Jesus, you need balls of steel to trade lisk. Been following it on yobit and the price swings are nauseating.
I hear ya, bro. I was thinking and asking about issuing a Horizon Asset back by my Lisk (bought from IOU) but the volatility got me shying away. Too hard to peg an appropriate discount: one that not only adequately compensates for both market fluctuations plus buyers' waiting for the launch but also not low enough to signal "Desperate Seller."
Strangely, Yobit's IOUs have settled in at around 0.01. But for how long? Who knows?
Certainly not me.