Current Events > Is there a flaw in this infinite money strategy I found in crypto?

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MarthGoomba
07/14/23 9:37:56 AM
#1:


Borrow coin at ~6% APR

Loan it at ~11% APR, increasing collateral to borrow more. Borrow even more as the interest builds up

I can't see a flaw here

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https://i.imgur.com/m6Rgs8D.jpg https://i.imgur.com/qUMZhdW.jpg
https://i.imgur.com/LACtH6q.jpg
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Kai_Laguna
07/14/23 9:41:55 AM
#2:


I mean, that's essentially how some sneakerheads make their "living".
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