I am always trying to figure out new ways of making money
Some work out good, some end in an epic fail
So here is my masterplan
Currently i am building up a balance in my nexo wallet.
I am loading it with stable coins, which will be the same price further down the line.
I have also put in some btc, ltc, eth as long term holds
I will recieve around 8% on my stablecoin holdings
I will then use the coins as collateral take out a loan and purchase drops on the dropil platform which gives around 5% a month.
In theory i will be able to make repayments on my loan and be left with a profit every month.
The profit i plan to compound so i have more holdings and subsequently pay off the loan quicker.
Hence increasing by capital keeping my stake and making money all in one
Sounds like a plan