Cryptocurrency good or bad for loan?

[yohananaomi]

I think in this Bitcoin bull season one can take a loan and acquire it then pay back at any slightest profit then strive and wait for the next bull time. But for me I won't take any loan to buy a crypto currency I would rather use it for business because they are still the same thing, they are all aiming at profit. Because these crypto currencies may have some issues and it also depends the year agreed by the bank to return the loan.

I read many comments above, most of which disagree with taking out a loan to invest in crypto. Based on the habits of the fluctuating crypto market, we should not do that, it is not recommended to take out a loan to invest in crypto because the risk is very high if we experience a loss we must return the loan.

It is clear that if we have funds that we have and are not used, I agree not to borrow to invest in crypto. But nothing can stop someone who wants to use a loan to be used as an investment. The most important thing is that he can repay the loan or can pay the installments that occur properly.
Almost all large companies for their expansion always borrow for that, and it doesn't matter. Moreover, the momentum to be able to generate profits from very large investments can be obtained next year and there is no problem, in my opinion, taking a loan. All is returned to you who knows your situation.

[enwi]

I think in this Bitcoin bull season one can take a loan and acquire it then pay back at any slightest profit then strive and wait for the next bull time. But for me I won't take any loan to buy a crypto currency I would rather use it for business because they are still the same thing, they are all aiming at profit. Because these crypto currencies may have some issues and it also depends the year agreed by the bank to return the loan.

I read many comments above, most of which disagree with taking out a loan to invest in crypto. Based on the habits of the fluctuating crypto market, we should not do that, it is not recommended to take out a loan to invest in crypto because the risk is very high if we experience a loss we must return the loan.

It is clear that if we have funds that we have and are not used, I agree not to borrow to invest in crypto. But nothing can stop someone who wants to use a loan to be used as an investment. The most important thing is that he can repay the loan or can pay the installments that occur properly.
Almost all large companies for their expansion always borrow for that, and it doesn't matter. Moreover, the momentum to be able to generate profits from very large investments can be obtained next year and there is no problem, in my opinion, taking a loan. All is returned to you who knows your situation.

Managing the finances while investing is a step that has to be well thought out since the decision made are useful in the future. borrowed funds for investments are more preferable if only there is direction on what should be invested, how risks will be managed, and payment of loan balances will be made. Thus in this case, you and I need to consider the returns which we expect to get from the investment as opposed to the liability of the loan so that we do not feel the pinch of the loan in future. Every move, in turn, should be made with regard to real financial conditions and sound mathematical analysis. Thus, the investment made not only produces possible profits but also helps to regulate the company’s financial standing in general. This is a decision which is ours to make and take, making sure we fully understand the implications behind it.

[Bobcrypto]

I think in this Bitcoin bull season one can take a loan and acquire it then pay back at any slightest profit then strive and wait for the next bull time. But for me I won't take any loan to buy a crypto currency I would rather use it for business because they are still the same thing, they are all aiming at profit. Because these crypto currencies may have some issues and it also depends the year agreed by the bank to return the loan.

I read many comments above, most of which disagree with taking out a loan to invest in crypto. Based on the habits of the fluctuating crypto market, we should not do that, it is not recommended to take out a loan to invest in crypto because the risk is very high if we experience a loss we must return the loan.

Well, just like you are not in support of a crypto loan for trading, I will make it clear that taking a crypto loan for crypto trading is equivalent to people borrowing on the CEX exchanges to trade future and margin options with some people on a higher leverages.
You see, taking a loan, in my opinion is not a bad idea but it depends on the traders experiences. It is good to take loan for crypto trading but it should be individual with good trading knowledge and highly experienced on the crypto market.

[nakmantu99]

Well, just like you are not in support of a crypto loan for trading, I will make it clear that taking a crypto loan for crypto trading is equivalent to people borrowing on the CEX exchanges to trade future and margin options with some people on a higher leverages.
You see, taking a loan, in my opinion is not a bad idea but it depends on the traders experiences. It is good to take loan for crypto trading but it should be individual with good trading knowledge and highly experienced on the crypto market.

for professional traders taking loans for trading is not a big problem because they have enough knowledge and experience, with good analysis and strategy they can take profit consistently. but if the market suddenly changes, a professional trader sometimes predicts inaccurately and gets trapped. so in my opinion, taking loans is not suitable for me because I am not a professional trader.

[rizqillah]

It is clear that if we have funds that we have and are not used, I agree not to borrow to invest in crypto. But nothing can stop someone who wants to use a loan to be used as an investment. The most important thing is that he can repay the loan or can pay the installments that occur properly.
Almost all large companies for their expansion always borrow for that, and it doesn't matter. Moreover, the momentum to be able to generate profits from very large investments can be obtained next year and there is no problem, in my opinion, taking a loan. All is returned to you who knows your situation.

