This is worrying. If this becomes a widespread trend, we definitely are in bubble territory. there are stories about people who sold their house, went all-in on Bitcoin and became millionaires. But that doesn't mean others should try to adopt the same strategy. Not everybody can afford to take such a big gamble.
This got me thinking the same thing, this is not a healthy behavior. It's the sort of stuff that gets the government attention and its urge to control.
Funny turned out to be the moment. Several months before this incident, I thought about taking a loan for investing in Bitcoin. But one thing stops me, that there are too high risks, and then there is instability. In security I closed this question for myself. And I continue to think so, is this normal?
I had the same thoughts about a month ago. Same thing stopped me, the risks. I kinda regret it, kinda not. If one thing, Bitcoin proposes to replace the current credit system, so I see some hypocrisy in that.