I grew up spear-fishing when free-diving, and then got a set of tanks when I was 15. No certification was available then in our pattern of life, but we educated ourselves very thoroughly at the time, buying 4 textbooks and putting together a study and training program. We were aware of the risk, and thus quite formal about it. Never any accidents over hundreds of dives, over decades.
This was in the St. Clair river -- which is fast, cold, murky, and thus a bit dangerous. I still dive, although mostly off a friend's boat in warm ocean waters. In fact a few years ago I got a prescription built into the faceplate of my diving mask -- what an improvement!
I've never lost an anchor, but I've salvaged a few with rodes tangled in submerged logs and trees and such, free-diving. Helped other people in anchorages.
But I spent $300 replacing a prop once that I could have found using that small bottle. And it would be handy to pick up car keys and tools and such off the bottom.