accumulation.
For real loan is not for everyone. If you read books like "think and grow rich" you will understand that taking a loan is a good idea but not for everyone. Taking loans for business is cool while taking loans for investment is a lot more risky than for business. And not everyone has the capacity to pay as agreed. Most persons after taking this loan it becomes a problem for them to pay back. Before you know one or two years will pass and the interest will be bigger than the original loan amount. Whats not the essence of the loan when the investment made has not yielded the interest and you are already paying it because of loan delay. Like i said its not for everyone.
I think you have actually said what I want to hear in your write up here, am talking about the statement I made bold in your write up.
Taking a loan for you to expand or to put in an already existing business is very much cool, and it's one of the best approach to grow your business as long as the interest rate is on the lower side, but taking a loan to start up a business or even your Bitcoin investment is actually a terrible idea because you are not actually certain on how things might play out, like an already existing business that is quite aware of things already.
So in my own opinion, it's a wrong move to start up your Bitcoin investment journey with a loan money, because a loan comes with it's own added pressure which is not ideal for a Bitcoin holder, since it's a long term investment, not something that you can just pull out money anytime like in the case of a business, if you are paying through installment.