Investing with borrowed money, especially in assets like Bitcoin, is actually more stupid than planned investing. While there have been cases where individuals have made substantial profits from investing in Bitcoin, it's really not that much, and I find it more fortunate than a well-intentioned scheme. Profit is not certain, so work, and once a case of loss occurs, I think life will turn into a very wonderful new chapter when debt is not paid.
not always what you plan will go accordingly. Some plans may fail leaving you in the middle of nowhere.
So better live within your means and don't borrow or dont take loan unnecessary - try to manage the funds you already have and invest when you have surplus and you can afford the loss too.
I am somehow guilty of this- there will be times where I mismanaged my expenses and at the end of the day, I would end up loaning money where I pay interest rates weekly.
While this kind of practice is considerably acceptable, when it becomes a habit, it can definitely take a toll on the expenses. The interest rates that you pay keep increasing and you would not notice on how much money is loss due to this. At the end of the day, you could pinpoint the exact reason on why this happened in the first place- which is mismanagement of expenses.
I do hope that I get to manage my resources and control my expenditures by avoiding ordering too much. This really has become a problem over the past years and I wish that I break this habit of exhausting my money and relying on loans every now and then.