Cryptocurrency good or bad for loan?

[bounceback]

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.

During have many trader here earn much profitable from bounty campaign and airdrop project so most of them not recommended take loan for trading, but bounty and airdrop era have been over awhile and difficult earn much capital for trading right now without take loan.
In my opinion not problem if you want take loan for trading but you must be careful about loan interest and how long loan period for payment. Most important take loan when bitcoin at lower price don't take risk after bitcoin hitting most higher price and get loan for investing in cryptocurrency.

[rizqillah]

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.

During have many trader here earn much profitable from bounty campaign and airdrop project so most of them not recommended take loan for trading, but bounty and airdrop era have been over awhile and difficult earn much capital for trading right now without take loan.
In my opinion not problem if you want take loan for trading but you must be careful about loan interest and how long loan period for payment. Most important take loan when bitcoin at lower price don't take risk after bitcoin hitting most higher price and get loan for investing in cryptocurrency.

good advice, if you take a loan, the price of bitcoin should still be low. but we have to think about paying interest and installments. because if we buy bitcoin during the bearish season the price is still low and it is difficult to make a profit because bitcoin will definitely struggle for a long time. And if you take a loan before the bullish season, the price of bitcoin is already high. that's why it is advisable not to take a loan because it is too risky

[sagarmota10]

Crypto currency is bad for loan as per my personal view.

In any market while we taking loan for investment we are invited presure on us to pay interest regular basis which is create emotions against capital too.

So if we have surplus amount then we can hold such stocks or coin without fear of paying intrest and can hold long time and can rewards good.

[enwi]

good advice, if you take a loan, the price of bitcoin should still be low. but we have to think about paying interest and installments. because if we buy bitcoin during the bearish season the price is still low and it is difficult to make a profit because bitcoin will definitely struggle for a long time. And if you take a loan before the bullish season, the price of bitcoin is already high. that's why it is advisable not to take a loan because it is too risky

So investing involves taking certain steps carefully. When we are going to use a loan and how, we consider how manageable the payments will be no matter what trends in the market. Because no one can guarantee when an asset value will increase or decrease, market timing is a trap. A safer choice is starting an investment with funds that we really have because we will not be stressed with increases of financial obligations if the invested money does not yield the expected results. Without planned risk taking, taking big risks only piles burden on ourselves. Steps we can take to get us away from huge losses in the future are managing expectations, and staying in our means.

[yohananaomi]

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.

During have many trader here earn much profitable from bounty campaign and airdrop project so most of them not recommended take loan for trading, but bounty and airdrop era have been over awhile and difficult earn much capital for trading right now without take loan.
In my opinion not problem if you want take loan for trading but you must be careful about loan interest and how long loan period for payment. Most important take loan when bitcoin at lower price don't take risk after bitcoin hitting most higher price and get loan for investing in cryptocurrency.

good advice, if you take a loan, the price of bitcoin should still be low. but we have to think about paying interest and installments. because if we buy bitcoin during the bearish season the price is still low and it is difficult to make a profit because bitcoin will definitely struggle for a long time. And if you take a loan before the bullish season, the price of bitcoin is already high. that's why it is advisable not to take a loan because it is too risky

In addition to thinking about when to start borrowing for investment, the most important thing is the ability to be able to pay the loan installments that occur. After that, determine when to start investing, because it is adjusted at the right time and does not take long and now is the right time to take a loan, because soon the season will increase and everything can move up and profits are easy to earn.

[bounceback]

In addition to thinking about when to start borrowing for investment, the most important thing is the ability to be able to pay the loan installments that occur. After that, determine when to start investing, because it is adjusted at the right time and does not take long and now is the right time to take a loan, because soon the season will increase and everything can move up and profits are easy to earn.

No doubt, firstly ability financial condition for loan payment have schedule monthly due some time we can't take much profit from our investment and have long term target. Don't take loan yet if don't have any side or main job ability to pay loan payment every month but if can handle yet to earn profit in short term and we can get ability earn profit to pay loan payment monthly looks not problem yet.
Firstly if have right moment must prepare for loan payment until six or eight months later and we can be long term holding by investing in cryptocurrency using loan.

[Sim_card]

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.

During have many trader here earn much profitable from bounty campaign and airdrop project so most of them not recommended take loan for trading, but bounty and airdrop era have been over awhile and difficult earn much capital for trading right now without take loan.
In my opinion not problem if you want take loan for trading but you must be careful about loan interest and how long loan period for payment. Most important take loan when bitcoin at lower price don't take risk after bitcoin hitting most higher price and get loan for investing in cryptocurrency.

good advice, if you take a loan, the price of bitcoin should still be low. but we have to think about paying interest and installments. because if we buy bitcoin during the bearish season the price is still low and it is difficult to make a profit because bitcoin will definitely struggle for a long time. And if you take a loan before the bullish season, the price of bitcoin is already high. that's why it is advisable not to take a loan because it is too risky

If you are taking a loan simply because you want to invest in bitcoin without having a means to pay back the loan you collected, but feel you can pay back the loan from your bitcoin profit is very risky and should be frowned at. This is because it looks like you are gambling since bitcoin investment is a long-term plan and not a get rich quick scheme. Your loan giver will get you arrested.

[bounceback]

If you are taking a loan simply because you want to invest in bitcoin without having a means to pay back the loan you collected, but feel you can pay back the loan from your bitcoin profit is very risky and should be frowned at. This is because it looks like you are gambling since bitcoin investment is a long-term plan and not a get rich quick scheme. Your loan giver will get you arrested.

