Why are you not taking loans out for crypto?

Hate to tell you this OP but every time I buy, the market immediately dips.

I am. Here's what I do (roughly):
>Buy an Eth.
>Use Nexo.io to borrow an additional Eth.
>Stake that additional Eth in a MakerDAO, CDP, get DAI
>Use DAI to buy something I know is about to pump. Do the trading thing.
>Pay down the CDP. Once cleared, I now have an Eth plus profit.
>Add Eth to the Nexo.io stack (OBV interest deducted), repeat.

Why bother with the Nexo step? Because you can get a debit card, so I can access profits without cashing out. Oh yeah, and the Nexo token is a good hold, passive income from loan fees (Maker is too of course). Obviously, a high risk strategy until you really get things.

>t. What is opportunity cost?

Not gonna make it.

id say nobody is dumb enough to take out a loan for absolute shitcoins like link. at least put a portion into btc/bch but this is biz after all so i guess everythings possible

Mechanical/mining engineer checking in here. Agreed life is on ezy mode

What interest rate are you goys borrowing at?

lmao we are the same person user. i also took out a $10k loan just to buy LINK with.
i also have a friend who took out a $3k loan for LINK
we'll be millionaires in the 2020's

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I read this book about poker. It's not gambling if you know what you're doing.
>not living an exciting life
pls get on my level plebs