Post
Topic
Board Altcoin Discussion
Re: Would you borrow in cryptocurrency?
by
gensol
on 24/05/2019, 14:43:25 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?
I had an experience once I borrowed some units of ETH from a friend, a few days later ETH did a remarkable thing and pumped about the USD value I borrowed. The funny thing is I had to pay back more than what I had borrowed in USD value it's sickening to borrow in cryptocurrency as you don't know what will happen next.