Are Bitcoin shorts being set up by Bitcoin accumulators? Playing patsy with Mr Moneybags might be short term profitable. What happens if you are an exchange shorting against your own leveraged customers with Bitcoin you don't have? When you hit a fractional reserve ratio beyond your pay grade is the signal that bargain basement Bitcoin prices are over and it's bye bye short shorts
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While I still HODL, I've mostly given up on the crypto markets as a way to make money, as I believe the powers-that-be have now accumulated enough crypto to control prices, like they control the prices of other commodities.
I like Flex and BCH which I hold both of, so it makes sense to me to get 40% apr on farming the pair. Whichever way the pool is rebalanced I am happy.
Cool! What site do you use to do that, and does it require KYC?
Also forgot to mention you need Metamask installed on your Browser
This is the one I use. https://benswap.cash The interest is paid as Eben which you can either stake and get interest or convert to whatever token you want It's on smartBCH, you can use various bridges like Coinflex or hop.cash etc to send your Flex and BCH No KYC If you haven't created a farming pair before it can be a little tricky. Just message me if you get stuck.
Oh that is cool! Thanks! I'll have to chew over this for a few days to see if I can figure out how to get it to work.
Yes it appears daunting. First thing is get the settings for smartBCH to input into the settings panel in Metamask. You can find those with a quick Google search. Or help.cash maybe or I can dig them up.