Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Osama Sultan on September 07, 2022, 04:08:46 AM
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This is a fact that some new users can borrow money from friends or family for investing in the crypto field or take loan from banks, but this is market and specially crypto market this volatile market doesn't go any specific direction .
Therefore invest those funds that you have reserve in bank which you don't need for 2years .
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Yes, well said we should always be careful while investing and should not take loans to invest in the crypto market as we all know this is a very volatile market. Always use the spare money that you have extra and don't need urgently in the near future because sometimes in this market one has to hold their coins for a long-time to make a profit. Enticed by others earning or investing in others' advice will not help you to make money unless you have knowledge about this market.
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I don't recommend borrowing from a bank to invest in crypto because crypto prices are very volatile and you can't make instant profits. you should use your savings or the money you have allocated to invest so you don't think about when the crypto market enters a bearish season
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We should never be creating a potentially big disaster to ourselves by borrowing money from people around us when investing into crypto and even yes investing into anything. Nobody can be sure of what can be into the future and in an industry that is known to be extremely volatile things can go awry when the market is going south and the value of the coins and tokens in your wallet suddenly plummeted in value - even by as much as -90% which can you are totally whacked!
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This is without a doubt the first rule in the crypto business.
On the other hand, you can only lose 100%, but you can also win 100,000%.
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This statement is true, especially in the crypto space where the risk is exceptionally high. If you are investing in cryptocurrency keep in mind that it's practically gambling since you don't own anything, only the hope that your "abstract" coins will go up in value.
Borrowing money is fine as long as you can calculate the risk vs return, such as in a real business.
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In any case, if a product solves real problems, is in demand on the market, has its own ecosystem-it will definitely succeed!
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This is something that often happens, people borrow money from the bank in large amounts because they are tempted by the news that other people get a lot of profit. This is so wrong, crypto is very volatile and investments should be made with idle money.
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This is a fact that some new users can borrow money from friends or family for investing in the crypto field or take loan from banks, but this is market and specially crypto market this volatile market doesn't go any specific direction .
Therefore invest those funds that you have reserve in bank which you don't need for 2years .
I think it's not good idea , to borrow bank and invest on crypto.
Better We have free money to invest in crypto currency.
Crypto is high volatile and really risky.
I agree with you, Always Invest that you can afford to lose.
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Yeah,I agree with OP always invest that you can afford to lose.
But we should have good analysis to reduce the loss.
I think invest in crypto is do the right time and the right cousnaor tokens.
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This is the basic of investment, investing with your own money, your own free money that you can afford to loose. Taking loans for investment is very not wise and risky. However we still don't know if the investment will be successful or not. Moreover invetsing inn the cyrptocurrency. I will prefer to save some money and make it fr investment than taking loans.
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I do not think that at least half of the investors adhere to this principle. You need to be very rich so that our funds invested in cryptocurrency, but then lost, do not have consequences for the balance of our finances. A significant part of investors invest almost all their free funds in cryptocurrency, and in practice, for those who want to make good profits, this is considered almost the norm. That is why some part admires the cryptocurrency, which allowed them to become more independent financially, while the other part is disappointed in it.
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This is a fact that some new users can borrow money from friends or family for investing in the crypto field or take loan from banks, but this is market and specially crypto market this volatile market doesn't go any specific direction .
Therefore invest those funds that you have reserve in bank which you don't need for 2years .
I think difficult to say, every investors want to gain profit, not for lose.
But we will see lose in crypto currency because crypto currency is unpredictable and no one can predict crypto accurately.
Sometimes we will lose
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the markets, the stock exchanges are unpredictable not only in crypto but also in fiat so we have to invest wisely the rule also applies to gambling, betting invest, use only what you are not afraid of losing the superfluous not the necessary capital
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Perhaps this is one of the rules of the investment journey. Many people have borrowed and are under psychological pressure, they often end up taking profits too soon or losing everything when they make the wrong decision. The crypto market is too risky and if we don't invest with the money we are willing to lose, we will be pent-up and often lose in the psychological battle, then in this market.
