RE: Using Bitcoin to Borrow USDT to Buy HBD - 12 days later...
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Ohe this literally took a while for me to get my brain on understanding what you are doing here.
And I do get it but for some reason it still sounds like this could glitch anytime? But as the price of btc rises, the price that you have to pay per month drops right?
Soo...what happens when btc drops to say 90K and you lending fees will not be made up for with the HBD interest you get in every month?
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There's no fixed monthly repayment. The volatility of Bitcoin is part of the risk - and the opportunity. I think the trick is to pay a chunk of the loan off early.
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