Showing posts with label crypto loans. Show all posts
Showing posts with label crypto loans. Show all posts

EXPOSED: How Big Investors Accumulate More Bitcoin, WITHOUT Spending A Dollar - And How YOU Can Copy Them...

A photo of bitcoin loan and crypto loan
If you haven't learned already, there's a few different segments that crypto traders can fall into.  There's the newbies, your average trader, and the large investors AKA "whales".

It's probably not a surprise to hear the whales have their own set of tricks and tools they use to maintain their status at the top of the food chain.

One of these tricks you likely haven't heard mentioned, is how they can turn what they're currently holding into a lot more, fast, without getting any extra funds.

What If You Could Use Bitcoin, To Buy More Bitcoin?

This is exactly what they figured out how to do. Sounds crazy, but it's possible.  It works by playing the crypto lending market to their advantage. 

Follow along:
  • Use your Bitcoin to get loaned USD.
  • You remain the owner of the Bitcoin, the lender is simply holding it as collateral.
  • Use that USD to purchase more Bitcoin.
  • Use that Bitcoin to get another USD loan.
  • Repeat. 
Which loan provider you use it is key, and a higher loan-to-value rate means more Bitcoin for you in the end. Currently, YouHodler is the top with 90%, so every $100 worth of Bitcoin you own, you can get $90 to spend on more.

Users in the USA however will need to use a service like BlockFi.

Using them as the platform in this example, and $500 as your initial amount (0.07 BTC) running this trick 10 times will bring you to $3253.

Yes, that's real - $500 turned into $3253 (0.070 to 0.455880) without using anything for funding but the original $500.

What once took a day of work, now in the push of a button!

YouHodler noticed how many people were using their platform to do this, spending hours taking out one loan after another.

So now, it's literally a feature - do it all in 1 press of a button.

Go to their website and head over to the "turbocharge" option, this automatically and instantly flips your investment into more Bitcoin from 3 to 10 times, you decide.

Their interest rate tops out at just 3%!  Each loan this number goes down, until there is none.

To state the obvious, you're betting on the price of Bitcoin going up in the 30 or 50 days you have the loans.

However - you can pull out any time, so don't risk it going up, and back down.  Close out your loans and take your profits when it's up, start again when the price stabilizes. If a bull run is clearly coming - go crazy with this maximize profits like never before.


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Author: Matt Miller
London News Desk
Contributor From Our Sister Site CryptocurrencyLoaning.com


Bitcoin Loans, And The Shocking Number Of Crypto Traders Who Don't Know How To Take Advantage Of Them...

It honestly surprises me at this point when I hear someone who's generally deeply involved and invested in the crypto world, and they've sold their coins instead of kept them by using them to get loans when they needed money.

For some perspective, on a 6 month loan you would have taken it out with Bitcoin in the $5000's.  Depending on how much cash you took out and spent, Bitcoin trading in the mid $8500's today means if you took out $3000 USD, your loan could already be fully paid off just by the increase in bitcoin's value - now your loan is paid back, AND you get all your crypto back.
Oh, and I should probably mention - it's all tax free!  A loan is not considered income in the vast majority of countries.

Someone please explain to me - why isn't everyone doing this?

Curious, I browsed several crypto themed online communities trying to gather what some misconceptions may be.  I spotted many people seeking a bitcoin loan shark, or try to get a bitcoin loan without collateral.   Well, that won't happen, there's no anonymous bitcoin loan or way to get an instant bitcoin loan from someone offering one when you have no collateral.


There is instant bitcoin loan verification however - moving into 2020 the number lenders to choose from is growing fast. 

Also growing in popularity - people getting a loan to buy bitcoin, with bitcoin!  It's a trick those who use generally keep quiet about.

While you'll never find crypto loans without collateral, there's so many quality crypto lending platforms you don't need to worry about putting the collateral up.   Because of smart contracts and blockchain, there's no such thing as an 'unsecured crypto loan'.

However, the thing that shocks people who have taken out loans, or earned interest on funds they lent out - the flexibility in the crypto loan world.

No penalties for paying a loan off early, and in most cases if you're doing an interest earning program - the profits become available every month!  No waiting for an investment to 'mature' - you get paid as you go.

As for where to start, we currently recommend:

If you're outside the US: YouHodler.

Inside the US: BlockFi.

Both have solid reputations, and enough past/present users that we've heard a lot of feedback 


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Author: Matt Miller
London News Desk
CryptocurrencyLoaning.com - A Partner Site of The Global Crypto Press