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GreedyAgorist

04/30/20 8:57 PM

#15468 RE: MindlessSelf #15466

I checked the UPUSD price here at iHub and reviewed the chart just now at Trading View. I used to use Trading View a lot more last year, reading some of the crypto posts, and all of the ones on XRP. (Of course. Go, baby!)

As for the arbitrage strategy, I think I would want a better return for all the effort, like the effort I am putting in to move money every day from an account paying 1% to Uphold and then loaning it out through Cred Earn at 8%. I will stop at some point, about 4 months from now. Or sooner if CredEarn drops the rate from its current 2G2BT levels.

And as long as XRP loans get you 4%, that arbitrages the interest on my house* (including factoring in the tax bite). Let’s hope it is not under 3.5% after tomorrow.

*That is another reason I keep moving the daily max to Uphold; I want at least as much money available for CredEarn loans as the remaining principle balance.