Where do you save your rainy day fund?

w1z4rd

Karmic Sangoma
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Jan 17, 2005
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6.6 a year. That doesn't sound good at all? Am I missing something
Its better than nothing, which you get with a lot of the other cryptos. Its a safe stake.

My mission in crypto is to get enough that I can live off that interest.
 

Not_original

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Apr 10, 2013
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Its better than nothing, which you get with a lot of the other cryptos. Its a safe stake.

My mission in crypto is to get enough that I can live off that interest.
Why not just stick it into a fixed term investment then? Easier to hide profits?
Can you earn that staking in crypto too? Maybe then
 

w1z4rd

Karmic Sangoma
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Jan 17, 2005
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Why not just stick it into a fixed term investment then? Easier to hide profits?
Can you earn that staking in crypto too? Maybe then
When you do fixed term investments.... can you buy them with crypto or how would that work?

Im kinda fundamentalist's when it comes to crypto. I dont like using 3rd parties. I like my crypto in their own wallets. I dont use services on exchanges.

Also, remember while the p.a. interest is low, your coin is still climbing with the rest of the market.
 

Not_original

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When you do fixed term investments.... can you buy them with crypto or how would that work?

Im kinda fundamentalist's when it comes to crypto. I dont like using 3rd parties. I like my crypto in their own wallets. I dont use services on exchanges.

Also, remember while the p.a. interest is low, your coin is still climbing with the rest of the market.
Probably true about the climbing. But it could just as well not climb
 

Not_original

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Few who have held a major coin for over 3 years have sold at a loss.
Are you perhaps doing btc arbitrage too? I see valr has a "hands off" type of service they are punting. What's your thoughts about this

Most overseas crypto exchanges seem to take only cc, and with the charges it seems like much of any profit is "lost in transit"
 

w1z4rd

Karmic Sangoma
Joined
Jan 17, 2005
Messages
49,747
Are you perhaps doing btc arbitrage too? I see valr has a "hands off" type of service they are punting. What's your thoughts about this

Most overseas crypto exchanges seem to take only cc, and with the charges it seems like much of any profit is "lost in transit"
Only ways I get crypto is to mine and stake. I dont trade.
 
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