A bit of a rabbit hole...Robinhood. Since this broke billionaire bought tons of Robinhood, what will happen to the stock?? Is Robinhood stable and can it recover from their venture into crypto??
That's what margin is for. Your cash is being inflated away tech time the clock ticks. Do not be nervous about this, embrace it. You may get lucky and have a chance to purchase Ethereum POST-MERGE for triple-digit prices. Miracles generally do not come by this easily.
One thing about cash is that my liquid net worth will be the same tomorrow. Might not be able to buy as much but I know the number won't drop. Actually it will increase a bit as my cash is earning 2.9% in a savings fund. Margin is fine but it get reduced as the market value of you holdings decreases.
Well, it is official, apparently. https://www.theverge.com/2022/11/9/...cquisition-abandoned-alameda-crypto-contagion A more "centralized" crypto is what we see, from now on. Looking at the usual disappearing act of these crypto exchanges, the last act will be monumental. Place your bets. When do you guys think that Binance will do the big finale? And what will the reason might be? Hacking again?
yield farming fuels the whole defi ecosystem through incentives mechanism via emission of tokens that are part of the ownership structure of the platform This is a much better alternative to IPO in tradfi, or ICO in cryptos iykyk https://pancakeswap.finance/
He said "my bad" It's all good now, don't you know, bro The future of finance... The future of everything