The moment the crypto community has been waiting for has finally arrived, (for now). Out of nowhere, Bitcoin has demolished resistance levels and the crypto market is showing bullish signals. In times like these, your portfolio will multiply by itself, but if you really want the most out of this bull run, let’s see how crypto lending can help. Alternatively, we’ll show you a few tips to hedge your portfolio in case this “pump” becomes a “dump.”
HOW TO BUY MORE CRYPTO FAST IN A BULL MARKET: YOUHODLER
In both bullish and bearish markets, time is an important factor. Depositing fiat money from a bank to crypto exchange can take too long. To really capitalize on market movements, you need cash and you need it quick. YouHodler’s FinTech platform offers a lightning-fast solution for crypto lending users. After signing up and passing a quick KYC procedure, users can put up their crypto as collateral (BTC, BCH, BSV, ETH, LTC, XRP, and XLM) and receive a cash loan in minutes.
HOW TO MULTIPLY YOUR CRYPTO IN A BULL MARKET
Let’s use an example. You have 100 LTC and you want to use that as collateral for a cash loan. In exchange, you get around $5,000 without having to sell your LTC assets. If the market is bullish like it is now, you can use this loan to buy more LTC, effectively multiplying your holdings. If the market keeps growing, the gains outweigh YouHodler’s interest rates. Hence, this is a quick and effective way to multiply your assets without selling.
YOUHODLER MAKES WITHDRAWALS AND CONVERSION QUICK AND EASY
Once users receive a fiat loan (EUR or USD) from YouHodler, they have the option of withdrawing the money directly to their credit/debit card or receiving their loan in Tether (USDT) for an instant benefit. Bank wire is also an additional option for loan withdrawals but for those looking to buy more crypto fast and capitalize on a rising market, YouHodler has the tools to do so.
Also included on the platform are crypto to fiat and crypto to crypto conversion tools. This allows users maximum flexibility to convert their funds to any of YouHodler’s available crypto or fiat options. As the platform continues to grow, more options will be added.
HOW TO PROTECT YOUR ASSETS DURING A MARKET DUMP
If this recent market rise is just yet another pump and dump scheme, crypto lending platforms can also assist you in hedging your assets. To do so, simply take out a loan from YouHodler and use the funds to invest in other cryptocurrencies for a diversified portfolio. The market does not live and die by Bitcoin anymore so if you have a well-diversified portfolio, you have a better chance of minimizing risk.
Another popular option these days is to invest in stable assets, or “stablecoins,” like USDT. Since USDT is supposedly backed by the US Dollar, it does not follow the dramatic behavior of something like Bitcoin.YouHodler has a variety of loan terms to choose from. Whether you want a quick loan for daily trading or a long term HODL solution, there is something for everyone.
Custom loan terms are also available so head over to YouHodler.com today and act now while the market is hot!
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