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Personal loan
Is it wise to access loans to start trading crypto?
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[QUOTE="Jasmine, post: 191557, member: 49159"] No, it is not a good idea to invest in crypto currency through your loan. Let say you got a loan of $1000 for 6 percent interest from a bank. You will have to pay $60 per month as the interest on your loan. However, if the crypto market went non the bearish run right after you invested and did not rise for a couple of months, how will you pay your interest on loan, let along paying loan installment. If you want to invest in crypto you should invest the money that you can afford to lose, or only from your savings. [/QUOTE]
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Is it wise to access loans to start trading crypto?
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