Post
Topic
Board Altcoin Discussion
Re: Would you borrow in cryptocurrency?
by
jacafbiz
on 10/04/2019, 18:45:33 UTC
I am interested in opinions about borrowing in cryptocurrency.
If a cryptocurrency will have low price volatility, then would you borrow in that token?

If not please tell why?

You can't pre-determine if a token price would be volatile or not, expect it is a Stable coin and I don't think you are talking about stable coin, for now I prefer to borrow in Ether as against Bitcoin because I don't see Ether repeating the 2017 run and expect BTC to outpace it long term. Also remember that volatility is one of the main characteristics of this space