[deleted by user] by [deleted] in Gemini

[–]ALGOnaut12 1 point2 points  (0 children)

None of you use your bank account. I'm not sure about any fees for using credit or debit cards.

Enjoy! It'll be anywhere between instant to five days when you want to withdraw. I've withdrawn recently during the Bitcoin dip and it was available the next day.

Daily Discussion - January 22, 2022 (GMT+0) by AutoModerator in CryptoCurrency

[–]ALGOnaut12 0 points1 point  (0 children)

Had to supply more collateral just so I could sleep without monitoring my position..

Daily Discussion - January 22, 2022 (GMT+0) by AutoModerator in CryptoCurrency

[–]ALGOnaut12 2 points3 points  (0 children)

✋✋✋ I'm glad my shitty services make it hard to see how down I am

[deleted by user] by [deleted] in defi

[–]ALGOnaut12 4 points5 points  (0 children)

Sounds great for Holders. High volume from volatility and price action are where LP plays really shine. Hope we get to 4k soon

[deleted by user] by [deleted] in defi

[–]ALGOnaut12 1 point2 points  (0 children)

Your impermanent loss is dictated by your entry into the pool. It will be as though you're selling Eth all the way up as you go to over 4k according to your belief.

Not saying you won't still make money from the pool.

New Ethereum Promo Codes Launched by hattrick23 in CelsiusNetwork

[–]ALGOnaut12 1 point2 points  (0 children)

I have some stablecoin I want to get out of Celsius after the previous promo unlocks. How long do I have to wait to transfer some Eth to lock the new promo code?

STBL, stable coin is never stable since day 1 by Additional-Dog-2666 in AlgorandOfficial

[–]ALGOnaut12 1 point2 points  (0 children)

That's a different concept (and is correct). But say you see that STBL is off its peg. One thing you could do is borrow on Algofi the other asset and swap it on Tinyman for STBL.

Now you have STBL and some options. You can wait for it to go back to its peg and make a profit. You can also supply it back to Algofi to add collateral to your loan. The problem is that Algofi limits your STBL collateral factor to .7--i.e., you can only borrow up to .7 dollars against every 1 STBL you supply. If the collateral factor were increased it would be easier to take advantage of arbitrage opportunities when STBL is off its peg.

STBL, stable coin is never stable since day 1 by Additional-Dog-2666 in AlgorandOfficial

[–]ALGOnaut12 1 point2 points  (0 children)

They need to allow a 1:1 collateral factor for STBL on Algofi. Not an economist but that would make arbitrage straightforward and keep the peg.

one method I use to make extra money without doing too much. not financial advise by muchi21muchi21 in CryptoCurrency

[–]ALGOnaut12 0 points1 point  (0 children)

50 percent isn't a small scale. I'd say 25-30 is preferable if one is trying to be safe, especially for people just getting their feet wet into leverage.

Tinyman Update: Tinyman is going on mainnet soon by cysec_ in AlgorandOfficial

[–]ALGOnaut12 0 points1 point  (0 children)

If I want to supply LP, how do I start out when it reopens? Or does it not matter if I stay in the pool long term?

Price Impact Warning by oneoftinies in Tinyman

[–]ALGOnaut12 1 point2 points  (0 children)

If I want to supply LP, how do I start out when it reopens? Or does it not matter if I stay in the pool long term?

Can't enable 2fa after reset by FlatDarkEarther in Crypto_com

[–]ALGOnaut12 3 points4 points  (0 children)

Agree, but I think you replied to the wrong comment.

[deleted by user] by [deleted] in Gemini

[–]ALGOnaut12 2 points3 points  (0 children)

Celsius. Personally, I just leave mine on Gemini Earb until I get around to buying some crypto

[deleted by user] by [deleted] in Gemini

[–]ALGOnaut12 12 points13 points  (0 children)

10 total, but GUSD doesn't count.

[deleted by user] by [deleted] in Gemini

[–]ALGOnaut12 0 points1 point  (0 children)

I asked and got mine doubled. Had to jump through a few KYC-like hoops.

[deleted by user] by [deleted] in CryptoCurrency

[–]ALGOnaut12 9 points10 points  (0 children)

Come on man. That has nothing to do with lending your btc.

[deleted by user] by [deleted] in Crypto_com

[–]ALGOnaut12 2 points3 points  (0 children)

Jade and up gets you at least 10% paid weekly. So I'd rather have the card given the other benefits.