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Author Topic: Cryptocurrency good or bad for loan?  (Read 39080 times)

Online yohananaomi

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Re: Cryptocurrency good or bad for loan?
« Reply #525 on: January 30, 2025, 03:42:19 AM »
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.
So far, everyone has known that meme coins are at very high risk for long-term investment. I agree with what you said, if you can buy when the price is corrected and sell them when it is in accordance with our wishes, that is the principle in crypto, so that we do not experience losses, especially by buying meme coins that are very unstable.
In my opinion, don't get caught up in the price of meme coins that suddenly increase higher because at any time they will plunge again, like what you said about the trump coin.

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Re: Cryptocurrency good or bad for loan?
« Reply #525 on: January 30, 2025, 03:42:19 AM »

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Re: Cryptocurrency good or bad for loan?
« Reply #526 on: January 30, 2025, 04:29:49 AM »
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.
So far, everyone has known that meme coins are at very high risk for long-term investment. I agree with what you said, if you can buy when the price is corrected and sell them when it is in accordance with our wishes, that is the principle in crypto, so that we do not experience losses, especially by buying meme coins that are very unstable.
In my opinion, don't get caught up in the price of meme coins that suddenly increase higher because at any time they will plunge again, like what you said about the trump coin.

Not everyone, because if we all think about the risk of meme coins, there will be no investors. So there are still a lot of crypto individuals maybe they are newbies or really knows how to play the game invests on this meme coins.

For those who knows it, easy for them, just get out in time and they hit their targets.

But for newbies, they might be greedy and could be taking out loans to invest because "they know" that their money will grow thru meme coins.

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Re: Cryptocurrency good or bad for loan?
« Reply #526 on: January 30, 2025, 04:29:49 AM »

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Re: Cryptocurrency good or bad for loan?
« Reply #527 on: January 30, 2025, 12:55:21 PM »
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.
So far, everyone has known that meme coins are at very high risk for long-term investment. I agree with what you said, if you can buy when the price is corrected and sell them when it is in accordance with our wishes, that is the principle in crypto, so that we do not experience losses, especially by buying meme coins that are very unstable.
In my opinion, don't get caught up in the price of meme coins that suddenly increase higher because at any time they will plunge again, like what you said about the trump coin.

Not everyone, because if we all think about the risk of meme coins, there will be no investors. So there are still a lot of crypto individuals maybe they are newbies or really knows how to play the game invests on this meme coins.

For those who knows it, easy for them, just get out in time and they hit their targets.

But for newbies, they might be greedy and could be taking out loans to invest because "they know" that their money will grow thru meme coins.
Meme coins are indeed risky, we know that. And those who have experience investing in meme coins, they are used to this risk. They know which meme coins will be hyped, buy them when the price is still cheap and sell them when they are hyped.
They know when to enter and when to exit, because they are experienced there.

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Re: Cryptocurrency good or bad for loan?
« Reply #528 on: January 30, 2025, 02:13:46 PM »
Meme coins are indeed risky, we know that. And those who have experience investing in meme coins, they are used to this risk. They know which meme coins will be hyped, buy them when the price is still cheap and sell them when they are hyped.
They know when to enter and when to exit, because they are experienced there.
The meme coins trader have acceptable high risk when investing or trading with meme coins because the possibility profit earn reach up to thousand percent and difficult earn with altcoin. I think most of them spending not much fund for meme coins investing but buy or investing many kinds of meme coins get large possibility with have any one meme coins reach up thousand percent.
Just one important when trading at meme coins have faster and right now many meme coins trader with Sol network using bot telegram get faster buy or sell coins.

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Re: Cryptocurrency good or bad for loan?
« Reply #529 on: January 30, 2025, 02:34:22 PM »
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.
So far, everyone has known that meme coins are at very high risk for long-term investment. I agree with what you said, if you can buy when the price is corrected and sell them when it is in accordance with our wishes, that is the principle in crypto, so that we do not experience losses, especially by buying meme coins that are very unstable.
In my opinion, don't get caught up in the price of meme coins that suddenly increase higher because at any time they will plunge again, like what you said about the trump coin.

Not everyone, because if we all think about the risk of meme coins, there will be no investors. So there are still a lot of crypto individuals maybe they are newbies or really knows how to play the game invests on this meme coins.

For those who knows it, easy for them, just get out in time and they hit their targets.

But for newbies, they might be greedy and could be taking out loans to invest because "they know" that their money will grow thru meme coins.
Meme coins are indeed risky, we know that. And those who have experience investing in meme coins, they are used to this risk. They know which meme coins will be hyped, buy them when the price is still cheap and sell them when they are hyped.
They know when to enter and when to exit, because they are experienced there.

