced at any time due to the nature of the market.
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