Post
Topic
Board Altcoin Discussion
Re: It’s crazy to take loan to invest in crypto?
by
dreamer81
on 02/09/2021, 06:40:09 UTC
If you consider that all countries basically have a negative interest rates, the only sane thing to do is borrow fiat, and send it into crypto to earn yield.
I have personally borrowed all the fiat the bank has allowed me to, and send it into celsius. It's giving me 8,88% APY which is more than enough to pay off the bank's 2% loan.

it's simple math.