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> Investing is not something that should be done on credit I suspect you mean in the specific case of gambling on cryptocurrencies with consumer credit. Howev
by TheSpiceIsLife 8y ago
> Investing is not something that should be done on credit
I suspect you mean in the specific case of gambling on cryptocurrencies with consumer credit.
However, people purchase all sorts of investments on credit as a run of the mill occurrence. Houses, shares, forex. There are usually specific loose types for each investment type, purchasing a house on a consumer credit card would be fairly crazy.
- StanislavPetrov 8y agoNot only that, if you trade options or other futures, you are literally required to trade on margin (credit).
- TheSpiceIsLife 8y agoThat's supposed to say "There are usually specific loan types...". Too late to edit.