Meme coins are very risky to say, people who delve into meme coins are those who have been trading meme coins for a long and they know more about meme coin trading and possibly get into it at an early stage before it comes to the public knowledge, this is the advantage they have over others who are just joining them to buy at high. Meme coin traders take their time to research on them and get information because with the information they get, they know if the meme would be hyped so as to buy early take profit when hyped and exit the market so as not to get trapped.
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Re: Cryptocurrency good or bad for loan?
« Reply #530 on: January 30, 2025, 07:10:54 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?
I never support investing by borrowing from a bank or anyone and I never do such things. Suppose if I take a loan from a bank or any person and if I invest with that loan money and if I lose money in my investment and the lender wants me to return the money that day, then I will have to face a lot of trouble and to return the loan money I will have to sell my investment at a loss. Even though I sell at a loss, I will still not be able to repay the entire loan amount, so I have to pay the entire loan amount, I have to sell the house or sell something else from the house. So you should always invest with the money you have, even if it is small in amount, so that you can get success in that investment.
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Re: Cryptocurrency good or bad for loan?
« Reply #531 on: January 30, 2025, 10:58:55 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?
I never support investing by borrowing from a bank or anyone and I never do such things. Suppose if I take a loan from a bank or any person and if I invest with that loan money and if I lose money in my investment and the lender wants me to return the money that day, then I will have to face a lot of trouble and to return the loan money I will have to sell my investment at a loss. Even though I sell at a loss, I will still not be able to repay the entire loan amount, so I have to pay the entire loan amount, I have to sell the house or sell something else from the house. So you should always invest with the money you have, even if it is small in amount, so that you can get success in that investment.
However, investing own money create some comfort because no other party would be pressuring you to return the cash within certain time frame. When you were using the borrowed money, you have a much greater risk to deal with especially where the value of the investment was to decline. Using it means that anytime you need to dispose the assets at a price that is below the cost, you end up worsening the situation and creating new challenges. With the help of only those funds which are available, you can manage the investment much better with lesser stress. Even though it is not much, being in complete charge of your own money will be a source of relief in decision making. Thus it becomes very important that one should keep their financial position in a way that investments keep running without much load.

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Re: Cryptocurrency good or bad for loan?
« Reply #531 on: January 30, 2025, 10:58:55 PM »


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Re: Cryptocurrency good or bad for loan?
« Reply #532 on: January 30, 2025, 11:16:56 PM »
However, investing own money create some comfort because no other party would be pressuring you to return the cash within certain time frame. When you were using the borrowed money, you have a much greater risk to deal with especially where the value of the investment was to decline. Using it means that anytime you need to dispose the assets at a price that is below the cost, you end up worsening the situation and creating new challenges.
Exactly. If we invest with our money, we can invest with comfortable mind. Sure, no pressure to get back the money again as long as it is not the money for basic necessities. But if we invest with loan money, there is a deadline or a certain time to repay the money. So, we can't optimize the chance of higher profits. Even sometimes we must sell for losses because we need urgent money for the repayment.

Yep, using loan money probably ends up with a worse situation. When we get losses, we also still have a burden to repay the loan money. Since we have no money, we are possible to take another loan. And this will never end..

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Offline bounceback

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Re: Cryptocurrency good or bad for loan?
« Reply #533 on: January 31, 2025, 04:09:35 PM »
Exactly. If we invest with our money, we can invest with comfortable mind. Sure, no pressure to get back the money again as long as it is not the money for basic necessities. But if we invest with loan money, there is a deadline or a certain time to repay the money. So, we can't optimize the chance of higher profits. Even sometimes we must sell for losses because we need urgent money for the repayment.

Yep, using loan money probably ends up with a worse situation. When we get losses, we also still have a burden to repay the loan money. Since we have no money, we are possible to take another loan. And this will never end..
If get confidence for earning much profit in cryptocurrency trading by using loan money actually not much problem but must prepare recovery money if get loss or have to hold firstly due price of coins get down drastically. Can't predicting for any coins have drop how long take time get recovery back or raise to higher price, if have more confidence get trading from loan money must prepare for loan payment around two or five months later.
But get loan from trading must take have small loan interest, don't take with bigger loan interest avoid if to be long term holder after any coins investing price drop drastically.

