Today I want to talk about the topic of cryptocurrency lending because it is something that we can take full advantage of guys, simply because we can put those cryptocurrencies in HBD savings or use CubDefi to make the most of it guys and it is something that you have to take into account if you are an investor I would like to talk a little bit about how we can take full advantage of it and what are the benefits that we can get in the long term with this.
What is my personal opinion on how to take advantage of a cryptocurrency loan?
My tips to take advantage of a cryptocurrency loan is to use an annual return much higher than the interest that the loan can cause, if the loan of a cryptocurrency has an annual interest of 8% then this is very simple, we can simply save these cryptocurrencies in HBD and get a 20% APR in HBD, it is simple, the profit generated is 12% paid daily, if we are good at blogging or any other method of farming crypto then this can be something totally easy to pay guys.
However there is something I want to comment and that is CubFinance guys, with this DeFi platform we can generate at least 40% in APR and that's something totally thankful guys, because if we have an interest of 12% then this can be of great use, I'm talking about investments, I don't like to make a Start-Up and borrow for it.
I must mention that I have lost money investing my money in bad investments, I accept that, I have to get better at this, but I must admit that I have discovered many good investments and most of them are in Hive Blockchain.
Conclusion
This is very simple guys, if you want to borrow a cryptocurrency loan this is totally cool and I can't deny that, but you must keep in mind that before borrowing a cryptocurrency loan you must know that you have to have a good monthly income if there is a misunderstanding or a very strong loss of money and with your good income you can simply pay all this, a cryptocurrency loan is something you can take advantage of if you are a good entrepreneur, there is no doubt about that, but if you don't know much about it it is better to use an annual return higher than the interest of the loan.
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