UNICEF Pledges to Hold Cryptocurrency Donations in Cryptocurrency
...
UNICEF expands on a previous cryptocurrency acceptance program by UNICEF France by pledging to hold and disburse donated charity in cryptocurrency.I'm indeed surprised. The common way for business is to sell the cryptos against fiat money as soon as possible. The reason is the egocentric oeconomic program, marketprice fluctuation is risk.
This greedy oeconomic progam leads to insane behaviour. Donation recipients hold the crypto donations on absurdly rising markets, and sell at once on absurdly dropping markets. This behavior increases price fluctuation. If you want a better world, change your mind.
Rebalancing is the way for human live. Distribute budgets on different assets, depending on confidence. No confidence, no budget. If you are doing otherwise, take your loss!
UNICEF this way should define budgets on every accepted crypto coin, depending on democratic decision. As long as the budget is not reached, especially on falling markets, the donations are collected and hold. On rising markets the budget could overflow, and on excaggeration they have to sell some of their coins to converge to the budget again. NEVER sell all coins, you never know how extremely the market price can rise.
Rebalancing is market price damping, buying low and selling high. The goal is the preservation of wealth, NOT the gain. In an human world, there are nearly now price fluctuation. In a greedy world, in which we are living, the rebalancer can gain a lot of wealth, the higher the fluctuation, the more. THIS IS A PASSIVE STRATEGY, YOU DO NOT NEED FEEL LIKE A HERO, YOU ARE A BOOBY!