I recently took a few crypto loans over the last few days and today I had the weird feeling that every time I take a loan, the market value keeps going up for the next few days. I checked and tested my hypothesis and it’s right.
I took a loan on 13th October, 2nd November, and 10th November. If you take a look at the daily candles, you can see that it clearly links up to the uptrends. Ironically, whenever I pay my loans back the market stagnates. Not paying back my latest loan until just before it expires around 3 months from now.
[Here’s some proof in case you’re wondering if this is true](https://ibb.co/YbNmyP8)
View Reddit by knowsalotofthings – View Source
im really curious why someone would take out a loan using bitcoin as colletaral? espically a $100 loan like you did. care to share the reasoning?