Shower thought: You don‘t sell BTC, you just convert it to a weaker currency.

People think ‚oh i‘ve made profit, imma sell‘. You are not selling, you are most likely converting from a limited currency to a currency thats being printed on the day. It‘s like profiting on a Argentine Peso -> USD Forex trade. No point converting back to Peso‘s, just hold the USD it‘s much stronger.



Submitted February 28, 2021 at 03:11PM by frankOFWGKTA https://ift.tt/3uEQAgY

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