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Author Topic: Cryptocurrency good or bad for loan?  (Read 21243 times)

Offline yohananaomi

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Re: Cryptocurrency good or bad for loan?
« Reply #345 on: November 28, 2024, 02:17:29 AM »
invest in crypto use free money do not take loans from the bank because it will make us not focus on trading because we have the burden of paying installments every month.
there are still many ways to get capital by participating in bounty campaigns or airdrops, so we do not recommend taking loans.
Using funds that are ready to be invested without the pressure of other obligations is a much healthier step in crypto trading. This way, we can make decisions more calmly without being overshadowed by additional burdens that can interfere with focus. In addition, there are many alternatives to obtain initial capital, such as taking advantage of opportunities from programs that do not require direct financial risk. By starting with existing resources, we can learn and grow without adding stress to personal finances.
To avoid confusion of pressure that may occur on the way, I do agree to use unused funds and it can indeed be used at any time for investment. Remember, this is an investment that takes time and if you use funds that will always be taken again, of course it will not be effective. Especially there is a sense of fear when the price drops, and it is not according to our wishes, but we need to use it, then what happens is a loss.
Actually, you can use signature bounty funds like this, and by using DCA while waiting for the upcoming increase, if there are indeed no funds that can be used.
I agree with your comment that we should use free and unused funds in the near future for investment because the crypto market is very volatile, it is difficult for us to predict prices accurately. If we use funds that are not free suddenly we have needs that must be met, we will likely sell our assets. but if the market goes down, and we are forced to sell it will suffer a loss, this is true. That's why many members suggest free funds for investment, we can find free funds from bounty rewards and airdrops.
We sometimes do not and find it difficult to know the needs we have, because of that, it is not wrong to make an investment with funds that are clearly not used and are available, so that when there is a need, the investment we make remains safe and we will not sell it., because, when needed and the price is down of course it is a loss that we will suffer from the investment we have made, we do not want it to happen because of sudden needs because the investment is not from unused funds.

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Re: Cryptocurrency good or bad for loan?
« Reply #345 on: November 28, 2024, 02:17:29 AM »

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Re: Cryptocurrency good or bad for loan?
« Reply #346 on: November 28, 2024, 03:07:50 PM »

We sometimes do not and find it difficult to know the needs we have, because of that, it is not wrong to make an investment with funds that are clearly not used and are available, so that when there is a need, the investment we make remains safe and we will not sell it., because, when needed and the price is down of course it is a loss that we will suffer from the investment we have made, we do not want it to happen because of sudden needs because the investment is not from unused funds.
I agree if many suggest that we use and free for investment so that if suddenly there is a sudden need it does not disrupt our investment by selling it, because sometimes the crypto market is very volatile if the price drops we will sell at a loss if there is a need that we must fulfill.

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Re: Cryptocurrency good or bad for loan?
« Reply #347 on: November 29, 2024, 09:02:51 AM »

We sometimes do not and find it difficult to know the needs we have, because of that, it is not wrong to make an investment with funds that are clearly not used and are available, so that when there is a need, the investment we make remains safe and we will not sell it., because, when needed and the price is down of course it is a loss that we will suffer from the investment we have made, we do not want it to happen because of sudden needs because the investment is not from unused funds.
I agree if many suggest that we use and free for investment so that if suddenly there is a sudden need it does not disrupt our investment by selling it, because sometimes the crypto market is very volatile if the price drops we will sell at a loss if there is a need that we must fulfill.
Spending the money, which remains unutilized, in investments is a prudent measure so that contingencies do not destabilise the financial plan. In this way we can realise our investments without losing them and even if market conditions are unfavourable. Volatility as a characteristic often defines the crypto market, so it will be more beneficial to hold determined assets rather than seek to sell them when a relevant price decrease occurs.

