Post
Topic
Board Speculation
Re: get a loan and reinvest it
by
iamsange
on 02/05/2021, 22:42:53 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
Why not sell assets in real life and then reinvest it in what OP mention. Grin Basic thing to make investment is not to use money that be used on daily needs, which if we lose in investment not really interupt our daily needs. Use loan money to make investment will make it worse because no guarantee we can always profit in our investment in whatever the business is.