My opinion about taking a bitcoin loan is to first know bitcoin well and understand where you are investing. How much it will be profitable for you at all since you will be investing with debt. Because i am talking about the Bitcoin market is very volatile. No one can tell you for sure that investing in Bitcoin will make you profitable. It is true that investing here will yield huge profits but there is no telling when it will happen. The Bitcoin market fluctuates a lot. So I think it is not right to invest in Bitcoin loans. Why I am saying this is that if you buy Bitcoin with a loan, its value may decrease in a short period of time For this it is better not to invest by borrowing.
There are benefits and disadvantages. Leveraging a loan to invest can double your investment risk.
If you are luck and your investment performs well. Then surely you will be over the moon but on the other hand if it performs poor then you no longer losses the money but then you have obligation to repay the money or loan you have borrowed.