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H@High-Five more from that month

Coinbase and the Secret of DAI check this out! So, if you are anything like me you are really sad to see that almost your entire Crypto portfolio is down by almost 50% this past week. It sucks. I know. And I found this out too late. But for the future, this might be really useful! So here's what I discovered. My portfolio consisted of three main Cryptos: ZCASH (ZEC), Ethereum, and Algorand. Originally I was looking to sell them and just hold on to the cash and reinvest later. But then I got a look at the fees that I'd be paying! YEESH! Sure, you can convert between cryptos for free, but unlike stocks, it's almost an all or nothing. As in, all the Cryptos are down or they are all up (with a few exceptions here and there). So simply converting wouldn't work. As such, I thought, hey I know, I'll just convert everything to USD coin. Well, there are still fees there as well. But then I found DAI. And guess what. No FEES! AND DAI pays 2% all the time. So, I converted my ZCASH and Ethereum to DAI while this dip (or perhaps a better term would be correction) starts to subside a bit. AND I'm STILL earning 2% (which to be fair, isn't much but better than sitting around and losing money!). If only Coinbase had limit converting or something like that this would work even better. The best I could do was set alerts in other programs so that I can go back and buy when the time is right. What do you think? Is this a viable method to continue to make money without having to deal with fees and stuff? #Coinbase

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