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Author Topic: Cryptocurrency good or bad for loan?  (Read 39064 times)

Offline yohananaomi

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Re: Cryptocurrency good or bad for loan?
« Reply #510 on: January 23, 2025, 02:17:02 AM »
Truly crypto is unpredictable and as such do not expect it to be a win-win situation always, prepare your mind for the unexpected or keep your expectations on the low so that you do not get disappointed. As risky and volatile as crypto, borrowed funds are not advisable to use but a spare fund that one can easily do away with if held in the market. Predictions in the crypto space are never accurate and as such, it is wise to thread with caution if you take prediction seriously, do not put all your funds on predicted events thinking of making huge profit from them.

You see that unpredictable that you just said, I wish there is a way I can describe it better than anything. This morning when I woke up to see Trump coin trending on X, it was trading around $7 but because I didn't have any funds with me, I fade it but one mind was telling me to use my friend money he had on me but I clear that off my head because it's not my money.

If I have invested that money, I would have made good money trading the meme but I was discipline enough to know my place. When to invest, what to I invest and the money I want to use to invest in any coin.
I see Trump coin soaring after its launch, this is because of the famous person like trump behind it. But will it last long?
We have to see and do research and analysis of every hype coin, maybe for the short term it is not risky but it should not be for the long term.
This is just my analysis. Because I am also waiting for other hype coins to invest and hope to get profit from coins like trump.
Only in one day has he gotten his latest ATH with an extraordinary %, but it does not run long and is now corrected and this indicates that the meme coin is very vulnerable for long -term investment and just for a moment to be able to provide benefits. So, if anyone is trying to make a profit in the future, at least you have to analyze well so as not to be fooled by Dev's game, which is always looking for opportunities for things like that.

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Re: Cryptocurrency good or bad for loan?
« Reply #510 on: January 23, 2025, 02:17:02 AM »

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Re: Cryptocurrency good or bad for loan?
« Reply #511 on: January 23, 2025, 02:40:02 AM »
Truly crypto is unpredictable and as such do not expect it to be a win-win situation always, prepare your mind for the unexpected or keep your expectations on the low so that you do not get disappointed. As risky and volatile as crypto, borrowed funds are not advisable to use but a spare fund that one can easily do away with if held in the market. Predictions in the crypto space are never accurate and as such, it is wise to thread with caution if you take prediction seriously, do not put all your funds on predicted events thinking of making huge profit from them.

You see that unpredictable that you just said, I wish there is a way I can describe it better than anything. This morning when I woke up to see Trump coin trending on X, it was trading around $7 but because I didn't have any funds with me, I fade it but one mind was telling me to use my friend money he had on me but I clear that off my head because it's not my money.

If I have invested that money, I would have made good money trading the meme but I was discipline enough to know my place. When to invest, what to I invest and the money I want to use to invest in any coin.
I see Trump coin soaring after its launch, this is because of the famous person like trump behind it. But will it last long?
We have to see and do research and analysis of every hype coin, maybe for the short term it is not risky but it should not be for the long term.
This is just my analysis. Because I am also waiting for other hype coins to invest and hope to get profit from coins like trump.
Only in one day has he gotten his latest ATH with an extraordinary %, but it does not run long and is now corrected and this indicates that the meme coin is very vulnerable for long -term investment and just for a moment to be able to provide benefits. So, if anyone is trying to make a profit in the future, at least you have to analyze well so as not to be fooled by Dev's game, which is always looking for opportunities for things like that.
People never ever learn on which they would really be that starting to make up some research at the time or moment that they've been wrecked or lose up too much money and not on the moment that they do before making up some investment. When dealing up with meme coins then we do really know on how risky it is on which on the moment that everyone is already talking about it, then expect that the price is already into its peak and its just common sense that its not ideal to enter when it is really that on too much hype. You will be finding yourself to be the liquidity into those people who had been able to enter earlier. So better be cautious and wary because you would definitely be losing money instead of earning.

