I swap my loaned collateral to put myself into a short position.
I'm not sure why you can't do this with ThorChain.
Deposit BTC or ETH collateral and then borrow stable coins.
Transfer the stable coins to a CEX to margin trade or just hold them to buy the dip later.
What am I missing?
Because I can do it all in one place without having to move things around. It works for me. I don’t feel like I need to change anything at this point. I am narrowing my focus and it’s paying off
Yeah makes sense.
I'm going to be using it for long term holds.
Maybe a year long bet.
I was actually extremely impressed with the AAVE upgrades in the fact that I can do all that in one spot. And on Polygon, gas is cheap as shit. Plus… I can go from Hive to Matic with Tribaldex, so it’s pretty streamlined for me.
I see where the Thorswap no liquidation thing would come into play for long term holdings. I would love to see them add some other chains like LTC too.