I heard that there were people who invested in crypto, and ended up buying crypto and their money from loans, but it's a shame they suffered losses because they invested in altcoins, but they lacked knowledge and lessons about crypto. but with this incident it made me think that investing in crypto should not result from loans because,,,
will make the mind uneasy, and always in the shadow of the deposit every month.
if you use borrowed money to buy altcoins in this category > no track record yet - reputation - use case - new project, then I guarantee 1000% you will lose.
First of all, even if you use your cold money, basic knowledge of what you are going to buy is very important because many people cannot tell the difference between bitcoin and altcoins and when they see the price of bitcoin, they choose altcoins whose prices are much lower due to lack of that understanding.
so in my opinion, don't invest from borrowed money because there will be potential losses, what do you think, do you agree with me?
I don't recommend borrowing money for crypto investments, but if you have the ability to pay in installments per month, why not give it a try? some time ago I managed to buy bitcoin at $17k with borrowed money and now if I sell, I am already profitable but I have no intention because I intend to pay in installments from my side income.