Good idea, if they have the funds and ability to return I think they can borrow it. But it must be really considered if taking out a loan to invest in crypto because the crypto market is difficult to predict and very volatile, this is the reason why many people advise not to take out a loan to invest in crypto because the risk is quite large.

[yohananaomi]

It is clear that if we have funds that we have and are not used, I agree not to borrow to invest in crypto. But nothing can stop someone who wants to use a loan to be used as an investment. The most important thing is that he can repay the loan or can pay the installments that occur properly.
Almost all large companies for their expansion always borrow for that, and it doesn't matter. Moreover, the momentum to be able to generate profits from very large investments can be obtained next year and there is no problem, in my opinion, taking a loan. All is returned to you who knows your situation.

Good idea, if they have the funds and ability to return I think they can borrow it. But it must be really considered if taking out a loan to invest in crypto because the crypto market is difficult to predict and very volatile, this is the reason why many people advise not to take out a loan to invest in crypto because the risk is quite large.

All investments are not without risk, but every risk can be minimized with everything we can manage well. Borrowing for investment as long as it can be managed well and there is the ability to pay in installments or be able to return, it is something that should be a priority before taking a loan. If there is no ability, then there is no need to borrow and wait for the next opportunity to be able to invest.
The crypto market is, indeed, as you said, because that, it does require very careful calculation before taking any action to make an investment.

[rizqillah]

All investments are not without risk, but every risk can be minimized with everything we can manage well. Borrowing for investment as long as it can be managed well and there is the ability to pay in installments or be able to return, it is something that should be a priority before taking a loan. If there is no ability, then there is no need to borrow and wait for the next opportunity to be able to invest.
The crypto market is, indeed, as you said, because that, it does require very careful calculation before taking any action to make an investment.

Yes, there will always be risks in investment and we must be able to manage these risks by taking the smallest risks. In investment, it is already risky, why should we borrow money to increase the risk? This is what we should consider because the crypto market is very volatile and difficult to predict, while borrowing money requires us to pay it according to maturity.
but if we have the ability to return it and can manage money well, we can also borrow money.

[enwi]

All investments are not without risk, but every risk can be minimized with everything we can manage well. Borrowing for investment as long as it can be managed well and there is the ability to pay in installments or be able to return, it is something that should be a priority before taking a loan. If there is no ability, then there is no need to borrow and wait for the next opportunity to be able to invest.
The crypto market is, indeed, as you said, because that, it does require very careful calculation before taking any action to make an investment.

Yes, there will always be risks in investment and we must be able to manage these risks by taking the smallest risks. In investment, it is already risky, why should we borrow money to increase the risk? This is what we should consider because the crypto market is very volatile and difficult to predict, while borrowing money requires us to pay it according to maturity.
but if we have the ability to return it and can manage money well, we can also borrow money.

Managing financial decisions is a step that people must ensure are done right so that any right step leading to success is right. In this case, there are certain conditions. We should be specific about the nature of borrowing money, that is the money is borrowed for investment, we are in a position to pay back the loan we should also have a contingency plan regarding the risk that our investments might pose. Therefore it’s important to make sure that the resources that we use are kept in check to avoid putting much pressure on the Company financially. Using this kind of structure, investment opportunities can be exploited more effectively and to better advantage. To be sure, a volatile market does challenge our capacity to make decisions, but sound decisions made within the context of information and analysis should help to avoid the negative effects of volatility.

[Mr. Magkaisa]

All investments are not without risk, but every risk can be minimized with everything we can manage well. Borrowing for investment as long as it can be managed well and there is the ability to pay in installments or be able to return, it is something that should be a priority before taking a loan. If there is no ability, then there is no need to borrow and wait for the next opportunity to be able to invest.
The crypto market is, indeed, as you said, because that, it does require very careful calculation before taking any action to make an investment.

Yes, there will always be risks in investment and we must be able to manage these risks by taking the smallest risks. In investment, it is already risky, why should we borrow money to increase the risk? This is what we should consider because the crypto market is very volatile and difficult to predict, while borrowing money requires us to pay it according to maturity.
but if we have the ability to return it and can manage money well, we can also borrow money.

        -      Isn't it true that in the traditional way of business, if you invest a large capital, there is a tendency that you can earn a lot and if it is small, you can only earn a small amount and it will take a long time before you can earn a big amount.

