Showing posts with label crypto loan. Show all posts
Showing posts with label crypto loan. Show all posts
Crypto loans in coronavirus crisis
For people lucky enough to own cryptocurrency - crypto loans and their low interest rates compare to banks adds an additional way to get through the current crisis.

Friday Donald Trump finalized and signed the $2.2 trillion coronavirus economic bundle only hours after it passed a vote in the House of Representatives.

The broad act remains as the biggest crisis bill in U.S. history. It infuses a monstrous money related assistance into the economy with arrangements planned for helping American laborers, private companies and businesses currently worried about their future.

Key components of the bundle incorporate sending checks straight to people and families, a development of unemployment benefits, cash for hard-hit medical facilities and human services suppliers, help for private companies and $500 billion in loans for troubled organizations.

The enactment will speed up government installments of $1,200 to most Americans and increment jobless advantages for many individuals recently without work. Organizations of all shapes and sizes will get tax credits, loans, and tax reductions. It will send monumental billions to states and local city governments, and the country's stressed healthcare system.


Crypto Owners Have The Advantage:

Even with all that coming from the government - it may not be enough.

Or, you may not be in the United States and currently need as much help as you can get!

If that's the case, now is the time to take advantage of two factors that highlight the benefits of a crypto or bitcoin loan.

First - the low interest rates.
Typically, a small fraction in interest compare to loans from a bank.

Second - the current low price of Bitcoin and other cryptocurrencies.
 Most analysis believe it's going up from here, so as your loan matures your assets will likely increase in value. This could easily cover all of your interest (something I've had happen multiple times).


Recommended Crypto Loan Providers:

If you're outside the US: YouHodler.

Inside the US: BlockFi.
Both have solid reputations, and enough past/present users saying everything went as described on their websites. 


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Author: Matt Miller
London News Desk
CryptocurrencyLoans Reporter

Crypto Loans Help Traders Get Through Crisis...

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Photo of YouHodler Review
[ YouHodler Review Updated For 2020 ] - Today we're going to take a look at and review YouHodler, one of the longer running bitcoin & crypto loan platforms.

In 2019 they expanded to feature several other services, including some creations of their own and we'll take a look at those too.

One step I take before going in to my own review, is scanning various crypto communities for mentions of the company, to hear other peoples experiences.  Just to make sure if I had a good experience, it doesn't turn out to be a rare thing.  Or, if I had a bad experience and others are saying a company is great, I need to be open to the possibility that my bad impression just isn't accurate, but rather an anomaly.

In the case of YouHodler, I was unable to find any angry customers posting complaints. So, off to a good start!

Now lets take a look at what they offer!


Bitcoin & Crypto Loans...

Here is where YouHodler really excels for one obvious reason - their loan-to-value rates!

I was extremely disappointed when I first set food into the crypto loan world, finding out that i'd need to deposit $10,000 to get a $5000 loan just made the whole thing seem like it wasn't worth doing.

But YouHodler is still to this day offering their 90% Loan-To-Value loan, which has an interest rate of just 3%!

Not sure how they do it, but that's not my problem - it works and you get the funds right away.

Also worth noting - you can use 12 different cryptocurrencies as collateral!

The majority of lenders are bitcoin only, with a few accepting Ethereum as well.  So, this is another area YouHodler stands out.


Turbocharge Loan - Instantly Multiply Your Bitcoin...

This is one of their inventions, something some savy traders have been doing on their own but could take hours to fully execute. YouHodler has it down to 1 click with their "turbocharge" tool.

It works by using your bitcoin loan to buy more bitcoin, like:

Loan 1: 1 BTC
Loan 2: 0.864 BTC
Loan 3: 0.746496 BTC
Loan 4: 0.644973 BTC
Loan 5: 0.557257 BTC

Now, the user with 1 BTC suddenly has 3.812726 BTC, and positioned to score bit during a bull run.  YouHodler explains the smart way to use this:

"Perhaps the best part of this strategy is that it’s a moderate risk. Users can always repay the crypto loans back using the same “chain” strategy. For example, users can repay the smallest loan in the chain, get back some BTC and convert this BTC to fiat to use towards paying back the next loan in the chain. Take note that the amount taken from the 5th loan in the chain will not be enough to repay the 4th loan. The user will need to add a small amount to this in order to pay back the 4th loan (applicable for a case when the price is less than +12.7%). By repaying the chain of loans using this method, clients only need to pay the loan interest for the additional 2.812726 BTC in order to get their 1 BTC (original collateral) back."

