Post
Topic
Board Economics
Re: I dont sell my assets i borrow against them
by
Collateralbank
on 19/08/2023, 12:15:27 UTC
I never sell once you sell you out of the game i borrow against them.
Only problem is that there is no good lenders so that's why i have started lending myself and Im working on to build my financial empire thanks to cryptocurrency it's all possible.
Best Ever assets created are btc and other volatile coins those are best collateral.
By borowing against assets it's great way to benefit owning assets without selling them.
It's not secret that "financial people and bankers " in the west use btc as collateral for the Loans before BTC it was gold used as collateral but since btc started the borrowing process against assets it's a lot more easy now.

The best collateral are BTC and best money are USDT.  

I am doing the same thing. I received an ARB airdrop this year. I need stables to farm the airdrops. So what I did was use ARB as collateral and borrow the USDC from the lending/borrowing service.  After the airdrop, I paid all the stables and take my ARB back.


Nice, good one. the Secret in success are borrowing against collateral.
Bitcoin is collateral that's purpose of btc defination for btc we can say it's a kinda "LINE of credit " when you use it smart you don't need to sell but you use btc and crypto as credit tool.