With the crypto market showing signs of recovery, it’s time to start planning your investments if you haven’t already. The market no longer lives and dies by the price of bitcoin. It’s more diverse. With this diversity comes new investment tools that every miner, trader, or enthusiast should have in their arsenal. Today we’re going to look at Bitcoin Micro Loans and three smart investing tips for your success.
BITCOIN MICROLOANS HELP YOU DIVERSIFY YOUR PORTFOLIO
Just like grandpa said “don’t put all your eggs in one basket”, you shouldn’t invest all your money in just one crypto. As stated earlier, Bitcoin is no longer the undisputed king of crypto. There are several competitors all battling for the top spot and you should have a piece of it. Bitcoin micro loans can help you get seed capital for these investments. Simply put your crypto as collateral, receive a cash loan, and invest in more crypto for a diversified portfolio. This will not only increase your chances of success, but will help protect your portfolio in the event of a bear market.
BITCOIN MICRO LOANS CAN SAVE YOUR MINING BUSINESS
Crypto mining is getting harder and harder to generate profit. Rising electricity costs and falling Crpyto profits mean miners are going out of business all over the world. But they don’t have to. Bitcoin micro loan can help save a mining company. Miners can pledge their mined crypto and receive a cash loan to repair their mining hardware, pay their electricity bills and more. When the market goes up, they can repay their loan and recover all their collateral as well as any gains received in the process.
BEST BITCOIN MICRO LOANS FOR CRYPTO LOVERS
If you are not a crypto trader or a miner, you can still earn a good passive income in this industry. For example, crypto lending platform YouHodler offers an attractive affiliate program that allows you to earn passive income from your referrals. Simply sign up on their website to get your referral link and start earning interest. With an average EU customer loan amount of 2,500, you can earn 1-3% of every loan amount your referral takes. This is an average of 4000 EUR with 50 referred customers. Visit their site to learn more and start earning.