How to sleep well during the market crash if I have a loan?
How to sleep well during the market crash if I have a loan?
How to make your loan more resistant and sleep well during the next market crash
Written by Sofia
Updated over a week ago
- When you take out a loan, set LTV below the maximum 70% limit.
- Remember that you can always decrease the LTV of active loans by adding more crypto assets: My Loans > Loan Details > Add More Collateral. Later, at any moment you can cash out excess LTV that you have put in for sleeping sanity. We charge no fees for adding and withdrawing collateral.
- Or you can make a couple of payments ahead of schedule: My Loans > Repay > Regular Scheduled Repayment / Full Early Repayment. It will decrease LTV, as well.