Risks Associated With Borrowing Against Cryptocurriencies
Trading cryptocurrencies can be a challenging and potentially profitable opportunity for investors. However, before deciding
to participate in the cryptocurrency market, you should carefully consider your investment objectives, level
of experience, and risk appetite.
Most importantly, do not invest money you cannot afford to lose. Past performance is not indicative of future results .
Any investment is subject to normal market fluctuations and there can be no assurance that an investment will
return its value or that appreciation will occur. Cryptocurrency markets are volatile and extreme volatility
might cause your cryptocurrencies to be liquidated due to a margin call if your loan-to-value ratio rises above
Borrowing against cryptocurrencies on margin carries a high level of risk, and may not be suitable for all investors. The
high degree of leverage can work against you as well as for you. Before deciding to invest or borrow against
your cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore
you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with
cryptocurrencies, and seek advice from an independent financial advisor if you have any doubts.
For example, a one year $20,000 loan with a rate of 14.00% APR would accrue $2,800 of interest after one year. Therefor, after 1 year, the total amount owed to Kambo will be ($20,000 + $2,800) = 22,800. Besides interest, there are no additional fees or other costs to the borrower. Kambo does not charge a early payment penalty or any other hidden fees.
Hypothetical Results Disclaimer
The results found on this website are based on past performance results that have certain inherent limitations. Hypothetical
trading programs in general are also subject to the fact that they are designed with the benefit of hindsight.
No representation is being made that any account will or is likely to achieve profits or losses similar to these
being shown. No guarantee of any kind is implied or possible where projections of future conditions are attempted.
All trading strategies are used at your own risk.