You are viewing a single comment's thread from:

RE: Borrow To Trade? - Why It´s A Stupid Idea To Borrow Money For Trading!

in #trading6 years ago

It is really sad that an article like this has to be written but it is obvious it does. The stats you provided exemplify how moronic it is.

You would think that people learned after the dot.com bust when people were using credit cards to buy stocks only to realize they were worthless 6 months later.

The old adage, never invest more than you can lose.

Sort:  

It´s really sad to see that people are always making the same mistakes again, especially whenever it´s a dumb one like gambling with borrowed money. Investing in crypto isn´t anything else than that!