🚨 NOTES WHEN WITHDRAWING COINS ON FIXED LOANS (FOR NEW PEOPLE)
When you see that the coin you are depositing for a FIXED term (term 30 / 60 / 90 / 120 days) has dropped in price a lot, you want to withdraw that coin and sell it at a loss; Or if the coin price increases and reaches the expected profit, you want to withdraw and sell to take profit, so note 2 things:
1/ When placing an order to withdraw coins before maturity, it will take at least 2 days to receive it back. That means you can buy and sell it 2 days later, at which time the price has changed.
2/ When placing an order to withdraw coins early before the maturity date, all the fixed interest earned will be lost. If the coin is decreasing in price, you will suffer a double loss. If you are raising prices, you will lose some profit.
💰 Most coins when deposited are flexible, the interest rate is lower than fixed, but withdrawing early is less likely to lose interest and is immediately useful. There are some coins with flexible interest rates that are higher than fixed interest rates. And there are many hot coins and new coins that only allow flexible deposits. And finally, interest rates are subject to change up or down without notice. So you need to research carefully before choosing a coin to invest, so that it fits your plan. #earnprofit $INJ $BNB $ETH