Avoid debts while dealing with the bear market

I have discovered that there are some individuals who engage in crypto loans just to be able to keep buying the dip on the crypto market, well even though I am a fan of buying the dip, I do not support the idea of engaging in several debts just because one wants to buy the dip..

This is a crypto market and nothing is 100% guaranteed all the time, and what if the bear market continues for a longer time , that means the person will keep owing debts till the point that they might go totally bankrupt..

I have a personal opinion that a serious trader should avoid servicing alot of debts while trying to trade on the bear market , you should leave the market at the moment instead of engaging in debts that could ruin whatever financial freedom which you were initially aiming for..

Imagine if after all the debts , the market still remains bearish for the remaining months of the year?? Would you even be financially ready to pay back the unnecessary debts when the bull market comes up again or would you even have money to be able to take advantage of the bull market when it finally happens??

Buying more coins during the bear market is a good idea but I do not think we should engage in crypto loans just only because we want to buy the dip on the market.. What if the dip do not end anytime soon, how will you handle your several debts without it hurting you on the long run ?? Think deeply about it..

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