Quote from: Ikem22 on Today at 02:11:41 PM

It’s a practical solution for those unexpected moments when you need to act fast but don’t want to disrupt your long-term plans. It’s crazy that I just only found this out ahahaha on bingx , right informations sure makes a man journey quicker, easier and sweeter. This strategy has proven to be a useful tool for managing my positions during volatile periods. DYOR

Have any of you tried using this Loan feature? Which CEX has the best offer?

It is indeed a good strategy but things can get worse if the market doesn't recover for a long time and you come to meet the deadline for your repayment of loan+interest. What will you do then, it's 100% true that BTC will recover after a dump but it's not sure after how many dumps and how much time. What if you think after 1 dump that BTC will recover and take a loan to add more liquidity, but the market dumps more, and now to save the funds you will take more loans and the market is not going in your predicted direction again?

You get liquidated and now you have lost all the funds and have to pay interest+loan. You are rekt now so it's preferred to avoid loans for future trading and my rule is to avoid future trading in the first place.