In as much as I will love to say you are right, I think there are also investors who does similar thing and these are investors who doesn't actually understand the market and how it works just like traders who doesn't understand how trading works because a learned trader and also a learned investor will never borrow money to trade or invest but this days it actually do happen,
Well taking loan to invest or trade as the case may be does not even mean that the person in question is not learned or doesn't understand how the system works. Just that there are time people face financial constrain and discretion amount may not be able to run all financial activities and this is as a result of fucking up down the road by over spending or recklessness and this will result in taking loan. But such loan are good when you have a backup to payback in due time. Maybe you are expecting money and you really need to invest and you are out of discretion then you can borrow then when the expected money comes then you pay and make sure you arrange yourself and never make such mistake of fucking up by overspending any more. Although such case are rear. But we must be very careful on how we spend to not find ourselves in a situation of taken loan to invest because it's. Obviously not a good idea.
Taking a loan to keep to your bitcoin accumulation ongoing isn't a bad idea but where you are taking this loan from, the interest rate and the understanding between both parties. You might be expecting your monthly income next week and the market dips, you can take a Ioan from a friend, coworker or from your Boss so that you don't miss the dip in order for you to buy bitcoin at a cheaper price. Such loans might not have interest on them or very little interest that would mean nothing to you.
Sometimes at work, I borrow money from my colleagues or I do take salary advance from my Boss make life easy for me since I cannot wait for the day I will be paid, or due to all my income being divided into various necessity, because whatever makes you to start your bitcoin accumulation, buying bitcoin regularly is a necessity. It's when you don't have a discretionary income and you just want to start your bitcoin investment that taking loan from the bank or money lenders with high interest rates is when it becomes a problem, especially, when you are planning to pay back from the profit from your bitcoin investment, that's the dumbest thing anyone should think of or do.
However, as long as you can pay back with the duration given to you or based on your understanding with whoever gave you the loan, it isn't a problem, but first you need to figure out your own financial case scenario playing around you at that moment before making such decisions to avoid messing things up yourself.
Afterall some countries are taking loan to improve their economy. Nayib Bukele applied for $1.4billion loan from IMF and after approval, he bought bitcoin the next day, because the country has what it takes to pay back the loan. If you have what it takws to pay back the little loan you collected from your co-workers, friends and family members. No problem but don't do it above your limit.
If you can never buy Bitcoin with a loan, then there will be no such foolishness. Because Bitcoin does not guarantee overnight riches. It is unstable in nature. You have to be patient and wait for it. If a person has invested in Bitcoin with a loan, if he does not find any other way to pay the interest on that loan, then he will not be able to repay that loan by suddenly making a profit from Bitcoin. However, different countries have different budgets and their plans are also long-term. Which is one of the ways to fulfill the conditions for investing in Bitcoin.