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Re: MindlessSelf post# 7641

Thursday, 08/08/2019 4:28:50 PM

Thursday, August 08, 2019 4:28:50 PM

Post# of 36149
My apologies for getting the XRP rate wrong earlier--and not noticing for 8 days. (Talking about using CredEarn here, to loan out coins purchased with Uphold.)

Let's try that clarification thing again: CredEarn's highest offered interest rate* on XRP went from 9% (when I got into the XRP game about five months ago) down to 5% and then dropped again to 3.5%. It did not go all the way down to 3%, which I incorrectly stated in a post which MS replied to; and it is his post I am using to "reply" off of now. MS did not contradict me in his post, but I realized the mistake and wanted to set the record straight. I had just remembered that the rate was less than 3.57%, my minimum for mortgage arbitrage purposes.

Now CredEarn's XRP rate is up to 6%. That is much more like it. You can get over 5% with finprefs (at par), so 6% is that much more enticing. Hmm... so is 8%. That is CredEarn's rate on Litecoin. I do not have any Litecoin yet... where do I get in on that one? Somewhere with an 88 handle, maybe.

*You have to hold 10,000 LBA to get the higher rates. LBA is kind of cheap now... compared to four months ago. Right now it would cost you less than 250 bucks to get the needed 10K.

My new goal in life is to be interviewed by Chantel Elloway. When that happens, my comments will be story, observation, opinion, maybe even enthusiasm. What I say will never be instructions on how you should risk your money. Same goes for these posts.

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