That's not how it works.  If you drop below a threshold in your account holdings either by your investment's price fluctuation or by accumulated daily interest fees, then your position is liquidated and/or your whole account can be liquidated. 

The computer servers do this instantly without more than an "if/then" criteria. 

The only thing I'm wondering is what is the daily rate at Poloniex Exchange in the Lending tab.  It looks to cheap to be true....not that I know how to access the loans offered by others on there anyway.  Hehe

Or any exchange like Poloniex? 

And I'm talking about how much in fiat currency does it cost.

When I looked, I saw something like .50 a day.  I couldn't believe it.  Can you check that for me? 

Cryptos are a fairly new market for trading, so when you research any kind of trading, make sure you spend a heavy amount of attention on how they are trading stocks and futures markets which are very old markets and the most algo traded in the world since algos began. 

That's what it looks like.  Can someone verify that? 


Thanks

LEARN TO DAY TRADE STOCKS AND FUTURES.....

....on youtube and google.  I recommend taking a year or at least a few months (not kidding) practicing with the simulator trading platforms that allow you to trade virtual money, so you can practice the strategies you learn online in youtube, google, and trader chat forums as well as what you think of.  This simulator keeps you from losing money before you are ready. 

A hard challenge we stocks and futures traders have is learning on real money because we blow out our real money a few times before we start to succeed, and most likely by the time we actually do learn what we are doing we cannot find any more money.  When people learn on virtual money, and make sure to practice and research for months if not years before using real money.....you'll know when you are consistently profitable because you won't blow out accounts. 

That is a PhD in a career that pays far more than a Dr. or Lawyer. 

I was actually talking about the loan rates that seem fictionally cheap.

Can I do this?

Borrow money from the lending tab, and then use it in the margin tab to day trade with?

I day trade futures contracts, stocks, and options.  I'm just trying to get this market figured out and my routine structured. 

I was looking at the Poloniex loan rates on mostly 2 day loans, and they are something like .0050%.  

If I borrow 1 bitcoin at .0050% a day, what does that cost in USD?  

My math seems too low to be true.  

Well....it's already been passed through. 

Okay, this was a good lesson by trial and error. 

Thanks for the help and any more advice if you have any.

It appears that it finally cleared after about 15 hours, and it was simply sent back to my wallet. 

I just resent it with the recommended median satoshis listed on the "bitcoinfees" site. 

Should be faster. 

I believe that if the word about the fees on BTC right now start to blow around, the majority of the world is going to become selectively forgetful about BTC and cryptos subsequently.  Investors may still deal, but typical people may not which is very understandable.  I'm old enough and experienced to the world enough to know this about the world.

I have corrected the txid above. 

e7375cbc29675ff5bb79824b3a3ce2c32a3b24697d2bd8b46e0f351a55f5e201

dbd6c04407a968c7f4ab81665e0f483cd63e1d2d4d4dd6383ee52ab8448d5f35

There's the transaction ID in the second one.  The first one was not the correct one. 

I like learning about this, so if disseminate any details about this and that, I'd be appreciative.  

I tried to save some money because I hardly have any BTC, but I see the "Fee Too Low" warning on my order this morning, and the transaction hasn't been received on the other end. 

I want to get this unstuck.  I'm on Electrum, and I don't see the Child/Parent or other methods that I have read about online listed on the Wallet.  It's a bad wallet in my opinion; charges too much, and can't get unstuck.   


I also don't want to pay large fees.  The purpose of the crypto is to drop the transaction fees, but it looks like the fee for hardly any value of BTC is $14 - $75 USD value.  That's ridiculous to me. 

So what is a savvy way of getting around that fee?

Standard nonHD Wallet = people who need to import private keys from paper wallets (or 'broken' software wallets *cough*MultiBit HD*cough*) and don't want to pay transaction fees to "sweep" the coins.

What is the coin sweep thing? 


Watch addresses = People who use air-gapped offline computers to hold their private keys and sign transactions but need a way to see all the coins in certain addresses... (and/or nosey people who want to watch addresses for transaction activity)

I'm clueless.  lol  How does that work? 

Yes, that's what I wanted to know.  So how do people normally use those different options.  I'm just looking for ideas for inspirations.  I know it's a noobs question.  Hopefully no problems. 

I'm seeing options on this thing, and explanations on the website are not thorough at all.  Does anyone have any links to videos that describe them all in a down to earth kind of life hack expert way?  

Thanks

I didn't see anyone think of a way that would resist:


THE WORST THAT CAN HAPPEN

Computer Technology Corruption such as online or hardware hacks that destroy or are watching your key/s when you are transacting are a threat.  Another possibility I find in my research is that there could be an EMP bomb over the skies that fries all electronics, there are solar flares all of the time, and one could randomly hit earth frying all electronics.  There are bad government actors that can access the cell and wireless towers which could be turned up to fry electronics.  Wars are a common threat in civilization now and throughout history because of the depraved getting rich quick by hoarding all of the money information, laws, deeds, beliefs, rules, disinformation, and political/corporate/bank/government/cult/pseudoscience deception.  Blochchains are meant to prevent those things simply by keep records straight and balanced truthfully, but the above threats still loom more than ever in these days of unconventional warfare or science wars which use all forms of phenomena in massive, elusive ways without using a single gun or bomb like before. 

