@loopify Other than 95% + of start-ups fail ? 4% do ok and less than 1% will get you to that $10m+ mark. Certainly a worthy pursuit, but not "easiest way to make $10m" I would think?
@Picolas_Caged@DiscoverCrypto1 Well we do agree - this IS becoming retarded.
1) Re: cherry picking: I used the exact period from YOUR first chart?
2) Obviously your trade is better in a bear, but we are in a bull.
3) My entire point was that in a bull if you are long BTC you are better borrowing stables.
@Picolas_Caged@DiscoverCrypto1 OMFG. Using YOUR example.
You borrowed 5 ETH when it was $1,862 (~0.063 ratio; around mid-23), so $9.3k equivalent - see pic.
You owe 5 ETH; so $17k today.
If you borrwed $9.3k USDC instead you would owe $9.3k and have SAME amount of BTC.
USDC borrow > ETH borrow all day.