I have the same way with you about taking loan for investing in bitcoin but have side or main income for loan payment not from bitcoin profitable earn. Its take longer time to earn much profitable from bitcoin investment if want get short term trade but use other income for loan payment every month.
You can pay loan payment every month from salary or side job then set up investing in bitcoin for long term target, I believe after two or three years later have potential earn much profitable and all your loan paid fully from your side or main job income.

[rizqillah]

If you are taking a loan simply because you want to invest in bitcoin without having a means to pay back the loan you collected, but feel you can pay back the loan from your bitcoin profit is very risky and should be frowned at. This is because it looks like you are gambling since bitcoin investment is a long-term plan and not a get rich quick scheme. Your loan giver will get you arrested.

I have the same way with you about taking loan for investing in bitcoin but have side or main income for loan payment not from bitcoin profitable earn. Its take longer time to earn much profitable from bitcoin investment if want get short term trade but use other income for loan payment every month.
You can pay loan payment every month from salary or side job then set up investing in bitcoin for long term target, I believe after two or three years later have potential earn much profitable and all your loan paid fully from your side or main job income.

If you have the opinion of Alain, the business or salary of the real world you can take loans to invest in BITCPN, and this is safe because you have the preacher to pay for the loan or installment interest. Because the results of the benefits of investment in bitcooin are long enough, especially if you buy at the time of bearish we have to wait until the bullish season.

[enwi]

If you are taking a loan simply because you want to invest in bitcoin without having a means to pay back the loan you collected, but feel you can pay back the loan from your bitcoin profit is very risky and should be frowned at. This is because it looks like you are gambling since bitcoin investment is a long-term plan and not a get rich quick scheme. Your loan giver will get you arrested.

It is unadvisable to take out an investment by the use of a loan with no tangible way of repaying in the initial stages or in the future. While it remains true that Bitcoin and most of the cryptocurrencies can actually generate profit the rate of fluctuation of the digital currencies is very high and therefore it is suggested that they should better be considered as logically well thought investment and not a way of making quick bucks. If this is not well managed, such decisions can be costly mainly due to our expectations not being met by the results achieved. We should always ensure that we only invest with money we can afford to lose so that no extra burden which puts the financial position of the enterprise in jeopardy is added. The simple act of being wiser can help avoid any emerging unpleasant risks.

[gunhell16]

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.

During have many trader here earn much profitable from bounty campaign and airdrop project so most of them not recommended take loan for trading, but bounty and airdrop era have been over awhile and difficult earn much capital for trading right now without take loan.
In my opinion not problem if you want take loan for trading but you must be careful about loan interest and how long loan period for payment. Most important take loan when bitcoin at lower price don't take risk after bitcoin hitting most higher price and get loan for investing in cryptocurrency.

Besides what you said dude, you should also be reasonable in borrowing money, where you should use it for the right purpose and not for gambling or your gambling habit, because this is the wrong mindset of others who take loans, thinking that this will help them get out of poverty.

There are so many people who make mistakes and act with this mindset in the reality of life, particularly those who are in poverty and gambling is their only easy way to meet their needs. In which is still wrong.

[dekafee79]

Besides what you said dude, you should also be reasonable in borrowing money, where you should use it for the right purpose and not for gambling or your gambling habit, because this is the wrong mindset of others who take loans, thinking that this will help them get out of poverty.

There are so many people who make mistakes and act with this mindset in the reality of life, particularly those who are in poverty and gambling is their only easy way to meet their needs. In which is still wrong.

Borrowing money for the same thing, we just do something silly in our lives. Meanwhile, if we borrow money to invest in Crypto, we still have [the opportunity to get a profit if we buy at the right time and sell it when prices rise high. Although many people do not recommend borrowing money to invest in Crypto because the risk is very large.

[Zed0X]

~
Borrowing money for the same thing, we just do something silly in our lives. Meanwhile, if we borrow money to invest in Crypto, we still have [the opportunity to get a profit if we buy at the right time and sell it when prices rise high. Although many people do not recommend borrowing money to invest in Crypto because the risk is very large.

It's actually tempting for many people to borrow and then invest when they see a lot of 'success stories' in social media. They (so called gurus) say the same thing as buying low and selling high and that there are risks involve but all that are overshadowed by the gains they show to their audience.

For anyone planning to get quick cash thinking whey will be missing out, better to sell some of your devices than borrowing money.

[SamReomo]

And if you take a loan before the bullish season, the price of bitcoin is already high. that's why it is advisable not to take a loan because it is too risky

Yes, that's a good advice, if someone really wants to earn profit from Bitcoin then it's 100x better to invest your own money by doing some type of DCA like DCA on weekly basis, or on monthly basis, or by doing DCA during the Dips. That's the best way to earn profits and taking loan for investing in Bitcoin is not recommended at all. +1

[yohananaomi]

And if you take a loan before the bullish season, the price of bitcoin is already high. that's why it is advisable not to take a loan because it is too risky

Yes, that's a good advice, if someone really wants to earn profit from Bitcoin then it's 100x better to invest your own money by doing some type of DCA like DCA on weekly basis, or on monthly basis, or by doing DCA during the Dips. That's the best way to earn profits and taking loan for investing in Bitcoin is not recommended at all. +1

Everyone is free to regulate themselves in the investment that will be made either by taking a loan or by buying through DCA and no one can prohibit and intervene in what is done. We can only suggest that with a loan it is certainly very risky if you cannot return it on time, aka default.
All is returned to the individual because they are the ones who know the abilities that can be done either by borrowing or buying through DCA.