RE: How Crypto Lending Platforms Are Encouraging Short Markets
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I’ve only tried staking on apps but I haven’t tried the loans. The American tax thieves love to go after people in this territory so I don’t think I want to get into the foray yet. Once things spike more, we get a big sell off and buy back in a better position then I think I’ll be game for trying this type of stuff. The wife isn’t thrilled about paying taxes on internet money but she sees the profits made by doing it. I don’t know if I could convince her yet that this stuff is worth the risk and added cost of crypto software to track it lol
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If I was US-based and had to deal with all your rules and level of enforcement I too would stay clear, maybe just buy Bitcoin and HODL and not chase so many alts and DE-FI. As crappy as the US dollar may seem it's still relatively decent to hold long term versus our currencies. I hold a few USD and EURO just in case our currency implodes faster than the usual 12% a year lol
Yeah at this point I’m going to quit using things like Celsius and just stick with buying what I can periodically. It’s better than the hassle of the government crooks right now. Eventually I think it will be a decent thing to do but not yet.
I’m also done trying to play any games, all I do now is buy $10 a day or Bitcoin and keep storing it for the long haul I am not about to do forensic accounting just so I need to tell you how much you can steal from me lol wtf does that even make sense
I take all the risk do all the work and then YOU tell me to go work out how much I must give you it’s laughable that this is the norm
!ENGAGE 30
ENGAGEtokens.