Is Robinhood Crypto Lending at 7% interest a bad idea…
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Is Robinhood Crypto Lending at 7% interest a bad idea?
I've put nearly a million into it which earns about $5500 a month. Instant compounding, higher rate than CDs, super liquid, and seems like little to no risk, if the interest rate changes I can always take it out and put it into something else. Seems like a great deal...
Personally not too worried about somehow catastrophically losing all my money, but maybe there's something Im not aware of?
#business
source
I've put nearly a million into it which earns about $5500 a month. Instant compounding, higher rate than CDs, super liquid, and seems like little to no risk, if the interest rate changes I can always take it out and put it into something else. Seems like a great deal...
Personally not too worried about somehow catastrophically losing all my money, but maybe there's something Im not aware of?
#business
source
| 2,000 mlx | |
| 4 | |
| 0 |