Hi guys, i will start lending out 1 BTC on polo to get some stable gains, how ever im confused about what lending rate that is suitable? I just set 0.1% now and i got eaten in the blink of an eye. Did i fuck up? Should i up the rate? Any one with experience please help.
Polo have disabled their Trollbox indefinitely
I miss it already. I'm really sad anons ;_;
>>2323162
Haha! I saw that too, it made it easy to spot a organized pNd when all the pajeets started spamming "OMG!! VIA just got segwitted!!" "BIG NEWS!!!"
>>2323189
Pajeet here, no one in India knows about shitcoins. Once they know, it will be too late
>>2323162
what?? official statement?
>>2323141
Loan rate varies a fair bit by demand. I think there's a lending bot people use to actively seek the best rate. I've seen it as low as 0.06 and as high as 0.15
Since you're only lending 1btc, you could probably set and forget at around 0.12%
Apparently during crazy periods of mass chaos you can set a loan rate of around 2% because dumbasses forget to change the default rate when margin trading
>>2323141
The "Loan offers" shows the rate which everyone else is loaning their bitcoin out at at the current time. So just look at that and make a decision about how much to loan out at. A guy has made an open source lending bot that just always lends out your bitcoin. It's here: https://github.com/BitBotFactory/poloniexlendingbot