4 ms·
Leaving the coins on the exchange for that long requires an exchange-hack-or-failure cost averaging analysis to balance things out.
by krrrh 9y ago
Leaving the coins on the exchange for that long requires an exchange-hack-or-failure cost averaging analysis to balance things out.
- quantdev 9y agoFair, but I doubt the probability of the exchange getting hacked in 5 weeks is meaningful. I agree that you should never leave your coins long term on any exchange, just to be clear, but there is a reasonable amount of risk you can take.
- jacquesm 9y ago> I doubt the probability of the exchange getting hacked in 5 weeks Depending on the exchange that probability could easily be >> 0.0. Exchanges being hacked or absconding with the coins are all too common, ignoring that possibility is not a recipe for a happy ending.