imo... PRI does not seem to be anywhere near where it should be if loaning coins on the exchange ! tenths of 1% in interest ??? is the demand, from what I can tell...What is more profitable? A master node or lend the Poloniex?
Poloniex..........how can I put this? I wouldn't borrow one Doge from them! And that's too generous IMO. If you have 1000 Dash and the knowledge, it's quite the no brainier, TBH.What is more profitable? A master node or lend the Poloniex?
You can earn more % (with bigger risk) by lending on Poloniex than operating own Masternode, but...What is more profitable? A master node or lend the Poloniex?
Do you make this statement because loaned Dash on Poloniex can be used to short?2. When you are lending your Dash on Poloniex - you are helping traders to push Dash's price Down.
Sure - they can be used only for Earning by shorting Dash.Do you make this statement because loaned Dash on Poloniex can be used to short?
No. You borrow USD (aka margin) to go long on Dash or any other coin.Could you also borrow Dash on Poloniex to go long?
I agree, I've never margin traded because it scares me. I'm sure that if I tried it I would lose my butt. Anytime I sell, the price goes up, every time I buy, the price goes down.If you margin trade on poloniex, ya better know what ur doing. It's risky, the rates are pretty substantial, and I just don't like that exchange in general. Yes, you can make a couple coin doing so on poloniex, possibly a lot of coin. But in retrospect, you can also have your whole account liquidated quite quickly. Winner, poloniex. They don't lose, you do.
WyteMtr
You can earn more % (with bigger risk) by lending on Poloniex than operating own Masternode, but...
The main profit to Dash investors doesn't go as percentage from Masternode or percentage from lending on Poloniex.
The main profit is made from Dash Price rise, and...
1. When you are setting up Masternode - you are helping price to rise.
2. When you are lending your Dash on Poloniex - you are helping traders to push Dash's price Down.
So for me second option doesn't look as "more profitable", and event doesn't look as "smart investor behavior" (lower Dash price also means less development fund and so on...).
Man, are you serious?What is more profitable? A master node or lend the Poloniex?
I do not recomend using margin, especially with volatile cryptocurrencies.@Darren
Hey, thanks for that, I think I'm starting to get it...a little. Am I correct in thinking that going long is an equity proposal, while going short is a debt proposal?
@Darren apparently you have given this much thought and consideration...I do not recomend using margin, especially with volatile cryptocurrencies.
@Darren apparently you have given this much thought and consideration...
Question:
Would I be incorrect to consider margin trading is only a valid technique in futures that ARE in fact, volatile ?
What purpose would be served by attempting to margin trade any stock that was static in value ? ...other than paying loan fees to the lender ?
Thank you,
rc
If you don't have the knowledge; get it! Considering what's at stake, you'd think it would motivate a little effort and learning... @TaoOfSatoshi has a guide that can get even a complete retard up and running. Whether or not it's good to have complete retards running Masternodes is still debatable.If you have 1000 Dash and the knowledge
So I guess I should change the name to "TAO'S MASTERNODE SETUP GUIDE FOR RETARDS", eh, Camo?@TaoOfSatoshi has a guide that can get even a complete retard up and running.![]()
Do explain this vector to me...