A friend asked me, I lost nearly 100,000 yuan in trading, and all of it was borrowed, what should I do?
I think you have two things to do now.
First: stop trading.
The previous principal was borrowed, and I have lost 100,000 yuan. If I continue to trade, I will definitely have to borrow money again. The debt is piling up. If you are burdened with a very heavy debt, you will be very anxious and want to make up for it as soon as possible. You will never make money in this way, so stopping trading is the wisest choice.
Second: Don't be overwhelmed by debt.
The debt has been owed, and the top priority is to find a way to make money to pay off the debt. In today's society, as long as you are willing to work hard, a debt of 100,000 yuan can be paid off in a year. I have a relative in my family who works 14 hours a day as a deliveryman and can earn 20,000 yuan a month. Even if he doesn't have many skills, he can still pay off his debts as long as he is willing to work hard.
After paying off the debt, you can start again without debt.
As for whether to continue trading in the future?
My suggestion is that you should have a stable job before considering trading, so that you can keep a stable mentality. You should learn before trading, and make sure you have the ability to make a profit before entering the market, otherwise the outcome will most likely be a loss. It may not sound good, but it is true, and I hope you can listen to it.
