I remember this thread in 2017 in the French part.
https://bitcointalk.org/index.php?topic=2425439.0At the time OP wanted to borrow to buy BTC. As we know today, he would have made a great deal (plus, a rare thing at the time, his banker was OK to lend him the money).
Yet almost everyone advised him against it. Why was that?
It seems to me that all investments involve risk. What makes borrowing to invest in BTC any more risky than investing in a start-up, opening a business or buying a house (which may be full of defects, for example)? If the person's financial situation is stable and the banker, after studying the file in depth, is OK, I don't see why you can't borrow money to buy BTC. In fact, this is what some large companies do.
You are right to be honest, I read this post now and I kind of regretted not taking this step from way back, but then on a second thought, I said to myself that I don't really have to regret since way back then, it was hard to tell what bitcoin could become.
So, in essence, we don't have to blame those who advised him against borrowing to invest in bitcoin, because nothing is more satisfying than knowing that you've made or gone into an investment and you don't have anyone come knocking on your door for their money when things get hard and you are unable to pay the money at the time you promised you would.
But then, those who have stable income can always borrow to invest in assets like bitcoin, atleast, for the fact that they believe they can clear the debt from their income if by the time they are supposed to pay back the money, the price of bitcoin hasnt appreciated enough to generate enough profit.