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RE: How to earn passive income from lending your Bitcoin on Poloniex
KEY update if you could make it - When "Trading" understand that 50BTC worth gets borrowed every minute on average - so higher up the order sheet is better to go... don't just accept 0.050% these days - 0.18% is reasonable and gets hit all the time. We're talking 3X+ return vs being stupid and taking the lowest return - I TOTALLY disagree with that strategy - go up the order book and find the 50BTC above the lowest price loan... then price at the price just below the large block of BTC you see on the screen...
You make a very good point; things have changed in the market since I first wrote this last year, and recently lending rates have been extremely volatile. They fluctuate so much that it is often possible to get much better rates by ignoring the small dribs & drabs at the top of the book and put in a loan offer right in front of a big block at higher rates. Thanks for sharing this advice!