SaltwaterC | Publish0x

SaltwaterC

Publish0x Member Since February 2020

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SaltwaterC

Earn up to 10% passive income with CredEarn

8 Jun 2020 4 minute read 0 comments SaltwaterC

CredEarn is another service in the world of crypto finance. It operates in the same market as Nexo, which I have reviewed over here. I ended up using CredEarn for a couple of reasons: Diversify the portfolio across multiple vendors should the worst...

Keeping track of crypto portofolio with Accointing

21 May 2020 3 minute read 0 comments SaltwaterC

If you only have one type of crypto and keep it in only one place without barely doing any transactions, then this article won't help that much. Otherwise, I have found that it was getting increasingly difficult to keep track of my portfolio. Besides...

Earn 8% passive income with Nexo

18 May 2020 4 minute read 0 comments SaltwaterC

On the topic of passive income, I have wrote before about how to Earn 25% APR during the Elrond Genesis Staking.   What is it? Nexo is positioning itself as a crypto lending service. The people who don't want to sell their crypto, but need liquidity...

Earn 25% APR during the Elrond Genesis Staking

15 May 2020 3 minute read 3 comments SaltwaterC

Short introduction The Elrond network is aiming to be a highly scalable, fast, and secure blockchain platform. The Elrond (ERD) token is the unit of value that will be native for the Elrond network and will be used to pay for the resources used on th...

Comments

FED Chairman Admits the Institution Prints Money Digitally

18 May 2020 Jeremy Wall

19 May 2020
haha money printer go brrrrr

Bitcoin Era - A Trading Gem To Make You Rich, or The Next Bitconnect?!

18 May 2020 acesontop

18 May 2020
DMA is a bit of a misnomer. By definition, for a CFD you don't own the underlying asset, therefore there's no direct access as you buy a contract. At best, a broker can promise that they pass the corresponding trade to the liquidity provider. Besides, most reserve the DMA option for their traders which are classed as professional, therefore they still bet against their retail customers. The marketing materials don't really help either. For example, they claim that there's no Stamp Duty to be paid for the trades - well, either they buy the underlying asset when they pass the order to the liquidity provider, pay the Stamp Duty, then pass the cost to the customer via higher commissions / spread (so the claim about no tax is nonsense as it's priced in the product) or they don't pass the order to the liquidity provider, there's no asset owned, but then the "direct" part is rather nonsense. Somehow I find it difficult to believe an industry which contradicts itself.

Bitcoin Era - A Trading Gem To Make You Rich, or The Next Bitconnect?!

18 May 2020 acesontop

18 May 2020
The CFDs popped up when brokers realised that: a) most retail traders lose money and b) it is a lot more profitable for them to take the opposite side of a trade. Add a sprinkle of leverage into the mix and you can see why people have their accounts wiped out when trading on a margin. When you are trading against the broker, they do have a vested interest for you to lose. Add the spread on top of this and the fact that they may not close your winning trades as soon as it is convenient for you. They are market makers instead of executing your transactions on the spot markets, albeit they may hedge some of those transactions to ensure they don't end up losing against a minority of their own customers. TL;DR stay away from CFDs in general. The game is rigged.

Earn 25% APR during the Elrond Genesis Staking

15 May 2020 SaltwaterC

15 May 2020
There is no minimum limit for delegators.

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www.swca.ch

Toppy1

Graduate of Business Administration, speaks English and French. Crypto Enthusiast.