Sure, debt is a more sophisticated instrument as compared with straight-forwardly living within your cashflow, and it seems to me that the best kinds of debts and/or loans that have already considered ways to pay back the debt, and without relying upon the appreciation of the investment in order to accomplish paying back the loan, and surely there are also folks who are able to muster up way more favorable loan terms than others, and it may well be neither unethical nor imprudent to personally profit from personal credit and/or even collaterally-based credit that is relatively well thought out, accounts for the costs of the loan(s) and other applicable terms.
Surely, the use of loans and debts is not a basic technique to be applied without weighing costs and benefits, but it is a technique that can both be learned and employed in relatively risk-free (or risk-minimized) ways. Admittedly, there are a lot of folks who neither know how to employ or to manage debt, and who should not be using debt based on their own skills and/or circumstances, yet the mere fact that a decent number of folks do not know how to use debt or they employ debt under the wrong kinds of circumstances, that should not cause debt to be eliminated from the list of options that someone might well be in a good position to reasonably deploy.
I quite understand your point sir, I was on the notion that loan is good to invest in Bitcoin when a person is out of discretion due to lack of proper management, that in such situation loan can be needed if there is hope to pay back. But from this statement you made, I have learnt that loan may be good but not what many guys can do. Just like the last paragraph I bolded shows how many guys may be lacking behind in times of loan management, I also rememberd that if someone could not have been able to manage his discretion to the extent of taken loan then probably he may as well not be able to manage loan if taken. So guys should be able to weigh their capacity or capabilities in term of financial management before such idea should even be nursed in their mind.
Surely, a guy who already has strong cashflow management skills and has even demonstrated to himself that he is able to strongly manage himself through a variety of situations and circumstances, then such guy with strong cashflow management skills is going to be better in terms of either using debt or even better in regards to using other kinds of financial instruments to either leverage or to buttress his already strong skills. Surely, some kinds of financial instruments are more complicated than others, and loans need not be complicated, even though they have potential trade offs, including tendencies to need to pay fees and to even be able to manage how the loan might come due and various penalities that could exist under certain kinds of default situations that could end up playing out, even when a guy might already have good cashflow management skills, there could be circumstances in which loans might have conditions that trigger the need to fully repay the loan prior to the originally agreed-to due date.
Of course, like you mentioned, some folks consider loans to be something that would be employed under emergency situations, yet it seems that many times if someone might have gotten into an emergency situation, then loan conditions that he is able to negotiate would likely not be as favorable as a loan that might be used in circumstances that a guy has strong financial circumstances and abilities to negotiate more favorable loan terms.
I am not even advocating that loans are necessary in order to get ahead in finances, yet they are not necessarily the villain that some forum members portray them to be, even if many times guys might not know how to enter into a loan in a favorable way, even while accounting for some of the extra costs and fees and risks that may also need to be calculated within considerations of whether to actually enter into a loan that might be available for them to take.
In conclusion loan is not for everyone but for people who are financial minded or wise, and not for guys who should not have been using dept due to lack skill and or using it in the wrong circumstances.
Bitcoin tends to have many ways that guys can get rich based on regular strong cashflow management practices, and frequently there is not going to be any need or any advantage in getting any kind of loan, especially since it also can take a decent amount of time to build up strong cashflow management and perhaps other financials that might even allow someone to be able to negotiate favorable loan terms. Guys frequently want to run before they walk, so they become their own danger when they are overly complicating their own BTC investment practices. Another thing is that guys will frequently become quite empowered and powerful from their own building up of their financials and their cashflow management, so they are going to be way better informed about the parameters of entering into a loan or trying to utilize other financial instruments (including recognizing the various disadvantages that could come from adding more risk to what they are doing), so many times, guys will choose to purposefully NOT employ debt because they can recognize and appreciate certain strengths of their own approach that comes from not complicating their various calculations or even sometimes burdening their relations when they might be in a better position to not try to negotiate loans from family and/or friends, in the event that such person might want to involve their family and/or friends in financial agreements.
Sometimes a guy might also purposefully enter into a loan merely because he wants to build up his credit, so he might enter into such loan while completely knowing that he can pay the loan back and he might not get any actual benefit from the loan, except to build up his credit, and surely there can be good reasons for people to want to build up their credit, even if they might not be frequently using the credit they have built up over many years of entering into various debt relationships.