Well thats just stupid. I took out a big loan to buy a bunch of bitcoin in late october just before the price went nuts. It was a fantastic investment. But I didn't take out more than I could afford to pay off. If anyone really did take out loans that were so big that they can't afford to pay the monthly payments without selling their investment thats just stupid no matter the market.
You see,most of the people don't do that[the underlined part]. They borrow more than what they can afford. Usually this is a big no in trading,unless you know what you're doing,like deep shit.
The key is staying positive on the long term outlook. My brother sold half his bitcoin a month or two ago because he said he didn't wanna stress over it. I told him that was very stupid. He only had a bit over 1 bitcoin anyways, so even if he lost all the money its not like he'll miss it in the long run, but if he had stayed positive he might be sitting on well over $100k in a few years. Just gotta keep a positive long term outlook. Sure it sucks getting trades stuck for a few months or watching your portfolio go down for a few months. But if you wait long enough 99% change you'll be making lots of money again in the relatively near future.
Yeah you can't wait long if you have borrowed a loan,I mean think about it. Staying positive is essential but being smart is more essential. The more stupid you act,the more you lose.