And there is nothing more terrifying that to fight with Destiny and Fate, Loki would know. He is fighting it right now.
In the original timeline, it was not until he reached a high enough level that he changes his name to Loki. At that time, he had already learned many crafts from his teacher.
There is power in name.
And Loki knows that there are certain beings in the Omniverse that could divine fate, changes destiny with just knowing one name.
Karma is a burden.
But it also could be used as protection if one knows how to make use of it. Loki had Karma with his teacher.
And instead of a burden, that Karma protects him form the eyes of many beings. Because his Karma would lead to his teacher.
