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7 years ago by scandinavianlife (67)
$10.27
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Its good to see different kinds of facilities is coming for the crypto market.It's kinds of margin loan in the stock market.This will give us more power to trade crypto currency.One thing about crypto market which scares people its huge ups and downs.Thanks for such useful post.@resteemed
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Yup. I didn't even know that SALT was looking this good. It's really good to look thoroughly through ones portfolio once and a while!
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Great that you start reviewing all of the altcoins from your portfolio.
It is interesting to see that more and more niches are getting involved in to the cryptocurrency and i think it is a matter of time till crytocurrency will replace the fiat...
Salt is a very interesting token and looks like a very interesting project and a solid team behind. For the moment i don't own Salt but after reading your review i am thinking to get some... at the end of the day: Why Not!
Have a great day and looking forward for more reviews!
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tx
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to be honest i would be extra careful here - there were guys who acted in similar manner , they were called BitConnect ;)
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Totally different thing :)
I would never advocate something that is a ponzi. Please explain what the similarities between SALT and bitconnect is..please read up on it first. I'll add some links later.
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It's a completely different model of business. Misinformation can be a dangerous weapon in this market.
SALT doesn't promise miracles. They just lend you fiat with equivalent value to what you give to them. Similar to a normal credit but using your crypto as proof of wealth.
If for some reason you don't pay the credit, your crypto is naturally gone.
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That’s good to know , salt is one of my fav alt coins over there . Btw have you reviewed on icx ;) :D ?
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thnks
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I bought ETHlend at its peak, around $0.40 and regret it. Not sure if I should still hold it as I am down more than 70%. Painful experience right now.
As long as the overall crypto market is not mooning like last year I fear these lending platforms will not gain traction. Thanks.
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Oh man..that's painful..BUT, One thing to keep in mind though is that Ethlend mooned right after it got airborn. It's listed on several good exchanges, and it has a large trading volume.
From the little I've read about Ethlend the project seems rock solid and the team very very dedicated and serious. I have ethlend on my to-buy list. I'm watching the price. Think it has a lot of potential.
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SALT can be stored on any ERC20 compliant wallet. Just like Exodus for PC.
Or MEW.
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Yup. ERC20 token.
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You got a 2.84% upvote from @buildawhale courtesy of @scandinavianlife!
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I like this one but I keep hearing that it is almost impossible to get approved for a loan. Is this true? Is it possible to see what their lending criteria is or how much they are lending?
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But then your btc or steem in this example will be locked?!
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