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- Allocate your investments across different asset classes to mitigate potential risks.
- Track the value of your Bitcoin holdings regularly and adjust your loan proportion accordingly.
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- Remember that the value of Bitcoin can fluctuate, so it's crucial to track your loan-to-value ratio and ensure you maintain sufficient assurance.
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The decentralized finance (DeFi) space is rapidly evolving, with Bitcoin-backed lending emerging as a promising solution to unlock financial inclusion. By leveraging the stability of Bitcoin as collateral, borrowers can access funding without relying on traditional institutions. This new era of lending fosters {financial empowerment, enabling individuals and businesses to participate in the global economy with greater autonomy.
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