RE: CAN THIS BE THE 1ST LEGIT LENDING PLATFORM??

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CAN THIS BE THE 1ST LEGIT LENDING PLATFORM??

in crypto •  7 years ago  (edited)

Yes 1% compounding, consistent over time is impossible, at some point your trading volumen gonna affect the price. etc if you buy $10.000 of BTC and sell it at $11.000, no problem. If you buy $500.000.000 of BTC at $10.000, and try to sell at $11.000,- not so easy. Your selling will affect the price.. So 1% a day is not impossible, if you are investing the same amount every day. Lending sites like this is compounding.

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ooooo that makes sense, I might be wrong but by the look of it they say they do not trade in crypto to make a profit they invest in some sort of advertising, dose that make a difference?
One other question regarding your point on trading crpto lol if like you said you get to a point where your buying volume effects the price couldnt you just diversify your portfolio and invest in a number of different cryptos? therefore allowing it easier to receive the required margin?

  ·  7 years ago (edited)

This is high school math, 1% a day compounding, impossible. Dosent matter what they are doing.

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You can try it out your self, - i made an excel sheet..

https://drive.google.com/file/d/1PZseH_kQCtdZ7xwg1dyHwRsoNrFp_mRb/view?usp=sharing

thanks for the info, its very much appreciated 👍👍