Besides, it means we can manage the finances properly and have some emergency cash sources outside the portfolio. This yields relief when in need of an emergency source of funds not by forcing the sale of assets at unfavourable times. Such planned decisions will assist in implementing a balance between investment and daily cash management as the planned decisions as illustrated in this article shows.
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Offline Publictalk792

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Re: Cryptocurrency good or bad for loan?
« Reply #348 on: November 29, 2024, 10:04:18 AM »
Spending the money, which remains unutilized, in investments is a prudent measure so that contingencies do not destabilise the financial plan. In this way we can realise our investments without losing them and even if market conditions are unfavourable. Volatility as a characteristic often defines the crypto market, so it will be more beneficial to hold determined assets rather than seek to sell them when a relevant price decrease occurs.

Besides, it means we can manage the finances properly and have some emergency cash sources outside the portfolio. This yields relief when in need of an emergency source of funds not by forcing the sale of assets at unfavourable times. Such planned decisions will assist in implementing a balance between investment and daily cash management as the planned decisions as illustrated in this article shows.
Investing money that which is not used is good thing to do. It helps protect our financial situations from unexpected events which can come to our life and that could cause problems. With investing our extra money we can keep our investments safe and avoid losing money even when market is not doing well and highly volatile. Cryptocurrency market can be very unpredictable so it is mostly better to hold investments instead of selling them when price goes down. Having some extra money take aside for emergencies can give us peace of mind and help us
to manage our money better. This way we can balance our investments and our everyday finances and make smarter decisions about our money.
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Re: Cryptocurrency good or bad for loan?
« Reply #349 on: November 29, 2024, 02:24:18 PM »

We sometimes do not and find it difficult to know the needs we have, because of that, it is not wrong to make an investment with funds that are clearly not used and are available, so that when there is a need, the investment we make remains safe and we will not sell it., because, when needed and the price is down of course it is a loss that we will suffer from the investment we have made, we do not want it to happen because of sudden needs because the investment is not from unused funds.
I agree if many suggest that we use and free for investment so that if suddenly there is a sudden need it does not disrupt our investment by selling it, because sometimes the crypto market is very volatile if the price drops we will sell at a loss if there is a need that we must fulfill.
This is what should be done, that we should invest using money that is specifically for investment, not using money for other needs, especially if it is borrowed money.

I even suggest, when we invest we should also have an emergency fund that can be used in a very sudden time. So we will not interfere with our investment at all because we still have an emergency fund.

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Re: Cryptocurrency good or bad for loan?
« Reply #350 on: November 29, 2024, 08:10:41 PM »

We sometimes do not and find it difficult to know the needs we have, because of that, it is not wrong to make an investment with funds that are clearly not used and are available, so that when there is a need, the investment we make remains safe and we will not sell it., because, when needed and the price is down of course it is a loss that we will suffer from the investment we have made, we do not want it to happen because of sudden needs because the investment is not from unused funds.
I agree if many suggest that we use and free for investment so that if suddenly there is a sudden need it does not disrupt our investment by selling it, because sometimes the crypto market is very volatile if the price drops we will sell at a loss if there is a need that we must fulfill.
This is what should be done, that we should invest using money that is specifically for investment, not using money for other needs, especially if it is borrowed money.

I even suggest, when we invest we should also have an emergency fund that can be used in a very sudden time. So we will not interfere with our investment at all because we still have an emergency fund.
I agree with you, in investing we should use free money and we should also have emergency funds. If suddenly there is a sudden need, it will not interfere with our investment.
We also should not use borrowed money to invest in crypto, this is very risky.
because the crypto market is difficult to predict and sometimes we also make mistakes in making analysis.
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Offline dekafee79

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Re: Cryptocurrency good or bad for loan?
« Reply #351 on: November 29, 2024, 08:22:30 PM »
Spending the money, which remains unutilized, in investments is a prudent measure so that contingencies do not destabilise the financial plan. In this way we can realise our investments without losing them and even if market conditions are unfavourable. Volatility as a characteristic often defines the crypto market, so it will be more beneficial to hold determined assets rather than seek to sell them when a relevant price decrease occurs.

