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I believe that if you have a steady income, it's best not to borrow money when investing in Bitcoin. If you have a steady income that can essentially provide discretionary funds each month, I believe it's better to use that discretionary funds than to borrow. While it's true that borrowing money to buy Bitcoin and having a steady income can make things run smoothly, we shouldn't just look at the positive side of things.
We never know what the future holds. Furthermore, trust me, having debt will slightly alter our mindset and significantly impact our psychology. Even if we have a steady income each month, I'm sure the anxiety will persist, and that's what will make us psychologically unsettled. Therefore, I believe that unless absolutely necessary, it's best to avoid borrowing money, especially for investing. In my opinion, that's clearly not a good idea.
This is a very good idea for those of us who frequently invest with the goal of being safer in our investments so that ultimately we don't experience many things while we are actively investing. I also think why would we borrow when we always have income every month or week whether small or large that we can always buy things we need. We can also use the remainder to buy Bitcoin to become our future asset even if it's only a small amount but we always prioritize consistency in following our investments with the results we earn weekly or monthly as a rule when receiving income.
That's certain because we will always feel anxious when we are still tied to others just by having debt. However if we don't have debt I think our anxiety every time we earn money will naturally calm us down without thinking about our attachment to the person who gave us the loan. I think our mindset without being tied to that I think is safer and more controlled, and it's easier to avoid psychologically becoming increasingly anxious when earning money because it's all due to our attachment to the party who gave us the loan. Our minds will always be anxious before we resolve the problem. So this needs to be avoided because we will always be safe and not anxious when we earn money as the money is entirely ours.
