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Anonymous

18 Apr 2019

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I want to borrow for more leverage to do investments. Should I get a bank loan or just work purely through margins on trading platforms?

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Yong Kah Hwee

28 Feb 2019

Don't be tempted by greed! I would highly advise taking a loan to make investments. In the worst case scenario, you'll lose the money plus be in debt!

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YT

27 Feb 2019

Highly advise against it since if you make a loss during trading, your total loss will be compounded. invest with what you can afford.

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Related Posts

Hi all, what platforms do you use when you want to get a loan, insurance policy or get a credit card? Are there any platforms that also provide recommendations?

Why do borrowers choose to take alternative financing via your platform, when they could just take bank loan from banks?

Does anyone know how does Gemini work? I want to sell my coins and get the profit. Does the profit automatically get transferred into my linked bank account?

Has anyone have any experience in getting a personal loan from the bank for short term investment purposes (1 year)? Let's say a low 1%+ interest loan for 20-50k for 1 year period?

I am thinking of starting some low risk investments, more for purpose of getting long run dividends. What's the first step? Is it just going to a bank and say I wanna open a trading account?

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