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Problem is there's no safe rail to exit a position. You can sell to USD but can't withdraw overnight and deposit in the morning so you're exposed to counterpar
by jaaames 9y ago
Problem is there's no safe rail to exit a position.
You can sell to USD but can't withdraw overnight and deposit in the morning so you're exposed to counterparty risk which in the crypto sphere is enormous.
Only safe position is to be out of this market currently.