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There's an assumption here that you can get out in time. What if you can't tell when and you miss conversions due to any number of reasons (congestion, availabi
by derivagral 5y ago
There's an assumption here that you can get out in time. What if you can't tell when and you miss conversions due to any number of reasons (congestion, availability, liquidity, counterparty risk in defi, etc)
I ask because I don't get the sense that most risk-on investors in crypto regularly convert gains back to fiat.
- 99_00 5y agoIt depends. People who have skin in the game are going to be the most responsible. People who's compensation is based on bonuses... not so much.