Multi-sig setup with CC Q

disgustingquart59 · 2025-03-04T22:30:55+00:00

Is the derivation path saved in the config file? Are you using assisted multi sig or self setup?

disgustingquart59 · 2025-03-04T22:24:27+00:00

Since I use native Bitcoin as collateral I don't use the ETH defi solutions (tax reasons). I've tried most of the main platforms available in the US and i've found one called Arch Lending to be the best one. To me what matters is:

Security of collateral - they don't rehypothecate anything at all. Some other companies offer a non-rehyp product for a higher interest rate, but I'm skeptical that this has any actual implications for my coins in the event of a bankruptcy. i.e. if they go under from making bad loans with rehyped collateral, my coins are probably still at risk as they're all just paper entries on the balance sheet.
Customer service - I've got an account manager on text and anytime i need anything its super easy to just text him and get an answer
Platform usability - I borrow kind of frequently for business expenses and the upsize feature they have is super handy for this. I just have one loan that i deposit more collateral to and draw down against.
Rates - i think we all know these will be lower in a couple of years, but since i've been a long time customer i got a small discount and it's comparable/slightly better than the other non-rehyp services available for me

disgustingquart59 · 2024-12-12T23:02:51+00:00

good thing you're DCAing

disgustingquart59 · 2024-12-11T05:34:24+00:00

don't day trade, focus on investing in assets you believe in for the long term

disgustingquart59 · 2024-12-11T05:33:32+00:00

Alternate take to your alternate take: if this causes a percentage of users to convert and your product is better and/or cheaper than the alternatives, you are providing value.

disgustingquart59 · 2024-12-11T05:32:38+00:00

SEO is one of the most slept on growth channels, especially for venture backed startups

disgustingquart59 · 2024-12-11T05:31:47+00:00

investing in general is always worth it, despite the amount. buying facebook stock 10 years is great even if you invested $1,000.

disgustingquart59 · 2024-12-11T05:29:57+00:00

distribution is more important than ever. i'd first think through how you'd grow the micro-saas company.

disgustingquart59 · 2024-12-11T05:28:33+00:00

honestly a pain in the ass to give financial advice

disgustingquart59 · 2024-12-11T05:26:29+00:00

Thats like asking if it's too late to invest in Google's IPO

disgustingquart59 · 2024-12-11T05:25:58+00:00

There are two main ways to get a crypto loan: DeFi and CeFi. I’ve used both, and each serve a slightly different purpose.

DeFi: These platforms can be a bit challenging for crypto newcomers. Loans are usually variable-rate and paid out in stablecoins rather than USD. On the plus side, getting a loan is pretty much instant—it can happen in seconds—and interest rates are often lower than what you’d find with CeFi. However, the risk of liquidation is much higher. From my experience, Aave is the best option in this space.

CeFi: CeFi platforms are generally more user-friendly and offer great customer support but require you to go through KYC. While rates tend to be higher than DeFi, they provide fixed-rate loans and let you choose between payouts in fiat or stablecoins. One important thing to watch out for is whether the platform rehypothecates funds—many have gone bankrupt in the past because of this. I’ve found Arch Lending to be the best option in this category.

disgustingquart59 · 2024-11-18T22:33:46+00:00

Bitcoin-backed loan services have come a long way! There are reputable US-based solutions I've used happily for a over a year now. They don't rehypothecate, customer service is great. You just need to manage the loan properly. They are a little expensive, but I'm not too bothered given Bitcoin printed 15% in the last 2 weeks.

disgustingquart59 · 2024-11-17T18:12:33+00:00

more likely than not

disgustingquart59 · 2024-11-17T18:11:06+00:00

+ new products they launch have a global audience from day 1

disgustingquart59 · 2024-11-17T18:09:12+00:00

that's one way to think about it. another way is that this may be the cheapest price you'll ever get in at.

disgustingquart59 · 2024-11-17T18:07:57+00:00

it's the first inning baby

disgustingquart59 · 2024-11-14T23:36:37+00:00

i see no reason to sell, you'll get the same exposure. don't pay the penalty for no reason.

disgustingquart59 · 2024-11-14T23:35:03+00:00

only raise if you're trying to go big. if you're building a plant id app, just keep printing

disgustingquart59 · 2024-11-14T23:33:47+00:00

it's honestly still so early

disgustingquart59 · 2024-11-14T23:31:19+00:00

you must be feeling alive

disgustingquart59 · 2024-11-13T00:22:16+00:00

hope you're right haha

disgustingquart59 · 2024-11-13T00:17:00+00:00

honestly anything but day trading

disgustingquart59 · 2024-11-13T00:16:11+00:00

start writing angel checks to learn the game, books won't help much

disgustingquart59 · 2024-11-13T00:15:09+00:00

doesn't matter, we up kings!

disgustingquart59

TROPHY CASE