What does Fiat do over time? While on the other hand cryptos, the ones that survive at least lol, decline and rise.
If I need a certain amount of money on a certain date in the future, I'd just as soon have that in cash. I know that fiat depreciates over time. It's why I speculate. I move from cash to assets that are increasing in value as opportunities present themselves. I don't hold assets that are declining in value.
I ran across it today only because someone twitted to Cory what's his opinion of it It looks like a young DeFi project but I'm very much interested Thanks!!
*** Post is for entertainment purposes only *** I was not planning to post an update on the MSTR LEAPS call options position but there are a couple of threads discussing the MSTR earnings after hours today Despite the sensational headline news of Saylor stepping down as CEO (to focus on buying more BTC's for the MSTR corporation) imo, it's prolly nothing... Bitcoin price up, MSTR up, bitcoin price down, MSTR down. Simple When BTC is over $100K soon™️, MSTR will be trading above $1500/share MSTR is a bitcoin-hodling company ------- Position is slightly in-profit but MSTR might be down tomorrow
All Bitcoin, no fiat. Fascinating, but not for people with families Converted everything at the top, too, and continues to convert on the way down
*** Post is for entertainment purposes only *** I used to dislike Junseth when he had a falling out with the Monero community and I was confused with his continued friendship with Monero lead dev/github maintainer, Fluffy Pony Maybe it's because Fluffy was always a Bitcoin maxi and did not see a conflict of being a Monero maxi at the same time Anyway, video has good content even for non-Bitcoin and non-crypto people, imo
*** Post is for entertainment purposes only *** I prefer a crypto bull market. These bear market rallies and chop to down moves are not fun to trade or speculate on... Closed out my CEL position for a loss of ~$7k. It started out good, position was positive ~$4k, and stalled for a day before grinding down continuously
Fyi, Algod covered the Eth short and flipped to long because Cramer is bearish for tomorrow I'm staying short Eth for now...
Bitcoin went back above $20K and is on an uptrend. Ethereum also above $1500 Covered the Eth short for a small loss and may re-enter as we get closer to the Merge or if crypto markets start going down again