Professional rabbit hole explorer.
Crypto โข Tech โข Gaming โข Weird shit
Sometimes reasonable. Always questioning. ๐
I do not give financial advice!
@TheOnlineMarke3@Curious0x@TheCryptoSquire Yeah with a fixed rate loan that you'll have to pay for. Earning a 4% yield would mean to make any profit doing it that way, you'd need the interest rate on the loan to be less than 4%. Bc your payments on the loan would cancel the 4% yield.
@Curious0x@TheCryptoSquire Yeah borrowing at 3-4% with an 8% return would be doable. That math works. I was just pointing out the video said 4% which didn't math for me.
@UniversoulStre1@TheCryptoSquire Yeah, thatโs the only way I can see the math working. XRP would have to be treated/valued differently as collateral. Otherwise borrowing at a higher rate just to earn 4โ6% doesnโt make much sense.
@StricklyInfo@Curious0x@TheCryptoSquire โCluelessโ was a lot quicker to type than the loan interest rate. ๐ What rate are you borrowing at against your xrp to earn that 4% yield? Thatโs literally the question.
@Curious0x@TheCryptoSquire But if you borrow you gotta make payments on the loan which will probably be more than the return. Video said 4% yield, what's that loan interest rate gonna be? ๐