Next time you feel a bull run coming, and turn out to be right - you don't need to stare at the charts wishing you bought more - turbo charge your existing holdings!


Earn Interest On Coins You're Saving Anyway ...

This doesn't take too much explaining - you can earn 12% on stablecoins, and 7.2% on Bitcoin by simply leaving your coins for storage on the platform.

So if you're currently just letting what you're HODLing long term sit in a wallet doing nothing, you should seriously consider earning interest and turning them into active income.

Big advantage here is that you get your interest earnings in a monthly payment, which you can immediately spend as you wish.


Our Official Conclusion:

YouHodler should be among the first places you try - they're just getting a lot of things right!

Crypto lending platforms aren't rare anymore, neither is the ability to earn interest on your coins - but you won't find platforms with terms as user-friendly as YouHodler's.

Then, their 'TurboCharge' just earns them points for having a feature that's useful, but can't be found anywhere else.


Our Readers Get The VIP Treatment!

So - check them out here and since you followed the link from our site, we've arranged with YouHodler to give anyone who signs up from here special terms, including more time to pay back your loan with no penalty!


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Author: Matt Miller
London News Desk
CryptocurrencyLoans Team | YouHodler Review


YouHodler Review (Updated for 2020 )...

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Bitcoin loan pictured with crypto loan
If you haven't learned already, there's a few different segments that crypto traders can fall into.  There's the newbies, your average trader, and the large investors AKA "whales".

It's probably not a surprise to hear the whales have their own set of tricks and tools they use to maintain their status at the top of the food chain.

One of these tricks you likely haven't heard mentioned, is how they can turn what they're currently holding into a lot more, fast, without getting any extra funds.

What If You Could Use Bitcoin, To Buy More Bitcoin?

This is exactly what they figured out how to do. Sounds crazy, but it's possible.  It works by playing the crypto lending market to their advantage.

Follow along...
  • Use your Bitcoin to get loaned USD.
  • You remain the owner of the Bitcoin, the lender is simply holding it as collateral.
  • Use that USD to purchase more Bitcoin.
  • Use that Bitcoin to get another USD loan.
  • Repeat. 
Which loan provider you use it is key, and a higher loan-to-value rate means more Bitcoin for you in the end. Currently, YouHodler is the top with 90%, so every $100 worth of Bitcoin you own, you can get $90 to spend on more.

Users in the USA however will need to use a service like BlockFi.

Using them as the platform in this example, and $500 as your initial amount (0.07 BTC) running this trick 10 times will bring you to $3253.

Yes, that's real - $500 turned into $3253 (0.070 to 0.455880) without using anything for funding but the original $500.

What once took a day of work, now in the push of a button!

YouHodler noticed how many people were using their platform to do this, spending hours taking out one loan after another.

So now, it's literally a feature - do it all in 1 press of a button.

Go to their website and head over to the "turbocharge" option, this automatically and instantly flips your investment into more Bitcoin from 3 to 10 times, you decide.

Their interest rate tops out at just 3%!  Each loan this number goes down, until there is none.

To state the obvious, you're betting on the price of Bitcoin going up in the 30 or 50 days you have the loans.

However - you can pull out any time, so don't risk it going up, and back down.  Close out your loans and take your profits when it's up, start again when the price stabilizes. If a bull run is clearly coming - go crazy with this maximize profits like never before.

For those in the US, there's no automated tool to do this yet. But if you'r willing to invest some time, you can accomplish this with services like BlockFi.

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Author: Matt Miller
London News Desk

EXPOSED: Traders Trick To Buy Bitcoin...With No Money!

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It honestly surprises me at this point when I hear someone who's generally deeply involved and invested in the crypto world, and they've sold their coins instead of kept them by using them to get loans when they needed money.

For some perspective, on a 6 month loan you would have taken it out with Bitcoin in the $5000's.  Depending on how much cash you took out and spent, Bitcoin trading in the mid $8500's today means your loan could already be fully paid off just by the increase in bitcoin's value - then you get all your crypto back, you still own it.

Someone explain how the hell everyone isn't doing this?

So I browsed several crypto themed online communities trying to gather what some misconceptions may be.  I spotted many people seeking a bitcoin loan shark, or try to get a bitcoin loan without collateral.   Well, that won't happen, there's no anonymous bitcoin loan or way to get an instant bitcoin loan from someone offering one when you have no collateral.


There is instant bitcoin loan verification however - moving into 2020 the number lenders to choose from is growing fast. 

Also growing in popularity - people getting a loan to buy bitcoin, with bitcoin!  It's a trick those who use generally keep quiet about.

