They are probably talking about on chain borrowing on Ethereum using Maker or Compound or one of many other similar contracts. In this case, if the price of cry

They are probably talking about on chain borrowing on Ethereum using Maker or Compound or one of many other similar contracts. In this case, if the price of crypto drops to the point that the amount you borrowed is more than the crypto you put up for collateral, you either need to put more crypto into your position to keep it collateralized, or the position will be liquidated, losing you the crypto and triggering the capital gains taxes you were trying to avoid.