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I love crypto. I trust crypto. But what I would not be caught dead doing is borrow money from the bank to invest in a crypto project. Don't get me wrong, I have invested in several projects, but with my crypto, and not borrowed offline funds
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This is a fact that some new users can borrow money from friends or family for investing in the crypto field or take loan from banks, but this is market and specially crypto market this volatile market doesn't go any specific direction .
Therefore invest those funds that you have reserve in bank which you don't need for 2years .
There are many ways to earn here in cryptocurrency. And these ways you can release capital to sell cryptocurrency so you can do actual trading with it. The second is that you can have cryptocurrency without issuing money. How?
I saw a gambling platform, I will not mention the name one of its has features that provide faucets where the free faucets you get can bet on the games that the gambling platform has. Just strategize how you will grow it, although the amount is very small you can grow it as I said.
I was able to grow the XRP I got from the faucets by just 0.01 XRP and I multiply it until I had 163xrp in 5 days of playing, which I didn't have to borrow just to buy cryptocurrency.
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Borrowing money and then using that money for investment is certainly risky, but if the altcoin you buy increases 1000% it will certainly return the capital you borrowed, there is a lot of risk when investing, but we learn from every mistake and always use really safe money , I mean save money, but don't use all your money for investment.
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Borrowing money and then using that money for investment is certainly risky, but if the altcoin you buy increases 1000% it will certainly return the capital you borrowed, there is a lot of risk when investing, but we learn from every mistake and always use really safe money , I mean save money, but don't use all your money for investment.
Borrowing comes with it's own load of risk, the risk associated are multifaceted. Investing what one is willing to loose is an ultimate investment policy, one must do their thorough due diligence before deciding on any investment option.
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This is a fact that some new users can borrow money from friends or family for investing in the crypto field or take loan from banks, but this is market and specially crypto market this volatile market doesn't go any specific direction .
Therefore invest those funds that you have reserve in bank which you don't need for 2years .
Yeah, we should invest in crypto that we can afford to lose. Because crypto is unpredictable and I think investment is manage our fund.
Sometimes we will have profit but also lose.
Be careful.
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TBH, investment has risk, almost all business has risk.
So we should calculate about the lost and profit.
Better to split in several coins or tokens, I think It's good way to reduce the lost.
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I have gained profit and also lost.
I think I agree with OP said, we should have good analysis and perception can afford to lose while invest.
In crypto and other we will see this condition.
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This is a fact that some new users can borrow money from friends or family for investing in the crypto field or take loan from banks, but this is market and specially crypto market this volatile market doesn't go any specific direction .
Therefore invest those funds that you have reserve in bank which you don't need for 2years .
In my opinion, I think crypto currency is more safety for long term investment if you choose potential coins , especially top 10 coins.
Spit your fund in several coins or tokens.
It's more safe for us.
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Yes of course need to invest what you can afford only. Because if you exceed your investment it is so risky to dump your asset. Unless you are so sure to gain no problem to invest much. Market condition is not immortal it is compromise and will surely change.
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Yes, but are we ready to wait for a return on your investment for several years. For many I'm sure not
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It's confusing and also good advice.
always invest that we can afford to lose .
Although we invest because want to gain profit , not for lost
I think we should have good estimation, how much will lost and gain profit.
Because investing is managing our fund
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Yes, but are we ready to wait for a return on your investment for several years. For many I'm sure not
That's true, but some people are too greedy and want big profits.
I am concerned about the situation, but they always have the courage and take risks without doing their due diligence in investing.
