At the time of writing this article, the crypto market is struggling to make a consistent bull run but for those in the game long enough, this should come to no surprise. Ups and downs are the way of life in crypto but this volatility doesn’t always have to be a bad thing if you know to manage it. For example, there are a number of tools out there to help you profit even in a bear market. YouHodler is one of them and it’s a great addition to any crypto enthusiasts’ toolbox.
YOUHODLER HELPS USERS MULTIPLY THEIR CAPITAL WITH A CRYPTO BACKED LOAN
YouHodler is just one of many crypto backed loan companies that are taking the industry by storm but it has a few unique features that will come in handy when you’re trying to multiply your capital. Let’s start with speed.
Unlike other platforms, YouHodler has pay-in and pay-out options including bank wire, debit/credit/card, and USDT. Some competitors have one or two but not all three options. Using the USDT option, users can sign up, request a loan and receive their funds all in a matter of minutes. Now, let’s see how we can make this work for you.
THIS YOUHODLER LIFE HACK WILL MULTIPLY YOUR CAPITAL
For this example, let’s say you have 1 BTC and want more. That would be easy if you had spare fiat lying around but you don’t. Therefore, head over to YouHodler and request crypto backed fiat loan using your 1 BTC as collateral. Choosing the USDT option, you receive your loan in minutes. Since time is of the essence in crypto, you want to quickly head to an exchange like Binance and trade that USDT for more Bitcoin.
Now that you have more Bitcoin, go to YouHodler again and use that BTC to take out another loan. Again, request USDT and again, exchange it for more BTC. The platform lets you take up to five loans. With an industry best loan to value ratio of 80% and the lowest interest rates on the market, this is an affordable way to buy more crypto. Furthermore, if you time this right during a bull run, your profits will grow even more.
MORE WAYS TO MAKE MONEY WITH YOUHODLER
Another unique feature of this platform is the referral program. Most lending platforms don’t have one but with YouHodler, users can make up to 5% interest off loans taken from their referral. So call your friends and family, and get them to join on the fun. We all know the crypto market is just correcting itself now. Make sure you’re prepared for mainstream adoption by building your portfolio today.