While you'll never find crypto loans without collateral, there's so many quality crypto lending platforms you don't need to worry about putting the collateral up.   Because of smart contracts and blockchain, there's no such thing as an 'unsecured crypto loan'.

However, the thing that shocks people who have taken out loans, or earned interest on funds they lent out - the flexibility in the crypto loan world.

No penalities for paying a loan off early, and in most cases if you're doing an interest earning program - the profits become available every month!  No waiting for an investment to 'mature' - you get paid as you go.

As for where to start, we're still currently recommending:

If you're outside the US: YouHodler.

Inside the US: BlockFi.

Both have solid reputations, and enough past/present users saying everything went as described on their websites. 


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Author: Matt Miller
London News Desk
CryptocurrencyLoans


Bitcoin Loans - How Are Some Die-Hard Crypto Traders STILL Unaware Of How To Take Advantage Of Them!?

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The new financial tools we cover here aren't just being utilized by heavyweight cryptocurrency traders - when an ICO has completed, smart company founders are playing their cards differently now too, so we spoke with some of them to learn their new game plan. We're going to reveal the strategy of the top projects today. so take notes.

First you need to change how you think - if to you a "loan" is something for a person or company short on funds, you're very wrong.  Truth is, the wealthy LOVE them, and the smart ways they use them to gain an advantage.

Its about creating a combination of factors that leave your funds both protected and growing - and your company will be in a much stronger position once you do.

The advantages:
  • Get the spendable funds you need, WITHOUT SELLING the crypto you just raised.

  • Legally pay NO TAXES on the funds you do withdraw.

  • Earn interest and GROW any crypto you don't need to spend yet.

  • Use HIGH-RETURN funds, where you only pay the fund managers if you profit. 

    The end result: a start-up equipped with the resources they need for long term success!
We've heard how the best investors diversity, but until fairly recently that wasn't an option in crypto.  After an ICO finished fundraising, the funds raised (typically in BTC or ETH) would simply be spent, and any excess put into cold storage, only earning if the market value of the coins went up.

Now, those situations should be handled differently.

 Keep your crypto, still get immediate cash...

If you associate the word 'loan' with someone who needs money because they don't have any - stop.

Starting at the point where the ICO has completed, the company is either now funding a launch, or in some cases the product itself.  Either way, there's a lot of bills that will need to be paid in order for the project to take the next step.

Smart company founders have figured out - don't sell that crypto raised in their token sale, they can get the cash on hand they need without giving up ownership of their coins.

Here's how things worked out for a project I was recently an adviser on, the founder explains:

"BTC was trading around $4800 at the time our ICO ended, but it was slowly rising.  So instead of selling the BTC for the money needed to pay our engineers, patent lawyers, and marketing team, I took this money out as a loan.

The 26 BTC I deposited with the lender was worth $124k at the time.  I was given a loan for 90% of it's value.

I set the loan duration for 7 weeks - and by the time it was over, BTC was over $7500!   If I had sold my BTC for Fiat I would have missed out on that $2700 per BTC gain!  In this case that totaled $70,000.

Thank god I didn't sell that Bitcoin!  I just paid back the loans, and the BTC was returned to my wallet. 

Now we have $70,000 in company funds we didn't before - and our investors love me." 


► Tax Free Funds...

Funds received through a loan are tax free.  This could vary from country to country, but in the US, the Internal Revenue Service treats crypto money as a capital asset like stocks or property, not as a currency.|

This is a trick the wealthy have used for decades, and cryptocurrency opens it up to everyone.

► Where To Begin...

If you're based outside of the USA we currently recommend YouHodler.

We've also acquired this promotional code (which at the time of writing this is verified and working) - VHKTB2YIGYSHYLVQ - enter this when you join and this will lock in the best rates, and give you a few extra days on your loan if you wish to use them.

If you're in the US, we recommend BlockFi.

Part 2: Growing your remaining funds...

Any excess funds you don't need to spend yet shouldn't just sit around - they can and should be increasing in value!

The old way of thinking was company simply letting their investors know the remaining funds have been placed into cold storage, so it's safe... but it's not working to strengthen the company.

Smart projects are splitting these remaining funds between two tools that will get these funds growing!

► Earning Interest...

Any interest earned is on top of any gains the market makes!  So if BTC goes up 5% in value, and your BTC is earning 6% interest - the company will see an 11% gain!

Unlike a CD from a bank, you're free to pull your money out whenever you want.  So, it's basically a wallet that pays you while your crypto sits in it.

We recommend BlockFi's interest earning program.