Besides, it means we can manage the finances properly and have some emergency cash sources outside the portfolio. This yields relief when in need of an emergency source of funds not by forcing the sale of assets at unfavourable times. Such planned decisions will assist in implementing a balance between investment and daily cash management as the planned decisions as illustrated in this article shows.
Investing money that which is not used is good thing to do. It helps protect our financial situations from unexpected events which can come to our life and that could cause problems. With investing our extra money we can keep our investments safe and avoid losing money even when market is not doing well and highly volatile. Cryptocurrency market can be very unpredictable so it is mostly better to hold investments instead of selling them when price goes down. Having some extra money take aside for emergencies can give us peace of mind and help us
to manage our money better. This way we can balance our investments and our everyday finances and make smarter decisions about our money.
I agree, we should invest the money that we don't use because it will protect the value of our money. Choose the top bitcoin and altcoins for the investment. We should also have an emergency fund because if we plan to hold long term, it will make us more comfortable. The cypto market is very volatile, so in investing we must be prepared for all risks including emergency conditions.

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Re: Cryptocurrency good or bad for loan?
« Reply #351 on: November 29, 2024, 08:22:30 PM »


Offline Crypto Library

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Re: Cryptocurrency good or bad for loan?
« Reply #352 on: November 29, 2024, 09:10:05 PM »
I agree, we should invest the money that we don't use because it will protect the value of our money. Choose the top bitcoin and altcoins for the investment. We should also have an emergency fund because if we plan to hold long term, it will make us more comfortable. The cypto market is very volatile, so in investing we must be prepared for all risks including emergency conditions.
And as well as I want to also mention here we should also invest on cryptocurrency as that much fund we can afford to lose.
As you already said Bitcoin and the cryptocurrency are the volatile market price and when we will make here an investment whether it for short term or for long term we must should have also gather some stable fund for facing the emergency situation. Like a local mate of mine share and history of himself that he hold Bitcoin of his most of earning and in the mean time he faced an emergency situation and that time even he face losses but he have to sold out his holding coins. And if there is any talk of investing in crypto with a loan, I would just call it stupidity.

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Re: Cryptocurrency good or bad for loan?
« Reply #353 on: November 29, 2024, 10:28:46 PM »

We sometimes do not and find it difficult to know the needs we have, because of that, it is not wrong to make an investment with funds that are clearly not used and are available, so that when there is a need, the investment we make remains safe and we will not sell it., because, when needed and the price is down of course it is a loss that we will suffer from the investment we have made, we do not want it to happen because of sudden needs because the investment is not from unused funds.
I agree if many suggest that we use and free for investment so that if suddenly there is a sudden need it does not disrupt our investment by selling it, because sometimes the crypto market is very volatile if the price drops we will sell at a loss if there is a need that we must fulfill.
If there is unused money, it is good to invest it so that it can become future savings, when we need it for economic purposes or so on, we can withdraw it in fiat form. Why is it good to invest unused money because when we invest it into digital currency, one day crypto can rise.
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Offline nakmantu99

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Re: Cryptocurrency good or bad for loan?
« Reply #354 on: November 29, 2024, 10:49:46 PM »

If there is unused money, it is good to invest it so that it can become future savings, when we need it for economic purposes or so on, we can withdraw it in fiat form. Why is it good to invest unused money because when we invest it into digital currency, one day crypto can rise.
I agree if we have unused money we should buy bitcoin or ethereum. because these two coins are quite safe for long-term investment and if one day we need it, we can sell it when the price has gone up. but we should still have spare money so as not to interfere with the assets we have in our crypto wallet.
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Offline UNIVERSE

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Re: Cryptocurrency good or bad for loan?
« Reply #355 on: November 29, 2024, 11:49:59 PM »
I agree if we have unused money we should buy bitcoin or ethereum. because these two coins are quite safe for long-term investment and if one day we need it, we can sell it when the price has gone up. but we should still have spare money so as not to interfere with the assets we have in our crypto wallet.
What is unused money? I think money will be always used by everyone. We may only have excess money, it is for people who get good amount of money on their daily jobs. We must always remember that we only use excess money. We don't use the money for daily needs or urgent needs. Moreover if we want to use it for a long term investment, we must use safe money. I'm sure everyone here already understand how to manage funds on crypto investment. It is true that crypto investment mustn't bother our daily life.


