I was applied for a loan to fund my plan, and it was approved and successfully bought two coins it was Matic and Solana. and I hope it will work and able to multiply my investment.
That's a great idea to make an investment and it could multiply in the future but the problem is the duration of the loan and if you will earn within a month. But, since it's crypto there is a miracle you will most likely earn by 50 - 100% since you have bought on the dip.
There are some altcoins that are really worth buying on the dip, but some are not depending on the updated news of their developers like LUNA which the value might not go up since it will have a version two and it's risky and it is only worth to gamble if you think that it will go pump and that's the best time to take profit.