Do you want to Borrow?

BeFD...JnHB
15 Apr 2024
53

Do you want to borrow?
Borrowing is good if you want to buy the dip...
Borrowing is good when we are in the season that cryptocurrencys are growing like we are now.

  • For instance you borrow 1000USDT at 8%
  • Then you buy BTC with that money.
  • You put your BTC in a one month fixed term at 7%
  • After one month BTC is up 10% , so you made a 10 + 7= 17% earnings
  • Sell your BTC and pay off your loan.

I did this already many times on the NEXO platform and never kept my loan longer then 3 months..... this means that in this case ( 3 months) after the first month and you didn't reach your target you put an other fixed term of 1 month and continue till you reach your target.

Its very easy....if you are not sure you can try it out with a small amount to start with....( I did it also like that)
Enjoy the cryptoworld and don't sell to fast....
If some of you did this also you can comment, i would gladly know about it.
Thank you for reading :)

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