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Re: Cryptocurrency good or bad for loan?
« Reply #511 on: January 23, 2025, 02:40:02 AM »

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Offline enwi

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Re: Cryptocurrency good or bad for loan?
« Reply #512 on: January 23, 2025, 06:12:46 AM »
People never ever learn on which they would really be that starting to make up some research at the time or moment that they've been wrecked or lose up too much money and not on the moment that they do before making up some investment. When dealing up with meme coins then we do really know on how risky it is on which on the moment that everyone is already talking about it, then expect that the price is already into its peak and its just common sense that its not ideal to enter when it is really that on too much hype. You will be finding yourself to be the liquidity into those people who had been able to enter earlier. So better be cautious and wary because you would definitely be losing money instead of earning.
In fact, there is a very common scenario when people learn when they sustain losses while the correct course of action is to carry out thorough research before opening an investment. When it comes to meme coins, we must understand that the potential is very high here, and especially if the coin is already hyped. On occasions where market sentiment leads to the price running high, buying at such highs sees us become part of the sell side of those who have purchased the assets at more reasonable prices. That is why the emphasis in managing the life insurance portfolios is put on maintaining constant caution and actively controlling the risk. By moving calmly and avoiding the common rush in investing, will assist in guiding us onto the correct path.

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Re: Cryptocurrency good or bad for loan?
« Reply #513 on: January 23, 2025, 11:00:02 AM »
Truly crypto is unpredictable and as such do not expect it to be a win-win situation always, prepare your mind for the unexpected or keep your expectations on the low so that you do not get disappointed. As risky and volatile as crypto, borrowed funds are not advisable to use but a spare fund that one can easily do away with if held in the market. Predictions in the crypto space are never accurate and as such, it is wise to thread with caution if you take prediction seriously, do not put all your funds on predicted events thinking of making huge profit from them.

You see that unpredictable that you just said, I wish there is a way I can describe it better than anything. This morning when I woke up to see Trump coin trending on X, it was trading around $7 but because I didn't have any funds with me, I fade it but one mind was telling me to use my friend money he had on me but I clear that off my head because it's not my money.

If I have invested that money, I would have made good money trading the meme but I was discipline enough to know my place. When to invest, what to I invest and the money I want to use to invest in any coin.
I see Trump coin soaring after its launch, this is because of the famous person like trump behind it. But will it last long?
We have to see and do research and analysis of every hype coin, maybe for the short term it is not risky but it should not be for the long term.
This is just my analysis. Because I am also waiting for other hype coins to invest and hope to get profit from coins like trump.
Only in one day has he gotten his latest ATH with an extraordinary %, but it does not run long and is now corrected and this indicates that the meme coin is very vulnerable for long -term investment and just for a moment to be able to provide benefits. So, if anyone is trying to make a profit in the future, at least you have to analyze well so as not to be fooled by Dev's game, which is always looking for opportunities for things like that.
People never ever learn on which they would really be that starting to make up some research at the time or moment that they've been wrecked or lose up too much money and not on the moment that they do before making up some investment. When dealing up with meme coins then we do really know on how risky it is on which on the moment that everyone is already talking about it, then expect that the price is already into its peak and its just common sense that its not ideal to enter when it is really that on too much hype. You will be finding yourself to be the liquidity into those people who had been able to enter earlier. So better be cautious and wary because you would definitely be losing money instead of earning.

I have come to realize that most people do not do good research before investing in projects, they are just moved by the hype and the devs know this hence they use hype to get at those investors who do not give thought to it. Although there are some who are very smart to follow up with such hype projects to take profit and go their way and not get caught in the web while some just hop in like that because of the hype and get stuck up.
Currently, the trump coin has declined, and people who bought high are now trapped while the smart ones and early adopters have taken their profit and gone their ways.
A bit of research is always important when it comes to investment be it online or offline the knowledge is vital to know where you are putting your funds because that alone could help you know what to do maybe to avert something or not to make a wrong investment decision that could wreck you in the future.
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Offline omori

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Re: Cryptocurrency good or bad for loan?
« Reply #514 on: January 23, 2025, 11:13:30 AM »
I see Trump coin soaring after its launch, this is because of the famous person like trump behind it. But will it last long?
Only in one day has he gotten his latest ATH with an extraordinary %, but it does not run long and is now corrected and this indicates that the meme coin is very vulnerable for long -term investment and just for a moment to be able to provide benefits. So, if anyone is trying to make a profit in the future, at least you have to analyze well so as not to be fooled by Dev's game, which is always looking for opportunities for things like that.

It will live till Trump wants it to be alive.
It would dump, rug, and correct itself, but it would stay afloat, in my opinion, maybe even till the end of his term.
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Offline armanda90

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Re: Cryptocurrency good or bad for loan?
« Reply #515 on: January 23, 2025, 04:22:03 PM »
People never ever learn on which they would really be that starting to make up some research at the time or moment that they've been wrecked or lose up too much money and not on the moment that they do before making up some investment. When dealing up with meme coins then we do really know on how risky it is on which on the moment that everyone is already talking about it, then expect that the price is already into its peak and its just common sense that its not ideal to enter when it is really that on too much hype. You will be finding yourself to be the liquidity into those people who had been able to enter earlier. So better be cautious and wary because you would definitely be losing money instead of earning.
Many people not learn from their mistake when investing at meme coins how easily get rug with coins suddenly removing liquidity, after loss much money in shit coins most of them keep investing at another shit coins although have believe with bad possibility in the future.
I have quit totally by investing in shit coins without have good way for listing at top market, forget if any shit coins listing at DEX because have easily way to make us loss much money.

