Quote:
Originally Posted by eDave
In August of 2019 I put $38K into Bitcoin. A couple of weeks later I upped it to $55K. And I was under water pretty bad for a year.
Today, that $55K is worth $501.7K. If I were to put all that into Kucoin @ .085%/day for margin lending, I'd have $12.5K passive gross income. Per month. With no risk.
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yeah, that Kucoin lending really is something I've thought of for a while but I figured that during the bullrun I'd leave it in. I also was debating if is would be better to pull it out and wait for middle of the bear market to add back in and just leave staked in Cardano to keep earning 5% continually. If I was at 500k, I'd probably be more apt to go the safer route. I'm basically trying to go the route you did in 2019, not quite as much of a base yet though.