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.
I agree with you here. Most people take loans for business or any other thing and they pay it back. Now, they took the loan because they already prepared or are expecting the money in a few day's time to pay back. I am totally against taking loans to invest in Bitcoin as it is very dangerous. But to those who are financially buoyant and can expect huge money several times within a week or two then they can choose to take loan if the urgent buy of Bitcoin is so serious.
Let's be properly guided when we are talking about the issue of taking loans so that some people do not misinterprete it and as a result choose to take loans to finance their business. I think it is totally wrong to take loans to finance a business that is just starting the reason is because you do not know if the business will be profitable within the space of time when the loan will be due. But for a business that is already established and the investor is already taking profits in his business it is not wrong to get loans to finance any project he has knowing that his business is active to help him sort out the loans when it's due. In the area of Bitcoin investment, it is dangerous to take loans to invest in Bitcoin because you will end up being restless when the market isn't going as you predicted no one should think of taking loans to invest in Bitcoin. Bitcoin investment should only be done with an amount that is not going to affect the well being of the investor, it should be done with an amount that the investor can make from his other sources of income so that he won't be panicking or become emotionally unstable when the price doesn't go up as expected.