► Crypto Funds with High Returns...|

This blockchain investment fund runs on risk management procedures to ensure an overall positive return, and so far it's worked.

Those who have put their money in have been very pleased with the results.  Monthly returns in 2019 have ranged from 13% to 30% - yes, per month!

Create your free wallet at Amfexi then read more inside about how it works.  It's about as simple as it gets - deposit crypto, watch it grow. 

They only get paid a percentage of the profits, so you know they're motivated to earn for you!

Good luck!

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Corad Sirril 
Switzerland News Desk
CryptocurrencyLoans

After The ICO: Smart ICO Founders Are Using New Tools To Grow Their Funds FAST and Keep Investors Happy...

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We've mentioned countless times how surprised most people are to hear that it's overwhelmingly wealthy people getting cryptocurrency and bitcoin loans, and here you're about to see why.

This is a process being used by savvy investors every day - what's new is that anyone can do in the push of a button and not have to worry if they did everything correctly, it'll automatically optimize all the numbers for you to end up with as much as possible.

We should mention - these funds are tax free in most countries!

It's actually a bit crazy to think about, while the general public seems to associate someone taking out a loan as someone down on their luck and short on cash, the wealthy have played the system to their advantage, they hear 'loan' and think 'maximum profits'.

We're going to use 0.050 BTC as an example since it's an most everyday investors have (about $500) and turn it into almost $2000 in a matter of seconds!

First, login to the YouHodler members area - make a free account if you don't have one.

Click on "Turbocharge Crypto" which will bring you to the screen below, here you can see the starting and ending numbers...


Lets take a closer look at how they got you there:


The YouHodler team explains it "Our platform automatically uses the fiat that was lent to buy more crypto without any fee (limited offer) to use as the collateral for the next loan in chain. Furthermore, the interest rate on each loan reduces with every additional step added" it's a pretty simple process with some big results.

If you'd like to try it out signup for a free account, and get your crypto working for you!


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Author: Matt Miller
London News Desk
CryptocurrencyLoans


"Stacking" Crypto Loans to Increase Total Amount Held, One Of the Pro's Fav Tricks - That ANYONE Can Copy Now!

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Instantly access cash you can spend freely - without selling your cryptocurrency!  As you can imagine, the power this gives cryptocurrency traders and investors is astounding.

However, many people seem unaware of just how simple getting a cryprocurrency loan is.

If you think a loan is only for someone who needs funds they don't have - you're very wrong! 

The wealthy have been using loans as a financial tool since they became available, you've probably been surprised hearing of rich people with debt.  That's because they're simply using borrowed money for one of the countless benefits.

  • Have funds available, keep ownership of your assets
  • During a bull run, take out a crypto loan to buy more crypto!
  • This money is TAX FREE! (In the US, check your country).
  • You won't have to speak to anyone.
  • No one runs a credit check.
  • End the loan early with no penalty.

How much crypto you have determines how much money you can get, and the numbers are the same for everyone.

Using Borrowed Crypto To Buy More Crypto...

During a fierce bull run have you've ever felt tortured watching the charts shoot up, saying to yourself "I wish I held more" of whatever coin is going through the roof? 

Those days are done - now you can increase your holdings and ride the waves of green, using the funds loaned to you to purchase more crypto.  The price goes up, but you'll only owe the price it was at on the day you got it - the rest is profit!

Some on the staff here have seriously dominated the latest bull run. Using their Bitcoin to get loaned money, to buy more Bitcoin.  Which so far has given them some downright insane returns - the timing was perfect to catch Bitcoin's rise from the $4000's to $7000's.

bitcoin crypto loans
This is the only thing you'll need to fill out. Then in a push of a button, you have cash.
The process was this simple - you get a wallet address from them, send your BTC there - then access up to 90% of its value in cash! Yes that’s right — with $1000 Bitcoin you can get $900 USD to do whatever you want with, and you're still the owner of your coins!

► For people outside of the USA...

If you're based outside of the USA we currently recommend YouHodler

Use promotional code (verified and working at time of publishing) - VHKTB2YIGYSHYLVQ - enter this when you join to lock in the best rates, and give you extra days on your loan, if you wish to use them.

For people in the USA..

Unfortunately, YouHodler is the only one that gives you 90% of what your crypto is worth, and it's not available in the USA.

If you're in the US, we recommend 
BlockFi.


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Author: Matt Miller
London News Desk
CryptocurrencyLoans



Turning Your Crypto Into CASH, Without Selling It - The Tricks Used By The Wealthy, Can Actually Be Used By Anyone...

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