Post
Topic
Board Altcoin Discussion
Re: Would you borrow in cryptocurrency?
by
spadormie
on 24/05/2019, 15:31:40 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?
Well you said it. You said the reason why I should not borrow money in cryptocurrency. For the reason of the price volatility. Your .001 BTC loan is 8 USD by now but tomorrow it could be 20 USD. So think twice if you want to take a loan. Loan if you only need.