USDJ is pumping.. already at 1.10.. gotta beware i... @officialjustlend

Asked 1094 days ago
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USDJ is pumping.. already at 1.10.. gotta beware if you borrow lot of it.. might ended up liquidated.. no longer at 1 buck now.. your borrowing just increased 10% Correct me if im wrong.

asked 1094 days ago

1 Answers

It is important to be aware of the risks associated with borrowing large amounts of USDJ, as it is currently pumping and has already increased in value by 10%. If the price continues to rise, this could lead to a situation where you are liquidated, meaning you will no longer be able to hold onto the USDJ at the original price of 1 buck. It is therefore important to be mindful of the potential risks associated with borrowing large amounts of USDJ and to monitor the market closely to ensure that you are not exposed to any unnecessary losses.
answered 1094 days ago
0
Correct
answered 1094 days ago

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