You're welcome! When I first started lending, I found myself wishing there was a comprehensive guide to show me the ropes. But I couldn't find anything good, so eventually decided to just write one myself.
That's exactly what I was wishing for!
Specifically I was wondering, since bitconnect makes money off trading when there's volatility...
I wanted to know more about what the bitconnect trader is doing,
and also if it's possible to get a similar interest rate as bitconnect (averaging .9 % recently) by doing loans directly on poloniex during volatile pumps?
This was very helpful. I see how interest rates can go up now. Although realistically I also see that they usually aren't that high as 1% so bitconnect is probably what I'll stick with for now. http://www.rapoet.com/getbcc
You're welcome! When I first started lending, I found myself wishing there was a comprehensive guide to show me the ropes. But I couldn't find anything good, so eventually decided to just write one myself.
yes this guide is what I've been looking for, thanks
That's exactly what I was wishing for!
Specifically I was wondering, since bitconnect makes money off trading when there's volatility...
I wanted to know more about what the bitconnect trader is doing,
and also if it's possible to get a similar interest rate as bitconnect (averaging .9 % recently) by doing loans directly on poloniex during volatile pumps?
This was very helpful. I see how interest rates can go up now. Although realistically I also see that they usually aren't that high as 1% so bitconnect is probably what I'll stick with for now.
http://www.rapoet.com/getbcc