Daily reminder that nobody ever became rich by hedging

[r0ach]

This post is not to be considered investment advice in the continental United States, minor outlying islands, or territories acquired through conquest.

[smiles]

The key is to use other people's money and collect huge fees and bonuses.

[oblomov]

The key is to use other people's money and collect huge fees and bonuses.

Or, one can use OPM, from margin funding at Bitfinex and other exchanges.  The lending rate is less than 2% p.a.

[jehst]

How many people has bitcoin actually made "rich"?

[r0ach]

Winkles are in at something like $100 a coin average, and Rptiela has a castle, so I'm guessing a couple.

[TERA]

$100 per coin?  What about the people who are in for $0.1 per coin?