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Re: Cryptocurrency good or bad for loan?
« Reply #516 on: January 23, 2025, 08:16:51 PM »
It will live till Trump wants it to be alive.
It would dump, rug, and correct itself, but it would stay afloat, in my opinion, maybe even till the end of his term.
Trump launched his own memecoin on January 17 and within days of his inauguration the coin price rose from less than $10 to $74.59, giving it a market capitalization of close to $15 billion. Though the value has since fallen to around $41. A few investors learned about this and bought at low prices and made good profits. But most of the people bought trump coin at higher price because of greed of profit but now they are in big loss. I think not to invest out of fomo, but you can invest for short time if you want. Since most of the projects are getting fomo these days so one has to be very careful to invest.

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Re: Cryptocurrency good or bad for loan?
« Reply #516 on: January 23, 2025, 08:16:51 PM »


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Re: Cryptocurrency good or bad for loan?
« Reply #517 on: January 24, 2025, 11:32:47 PM »
It will live till Trump wants it to be alive.
It would dump, rug, and correct itself, but it would stay afloat, in my opinion, maybe even till the end of his term.
Trump launched his own memecoin on January 17 and within days of his inauguration the coin price rose from less than $10 to $74.59, giving it a market capitalization of close to $15 billion. Though the value has since fallen to around $41. A few investors learned about this and bought at low prices and made good profits. But most of the people bought trump coin at higher price because of greed of profit but now they are in big loss. I think not to invest out of fomo, but you can invest for short time if you want. Since most of the projects are getting fomo these days so one has to be very careful to invest.

I believe this Trump meme occurrence has taught many investors a big crypto lesson in their lives that they would not be in haste to forget so soon. This is the reason why it is good to do research before jumping into projects to invest. Hype does not give projects the sustainability they require but rather, it would be nice for such projects to grow organically to any height they desire because only then can they be sustainable. I think the trump meme is still in existence because Trump is the president and the possibility of the meme doing fine till he leaves office is under observation.
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Re: Cryptocurrency good or bad for loan?
« Reply #518 on: January 28, 2025, 09:59:11 AM »

[/quote] crypto can be  good and bad for loans the most important thing is depends on your individual circumstances, risk tolerance, and financial goals. It's essential to approach crypto lending with caution, and a clear understanding of the potential risks and benefits before going for the loan.

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Re: Cryptocurrency good or bad for loan?
« Reply #519 on: January 28, 2025, 01:54:14 PM »
It will live till Trump wants it to be alive.
It would dump, rug, and correct itself, but it would stay afloat, in my opinion, maybe even till the end of his term.
Trump launched his own memecoin on January 17 and within days of his inauguration the coin price rose from less than $10 to $74.59, giving it a market capitalization of close to $15 billion. Though the value has since fallen to around $41. A few investors learned about this and bought at low prices and made good profits. But most of the people bought trump coin at higher price because of greed of profit but now they are in big loss. I think not to invest out of fomo, but you can invest for short time if you want. Since most of the projects are getting fomo these days so one has to be very careful to invest.

Surely, there is no need to go into it only due to FOMO - it's a true way to get drained easily.
Better yet to find other, more stable opportunities to hop onto.
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Re: Cryptocurrency good or bad for loan?
« Reply #520 on: January 28, 2025, 05:21:38 PM »
It will live till Trump wants it to be alive.
It would dump, rug, and correct itself, but it would stay afloat, in my opinion, maybe even till the end of his term.
Trump launched his own memecoin on January 17 and within days of his inauguration the coin price rose from less than $10 to $74.59, giving it a market capitalization of close to $15 billion. Though the value has since fallen to around $41. A few investors learned about this and bought at low prices and made good profits. But most of the people bought trump coin at higher price because of greed of profit but now they are in big loss. I think not to invest out of fomo, but you can invest for short time if you want. Since most of the projects are getting fomo these days so one has to be very careful to invest.

