[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 265 KB, 1048x1584, 1611075972102.png [View same] [iqdb] [saucenao] [google]
26418816 No.26418816 [Reply] [Original]

Anyone else sitting in cash? I feel so fucking stupid

>> No.26418856

>>26418816
yes i feel like a faggot

>> No.26418882

Fiat is the biggest shitcoin

>> No.26419056

>>26418816
Does anyone actually have ther entire net worth in crypto and use it to pay for shit?

>> No.26419128

>>26419056
Yes. Look up CRO and Binance cards

>> No.26419151

I have 12k emergency fund I am contemplating at least converting to stable coin and parking on something like Nexa for 12% interest.

Also, if Blockfi will give me a loan at 9.75% interest and Nexa will give me 12% interest on stable coin, isn't that basically free money?

>> No.26419159

>>26418816
>>26418856
Why? Why not at least put it in interest bearing accounts if you don't want to take risks with crypto/stocks?
You can get like 10% APY on stablecoins with companies like blockfi, nexo, celsius, etc.

>> No.26419185

>>26418816
Oof, did you enjoy losing 30% of your value due to brrrrrrrrrrr?

>> No.26419407

>>26419159
I want to do this, but I feel like government would come after stable coins first. They don;t care if they basically look at crypto as a new kind of gambling they can tax, but stable coin to me just seems like it's prime use is tax evasion, at least in the eyes for the government. All they will see is "IM GETTING KEKED OUT OF SHEKELS!"