Here at M4, we keep a keen eye on the ever-enigmatic crypto space — from financing, asset capitalization, pricing trends…
…and yes, watching with one eye open as it tries to actually fight tooth and nail to be a viable medium of exchange; you know that thing (currency) that makes it easy to buy “stuff” with our digital dollars (or bitcoins).
There’s been a bit (pun intended) of a tumble in the crypto markets over the past 48 hours.
We could sit and take the paralysis-by-analysis approach — i.e., Is it people cashing out before last minute Christmas spending? Is it market manipulation? Is it due to Coinbase’s announcement of its support of Bitcoin Cash (BCH)? Or, is crypto’s Nuclear Winter really here?
Or, we can just maintain a HODL approach (i.e., no matter how violent the pricing gyrations are, hold certain core assets).
Let’s see what the great Yoda of the Crypto Daily YouTube channel has to say:
Yesterday (12-21-17), we released our December M4 Insider Journal.
M4i Members were presented with multiple new ideas and opportunities to consider including a way to Profit From Blockchain-Backed Loans.
We just added a new token to our Cryptocurrencies (Programs and ICOs) section on the MULTIPLY page. The utility of the token is based around a platform that is designed to be an intermediary that connects borrowers and lenders for collateral-backed loans. In this case, the collateral being used to secure a loan is your cryptocurrency assets.
Come on in… ( the water is fine )
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