Quote from: noormcs5 on Today at 09:47:26 AM

Quote from: chikading2016 on Today at 03:34:02 AM

Quote from: el malagueno on March 19, 2021, 06:52:25 AM

Hello. I see different platform like nexo, blockifi, etc... that can borrow you crypto or stablecoin. I'm here to ask if you have a strategy for example you borrow btc with an interest rate of 6% and then you use it on defi with 8% APR. Thanks for helpful. Cool

Borrowing something that has an interest is really risky and it is not really advisable. If we are going to invest in crypto we need to study and see how it works because crypto is an investment that is risky because it is high on volatiliy.

No matter how well you plan it, there is always a risk in crypto investment. If you take a loan and unable to make money as planned, you will be in a very difficult situation where you might be in the loss in crypto and then have to pay the loan also. You can earn good too in crypto trading and easily replay the loan but before taking any step, you need to see both side of the picture and be ready for the worse.

Always go ahead when it comes to situation where you can possibly be ended up to because just like said there would be only those situations neither you would lose or would able to gain
for you to pay up those loans with interest but honestly taking up some loans for the sake of crypto investment is really a risky move to be done.Its better to find up some source
rather than on considering this step but if you are really eager to make this option then its up to your choice but remember always the risk so that you would be
prepared and able to face it up once it did happen but if it turns out that the market is on your favor then it would really be rewarding.