It is not adviceable to use a line to invest in Bitcoin because it will definitely affect your purchase of Bitcoin and the loan can force you to sell your Bitcoin when you are not determined to do so, and so you now go back to zero level,since loan comes with interest rate, how do you pay it off, what about the collaterals for the loan aside from the interest rate, how well will it be met with the time frame, it is better you have an alternative source of income to add to your salary and start building your portfolio,that is why it is adviceable as a new investor in Bitcoin, you start with the DCA strategy which will help you buy Bitcoin little by little buying and HODLing it for a long-term.
If you are planning to invest in bitcoin, I don’t recommend you take loan or sell your property just because you want to invest in bitcoin, you should invest with your own money, and it shouldn’t be with everything you are having, you should make sure some money is left as reserve.
I know some people will still like to take loan to invest in bitcoin, if anyone is planning to do that, then you should make sure that you will be able to pay back the loan without depending on the bitcoin which you are holding, make sure you have a source of income that will be able to pay back the loan, because if you depend on the bitcoin which you bought with the loan you took, you might end up being indebted.
When we are holding bitcoin, our plan for bitcoin should be a long term investment, nobody knows when bitcoin is going to pump or dump, if we end up taking loan to buy bitcoin, and it’s start dumping, how will you be able to pay back your loan? So if you don’t have any other sources of income to pay for the loan, then avoid loan to invest in bitcoin.