@mignonlim I will throw this question to @ktinvest and @antoniomc27 .
What I understand on how buyback guarantee work is loan originator offer the loan to gain liquidity of cash.
So how loan originator earned is the actual interest rate from the borrower minus interest rate paid to the investor
What I do is scanned through the European p2p, find it interesting because the structure is very different from the Asia market. I never do much research into it.
U would have additional focus, the business of loan originator which provides the cashback buyback vs the non cashback.
They also have secondary market to buy and sell pre existing loan.
There could be a lot of varying strategies to go around with their p2p. At the same time, risk is higher
@jonhan Lastly, if you used a referral code (I hope you did), then have in mind the tiers for investing, and always invest a +20 Euro more than the cut-off to be on the safe side.
E.g: if you were thinking to invest 2000 Euro, it pays off to make the effort and try to invest 2500 EUR, for an extra 10 Euro immediate cashback. + 20 Euro to be in the safe side, better to invest 2520 Euro to secure the 30 Euro cashback.
E.g: If you wanted to invest just 1000 Euro, better transfer 1020 Euro, and you avoid losing the cashback in case at cut-off time for the calculation not all your 1000 euro are invested.
@geezfund I have some minor stakes in major coins, and indirect exposure through business loans to crypto-farms. I HODL coins more for FOMO than anything else. I think crypto and blockchain has come to stay, but mom-and-pop investors will not make too much money out of it, only big companies and institutional investors.
Well-noted on your poll responses everyone! We'll keep them coming 💪
To pass it on, go ahead & share any resources which helped you understand commodities trading/investing as a beginner.
Let's see what we can collectively achieve from crowdfunding our learning materials!