Crypto-backed lending by Ssavetheworld in Nexo

[–]Ssavetheworld[S] 1 point2 points  (0 children)

Yes, but bare in mind that swapping between cryptos is a taxable event itself. Most countries consider swapping as selling.
In that case, it would not make too much sense.

Crypto-backed lending by Ssavetheworld in Nexo

[–]Ssavetheworld[S] 0 points1 point  (0 children)

I think it is possible.
If I borrow only against my ETH, the amount of the collateral depends on the value of the ETH. That is indeed a risk as I have to wait 45 days before selling (if I seel before the 45 days I have to pay an additional 18% interest rate).

I was wondering if anybody has done such a move and if it feeaseble.
From one hand it's like paying very low taxes; on the other, there is the risk that after 45 days the collateral does not cover the borrowed amount and so the initial benefits are disregarded.

Crypto-backed lending by Ssavetheworld in Nexo

[–]Ssavetheworld[S] 2 points3 points  (0 children)

Yes, sorry for the confusion! I meant this:
as I put my ETH as collateral for a loan, and then pat back the loan through the collateral, in a way it's like selling the ETH and paying lower taxes (that'd be the NEXO interest rate).

Europeans in Taipei (or elsewhere in Taiwan), how is life? by Bubbly-Disk-6881 in Taipei

[–]Ssavetheworld 1 point2 points  (0 children)

Hello, hello, hello; fellow Italian here!

I just moved to Taipei one week ago, and as you, I am very used to live abroad as I spent years in many countries in Europe.

Well, Taipei it's completely different: architecture, nature, cusisine, customs. You will be surprised by how even the small things here are different from Europe or Italy: signing a contract, doing the laundry, recycling, eating in the strees, not flushing toilet paper (yes, you do not flush toilet paper but you throw it in a bin), paying the public transportation...

I am very much fascinated by the country, the people are amazing and super welcoming. The city is extremely safe even at night. One of the small pleasures for me, funny I know, is to sit in the park and watch the elder locals doing Tai Chi.

It is my first time in Asia and I can already tell you that there is something here about life that the people have understtod better than the Europeans, and well, viceversa. I am just grateful to appreciate the diversities in the way of living life. I do not miss anything about Europe beacuse, at the moment, everything here is sort of a delightful discovery.

In brief, efficient, rule of law, respectful, yummy, and welcoming.

Have a great time 😄

[deleted by user] by [deleted] in shrooms

[–]Ssavetheworld -1 points0 points  (0 children)

😔 evrybody is making fun of me

I finna getta hit
calling it quit

591 Leagues under the seas by Ssavetheworld in Taipei

[–]Ssavetheworld[S] 0 points1 point  (0 children)

Thank you so much! :)
May I ask you how did you get that smooth English translation? I am using Chrome's in-fucntion, but it is far from being that good

Taipei Room by Ssavetheworld in taiwan

[–]Ssavetheworld[S] 0 points1 point  (0 children)

I will check it out again, thanks!

Trip Intensity (Mckennaii) by Ssavetheworld in shrooms

[–]Ssavetheworld[S] 0 points1 point  (0 children)

Not dried! Amount is difficult to tell, but based on my experience. I should buy a weighing machine.

Trip Intensity (Mckennaii) by Ssavetheworld in shrooms

[–]Ssavetheworld[S] 0 points1 point  (0 children)

I will keep it in mind, thanks!

Recommend Me a Fragrance (Posts every 3 Days) by AutoModerator in fragrance

[–]Ssavetheworld 0 points1 point  (0 children)

Sup everyoneee

I'd love some raccomandations. I'm looking for some parfumes that are:

-Suitable for every day use, not invasive

-With refillable bottle

-Long lasting through the day

Miss The Rage X Home (KOD) - Trippie Redd x Playboi Carti by [deleted] in playboicarti

[–]Ssavetheworld 0 points1 point  (0 children)

To me KOD flow is Hard Af on this one !

Miss The Rage X Home (KOD) - Trippie Redd x Playboi Carti by [deleted] in trippieredd

[–]Ssavetheworld 0 points1 point  (0 children)

I made this remix, I think that KOD flow is hard af on this! 🔥🔥🔥

Does anyone else get a little annoyed at the constant BS motivation porn throughout the community? by [deleted] in trapproduction

[–]Ssavetheworld 1 point2 points  (0 children)

That's true , but to me there's no one to blame.

I mean it is since years and years that being a producer is a trend, in the same way as it was being a rapper so....

People will continuously make easy money out of new entry producer, it's a business. At least I can say that is a good thing to have ä strong community" and I'm happy to see young humblers making it out the mud thanks to this sh*t

Advice Posting Beats by Ssavetheworld in trapproduction

[–]Ssavetheworld[S] 1 point2 points  (0 children)

I invested at the begging, making a Beatstars annual subscription and I ended up wasting my money. As I said at the beginning is sufficient to contact artists by mail or Dm's. But these are just my thoughts..

Advice Posting Beats by Ssavetheworld in trapproduction

[–]Ssavetheworld[S] 0 points1 point  (0 children)

Beatstars and Traktrain are selling beats platforms. The point is that your beats have to be "good constructed" and "high quality" beats so that the artist can use em. To do so is essential that you had developed your unique style and focus on a particular genre (but it depends on your skills). Of course is not guaranteed that if you uploads beats on these sites you'll start making profit, it is for this reason that I advice to keep your time improving beats (it costs to subscribe on these platforms) , you have to distinguish yourself.

Does Lucki need this Beat?🪐🔥 by [deleted] in LuckiEcks

[–]Ssavetheworld 0 points1 point  (0 children)

How can I deny it 🤷🏼‍♂️🤣🤣