Mashinksy inspired me to take a loan

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enki
Rank: Noob
5 posts
Joined 2020-02-18
By enki on February 18, 2020, 04:02 ET Post #1

I have been a celsius user for just over year and only really considered hodling.

Alex wrote an article 'Borrow Like a Billionaire' and then shortly after that Celsius promoted their 'BTCmine' valentine promo.

My brain started thinking I can take a $1500 loan and the promo bonus will pay the interest.

So I got a loan of $1500 of tether and bought BTC with it. Then using more promo codes deposited that back into Celsius.

It cost me $45 in cel to pay off the 6 month interest. I will earn $170 in bonus and get to hodl the btc for the next 6 months and earn interest on it. Who knows what BTC will be worth in 6 months time.

So thank you Alex Mashinsky for the inspiration.

Gruic
Rank: Master
125 posts
Joined 2019-12-15
By Gruic on February 18, 2020, 04:02 ET Post #2

Thank you for your testimony. We oftenly talk about holding, less about loan so... much appreciate.

Is it intuitive ?

The king stay the king. —D'Angelo Barksdale
enki
Rank: Noob
5 posts
Joined 2020-02-18
By enki on February 18, 2020, 04:02 ET Post #3

This is more of an experiment for me. But I am sure I will get good results.

CelsiusInvestor
Rank: Carlos Matos
42 posts
Joined 2020-02-12
By CelsiusInvestor on February 19, 2020, 04:02 ET Post #4

definetly good idea, you need to take risk to get ahead, the worst is trying to stay safe.

The world needs banking, but it does not need banks. #UnBankYourself
enki
Rank: Noob
5 posts
Joined 2020-02-18
By enki on February 19, 2020, 12:02 ET Post #5

Quote:
CelsiusInvestor wrote:definetly good idea, you need to take risk to get ahead, the worst is trying to stay safe.



Indeed and worse case scenario I can extend the loan for another 6 months for $45. what will BTC be worth a year from now !!

Douglas Johnson
Rank: Uncle Scrooge
231 posts
Joined 2019-01-02
By Douglas Johnson on February 19, 2020, 05:02 ET Post #6

Very nice! I really have to try to borrow once.

Crypto lover



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