This strategy will work, if the Crypto prices goes up and you are able to pay the 10% interest on the loan, but what happens when the Crypto price drop? Well, I have seen many people doing this and FAIL miserably, because the Crypto price dropped significantly and they had to pay off this debt, from their own money.

A lot of them had to sell at a loss to enable them to pay the monthly interest that had to be paid and that ruined them financially. The people that has been in this scene for a long time, will always tell you NEVER to buy Crypto with debt. The people telling other people to do this are probably scammers and someone with a hidden agenda. (price pumpers)