Maybe he bought ETH at the peak and now the price is down so he reckons it's risky hence advises the 5% thing hehe. I like what he said though, of not borrowing money for crypto.
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The funny thing about all the stock market maximalists is that they buy into crypto at the peaks and then cry when it goes down
You’d think they would have learned dollar cost averaging by now
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Not just DCA, but also that fortunes are made in bear markets so that cash is made in bull markets. In this regard, crypto operates the same as stocks.
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Personal and bank loans are a big no. I am thinking of utilizing SSS salary and multi-purpose loans in Pag-ibig fund. 😆
Yes, not a good thing to do. As for salary/multi-purpose loan, I think it's okay since it will be auto-deduct anyway. It's like you were just taking a portion of your salary in advance hehe
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