You are viewing a single comment's thread from:

RE: How My Lending Strategy for Bitcoin Collateralized Vaults is Making $$ Right Now

in LeoFinance2 years ago

The strategy seems sound but a few issues are that it is dependent on only one variable, BTC. Second, given that the market is still in bear, can he survive the duration of the bear market without exhausting many resources himself?Should you use another person's resource, you would still be in debt.

Posted Using LeoFinance Beta

Sort:  

Yes in a bear market, you need to hold out and not get liquidated. That is your directive

The bull market is what you need to wait for. The light at the end of the tunnel that will pay off all the DAI debt and leave you with a handsome BTC profit

Posted Using LeoFinance Alpha