Topic: Looking for 1k$-2k$ (I earn 500€/month) (Read 177 times)
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Hi dear community,
I am looking to invest into Graft (GRFT) since I think that it's going to appreciate in price in the near future.
My monthly income is 500€. My only expense is when I go to restaurants or Burger King and eat there.
That is usually around 100€/month but I'm really trying hard to give up this bad habit.
Everything else like normal food, rent, clothing etc. is paid for by my parents.
I'm looking to buy 400€ worth of Graft and put that up as colleteral. Then I'm also looking to split the loan up like this: 75% graft 25% Wagerr (WGR). At 1st November I'm gonna put an additional 200€ worth of Graft up as colleteral.
Why only 200€?
My parents give me money every month and they already gave me 200€ in October so in November I can only put up a max amount of 300€ as colleteral.
Why am I not getting a loan at the bank?
Well the problem is that my parents give me the money in cash now and also my Bank account is only 2 months old and banks usually ask for proof of your bank account for the last 3 months.
I'm only doing the loan with escrow! The escrow should be very trustworthy.
What should the Escrow do?
So basically the Escrow should buy Wagerr and Graft with the loan and just Hodl.
I will have no access to the colleteral as long as I haven't paid back the loan.
When it comes to interest I'm willing to pay up to 8% p.a.
You can also have various documents such as my Identity Card, statements of account of the last 2 months (my Bank account is only 2 months old).
Feel free to ask me anything.
CrypThinkerton
I am looking to invest into Graft (GRFT) since I think that it's going to appreciate in price in the near future.
My monthly income is 500€. My only expense is when I go to restaurants or Burger King and eat there.
That is usually around 100€/month but I'm really trying hard to give up this bad habit.
Everything else like normal food, rent, clothing etc. is paid for by my parents.
I'm looking to buy 400€ worth of Graft and put that up as colleteral. Then I'm also looking to split the loan up like this: 75% graft 25% Wagerr (WGR). At 1st November I'm gonna put an additional 200€ worth of Graft up as colleteral.
Why only 200€?
My parents give me money every month and they already gave me 200€ in October so in November I can only put up a max amount of 300€ as colleteral.
Why am I not getting a loan at the bank?
Well the problem is that my parents give me the money in cash now and also my Bank account is only 2 months old and banks usually ask for proof of your bank account for the last 3 months.
I'm only doing the loan with escrow! The escrow should be very trustworthy.
What should the Escrow do?
So basically the Escrow should buy Wagerr and Graft with the loan and just Hodl.
I will have no access to the colleteral as long as I haven't paid back the loan.
When it comes to interest I'm willing to pay up to 8% p.a.
You can also have various documents such as my Identity Card, statements of account of the last 2 months (my Bank account is only 2 months old).
Feel free to ask me anything.
CrypThinkerton
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