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/biz/ - Business & Finance


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28782663 No.28782663 [Reply] [Original]

Buy ETH with fiat on a CEX
>fee
Send the ETH to a wallet
>fee
Convert the ETH to a shitcoin through a DEX
>gas
My shitcoin doin a lil smn smn
Convert the shitcoin back to ETH through a DEX
>gas
Send the ETH from my wallet to a CEX
>fee
Convert the ETH to fiat
>fee
Send the fiat to my bank account
>taxes

Half my profit vanished through this goddamn process. It's barely any point to cash out even with a 20x profit.

>> No.28782846
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28782846

If you're not a whale don't buy Uni shitcoins
just buy cex tokens or indexes

Check out SCIFI index token for instance, includes exposure to all of this shitcoins

>> No.28783797

bump