There are people who go as far as taking loans and going in to debt to acquire Bitcoin, which personally I think is improper. Because you never can tell they can be repercussions but whatever be the case everyone still has to do what they themselves think is right.
Investing with debt is never right and it is not advisable, why invest in debt when you have an source of income? We have to be very careful while investing with debt because we have to be careful not to sell our investment in any way. Instead of investing with debt, my advice is if you have some amount of money i.e. small amount then invest with it. Later, when you have more money, you can buy more Bitcoin. Keep investing by continuously buying Bitcoin in this way.
The issue with debt when investing depends mostly on collateral, I’m not sure if this is popular probably people still practice this. When taking loan there’s a requirement besides I will not advice anyone to involve in such and there’s what we call interest rate, it might increase depending on the time and what if the investor is not yet financially stable to settle the loan meanwhile investing is still at the corner waiting let’s imagine. Personally taking loan when it comes to bitcoin investment can be stressful and unhealthy so why should anyone stress he/herself, the concept of investing should be done moderate according the level set.
Taking a loan to invest in Bitcoin is very wrong, why would you take a loan to invest in Bitcoin knowing fully well that Bitcoin investment is not a Ponzi scheme, I have a friend when he started Bitcoin investment as a newbie he went to take a loan and then used the money to buy Bitcoin and hold, he was thinking that before the expiring date given to him to repay the loan Bitcoin would have rise and he will then sell and make profit there by paying off the loan, but it didn't work for him like that, he had to sell of the Bitcoin he was holding and sold some of his property in other to pay off the loan together with the interest,
Bitcoin is an investment that we shouldn't rush into just to make quick money, if you want to invest in Bitcoin you need to have a source of income and then start buying Bitcoin little by little using the DCA strategy, if you don't have a source of income you don't need to invest in Bitcoin because if you do you may be tempted to sell it off and use the money to settle your bills. The only reason an investor can borrow or take loan is when he has used up his backup funds which is emergency, reserves and float funds and instead of dipping hands into your Bitcoin investment you can take a loan as long as you have a source of paying back but if you don't have a source of paying back then it is advised to dip hands into your Bitcoin investment.