Debt...

[khaler 1549]

I agree with you on this point that no one should borrow money and investment because this field is risky and if you lose the investment you will become in debt

[BTC Future 3946]

Borrowing to invest might be the worst idea possible at any given time. It is like borrowing to gamble on slots or any casino game. Totally wrong move, especially if someone borrows outside of the traditional financial system (i.e. banks/ credit cards) but from individuals. Then it will be even more at stake besides financial problems. Anyway the risk is always too high and there is no reason at all to borrow. If you don't have the money to invest in the first place, then forget it. Also this market is highly volatile. We always comment that noone should invest more than he can afford to lose. Someone that borrow money, obviously can't afford to lose them.

[Raven 7817]

On 3/23/2020 at 6:08 PM, Cammer said:

Hello my friends. I know that a lot of you are beginners and don't have money to invest (or don't trust in earning money online). Cryptotalk is a good place for you to get money for starting and get information about the Crypto world.

But remember, never borrow money from other people to invest. Imagine this investment fails? How are you willing to clear your debt?

That what I mean and I am sure you get the picture. 

Good luck!

I think you're right,  i agree with you. It is very hard to pay your dept if your investment failed. I think they should try to make their own money post by posting here so they could used it for their own investment. 

[Omar Ommeish 4872]

There are benefits from getting money from investment, but its risk is very great, because we do not know what investors are doing with our money.

[Opinder 1310]

On 3/23/2020 at 3:38 PM, Cammer said:

Hello my friends. I know that a lot of you are beginners and don't have money to invest (or don't trust in earning money online). Cryptotalk is a good place for you to get money for starting and get information about the Crypto world.

But remember, never borrow money from other people to invest. Imagine this investment fails? How are you willing to clear your debt?

That what I mean and I am sure you get the picture. 

Good luck!

Right, we should not take debt to invest in unpredictable market. Just only invest which you are ready to loose. Crypto is totally risky, no body knows when it would crash. It is just runing upon believe.

[Ms.o 3322]

Agreed! Borrowing money or even crypto must be avoided,it is better to make use what you owned or find other way to get free crypto that you can use to invest soon like cryptotalk,because borrowing money or crypto have interest so,profits you will earn will go to the interest that you need to pay so its useless.

But its not actually wrong,you can borrow money to invest as long as you have knowledge dealing with it to get good profits.

Edited April 3, 2020 by Ms.o

[Honny143 13612]

When we have no investment funds then leave the platform like trading are any investment platform, but don't take borrowed fund any platform, not only crypto its works in fiat currency also, because this not good for us, some time its create panic situation and so many tension also, so I personally suggests don't borrow funds in any investment purpose.

[Virgil dijk 1431]

Well it's true Investing might be very risky so it's not adviceable to borrow money and Invest , so if you don't have money to  invest it's better to earn free bitcoin in forum like Cryptotalk , it's one of the best site ever.

[bentayebsalah 2280]

Your words are correct, you must stay away from taking a loan and debt for investment because it is not safe in the event of your loss and it is necessary to search for sites such as this forum to achieve a good profit daily through it

[Whited35 15285]

Either loss or gain , both can be possible in the currency trading field. If we have taken loan to invest in cryptocurrency, we should be first aware that we should also be ready to face the risks of loosing money in the crypto world because it's highly volatile in nature.  

[bitcoinb 1359]

2 minutes ago, Whited35 said:

Either loss or gain , both can be possible in the currency trading field

I remember when Ethereum was at $7, I was saying to all my friends and familly to buy $100 of it. I said to my brother to invest $1000. I promoted Dash when it was at $2. My friends and family did not take me seriously .... I could not invest because of the debts. My last debts will be paid next month. To be continued...

This topic is a good reminder for all of us.

[Cammer 4609]

On 5/1/2020 at 9:19 AM, Jump said:

Yes I think that we should not have debts and ask others that we don't know for borrow money. I think that is dangerous because you might harm yourself or they can harm you if you won't pay to them. Stop having debts with strangers and earn money by yourself.

