I mentioned in my last post that I keep 90% of my crypto on an exchange. Saves me time and eases off some stress of minding my coins in the absence of a hard wallet. So I use Binance.
WHAT I want to address is Binance liquidity because I just don't get it and believe I have done some research. The only time I earn on that liquidity is when I'm using stable coin pairs. Two days ago, I decided to give BTC/ETH a try. Already, it is looking like that was a mistake coz the only change I see besides the notable volatility is that pool keeps "rebalancing" and I'm losing my BTC to ETH. I don't like that at all. In fact I feel I have gained absolutely nothing and instead I'm losing. Don't want to pull out now cause I'm feeling like I'm missing so bigger picture and I need to wait a while.
Fingers crossed, let's see what happens tomorrow.
Posted Using LeoFinance Beta