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I would gently suggest you leave off playing with leverage!
This would be the first time I've tried margin, I'm pretty sure ETH will slowly die from here on with dead cat bounces of course. Much more certain than what the hell XMR is gonna do!
But I'm still not certain of anything at this point except I haven't been at the Casino in a week and need a fix!
Nah really just see this as the only way to increase my holdings for the foreseeable future. Got killed last week. 3 people hit high hands against me for everything. A little painful on the gambling cash.
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In theory, XMR is a long-term play with lots of volatility in this low price range. But with a superior gain compared to Bitcoin over the next year or two.
My only stance is that if you are going to play in XMR, then accumulate on dips and hold. This is not a P&D wonder.
If you want to short an alt, you need to be very very selective. I will try to remember to make loud noises again on the next opportunity if I am not busy coding. Lisk and Iota might end up being opportunities, or perhaps ETH if he makes a double-top.
Edit: on any very significant up moves until at least through most of Q3, I would take some profits on XMR (not sell all), because I think we have risk of significant volatility in alts due to contagion coming in general markets as well as the Bitcoin halving.
Yeah, I'm not selling one XMR, I may lose them in a margin to get more but the goal is to increase and hold so we agree on that score. I thought about selling at 42 but decided not to (Guess I'm a dumbass). AFA buying in dips, that I have done and will do again if I can find a way to buy without BTC involvement. I think people need to leave BTC and I'm a man of conviction.
Thanks for the info, afa other alts, I feel their cap is to low to consider chancing my XMR on them. Hit me up if you think it's a good time to margin. Your correct more often thean not and if we both agree I'd say thats a good bet.
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So I was thinking there may be more users like me (I struggled hard but had great help from the community), who would like to support the Monero network but are not that much experienced configuring a Linux server. Therefore I would like to check if there is any interest in extending a fully hosted Monero node:
Can you sign the account for the node over?