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/biz/ - Business & Finance

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9906498 No.9906498 [Reply] [Original]

>bought 3k at $10

JUST

>> No.9906510

I bought about 20k at the current prices. Should be sweet when it reaches parity. A comfy hold too.

>> No.9906599

>>9906498
useless project with literally no use

>> No.9906618

>>9906510
DEFENTLY not, the price wont go anywere
there are a number of reasons for that but i dont have time to help Strangers
do your own Research sorry
also sorry about your holdings

>> No.9906625

>>9906599
fact.

NEXO replaces all lending platforms. Normies want quick hassle-free loans and nexo delivers.

>> No.9906651
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9906651

Stop
Loss
:
None

>> No.9906708

>>9906510
>he doesn't know about NEXO and the SEC
oh anon...

>> No.9906787
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9906787

>>9906625
fact.
nexo is gay as fuck and predatory and is the only counterparty to lenders on their platforms, so their capital to lend out is limited.

fact.
Coinloan is an as frictionless as possible p2p marketplace for crypto collateralized loans and it's launching this month for EU borrowers. Its market cap is currently below 2m USD and it burns every token used for fees.
It will beat both nexo and salt in loan availability, token appreciation mechanism, cost of the middleman service and range of loan term offers.
Lenders and borrowers can set up ask/bids with terms and their counterparty can accept. This ensures proper supply/demand mechanisms are in place to incentivize lenders to meet borrower demand.

Forget about nexo. Their total historic loans granted in their predatory consumption loan business credissimo is only 109m euro over several years. Salt got over a 1bn in loan applications the first year and couldn't service even 4% of them by march this year ("muh bank of mauritius"). Nexo will barely scratch the EU market for crypto collateralized loans with the funds they have available to loan out personally as the only counterparty.

Coinloan and its very low friction lender onboarding model will easily rake in marketshare.

Salt: Successful enough business to be successful as a business, but token holders got fucked in the ass and their big lender partner didn't deliver.

Nexo: Smallfry credit card company trying to suck some money out of crypto in the same predatory small minded way they did in fiat.

Coinloan: Low friction P2P market with massive loan scaling potential, extremely pro-holder tokenomics and ridiculously low marketcap.

>> No.9906816

So should I buy like 1btc worth of this trash?

>> No.9906902

>>9906816
Absoultely