I am not against borrowing money from family or even close friends, but borrowing from people you don't know very much is not good at all. I have borrowed some money before and I returned it.

[betelihem 4766]

On 3/23/2020 at 1:08 PM, Cammer said:

Hello my friends. I know that a lot of you are beginners and don't have money to invest (or don't trust in earning money online). Cryptotalk is a good place for you to get money for starting and get information about the Crypto world.

But remember, never borrow money from other people to invest. Imagine this investment fails? How are you willing to clear your debt?

That what I mean and I am sure you get the picture. 

Good luck!

Oh men i don't like borrowing moneys from any one, and yeah you have a point if the investment falls then we are on big risk, and personally i like online free money earnings and its easy that we can earn them from any where.

[ETheHedgehog 3104]

a general rule in investments of any sort is this, only invest what you can afford to lose, never borrow money for investing when there's a chance of losing it all

[Calvinpriva 17296]

I agree with you friend, we have to work even if we will get paid small amounts from any job that we will get, but its not good to borrow money then invest it. Investment has two results, fail or win so its good to start with your little money.

[BrolySSJ 7899]

This is rule number one when it comes to the crypto world. You are only supposed to invest and amoutn that you are comfortable with losing and not a cent more than that. This is because the crypto market is very volatile. Therefore you should never take a loan to make these investments as it could result in huge losses in which case you will not be able to pay off your loan and you could be forced to mortgage and so on. I think that this should be heeded by all in crypto.

[Cammer 4609]

21 hours ago, Calvinpriva said:

I agree with you friend, we have to work even if we will get paid small amounts from any job that we will get, but its not good to borrow money then invest it. Investment has two results, fail or win so its good to start with your little money.

Borrowing money from family or even close friends is pretty acceptable for me because I am sure that I will return the money if I succeed in the investments I will make.

[AkaCrafterCZ 1140]

I'm staying away from any borrowing at all. I rather work with the funds I made by myself. The worst thing you could also do with your borrowed money is to gamble with them. You can quickly fall into debts and you might not be able to repay them.

[Wilmer Garcia 0]

That's right and I agree with you I think that working daily on this forum you will learn a lot while you earn money that you can save it to start investing and in case you fail try again and improve your strategy

[Bohana 2143]

2 hours ago, Cammer said:

Borrowing money from family or even close friends is pretty acceptable for me because I am sure that I will return the money if I succeed in the investments I will make.

I agree with you my friend. There's no problem in borrowing money from family as we all trust each other. I have taken a loan from my brother and invested in a big project. Now, I make double money.

[Thekingcallme 1975]

Yes, your words are true, and you must rely on yourself and do not trust everyone, and do not borrow money because that is not good for you in the event of a loss.

[scorpiali 5626]

Any one should use the earning form this forum to learn how to invest and where to invest ,never use your own money until you can learn how to invest and then you can use your money ,and the forum give a good opportunity to learn any way that you can use later 

[DreamStage 2105]

Well i have never borrowed due to the same basic principles as you mentioned. Who knows what the next person holds, as if he will bankrupt or blame you , sue you for his coins (in case you ask him the borrowing)

 

Now if you borrow to some other person the same thing applies, only if you know him well you should do such thing.

Always believe in that person if it provides you with trust and skill.

 

 

[Treat1234 0]

On 3/23/2020 at 11:08 AM, Cammer said:

Hello my friends. I know that a lot of you are beginners and don't have money to invest (or don't trust in earning money online). Cryptotalk is a good place for you to get money for starting and get information about the Crypto world.

But remember, never borrow money from other people to invest. Imagine this investment fails? How are you willing to clear your debt?

That what I mean and I am sure you get the picture. 

Good luck!

If you are ready to invest for a site I advice you to use what you have in crypto talk so that you can invest even though you loose you can still recover your money in this forum.

 

[Gooooku 421]

Yeah its the best place to earn money you just have to spend 2 to 3 hours and you can earn your daily coins and i agree with you not to spend your money on any debts or loans you might get scammed as well so stay away from that just ask expert where to invest