Hedgefunds:


How can I be liquidated when I only requested for a loan and my LIQUIDATION PRICE is at 48k

Simply click on repay to return their $2000 and get your btc back.

XaToXi:


Simply click on repay to return their $2000 and get your btc back.

I think so . Was worried ..even the Eth3L I bought is down.

Chikacha:


What happened to her health?

You can use the 'health' keyword to search her page. It is one sickness like that you go fear the name. Can't remember.

Rumors of war

:

bought sol top again

Hedgefunds:


How can I be liquidated when I only requested for a loan and my LIQUIDATION PRICE is at 48k

Oh I see what you mean, check if you received any 619 or 2000 USDT in any of your accounts? They held your BTC for USDT , your BTC is now a collateral this is why you don't see it. If you change your mind about the loan, click repay and give it back then your BTC will appear. if you choose to continue with this loan, at 48k they will liquidate you.

Chikacha:


Oh I see what you mean, check if you received any 619 or 2000 USDT in any of your accounts? They held your BTC for USDT , your BTC is now a collateral this is why you don't see it. If you change your mind about the loan, click repay and give it back then your BTC will appear. if you choose to continue with this loan, at 48k they will liquidate you.

You mean he will be liquidated if btc touch $48k? Which means all the btc he used as collateral is gone or just the amount he borrowed plus interest?

So dem dey collect LAPO for crypto

Chully01:
So dem dey collect LAPO for crypto

Palmpay loan for crypto

Icecream4U:
You mean he will be liquidated if btc touch $48k? Which means all the btc he used as collateral is gone or just the amount he borrowed plus interest?

Both. When It happened to me, the money they gave me as loan got liquidated on my margin, they took the collateral... so I had zero. Cause even before I started trading the collateral was gone, I could not see it...They held on to it so when I failed, I went and covered myself with blanket in my bed.

😂😂😂

Chikacha:


Both. When It happened to me, the money they gave me as loan got liquidated on my margin, they took the collateral... so I had zero. Cause even before I started trading the collateral was gone, I could not see it...They held on to it so when I failed, [/b]I went and covered myself with blanket in my bed[b].

sweetveek:
Palmpay loan for crypto

Wahala

Chikacha:


Both. When It happened to me, the money they gave me as loan got liquidated on my margin, they took the collateral... so I had zero. Cause even before I started trading the collateral was gone, I could not see it...They held on to it so when I failed, I went and covered myself with blanket in my bed.

SINisSIN:
😂😂😂

It's funny now but it was not then.

Robnectar:

So we nor get anymore choice than to make am for crypto. Na beg I dey beg.

Chikacha:

So we nor get anymore choice than to make am for crypto. Na beg I dey beg.

Few weeks back I just decided to abandoned my bynance and start operating on new exchange,
And I just wan dey execute new plans for spot before dis sunami started, they just wiped off my $50

sheanzy:
this your screenshot is literally you as a man covering your chest and leaving your blokus for everyone to see

iLegendd:
I saw this on TikTok and I feel someone here owns that account. Please, reveal yourself.

The person behind that
account is Robnectar

Always looking for the
easy way

$XRP lawsuit is settled!

The SEC asked for more than a billion in fines, but they only need to pay $125 million.

Big victory for Ripple and crypto.

Robnectar:


Few weeks back I just decided to abandoned my bynance and start operating on new exchange,
And I just wan dey execute new plans for spot before dis sunami started, they just wiped off my $50

That Margin call is always at midnight. Since 2 years now I never try any loan oo.

Using BTC as leverage for a crypto loan means:

1. Collateralization: You pledge your BTC as security for the loan.
2. Loan disbursement: The lender provides you with a loan in a different cryptocurrency or fiat currency.
3. Interest accrual: You pay interest on the loan, usually in the borrowed currency.
4. Repayment: You repay the loan, plus interest, to the lender.
5. BTC return: If you repay the loan, the lender returns your pledged BTC.
6. Liquidation risk: If you default on the loan, the lender can liquidate (sell) your pledged BTC to recover their losses.

Example:

- You borrow 10,000 USDT (Tether) using 1 BTC as leverage (collateral).
- You receive 10,000 USDT and agree to repay 11,000 USDT (including 1,000 USDT interest).
- If you repay the loan, the lender returns your 1 BTC.
- If you default, the lender can sell your 1 BTC to recover their losses.

