What If You Could Use Bitcoin, To Buy More Bitcoin?
They've managed not to share their little trick, but this is exactly what a lot of whales have figured out how to do. Sounds crazy, but it's possible. It works by playing the crypto lending market to their advantage.
I'm gonna show you how I turned $500 worth of Bitcoin into $3253 - without putting in a cent more than the original $500!
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) all done without using anything for funding but the original $500!!!
As for where to start, we're still currently recommending:
If you're outside the US: YouHodler
Inside the US: BlockFi
Both have solid reputations, and enough past/present users saying everything went as described on their websites.
------
