crypto loan while the market is acting weird

so Ive got 4 ETH sitting around on nехо and been thinking about taking a loan against it. done this a couple times before when the market was shaky, and it kinda worked out, mostly cause I guessed the dip was temporary. Last time after the CPI report in may I moved a bit and it bounced, and once more a little when the Fed hinted at pausing rates, so I think I got a slightly better feel for these swings than usual.
this recent drop doesnt feel permanent, just people freaking out over inflation numbers and the fed talks. When the market recovers next month, could use the loan to move into a few things without selling my ETH and maybe even pick up more before it bounces.
borrowing is not free, interest adds up, but Ive got some backup just in case I need it, so no risk of getting liquidated. honestly rates arent bad and id rather have liquidity than sell and lock in losses, even if its just a short term play. ethereum upgrades could shake things up too, maybe push price up if staking incentives kick in or gas fees drop, who knows.
submitted by /u/Fortknightdad2231
[link] [comments]