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RE: Playing The Dangerous Loan Game

in LeoFinance5 years ago

The fact that we can pocket interest in crypto is because people are taking out debt, I don't see debt as a bad thing if you're spending it on assets. Sure emergencies are also a good idea, but I'm happy to take a loan so I can secure another set of cash flow or to reduce my tax obligation.

In fact, loans can be more profitable than selling your crypto in certain situations, but it really isn't for everyone. You have to do your homework on the options and pick the right one for your situaton