RE: BitShares (BTS) Update: Attractive Buying Opportunity Approaches!!

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BitShares (BTS) Update: Attractive Buying Opportunity Approaches!!

in busy •  7 years ago 

I hope they get 100 coins over there , then people will join !

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Yes a bigger market is needed (bts volume is good) but it also offers things you can't get anywhere else.
Collateralise BTS for bit.usd loan and buying more BTS with it as a for instance. Time that one right and your laughing.
I'm sure smart traders will make bucks and move over.
Personally I'd like it to do well so the benefits can become a bigger part of my day to day portfolio and trading strategy.

What would be the interest rate on that loan ? sounds amazing !!

You are risking your BTS against market movements so there is that to consider.
I'm not going to try to sell the ideas here.
Probably best to take a look see in the help / guide.
Quite the eye opener.
http://wallet.bitshares.org/#/help/dex/shorting]

It’s interest free but if you do it just realise what you are risking because it’s very easy to move that collateral slider and get your self a maximised loan. I’m holding on by a thread right now..