Offline PX-Z

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Re: Cryptocurrency good or bad for loan?
« Reply #356 on: November 30, 2024, 12:09:53 AM »
I agree if we have unused money we should buy bitcoin or ethereum. because these two coins are quite safe for long-term investment and if one day we need it, we can sell it when the price has gone up. but we should still have spare money so as not to interfere with the assets we have in our crypto wallet.
What is unused money? I think money will be always used by everyone. We may only have excess money, it is for people who get good amount of money on their daily jobs. We must always remember that we only use excess money. We don't use the money for daily needs or urgent needs. Moreover if we want to use it for a long term investment, we must use safe money. I'm sure everyone here already understand how to manage funds on crypto investment. It is true that crypto investment mustn't bother our daily life.
Savings can be considered as unused money, but you don't need to invest your savings, and emergency fund. An allocated fund like a percentage of your money for investment, say 5% of it is enough regardless how much the money a people have.

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Re: Cryptocurrency good or bad for loan?
« Reply #357 on: November 30, 2024, 03:24:45 AM »
I agree if we have unused money we should buy bitcoin or ethereum. because these two coins are quite safe for long-term investment and if one day we need it, we can sell it when the price has gone up. but we should still have spare money so as not to interfere with the assets we have in our crypto wallet.
Its my decision when allocated my saving money only for top two cryptocurrency between bitcoin or ethereum, when having urgent can sell it exactly bitcoin or ethereum always have stable price and keep increasing every day. But many people got worry when allocating their saving money in cryptocurrency have increasing assets every time than put it only at the bank without have benefit yet.
I think stop hold or saving money without get benefit yet because not profitable yet for us but when put at investment assets we can get return of profitable later.

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Re: Cryptocurrency good or bad for loan?
« Reply #358 on: November 30, 2024, 03:25:20 PM »
This is what should be done, that we should invest using money that is specifically for investment, not using money for other needs, especially if it is borrowed money.

I even suggest, when we invest we should also have an emergency fund that can be used in a very sudden time. So we will not interfere with our investment at all because we still have an emergency fund.
I agree with you, in investing we should use free money and we should also have emergency funds. If suddenly there is a sudden need, it will not interfere with our investment.
We also should not use borrowed money to invest in crypto, this is very risky.
because the crypto market is difficult to predict and sometimes we also make mistakes in making analysis.
In general, investment is indeed profitable, especially if we invest in bitcoin. However, there are points that we must pay attention to here, one of which is that the market is not always in a good situation, sometimes we experience unfriendly market conditions.

Therefore, preparations as I said earlier are very important to do, because it will affect our investment in the future.

Offline dekafee79

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Re: Cryptocurrency good or bad for loan?
« Reply #359 on: November 30, 2024, 09:31:51 PM »
This is what should be done, that we should invest using money that is specifically for investment, not using money for other needs, especially if it is borrowed money.

I even suggest, when we invest we should also have an emergency fund that can be used in a very sudden time. So we will not interfere with our investment at all because we still have an emergency fund.
I agree with you, in investing we should use free money and we should also have emergency funds. If suddenly there is a sudden need, it will not interfere with our investment.
We also should not use borrowed money to invest in crypto, this is very risky.
because the crypto market is difficult to predict and sometimes we also make mistakes in making analysis.
In general, investment is indeed profitable, especially if we invest in bitcoin. However, there are points that we must pay attention to here, one of which is that the market is not always in a good situation, sometimes we experience unfriendly market conditions.

Therefore, preparations as I said earlier are very important to do, because it will affect our investment in the future.
I agree with the opinion above, because the market sometimes does not go according to what we expect. It suddenly changes and does not go according to our predictions and plans. I agree that we should have an emergency fund so that our investment in crypto is not disturbed

 

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