LIVEMake $50+ Doing This Today 👇🎁
I've read all comments beneath this article & it seems some users don't understand the concept yet.
How will you make losses from an asset that is depreciating in value? 😂
That only happens if your collateral asset also has depreciating value. I recommend using stables when opting for a #Binanceloans .
Also, collateral assets can yield interest too.
Big win-win situation!!!💥
Try using a small capital that can yield $10 to $50 profits. In the picture below, all assets have highs & lows.
Borrow High, Repay when Low💥
to be cont...
Have you used #loans before?
did you Profit from it?
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disclaimer:
This post is for #educational purposes only & is not error free. Please do your own before investing as this is also not a financial advice.🙏
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The poor guys usually run from loans alot, while the big guys take as much as possible. However, only the smart ones get to pull off a profitable loan repayment.
What Are Binance Loans:
Binance Loans or crypto loans are collaterized loans given to Binance users inorder for them to fullfil urgent needs. The key features include;
1. Very cheap Interest rate
2. Flexible repayment
3. Collaterized
4. Upto 65% to 79% LTV [loan to value ratio]
5. Access to wide variety of loanable assets as well as earning interest on collateral.
Steps to pull off a 💲300k+ Profit :
1. You must have a reasonable capital to do this. However, you can start with any amount.
2. The aim is to collect a loan using your stables or asset.
3. The loaned asset should be one that has a very download volatility potential.
4. Initially, users were using $PEPE for this but Binance had to delist it from the list of loanable assets.
5. One of the reasons is because, these assets lose their value very quickly.
6. Imagine borrowing 1,000$LUNC Tokens when the price was at, let's just say $120 (per one, that's about $120k for 1,000 tokens) and after a day or a week later it becomes $0.001 per one.
7. This means that you will be repaying just about $10 or less, for something that cost you about $150,000+. 😭😂
8. Crazy right? Well this is how it works.
9. The only issues or risks attached is when the asset appreciate in value.
10. I'll be dropping more on #crypto2023 loan strategies and how to make them work for you.
If you find this helpful, kindly let us know below.
Have used Binance Loans?
Did you know #Binanceloans can be profitable?
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Cheers 🥂
Disclaimer:
This post is not a financial advice, please always do your own research before Investing in any cryptocurrency or strategies we discuss on. This post is for #educational purposes only 🙏
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