I know I talked about borrowing stablecoins against your cryptos to buy the dip but with this high level of uncertainty and liquidations being triggered here and there, it might not be the best strategy right now. Except of course you deposit something like $100k worth of capital and you're borrowing just $5k. That way, you can survive liquidation longer even if the market continues on a downtrend for an extended period. #Cryptocurrency
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Borrowing always seems risky to me. The only reason it seems to make any sense at all is to avoid taxation on gains. (Stupid IRS!) I wonder if people are going to hide their crypto assets even more now? Time to buy Monero?