There are bad debts and there are good debts. Bad debts- loaning money to buy a car that won't be used for business ( Uber, Bolt). Loaning money to buy a pair of shoes, clothes, a piece of furniture etc.
Good debts - loaning money to purchase something that would appreciate in value over time. Real estate, precious metals, commodities etc.
They say poor people have bad debts and rich people have good debts.
One of the popular pieces of advice you'd hear in the Bitcoin space is to never borrow to invest in it.
Despite the volatility, our hope is that Bitcoin will appreciate in value.
Would you classify borrowing money to invest in Bitcoin as good debt or bad debt?
If lending money is only for the sake of investing in bitcoin, in my opinion, I don't agree, that's because it can be fatal if market conditions don't support it and of course it's a bigger risk, but if it's for investing in real estate, or precious metals, I really agree because there are visible objects. .
but to invest in bitcoin or other crypto it is better to use money that has nothing to do with loans or debt.