Keep in mind that crypto loans can be risky, and market fluctuations may affect the value of your collateralized BTC. Always carefully review loan terms and conditions before borrowing.

Hedgefunds:
@everyone kindly enlighting me more...I took a crypto loan and used my BTC has leverage . But now I can't find my BTC . If I pay the loan back will I be able to see my BTC back? Or it was sold ..liquidation is at 48k.

Robnectar:


Few weeks back I just decided to abandoned my bynance and start operating on new exchange,
And I just wan dey execute new plans for spot before dis sunami started, they just wiped off my $50

You don too loose money for crypto.

[quote author=AngelSlay post=131390462]Using BTC as leverage for a crypto loan means:

Thank you very much. I will Paying back next week just dont want to miss out on ETH at 2300, My goal is to rePay back and when ETH fall to 1800 borrow again then Pay back..

Do you think this loan is better than going 10x leverage ...


When will you advice i use 10x leverage...CaPital is not an issue...

AngelSlay:
Using BTC as leverage for a crypto loan means:

1. Collateralization: You pledge your BTC as security for the loan.
2. Loan disbursement: The lender provides you with a loan in a different cryptocurrency or fiat currency.
3. Interest accrual: You pay interest on the loan, usually in the borrowed currency.
4. Repayment: You repay the loan, plus interest, to the lender.
5. BTC return: If you repay the loan, the lender returns your pledged BTC.
6. Liquidation risk: If you default on the loan, the lender can liquidate (sell) your pledged BTC to recover their losses.

Example:

- You borrow 10,000 USDT (Tether) using 1 BTC as leverage (collateral).
- You receive 10,000 USDT and agree to repay 11,000 USDT (including 1,000 USDT interest).
- If you repay the loan, the lender returns your 1 BTC.
- If you default, the lender can sell your 1 BTC to recover their losses.

Keep in mind that crypto loans can be risky, and market fluctuations may affect the value of your collateralized BTC. Always carefully review loan terms and conditions before borrowing.

Dem go comot the loan and return the balance , Abi dem go chop everything ?

GRACEGLORY:



Yes, I agree that anything is possible in crypto. 40K is possible for #BTC but not in view. 49K-51K if sudden rate cut shows up. All the same, that 53-51K area has unfinished business. Trust me on that. May take 2wks or less, it would visit.

I appreciate your contribution, sir. Nice one

Even though it may get more uptrend.... There's still unfinished business below

AngelSlay:
You don too loose money for crypto.

I just dey hold dey go,.. ahswear u know

Chikacha:

So we nor get anymore choice than to make am for crypto. Na beg I dey beg.

Have been on my knees since d end of the last bullrun,..

Hedgefunds:

Thank you very much. I will Paying back next week just dont want to miss out on ETH at 2300, My goal is to rePay back and when ETH fall to 1800 borrow again then Pay back..

B. Do you think this loan is better than going 10x leverage ...


C. When will you advice i use 10x leverage...CaPital is not an issue...

A. If btc gets to 48k before the next week you plan to pay, kiss your btc goodbye. They will sell it at 48k to recover the money they loaned you because they will be at a loss below 48k btc.

B. Compare A&C

C. The short answer is never. 10x is never advisable. That doesn't stop people from using it though.

In the last dip, even those using 2x leverage were wiped out. Btc dumped +30% (3x leverage max recommended) and Eth dumped +41% (2x leverage max recommended) from Trump's speech. Most meme coins dumped +40% in a day and are over 90% from ATH. Even if you are going to be using high leverage for such, it has to be with stop loss or in isolated mode.

Since capital is not your problem, you don't need leverage to be very honest. Just play in spot with peace of mind.

The only other time you can use leverage as a whale is if you don't want to keep all your funds on an exchange. You keep 90% on cold wallet and open a leveraged position with 10% on an exchange, knowing fully well that you have the resources to pay off should a crash happen, if you are fast enough.

iLegendd:
Never in my life have I paid attention to that. In fact, I didn't even know it exists.

Boss is there any thread for trading gift cards? Or the best app to trade gift cards. I have Googled it but I'm still confuse

Luckyss:
Boss is there any thread for trading gift cards? Or the best app to trade gift cards. I have Googled it but I'm still confuse

use Nosh or Cardtonic apps