[Yugocean]

Trading is done by almost everyone, although there are many investors and traders who started their businesses by taking loans and have successfully earned profit and name in this field, But they do this on the basis of their cleverness and well-developed strategy. The average investor should avoid this. There is a clear rule for the average investor: "Invest what you can afford to lose".

[Treborika]

Why waste your hard earned money in activities that you know nothing in. Trading is not for everyone, it's for the experts who spent a lot of their time and money studying it in the relevant schools.

[Xynehappy]

It's normal very risky to take a loan to start a business of any kind. Trading is therefore very risky and you shouldn't take a loan for trading according to me.

[augusta]

I always like that line only trade or invest what you can afford to lose. This is what we should know and avoid doing to save ourselves our hard earned money to avoid losing Big

[Nsikan]

Don't take a loan to start any kind of business. You can take a loan to expand an existing already established business.

[Yugocean]

Trading is risky, but this is how market goes. If your country have bank safety, then save in bank, otherwise trading is better.

[Nsikan]

Why would someone even take loans in the first place? When you can just plan your life out.

[augusta]

Why would someone even take loans in the first place? When you can just plan your life out.

This is my kind of mindset I like doing things with the money I have I don't like stress of any pay back

[astutimeliana723]

Yes, I like this mindset, I also avoid going into debt for trades, unless pressured by circumstances. If I borrow it then I will immediately return it when the money is there.

[Abdulhamid001]

Yes, I like this mindset, I also avoid going into debt for trades, unless pressured by circumstances. If I borrow it then I will immediately return it when the money is there.

Unless being certain it would yield greatly, I don't like the idea of taking loan for investment purpose and even if I would borrow, I rather borrow from family members or friends and pay back in due time.

[Kenti]

I don't even believe in loans. It kills a person's financial life and reputation most times.

[augusta]

I don't even believe in loans. It kills a person's financial life and reputation most times.

This is why it is always good to take sn informed decision when it comes to taking a loan

[Inem]

I don't even believe in loans. It kills a person's financial life and reputation most times.

I can relate with the reputation part. Someone would come to embarrass you anywhere.