Of all the coins one might choose, in a up market...
Why SALT?
First let's find out exactly what SALT is?
More importantly, what does SALT do?
Let's check their webpage:
Salt is a lender. They make loans but the loans they make hold crypto currencies as collateral for the loan, and apparently, they are going to do so at a reasonable interest rate.
How this helps borrowers?
Well, borrowers - DON'T HAVE TO SELL THEIR CRYPTO!
and that means that they have avoided...
A TAXABLE EVENT!!!
At least according to the SALT, as follows:
This would be an invaluable opportunity. Cash flow is low, and you are face with having to sell your Crypto.
With SALT, you don't have to sell your cryptos. Affording you the opportunity to:
Hold your crypto investment, allowing it to grow.
Avoid the TAX created by the sale.
All told, this means a huge cash savings, as well as potential profit. Some investors may actually take a SALT loan
to buy more CRYPTO.
and given the content of this article.
They might just buy -
I am not an investment advisor, but just read about all this and am sharing my thoughts. This is not financial and/or trading advice. But I am buying SALT