​Price Correction isn’t Over? Where to Invest? The BitcoLoan CFO Answers Your questions

in #bitcoloan2 years ago

photo_2021-06-26_20-54-46.jpg

Hello! This is me, Bryan, the BitcoLoan CFO. I am glad to have a chance to talk to you again and tell you about the current market situation and how to cope with it.

Where to invest, what will happen to the crypto price, and how to take advantage of the situation?

At the moment, the market is going through price correction, which does not seem to have reached the end yet. If you look at the charts, you might think the correction is over, but it has not reached the 0.5 impulse response yet to end.

This can mean the further price declines, or subsequent "ghost" growth, which will turn out to be false. Although Bitcoin projected price exceeds $150,000 in early 2022, you should not let your assets get out of hand.

Right now, it is important to make the right decision and manage your crypto-assets smart. My personal recommendation, of course, is to invest in crypto-loans. This way, in addition to profits from investments, you can protect yourself from the cryptocurrency price drop.

Let's take a look at all the different loan types, figure out which one is right for you, and how to find your perfect investment plan. It's different for every case, but I'll help you learn to spot the gold mine from afar!
Individual Loans

Let's start with Individual Loans. This is the basic kind of investment. Practically, you just issue a loan to the borrower who matches your criteria:

  • Loan term.
  • Loan amount.

Just fill in all the fields and click "Find Borrower"

Usually these loans are short-term and do not provide a large investment amount. It's great for you if you want to:

  • Find a short-term investment
  • Invest a small amount
  • Break down investments into a few small deposits
  • Give crypto loans a try

Pros:

  • Fast profits
  • Instant deposit creation
  • Loans of any term and amount

Cons:

  • Short term
  • Average profit interest

This deposit type is great for beginners or those who do not want to depend on other users. Choose amount, set the term and go ahead!
Business Loans

Business loan type is of a more advanced level. They are issued by a group of investors to some business owner. As soon as a business leaves a loan request, the loan info appears in your Dashboard.

Check your Dashboard regularly for new requests. They are constantly updated, and the most profitable ones raise the loan amount very fast. For that reason, you should check the requests every day.

To invest in such a loan, just select the right one and enter the amount you are willing to invest.

In case you invite a friend to participate in one of your business loans, they will get a 10% bonus to the investment amount.

Though these loans are long-term, they turn much more profit than Individual Loans. They're good for you if you're looking for:

  • Long-term investments.a
  • High profitsa
  • Co-investment

Pros:

  • High daily profit interest
  • Long term investment
  • Additional bonuses for invited participants

Cons:

  • Loan starts once the whole amount is raised

This option is great for more experienced investors who want to make their funds work for them. You just invest for a long term and get a stable income, with no fear for your assets and market volatility.
Business Loans with a Lock Up period

This is the last and perhaps the most interesting investment option. It is essentially the same Business Loan as the one described above, but with one significant difference - the Lock Up period.

What does it mean? It means that unlike other loan types, you will not be able to profit every day. You can read more about it here.

However, this loan peculiarity is worth it as the profit interest of such deposits is much higher than that of a conventional Business Loan.

A loan like this is just what you need if you're looking for:

  • Long-term investments
  • High return of investments
  • No monitoring

Pros:

  • Long term.
  • Profitability
  • No need of constant control

Cons:
-One payment at the end of the deposit term

All the investment options described above are good in their own way. I highly recommend that every cryptocurrency holder, or even someone who is new to investments, doesn’t ignore the market trends. Also, now is not a bad time to buy crypto as we will soon witness an inevitable price rise to around $48,000. I hope that today's article will help you choose the option that is right for you.
Metamask

My colleagues from the development department have asked me to remind you that Metamask integration is already available.You can book your tokens now. Read more about that here.

And to make sure that after today's article you feel comfortable to choose one of your perfect investment options, I'm giving you the METAMASK10 promo code for a 10% bonus to your investment amount. Thus, you will earn even more!

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