Post
Topic
Board Altcoin Discussion
Re: Would you borrow in cryptocurrency?
by
semobo
on 15/04/2019, 14:09:01 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?
It has advantage and disadvantage,if the price of your token increase after you borrowed then you will get benefited or it will get upside down.But the chances of getting crypto currency for borrowing is minimum because it is not like fiat money you need to provide valid collateral to get loan which is not good because we can sell it and take the money for ourself no need to pay interest.