Quote: (04-03-2018 08:37 PM)qwertyuiop Wrote:
Quote: (04-03-2018 03:28 PM)jamaicabound Wrote:
Quote: (04-03-2018 04:26 AM)Windom Earle Wrote:
We have a whole sub-forum dedicated to Cryptocurrencies.
I'm a crypto supporter and user, and I agree crypto fills this need of moving money without borders interferring, that said lets not pretend its not volatile as fuck. I'd much rather pay 15% or even 30% in taxes as opposed to losing 80% of my value in crypto over a couple weeks. It sounds like OP is trying to stash this money for the longterm, crypto could face some huge swings in that time.
Nahhhh...
Go to Bitmex. Put 10% of btc in there. Open a short position at 10x leverage.
Bam you've covered your downside
Goodpoint never thought of that however your still trusting an exchnage to hold your money and hoping some exchange glitch doesn't cause your position to sell, heard some nightmares about that. I could be wrong but I got the impression from the post OP was more looking to be able to stash something away and not worry about it except in case of emergency, I coudl be wrong though. Does Bitmex accept US customers and/or can I singup with a VPN?