They borrow money to buy assets before bull run
They use borrowed money to make more money.
If u dont learn how to use DEbt to create wealth then u stay poor all ur life.
I agree with your quote here
"If u dont learn how to use DEbt to create wealth then u stay poor all ur life." Behind every successful startup there is a big balance sheet of debt. This is how big companies grow and make money by using other's money. But the fact is most the people don't know how to use money properly. They do not know money management and that's why people should not borrow money to invest in something like crypto where the market is risky.
U never use loaned funds just to buy things for u if u dont have ur own money enough.
First rule you use loaned money to make money.
Stocks and crypto u borrow always before bull run and sell ur assets even the real estate when markets are booming u pay back the loan u wait the market drops u repeat the process.
If anyone start doing this no profit for wall street wealthy guys anymore thats how powerful is investing money what u borrowed.
The real problem is how do you know when bull run starts and ends? How do you predict that accurately? There is no way. The Crypto market could turn bear from bull overnight. You won't be able to sell your assets in time if you are unlucky.