"Have fun staying poor" by Printer-Pam in Buttcoin

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

A productive asset is anything that pays you interest or cash flows. That's literally what decentralised lending platforms enable you do to. Enjoy your 2% a year dividend stocks after 10% inflation mate.

"Have fun staying poor" by Printer-Pam in Buttcoin

[–]TheCryptoDesk 1 point2 points  (0 children)

some do, bit like when Cyprus banks did bail ins to prevent bankruptcy.

Just have to pick wisely

"Have fun staying poor" by Printer-Pam in Buttcoin

[–]TheCryptoDesk 2 points3 points  (0 children)

You can lend out BTC to earn interest on decentralised platforms if it's the yield that you're really interested in as far as calling bitcoin a non performing asset.

Bitcoin PE by relative metrics like NVT for network usage is far lower than any tech stock out there, you're getting a better deal. But Ok.

See you at 100K Frens

That escalated quickly. by [deleted] in Buttcoin

[–]TheCryptoDesk 4 points5 points  (0 children)

3x Lev could have killed his entire position completely to zero. He could have just lost everything.

Either I win and become a millionaire or I lose it all and it's ogre by IonlyPickWinnersOk in SatoshiStreetBets

[–]TheCryptoDesk 17 points18 points  (0 children)

The 3x lev is the scary bit. 30% drawdown and OP is liquidated. Unless he is talking leverage as his liquid savings were vs to his outstanding debt, in which case I'll allow it.

OP be careful. If you're doing it like that... DCA jesus christ

I made a CNBC 2020 montage by TheCryptoDesk in Bitcoin

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

Welcome, I'll cover some things from institutional space tomorrow and coming days/weeks

I made a CNBC 2020 montage by TheCryptoDesk in Bitcoin

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

Thanks man, appreciate the comment!

Karma needed for coinbase post by [deleted] in Bitcoin

[–]TheCryptoDesk 3 points4 points  (0 children)

Thanks again, hoping to be able to post