Post
Topic
Board Speculation
Re: get a loan and reinvest it
by
LUCKMCFLY
on 09/04/2021, 04:55:53 UTC
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 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.

This depends on what type of economy you live in, in a country with a fully inflationary economy it is best to borrow with the largest amount of local currency, there is no better business than that, because if you invest it in Bitcoin, the interest will be They pay only with the normal movement of Bitcoin, if the price of Bitcoin falls it is not much the problem because when the conversion is made to local currency the value of bitcoin will be much higher and in profit than that of the interest on the total debt As I say, this is ideal in an inflationary economy, in economies that are more stable, I think conditions change there.