Since bitcoin investment is a long time investment I don't accept the idea of taking loan to invest into Bitcoin instead it is better you accumulate with the little amount with you, paraventure after taking this loan and the work you are hoping for to pay from now stop or something happened along the line and you were been sack from your job in that process you may decide to sell your bitcoin hodling even at lost to make sure your loan is been repaid at the time you may regret taking loan to invest into Bitcoin it is better to keep increasing your Bitcoin stack gradually little by little using DCA strategy to accumulate and hodl for long then you can choose to lump sum if probably an amount of money you weren't expecting comes your way it could be lottery or some bonuses at place of work to increase more your bitcoin accumulation than going for a loan to invest into Bitcoin, bitcoin investment shouldn't been seen as other businesses where you can take a long before two three months you have sold out some money to pay back remember that Bitcoin investment is a long time investment.
You made a good and valid point here, taking loan for investment purpose is actually wrong in my own opinion, because it puts you under unnecessary pressure of playing it back .
Secondly, another major obstacle and why it wrong to take a loan is that so many loan carry's bogus interest rate that wouldn't be ideal for any investment on the longer run.
Though their are some loans you can be gradually paying back from your paycheck, but the challenge their is mostly the interest rate.
But one important question we actually need to ask ourselves before taking such a step is that, if something bad happens to our investment, can we afford the loss?
If no, then it's actually a terrible idea to the person in question to take a loan to invest, because the risk is too much too bear.
Yes, investing in Bitcoin with a loan is a very bad idea, because the loan you take, it will have to be repaid with interest after a certain period of time, and if you invest in Bitcoin with this loan, is there any guarantee that Bitcoin will give you a guaranteed profit? Bitcoin is an unpredictable, and Bitcoin never guarantees anyone a guaranteed profit. So if you invest in Bitcoin with this loan, and if Bitcoin will dump in the future, And then if it's time for your repay time your loan, then at that time you have to sell your Bitcoin holdings for repay your loan, (at a lower price than the investment), then how will you repay your loan with interest? At that time, the actual amount of your loan will have to be paid from your pocket, and the full interest will have to be paid entirely from your own money. That is, if an investor invests in Bitcoin with a loan, he will may face a huge loss.
So investor have invest in Bitcoin with such money, which even if lost, it will not have any negative impact on your lifestyle. That is, invest with the ability to lose, and no matter how small the amount is, there is no problem. Just buy DCA with a certain amount of money according to your income and expenses, and keep it undisturbed for the next 2 to 3 cycles, then you will have the possibility of getting very good profits through it.