I believe this Trump meme occurrence has taught many investors a big crypto lesson in their lives that they would not be in haste to forget so soon. This is the reason why it is good to do research before jumping into projects to invest. Hype does not give projects the sustainability they require but rather, it would be nice for such projects to grow organically to any height they desire because only then can they be sustainable. I think the trump meme is still in existence because Trump is the president and the possibility of the meme doing fine till he leaves office is under observation.
Meme coins are very high risk and we have to get in before the coin is hype, don't get caught up in high prices when we buy at a price that is already high. Trump coins are indeed very hype and this is what makes me hesitate to invest in this coin, because honestly I was late to buy, when I realized the price was already high and now this coin is experiencing a price drop.

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Re: Cryptocurrency good or bad for loan?
« Reply #521 on: January 28, 2025, 10:56:13 PM »
While investing in crypto, many people take loans from banks, but later they have to face difficulties in repaying the loans if there is a loss. How much crypto is needed to manage social life and can it be the only dependent income source of your life?
Taking a loan to invest in crypto is not advisable by the experts because crypto is unstable and everytime you can loss it is very high on volatility and you will see your investment in an up and down status,the problem of the loan is that you need to pay for the interest on time and in crypto you will not get your profit on time because it will go up and down that is why i suggest to invest your own money and don't take any loan to avoid problems,make crypto as a part time work and continue your regular work.
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Re: Cryptocurrency good or bad for loan?
« Reply #522 on: January 28, 2025, 11:45:59 PM »
Taking a loan to invest in crypto is not advisable by the experts because crypto is unstable and everytime you can loss it is very high on volatility and you will see your investment in an up and down status,the problem of the loan is that you need to pay for the interest on time and in crypto you will not get your profit on time because it will go up and down that is why i suggest to invest your own money and don't take any loan to avoid problems,make crypto as a part time work and continue your regular work.
Not only in crypto, investing in other kind of investment is also not advisable. Investment has a risk, and there is no guarantee for profits. We must always use the safe money to avoid potential problems in the future. If we use safe money, it won't influence much our life even if we get losses in the future. But if we use loan money for investment, yes we may experience big problems in the future. And we not only use the amount of money that we borrow, we also need to pay the interest.


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Re: Cryptocurrency good or bad for loan?
« Reply #523 on: January 29, 2025, 05:12:25 AM »
Not money earned from cryptocurrency is not for my sole livelihood. Because I have not yet believed the crypto currency so much. I think it’s important to stay stuck in crypto currency as well as other daily days work. So hiring B in some currency with loans from the bank is nothing but stupid to me. Bitcoin investing is a risky job so it will once profit it will lose once. If you do video with loans from the bank, you can also lose if you lose, you can become empty so it is not okay to take such a risk. So in my opinion you can invest some amount of bitcoin from the money you earned. Don’t go to invest in a whole way that you can face damage
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Re: Cryptocurrency good or bad for loan?
« Reply #524 on: January 29, 2025, 10:54:58 AM »
It will live till Trump wants it to be alive.
It would dump, rug, and correct itself, but it would stay afloat, in my opinion, maybe even till the end of his term.
Trump launched his own memecoin on January 17 and within days of his inauguration the coin price rose from less than $10 to $74.59, giving it a market capitalization of close to $15 billion. Though the value has since fallen to around $41. A few investors learned about this and bought at low prices and made good profits. But most of the people bought trump coin at higher price because of greed of profit but now they are in big loss. I think not to invest out of fomo, but you can invest for short time if you want. Since most of the projects are getting fomo these days so one has to be very careful to invest.

I believe this Trump meme occurrence has taught many investors a big crypto lesson in their lives that they would not be in haste to forget so soon. This is the reason why it is good to do research before jumping into projects to invest. Hype does not give projects the sustainability they require but rather, it would be nice for such projects to grow organically to any height they desire because only then can they be sustainable. I think the trump meme is still in existence because Trump is the president and the possibility of the meme doing fine till he leaves office is under observation.
Meme coins are very high risk and we have to get in before the coin is hype, don't get caught up in high prices when we buy at a price that is already high. Trump coins are indeed very hype and this is what makes me hesitate to invest in this coin, because honestly I was late to buy, when I realized the price was already high and now this coin is experiencing a price drop.

I advise my friends not to hop into a meme that the price has already gone high because there is every possibility of a dump as the early adopters have already taken their profits and are ready to dump at any given time. Memes are best invested in at the earliest stage and the truth is that it is hard to see them at that early stage to invest in but when they go public or become popular, it is very risky to do so because of the tendency of a huge dump on people entering the market at that time.

As for the trump coin, it was hyped which made it very much risky to hop in at high and people who hopped in at high are currently stuck. I think it is because of the influence of Trump as the president that is why the coin is still existing otherwise it would have long gone on extinct.
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