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it's a stupid thing to borrow money to invest, if you want to invest I think you have to use minimal money and don't force circumstances, because we don't know when the market will improve and create new highs, speculate early on what we will invest. I don't think it's will give you peace in life
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it's a stupid thing to borrow money to invest, if you want to invest I think you have to use minimal money and don't force circumstances, because we don't know when the market will improve and create new highs, speculate early on what we will invest. I don't think it's will give you peace in life
Cryptocurrency is actually not a place of investment but rather a place to make transactions between buyers and sellers using digital currency and cryptocurrency as an intermediary used as an alternative payment that has easy costs and high speed, so it is certain that price movements will not always go up and definitely will collapse so it is not safe if used for investment.
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This is something that often happens, people borrow money from the bank in large amounts because they are tempted by the news that other people get a lot of profit. This is so wrong, crypto is very volatile and investments should be made with idle money.
I think It's nota good idea, borrow money from banks and buy crypto , It's really risky.
Invest in crypto, we should have free money.
Because crypto is unpredictable.
I agree with OP, invest that you can afford to lose.
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That is one thing I have entirely shied away from : borrowing to invest in crypto. That is a no-no. I don't have an idea why people do that. Its plain hare-brains. Crypto is just too volatile and unpredictable
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That is one thing I have entirely shied away from : borrowing to invest in crypto. That is a no-no. I don't have an idea why people do that. Its plain hare-brains. Crypto is just too volatile and unpredictable
Yeah crypto is volatile and unpredictable, but by seeing the progress of crypto every four years, we always see the bearish and bullish.
I think invest in crypto is doing in the right time to buy and sell.
We should have good research and experience there.
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Every business has risk.
We should have estimation in crypto investment.
As OP said always invest that we can afford to lose.
I think I agree, that's true.
Crypto is unpredictable.
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Every business has risk.
We should have estimation in crypto investment.
As OP said always invest that we can afford to lose.
I think I agree, that's true.
Crypto is unpredictable.
As a rule , we invest much more than we are willing to lose ...moreover, we start thinking about it only when the price starts moving against us.
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One should always keep in mind while investing that investing only the extra funds that you can afford to lose because the crypto market is highly volatile. We should understand as investor risk calculation is a must in this highly volatile crypto market otherwise it's not easy to survive in this highly volatile market.
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One should always keep in mind while investing that investing only the extra funds that you can afford to lose because the crypto market is highly volatile. We should understand as investor risk calculation is a must in this highly volatile crypto market otherwise it's not easy to survive in this highly volatile market.
That's true, we should invest in free money or extra money.
because as many people said every business have risk.
So, I agree to with OP, always invest that we can afford to lose.
But we should have good analysis and research before invest in crypto currency.
Maybe several of us ever lost at the past.
That's the fact
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And we still have to be ready to freeze our funds for a long period of time, because investing in a bear market-we may not see our investments for a long time.
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Every trader and investor should adhere to this golden rule: only invest money that you can afford to lose. You cannot afford the risk of investing the amount you are considering if you are unable to handle the possible total loss of your cryptocurrency investment. Only invest funds that won't in any way alter or impair your way of life.
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Every trader and investor should adhere to this golden rule: only invest money that you can afford to lose. You cannot afford the risk of investing the amount you are considering if you are unable to handle the possible total loss of your cryptocurrency investment. Only invest funds that won't in any way alter or impair your way of life.
This is a very simple rule, but many people just invest the amount that they are not ready to lose, because they only think about profit, and they do not even lay down risks... that's the whole problem.
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OP makes a very nice point here. We all should invest only the amount that we can afford to lose. That means we should not invest everything in cryptocurrency. Because there is no guarantee that you will be profitable all the time. You have to keep in mind that there may be loss from your investment.
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OP makes a very nice point here. We all should invest only the amount that we can afford to lose. That means we should not invest everything in cryptocurrency. Because there is no guarantee that you will be profitable all the time. You have to keep in mind that there may be loss from your investment.
You're right. And now we are in the phase where the strength of those who invested in order to make super profits and did not take into account the possible risks of falling will be tested.