3 hours ago
I used a crypto loan recently when I needed cash for an opportunity but didn't want to sell my Bitcoin. The process was straightforward: I locked my crypto as collateral on a platform and quickly received a stablecoin loan. It was perfect because my assets kept working for me in the market, and I avoided a taxable sale. A guide at https://shopnaclo.com/latest/crypto-loans-unlocking-the-power-of-digital-assets-in-modern-finance/ really helped me understand the pros, like fast access to liquidity, and the cons, such as volatile collateral requirements. It's a powerful tool for leveraging your portfolio, but it demands careful risk management. I'd only recommend it for planned expenses, not for speculative bets, and always with a very conservative loan-to-value ratio.