Also you can break computers.  They can be stolen.  They can be lost or whatever.  People lose their things.  That's the fact.

Essentially your bank is your computer, someone else's computer, and it is electricity and a combination of data for the most part.  That means that you have to make sure that it is never able to be compromised by any elements including others, yours errors, or elements otherwise.  If you lose a little money, hey, everyone does that.  I've lost twenties, change, and a few hundred dollars once.  I literally through my work checks in the demolition heap at a job site with my lunch garbage when I was 19. 


PAPER WALLETS

I know people want to store on paper.  The paper wallet trick.  It's a good idea, but paper and ink disintegrate most easily.  You can also lose it by dropping it, whatever it is in gets stolen, or you forget where you put it, or you move, or you anything, and it's left behind etc etc etc. 


METAL WALLETS OR METAL KEYS

I suggest what is better than paper for long termers that are hardcore preppers or you know who you are...engrave the keys into metal.  You could just scratch it on metal where there is no one that will ever do anything anyway which is always covered up and it's not possible anyone will look there.  It could be a shed, a building, in a wall, on pipes under sinks, in the attic, in the basement works, in the utility room works, pull the washer and dryer out or something tack it on there, pull a panel off of the car, weld it onto big rig equipment machinery or metal supplies or tools or something like that or a beam inside of a building etc.

You can take a little dremel with a cord or with a battery or some kind of drill like that, and just go carve it in the metal, rock, or whatever.  These tools and the supplies are cheap on ebay, craigslist, etc etc etc.

Things can happen though.  Cars can be pulled away.  Cars can be stolen and wrecked.  The house can burn down, and the washer and dryer or whatever could be so badly warped that the scratch on engraving and even drill engraving would be unrecognizable if it's even accessible in the first place before the bulldozers come push up the junk, and haul it all away.  If it was in the basement or something like that, a burnt house would cave right into that hole you call a basement.  Good luck getting it out of that. 

Scratch on a piece of metal may wear away over time like say a decade or multiple decades. 

Perhaps getting a grouter and carving out of the most inconspicuous place on a concrete foundation or something like that would work. 

Perhaps having keys engraved in metal strips by an engraving machine, and then bury the keys where you can't forget.  Use significant landmarks which can't be bulldozed over or lost to mudslides, flood erosion etc.  Think ahead, and think what the world does.  If it can do it, it probably will happen to it.  Just think like that.  You are number one with a bullet.  That lifetime of yours and that key could mean everything someday, so think about it hard.  Think about it again.  Think about another time.  And think about it again.  I used to be an arborist that climbed and rigged all of the trees.  Always quadruple checking the bites I was hanging on and what the tree sections etc were hanging on just wasn't questionable because my life, the fellas below my rigging, and the power lines, cars, houses etc below...........  Nothing can beat you except for yourself in these cases. 

If you go the engraving route, look for one that you can engrave yourself.  I know that there are places that let people do there own.  Search around for the maker workshops or even machinist shops, and drop them some cash to use it.  Perhaps even pick up something cheap from ebay or craigslist etc to engrave, and pick up many pieces of metal.  Just metal striplets can be as many of the same keys or duplicate keys as you want and ever need for each kind of coin that you are banking. 

Consider access to water, and consider access to salt water especially.  Rain and sprinklers will rust, and salt water rusts almost instantly in terms of a few years. 



STONE WALLETS

YOU MAY LIKE STONE.  YOU CAN ACCESS FINE STONE SLICES CHEAPLY, AND ENGRAVE ON THOSE.  START SEARCHING ONLINE OR ELSEWHERE.  ENGRAVE DEEP ENOUGH THAT NOTHING'S GOING TO WEAR OFF THE CHARACTERS.  NO WEATHER, SPRINKLERS OR ANYTHING WILL GET THEM UNLESS THE LAND IS WASHED AWAY OR BULLDOZED AWAY BY PEOPLE BUYING UP REAL ESTATE OR BUILDING THINGS. 

Well, what's the worse case scenario?  I mean if my wallet gets hacked on my computer, phone etc, or the exchange or whatever gets hacked, or I lose it, or it breaks, or whatever, then I'm broke.  That's never going to happen to me, so several wallets is necessary IMO.  Or several keys is necessary.  I need some training on this subject.

I'm not sure though if I need multiple offline wallets which are hardware wallets, or what is the bare minimum I need to diversify locations to my coinage?  For instance can't I just generate a series of keys, put them on paper, and store or bank them that way?  No EMP or Solar Flares or idiot government f-ups with HAARP or the Wireless Towers can mess that up. 

So basically the wallets store the keys for each kind of coin, right?  What if I want a series of keys made for the same kind of coin, so for example I have a bunch of an altcoin, but I don't want it all tied to one source, so how do I partition the key, so that I have a series of keys?  Diversify.

So all of the wallets are equipped with an address?  And they'll automatically generate a QR Code? 

I really don't need a wallet or anywhere to store.  A piece of paper at the most is good enough for me, but whatever.  I'm working on a ton of stuff (writing, research, and development), and I just need to get a coin dump with a QR Code.

Do I need a series of wallets?  I'm into keeping the spooks out and down, so there's no anything they can do to bankrupt all of my coins. 

Does each wallet come with a QR Code?  What kind of wallets are the best and hardest to pick pocket so to speak?  I do a ton of freedom shith, and that's a must. 

Thanks a bit.  BTC