Offline milewilda

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Re: Cryptocurrency good or bad for loan?
« Reply #534 on: January 31, 2025, 05:10:41 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?
I never support investing by borrowing from a bank or anyone and I never do such things. Suppose if I take a loan from a bank or any person and if I invest with that loan money and if I lose money in my investment and the lender wants me to return the money that day, then I will have to face a lot of trouble and to return the loan money I will have to sell my investment at a loss. Even though I sell at a loss, I will still not be able to repay the entire loan amount, so I have to pay the entire loan amount, I have to sell the house or sell something else from the house. So you should always invest with the money you have, even if it is small in amount, so that you can get success in that investment.
Its never been that recommended but surprisingly there were people who are really that trying to take up the risks on which they have decided on making up some loan or borrowing money because they dont have the money that they can invest into. Its not actually bad but as much as possible it will be best that you do only invest on what you do have but of course only into those extra money that you can afford to lose because we do know that in this investment on which we dont really know on how this market behaves on which there's always that probability that it could crash down or extreme bear market which causes up for you to have a hard time on repaying up your loan.

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Re: Cryptocurrency good or bad for loan?
« Reply #535 on: January 31, 2025, 05:23:18 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?
I never support investing by borrowing from a bank or anyone and I never do such things. Suppose if I take a loan from a bank or any person and if I invest with that loan money and if I lose money in my investment and the lender wants me to return the money that day, then I will have to face a lot of trouble and to return the loan money I will have to sell my investment at a loss. Even though I sell at a loss, I will still not be able to repay the entire loan amount, so I have to pay the entire loan amount, I have to sell the house or sell something else from the house. So you should always invest with the money you have, even if it is small in amount, so that you can get success in that investment.
Its never been that recommended but surprisingly there were people who are really that trying to take up the risks on which they have decided on making up some loan or borrowing money because they dont have the money that they can invest into. Its not actually bad but as much as possible it will be best that you do only invest on what you do have but of course only into those extra money that you can afford to lose because we do know that in this investment on which we dont really know on how this market behaves on which there's always that probability that it could crash down or extreme bear market which causes up for you to have a hard time on repaying up your loan.
I posted all of you and I am very happy because you’re trading a lot of people. He invests in Bitcoin. If you want to invest in Bitcoin or crypto currency, you must remember one thing you can invest half of the money you earn is not going to invest there because you can’t imagine when the market consumes and when you deposit the market full money, you will be at risk so you invest half of your money so you invest in half of your money so you can recover with that half of your money again during danger. And keep in mind that if you’re new, of course you’ll invest with the advice of experienced and I’ll suggest you’ll notice the markets for a few days to trading from your own experience and make small investments so you’ll get a lot of knowledge done then you’ll have the possibility of winning big trades. And if you come to invest with small knowledge, you may lose money you may become unhappy. You must experience in case you can become dehydrated then express interest in investing.
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Re: Cryptocurrency good or bad for loan?
« Reply #536 on: January 31, 2025, 06:59:50 PM »

Yep, using loan money probably ends up with a worse situation. When we get losses, we also still have a burden to repay the loan money. Since we have no money, we are possible to take another loan. And this will never end..

The interest rate with the loan is to pay because the loan is never available without interest so you have to pay the interest money only when you pay the loan. Some time ago my friend took a loan from a bank and he would pay the loan if he got a profit from the crypto trading. I do not agree with the subject because to invest in crypto, there is a lot of risk. Moreover, not everyone gets profit by trading so it is crazy to collect loans only by trading. There are many people who also sell their assets to pay the loan.

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Re: Cryptocurrency good or bad for loan?
« Reply #537 on: January 31, 2025, 07:05:42 PM »
If the dilemma is for investing, so to speak, or for long-term earning through rewards, any way through the highest CEX exchange can provide you with a loan, I think, because there is a lot of money in assets and buying and selling of each. That's good.
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Re: Cryptocurrency good or bad for loan?
« Reply #538 on: February 01, 2025, 11:14:21 AM »
If the dilemma is for investing, so to speak, or for long-term earning through rewards, any way through the highest CEX exchange can provide you with a loan, I think, because there is a lot of money in assets and buying and selling of each. That's good.
This time is a very bad response to the crypto market because most of the altcoins are destroying the market. My friend purchased melena coin last week when it was worth $3 but today it was priced a lot. In order to do the present day long time holding, you must lean toward top altcoins. However, the short time can be invested in new currency, but always sell at low profit and be free from risk. Most new altcoins are down to the fast and a few prices have already died.

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Re: Cryptocurrency good or bad for loan?
« Reply #539 on: February 01, 2025, 02:11:27 PM »
As much as possible, avoid investing in crypto by borrowing either from a bank or a place that provides loans because when the payment time comes, they don't want to know that the market is correcting and you haven't made a profit, especially if we relate it to this weakening market condition, you have to make an entry point with minimum risk and maximum profit, so make sure to accept any kind of loss.
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