QUOTE(runningdash @ Apr 27 2022, 05:07 PM)
Hi, I have a question. Would it be wise to apply for personal loan since interest personal loan 5% and staking at anchor return 19%.
Please advise.
not financial advisePlease advise.
but i will depend on what kind of situation i am in
if i am going to invest in crypto anyways, then 1) if i do not have much debt, i would go for it or 2) if i have too much commitment & debts in hand, then no
if i am not going to invest in crypto, then NO, it would be abit hassle to convert back out especially if sooner Luno were to implement their new regulation
edit:
i do take a lower interest loan to put in anchor, by utilizing celsius 1% loan, i collaterize my btc, in a way, i dont need to liquidate my btc position just to get more UST
This post has been edited by derravile: Apr 27 2022, 05:42 PM
Apr 27 2022, 05:36 PM

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