Maybe now its a good time to invest
And borrow money.
Btc goes 120,000$ if you buy now you make like over 60,000$ profit.
But dont buy just btc divide ur portfolio ...
Buy few metaverse few top coins maybe web3 and u wait ATH and you sell it.
Pay i ng back loan and u are in profit.
Next year as we all know ATH
If only things are easy to predict, we won't have any problems.
What you said will be underlying in the situation of
"what if". It's a good plan but only if things will go directly the way you want. I won't contradict or stop if someone wants to make a loan to take advantage of the price dip. People themselves know their financial capability and ability to pay those loans compare to us. If you think you can handle the risks and you are well-prepared to deal with any future problems, it's your decision.
It's your money after all.
Well, the last decision will still be in your own hands. But knowing that this market is very much unpredictable, taking loans to invest is never a good idea as it will only make your life miserable paying your debt because there is not fixed month or year when you will make profits. I know this is a great time to invest in crypto but invest on your extra money that you can afford to lose. In times like this where the market is constantly dumping, the scenario just looks the same with gambling as you really don't know when to make profits, and better prepare for losses once you start panic selling.