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RE: Pickpockets of the Future

in LeoFinance3 years ago (edited)

But make sure what you borrow generates more value than you will have to pay back,

This is what most people fails to understand before they borrow.
I'm always sad seeing people borrow from sources where they will have to pay twice of what they borrowed and yet couldn't even make profit from what they borrowed... It's really sad I must say.

There is too much volatility.

There have always been actually.

Well, all the same , I understand the angle you are coming from about the decentralisation of cryptocurrencies in general, it is an approach to solve a problem and I will be optimistic it solves if completely

I really enjoyed reading you, thanks for sharing

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Volatility is good, for those who are able to use it to profit. I like volatility. However, the volatility the markets are seeing now is outside the range of instruments that they are using and, the yare using our money, not theirs. Their loss is our loss, their gain is their gain.

Ouch... really didn't get that part.
You mean invariably that it's a win-win situation for them whereas we are left to suffer... Ouch