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RE: LeoThread 2023-01-02 21:28

in LeoFinance • 2 years ago

I currently use collateralized lending to pay all my personal expenses

This consists of earning revenue -> buying BTC -> taking a loan against that #BTC -> using DAI loan to pay bills

Should I write an article about it?

2 years ago in LeoFinance by
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     2 years ago (edited) 

    This was my same strategy in the last bear market

    The result? I am constantly getting more #BTC but still able to pay my bills instead of just paying bills and not stacking more BTC

    Last cycle, this made a lot of profit

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     2 years ago  

    Yes you should.

    And set it up on Cubfinance.

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     2 years ago  

    I have utilized BTC collateral vaults to get DAI -> HBD -> bHBD and pool bHBD-BUSD

    One day, we'll have CUB collateral vaults where you can borrow bHBD

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       2 years ago  

      I cant wait to read this article and start implementing it. Would be nice if the article will be out this first week of January. Great to start from the beginning

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       2 years ago  

      You definitely should.

      Being sure to outline some of the risks ;)

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       2 years ago  

      I would love to read that. I'm not the most adept at understanding the intricacies of finance but I can follow a how to post like a #champ.

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       2 years ago  

      I made it broad and super simple to follow the core ideas! The actual steps of doing it are perhaps part 2!

      https://leofinance.io/@khaleelkazi/bitcoin-collateralized-lending-vaults-or-how-to-pay-your-bills-without-selling-your-crypto

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