Post
Topic
Board Altcoin Discussion
Re: Would you borrow in cryptocurrency?
by
maxitdev
on 10/04/2019, 18:49:17 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

read our White paper:
https://www.maxicreditcompany.com/whitepaper.pdf

a token doesn't need to follow the concept of stable coins to have a stable price