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.
In essence, to avoid something unwanted, it is better to avoid debt for investment even though it is a bitcoin investment that has a future, but we must also know that the fluctuating price of bitcoin will make you fail to pay your debt on time.
Before investing, it should be better for us to learn about good financial management. If all has been done, then invest. Investment must use cold money, so there will be no panic and so on. So don't invest with money for daily living needs, let alone take loans, of course this is a bad decision. So even though the price of Bitcoin is falling like this, if you can't manage your finances well, it's better not to force yourself to buy it, it's better to do DCA with enough money. Besides, bitcoin investment is for the long term, not for the short term.