Flipping Cryptocurrency Like Dominos...For Profit

Flipping Cryptocurrency Like Dominos...For Profit

By chuxster | THE E.B. | 12 Oct 2021


 

Summary:

- multiple ways of earning from flipping cryptocurrency across borrowing/lending, but can maximize earnings by using the {mystery} platform

- flipping and making money from crypto lending is a slower but more profitable process than buying and selling across exchanges

- the {mystery} platform helps one easily execute this profit gain by aggregating all of the interests rates of the various cryptocurrency borrowing/lending platforms into 1 place

- can easily get a 7% annual return on your investment just by borrowing from 1 platform and lending to another.

- this is a hypothetical approach to earning money that I haven't had the time to test but I'm giving it to you so that you can test it out and (potentially) profit

 

 

When crypto was first getting more popular in the media back in 2016 or 2017, I decided to compare the values of various major cyrptocurrencies on different exchanges in hopes of finding a nice potential flip. But this never happened because the cryptocurrency transfer fees would always get in the way.

 

But now there's a platform that could allow one to find all of the best profit flips that allow you to make money simply by moving your money around.

 

The platform allows you to easily find the lowest borrowing rates across different websites and/or exchanges and then also find the highest interest rates to lend those borrowed funds. Now when borrowing, you're most likely going to have to put up some type of collateral ( ie cash) but no worries because you'll pay back what you've borrowed including the interest fees and you'll still have profit.

 

To be more clear, the idea of this is that you can borrow from a website that offers 2% interest on your cryptocurrency and then lend to a platform that offers you 5 to 10% interest. The difference between the interest rates is your profit. This is much better than past fiat lending platforms like lendingclub because at the very least your money is being used by business or companies and not just people with only one source of income.

 

 

Potential Scenarios

 

- Borrow ethereum on a platform like DyDx and then resell it over on binance for an overall profit of 5 6 to 7% per years

- Borrow a dai on Maker for 0.5% and then lend it on bitfinex or blockf for about 9 percent. You'd net about 8% in profit per year .

- And you can borrow any crypto currency for below a 10% rate, convert it to Luna and then lend it on Bitfinex for about 50%. The lowest annual return you'd have is about 40% on your money.

 

 

So, you've got your options. But again, you guys will have to test this out for yourselves and it includes things like cryptocurrency-conversion fees before you can know what your final profit will be.

 

Oh, I just remembered. I haven't checked this out, but you should look for this. If it's possible to take your profit out on a daily or weekly basis, then you can immediately lend it out for more profit. That means that you can literally make profit of your profit ….almost instantly (depending on your platform). Is that not somewhat of a big deal ? Would that not be better than a money market fund where you have to wait like (a month I think) to take out your own money ?

 

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To find out the name of this “mystery” platform, please subscribe to listening experience by search for ev@-erba$-rn (remove all symbols before search) on any one of your favorite platforms (ie apple, spotify, etc). That way, when I release the episode, you'll now. However, you could use context clues to try and figure this out, but why not be 100% sure by subscribing ?

 

Photo by Moose Photos from Pexels

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chuxster
chuxster

I read a lot and hope to learn a lot.


THE E.B.
THE E.B.

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