The same goes here in the crypto field that we are in, if you invest a large amount and you are able to suddenly increase by 100, for sure you can earn a lot and if you have small capital and suddenly increase by 100, you are still a jackpot, this is the difference between crypto investment and traditional investment.

[Gurujebs]

for professional traders taking loans for trading is not a big problem because they have enough knowledge and experience, with good analysis and strategy they can take profit consistently. but if the market suddenly changes, a professional trader sometimes predicts inaccurately and gets trapped. so in my opinion, taking loans is not suitable for me because I am not a professional trader.

Been a professional trader doesn't guarantee anything either you are going to make it from trading or you are going to lose it again. I'm against any trader borrowing money to trade because even though you are expert in trading, you are going to be nervous anytime you want to use that money to trade due to fear and anxiety of loan money.

Trading with your own money doesn't just give you freedom, it gives you peace of mind to follow the market so you can make profit in peace, you don't want to be desperate because of the interest waiting for you.

[Aanuoluwatofunmi]

Knowing the implication for loan, i will not advise someone to go for taking loan into cryptocurrency, also, having years of crypto experience, i cant still advise on someone to take a crypto loan on a volatile investment, they may end up losing everything completely, most especially the newbies, the best ideal way is for anyone interesting to learn how they could earn it and the invest on it without going for loan.

[doc]

for professional traders taking loans for trading is not a big problem because they have enough knowledge and experience, with good analysis and strategy they can take profit consistently. but if the market suddenly changes, a professional trader sometimes predicts inaccurately and gets trapped. so in my opinion, taking loans is not suitable for me because I am not a professional trader.

Been a professional trader doesn't guarantee anything either you are going to make it from trading or you are going to lose it again. I'm against any trader borrowing money to trade because even though you are expert in trading, you are going to be nervous anytime you want to use that money to trade due to fear and anxiety of loan money.

Trading with your own money doesn't just give you freedom, it gives you peace of mind to follow the market so you can make profit in peace, you don't want to be desperate because of the interest waiting for you.

I agree with you, in trading you need calm and focus, so we should not take loans for trading. Although many professional traders do it, there is no guarantee that they will always win. However, with their skills in trading, a professional trader can get more profit than loss.

[UNIVERSE]

I agree with you, in trading you need calm and focus, so we should not take loans for trading. Although many professional traders do it, there is no guarantee that they will always win. However, with their skills in trading, a professional trader can get more profit than loss.

The main thing is about knowledge. Be smart to do anything. However, mentality is also important, we need to patient and calm. When they market looks not in a good condition, we don't hurry to sell for losses. Sure, there is no guarantee for profits, there is no same strategy works every time. So we must adapt with more knowledge and experience. This is the way of professional traders to deal with crypto market conditions.

[dekafee79]

Knowing the implication for loan, i will not advise someone to go for taking loan into cryptocurrency, also, having years of crypto experience, i cant still advise on someone to take a crypto loan on a volatile investment, they may end up losing everything completely, most especially the newbies, the best ideal way is for anyone interesting to learn how they could earn it and the invest on it without going for loan.

I read the comments above and the majority advise not to take loans if you want to invest in crypto because it is risky. I initially invested in crypto from bounty and airdrop money and I always trade until I have a profit to increase my crypto assets. So I don't use money from my real world income.
because I have needs for my family.

[enwi]

for professional traders taking loans for trading is not a big problem because they have enough knowledge and experience, with good analysis and strategy they can take profit consistently. but if the market suddenly changes, a professional trader sometimes predicts inaccurately and gets trapped. so in my opinion, taking loans is not suitable for me because I am not a professional trader.

Been a professional trader doesn't guarantee anything either you are going to make it from trading or you are going to lose it again. I'm against any trader borrowing money to trade because even though you are expert in trading, you are going to be nervous anytime you want to use that money to trade due to fear and anxiety of loan money.

Trading with your own money doesn't just give you freedom, it gives you peace of mind to follow the market so you can make profit in peace, you don't want to be desperate because of the interest waiting for you.

I agree with you, in trading you need calm and focus, so we should not take loans for trading. Although many professional traders do it, there is no guarantee that they will always win. However, with their skills in trading, a professional trader can get more profit than loss.

In trading the decisions which are made calmly and without the pressure are more likely to generate positive results. Whenever we include loans in this activity, the need to always get a profit direction becomes much higher; this usually fights the clear thinking that we ought to embrace at any one time. Even though the professional trader may have the skills and working experience, there is always a risk and one cannot really tell what the outcome of the market will be. It is better to use capital obtained from a safe and controlled source because that lets you work calmly. Trading should be an activity that gives out chances in every trade not an extra risk to face.