Why Trading With Borrowed Money is a Terrible Idea

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Why Trading With Borrowed Money is a Terrible Idea

Reading Time: 2 minutes Trading with borrowed money is a bad idea in any market Crypto markets are notoriously volatile and you could easily lose your money or get scammed Using borrowed money also means you won’t be able to trade freely Investing more than you can afford to lose, i.e. taking on debt to trade with, is a terrible idea in any market, but with the cryptocurrency markets it’s borderline insanity. Not only could you end up in debt and having nothing to show for it, the very act of trading with borrowed money adds a level of pressure to the activity that
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