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Another scenario is not to take loans in order to buy Bitcoin. You have to return loans by selling Bitcoin and you never know the price of Bitcoin in immediate short term.
Good debts have a good advantage and can be helpful as far as it is what we can afford to pay effortlessly.
Well we all no that good debt has it own repercussion just as you have said it all Good debt has a very good advantage this loan can be beneficiary insurance it can help in wealth improvement and help improve financial stability and i have learned about this loans it is more affordable amd manageable within your financial budget.
Well if this is been used in the accumulation of bitcoin will it be a bad idea? first of all loan is not allowed to accumulate bitcoin using loan to accumulate make its feel like the wrong part of losing, that why most people don't borrow what they can afford to pay.
Using borrowed money to invest in bitcoin is certainly not the right thing to do. Because what is called a loan, especially borrowing from a bank, there must be something called installments every month. So if for example the borrowed money is invested in bitcoin, then what about the installments that must be paid every month. Because installments must have become an obligation that must be paid every month. Because if not, the goods used as collateral will definitely be confiscated by the bank. Therefore, maybe paying by selling bitcoin is the only way. That is why investing in bitcoin using borrowed money is a path that we all really have to avoid. Because I can assure you that our long-term investment flow in bitcoin will not run smoothly. Especially if you don't have a regular income every month, I think it will turn into a very big difficulty. So I personally have really emphasized that investing in bitcoin must use discretionary money and other than discretionary, I don't think there are any other funds that are suitable to invest in bitcoin. So whether it's an emergency fund or borrowed money, both are funds that are not right if invested in bitcoin.