Just be careful when you take a loan. I took out loans at the height of the bull run. As the market started declining, I had to deposit more and more collateral. Ultimately, I still wound up getting my collateral liquidated to satisfy the loans. In other words, don't borrow too much. But you're right that it is a better alternative.

What I like about DeFi loans is that there is no payment due. Nobody calls you to collect. You pay as you are able. Of course, interest continues to accrue. But as long as you have enough margin, you're fine.