Easy way to decrease losses
BTC felt once more. Amount of people, who believe that cryptocurrency market will recover, decreases every day. I believe that nobody could help the market or even to help himself by just waiting. We need to understand that most of tokens and coins are controlled by holders: these people do not sell tokens until the situation will become really bad. That is why their tokens are just loosing value.
Some people try to invest in something new, but the income of such investments is very unclear. Experienced traders are able of making money in any terms, but newcomers are not. Fortunately for every person, who is reading this article, I found Vena network, read the whole WP and now I am ready to tell you a lot about this great project, which will allow your money work.
Unlike most of new platforms, which focus on financial operations between cryptocurrency market representatives only, Vena is not so limited. Demand for loans and credits in fiat world is much bigger that in cryptoworld, so Vena is here to help them meet.
Vena passes development stage, but it is much better than any other developing project, because Vena is aimed on satisfaction of future users’ demands. As for me, the only reason for ICO boom to end is attempts to cover existing demand, instead of thinking on several steps further. Teams were weak and investors did not payed enough attention, so now they have to pay for their mistakes.
Cryptocurrency borrowing is closer that you can imagine
I explained you that holding is not an option, especially now, when market goes red every week. In the same time, most of people do not have enough skills to become traders or not enough time to get this skill. In the same time, we all use bank deposits, while banks use your money to give loans to other people, so you share your profit with bank.
Thanks to decentralization, smart contracts and blockchain technologies, it is possible to ignore banks and become real borrowers on your own. Why such approach is better? Because you and person, who gets the loan will not have to overpay, so terms will be more beneficial for both sided.
Person, who needs money, will not have to contract bank and brokers. In addition, cryptocurrency market is not limited by borders, so you may get a loan from the person that lives in other part of our planet. Thanks to the jurors and Vena kernel contracts, both sides could become sure that their interests are protected.
As for cryptocurrency holders, there will be a chance to decrease their losses. BTC dropped for almost 20% several weeks ago and there is nobody to cover your loses. In the same time, if you borrow money to other person for 20% annual interest rate, you will not cover all your losses. It works with all the tokens that you have in your portfolio, so do not waste your time: invest in Vena right now to get the fastest access to cryptocurrency borrowing tools.
Links:
Vena Network website - http://vena.network/en.html
Whitepaper - http://whitepaper-en.vena.network/
Telegram - https://t.me/vena_network
Author: https://bitcointalk.org/index.php?action=profile;u=1379266
Author ЕТН: 0xaFefb0521ce98ee2136Cb2d43001A8f8d1bEAB76