You need to borrow bitcoins when the need arises. However, you need to be careful when doing the borrowing since you may end up paying back more than double the amount of bitcoins you borrowed. Of late, bitcoin prices have been fluctuating due to the fact that most people have ventured into this business. With this in mind, there is need to carefully know your limits. Borrow bitcoins when all the possible alternatives have been tried and haven't produced fruits. You know the whole idea of borrowing is not always a good practice and should always be avoided at all cost.
Just borrow money when you really on need. Like to pay some bill or for medical issue.
And before borrowing some money, you need to find a way for pay them back with interest.
If it is not so important, don't take a loan.
That's true, for some case bitcoin is not suitable for lending platforms. That's why we better not take a loan both in BTC or fiat currencies.
And if someone take a loan from BTC, either the BTC price going up or down, they need to pay the loan money back + interest with BTC again. Never make loan with 'lock rates or price' contract. Believes me, it will make you loss. Beware of loan whale.
), better to use your money, or if you have nothing, go work, earn bitcoin and do a trading.