I'm a bit of a finance geek. While most finance-related content on the internet is iffy, this video is great advice for most people and expertly explained 👏
You can also buy stocks and get a "loan" based on the value of the stocks. If you keep the total you have "borrowed" reasonable then you are not at a serious risk of liquidation. I do this with crypto. I have say $2k worth of crypto and am allowed to borrow 68% of that or $1360. However, i dont want to get liquidated so i stay below 34% or $680 so i have time to respond and deal with fluctuations.
I'm a bit of a finance geek. While most finance-related content on the internet is iffy, this video is great advice for most people and expertly explained 👏
You can also buy stocks and get a "loan" based on the value of the stocks. If you keep the total you have "borrowed" reasonable then you are not at a serious risk of liquidation. I do this with crypto. I have say $2k worth of crypto and am allowed to borrow 68% of that or $1360. However, i dont want to get liquidated so i stay below 34% or $680 so i have time to respond and deal with fluctuations.