I remember this thread in 2017 in the French part.
https://bitcointalk.org/index.php?topic=2425439.0At the time OP wanted to borrow to buy BTC. As we know today, he would have made a great deal (plus, a rare thing at the time, his banker was OK to lend him the money).
Yet almost everyone advised him against it. Why was that?
It seems to me that all investments involve risk. What makes borrowing to invest in BTC any more risky than investing in a start-up, opening a business or buying a house (which may be full of defects, for example)? If the person's financial situation is stable and the banker, after studying the file in depth, is OK, I don't see why you can't borrow money to buy BTC. In fact, this is what some large companies do.
Nobody is able to tell which way bitcoin is going to head.
It's commonly accepted that you shouldn't borrow money to invest in speculation, because it is almost like borrowing money to gamble. If the price had dropped by 50% instead he would be paying back a loan at 105%+ and would have half the money at the end of it.
Com'on man, thinking that Bitcoin investment is more of investing in speculation is very myopic in my honest opinion, Bitcoin is an asset that appreciate in value overtime, so their is a higher probability that in three to five circles from now Bitcoin can do up to 3x to 10x of it current price.
Then as for the loan aspect, you need to first kill that notion of paying back from the money invested into Bitcoin, it's advisable you only take loan to invest in Bitcoin if the loan is being payed installmentally, and if the loan interest is on the lower side, tell me why it's not a good deal, because you can easily pay back that loan from your paycheck once it comes
either weekly or monthly, especially if the loan repayment is spread across a year or more.