Quote from: kiddex on May 12, 2021, 01:41:41 PM

I am looking to increase my bitcoin holdings and i am looking at taking a crypto backed loan with one of the leading platforms? i would be fine to take this loan out a few months ago but at this stage of the bull run how risky would it be ,i know a loan can be risky to begin with, but am i just playing with fire or is there a good chance it will pay off? it would be a 15000 dollar loan a 50% ltv for more information, thanks

Absolutely playing Fire with this mate, because never try to make a load for crypto basis work/investments.

and also never make decision out of greediness mate..

Quote from: online73 on May 13, 2021, 11:20:59 PM

I will not open America if I say that taking a loan or borrowing is generally a bad topic, and taking a loan in cryptocurrency is twofold more dangerous. Perhaps for someone risk is the meaning of life, but not for me. I am totally against cryptocurrency loans.

Wrong, cryptocurrency loans are not that bad at all , but always consider the options , There are loaner that allows us to loan via crypto using USDT that Means the value does not increasing so meaning even how much you loaned the price will remain forever, though there are some small movement sometimes.