A loan at a $125000. Your liquidation price is about 50 grand so everyone's just chilling laughing at these notes. 🤷🏽♀️
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And right now at this price, it's perfect to take out a loan. I don't have any open loans, but I've done loans before. And they are alright, as long as you can afford to pay it back bro. You're all right. The problem is when someone takes a loan for 10 grand and and they can't pay that 10 grand in 3 months because their income doesn't let them. That's a problem.
That's a hefty cushion.
Thats how it works
But then again, they are the ones given the loans. So what if they're in cahoots with the market makers or you know, they want to liquidate these people? I get you guys' argument now. They are probably bringing down the price for all these loans.
Possible downside targets, 85000 58000 43000