Replying to Avatar Nate

Ignorant question: why would I put down a collateral value worth twice my loan principle?

Wouldn't it make more sense to just sell the collateral needed? The sales taxes are similar to the loan APR, and you'd KYC yourself either way
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OceanSlim 4mo ago

Because you don't sell. If price go up, take collateral back off the table. Taxes are more than a dollar amount. It's a huge headache.

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