I am interested in opinions about borrowing in cryptocurrency.
If a cryptocurrency will have low price volatility, then would you borrow in that token?
If not please tell why?
I think it is ok to borrow money in a form of cryptocurrency.
The problem in cryptocurrency is, the price is volatile. For example you borrow ETH at $260, and 1 month later the ETH price increased to $300,
your debt will be higher than your borrowed ETH. It will be better if we borrow in a form of stable cryptocurrency.