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If you are confident that these returns will continue, I’d happily loan you a couple of million at 50% interest rate, so you can buy even more crypto. (Of cours
by rokobobo 5y ago
If you are confident that these returns will continue, I’d happily loan you a couple of million at 50% interest rate, so you can buy even more crypto. (Of course, I’ll take your crypto as collateral).
- argvargc 5y agoI'll do you a deal: Put 5% of that 2 million into a spread of the top 10 crypto by market cap. After a few years, and despite some of those coins going to zero, you'll likely have done way better than just the 50% you'd have got from me. If you don't though and it all goes to zero, you only lost 5%, as opposed to the entire 2 million to a random person you met on the internet. You're welcome.
- mszcz 5y agoYeah, HODLing is underappreciated. I once tried mining, a long time ago. Dumped $5k in mining equipement and, at the time, barely broke even. Had I bought and held, instead of wasting countless hours on the project, I would've been way better off. Then again, I did have the somewhat limited foresight to keep ~33% of what I've mined in crypto form so not a total loss ;)
- deleted 5y ago[deleted]
- JohnJamesRambo 5y agoSame here. Former miner. Wish I bought coins instead. It worked out ok in the end though because I learned pretty quick. :)
- deadcoder0904 5y agoTime in the market always beats timing the market.
- mszcz 5y agoI like that!