The group's "Six No's of Funds":


1/ No onshore storage, because you could be asked to explain your source of funds at any time;
2/ No offshore storage, because they might run away someday;
3/ No on-chain storage, because it's vulnerable to theft;
4/ No off-chain storage, because the source of funds isn't clear;
5/ I don't store what others recommend—if it's good, why not keep it myself?
6/ I don't store what I recommend—if it's good, why should I recommend it?
After thinking it through, it seems there's nowhere safe to store funds?🫪
If you're worried about all of these, then the only remaining option might be:
Withdraw USDC to an Ethereum cold wallet and wait for a big dip to buy Ethereum at a lower price!!?
But here's the problem: it's fine to buy ETH on Ethereum during a dip, but how do you buy native Bitcoin?
Tip: The above is just for information sharing and does not constitute investment advice. Please do your own research!
DeFi Enthusiast: BitHappy
ETH0,98%
BTC0,64%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin