Quote (RedFromWinter @ 9 Dec 2020 00:53)
You really should, especially if you are outside the US. You could also look over the current order book to place buy or sell orders just above or below others :) And work in some advanced stop loss logic. My algorithm works well, but the commodity pair needs to have good volume or it won't even consider it.
If you are US based, things are getting worse. Binance has cracked down on US. They give us a watered down exchange. Meanwhile. Canadians can go nuts with crypto with low tax.
USA based so yeah, getting tougher to do anything but hodl and manually trade lmao
fortunately i got used to the manual process years ago trading eth and btc against each other but yeah
Quote (SBD @ 9 Dec 2020 01:36)
An area that I haven't explored yet is art, collectibles, and other works of art or other that appreciate in value.
I started looking, you can buy portions, much like a share and companies will hold the art for appreciation then resell in x years distributing the appreciation and your initial investment.
There is a lock up period where you can't withdraw your money but there's a secondary market for the shares so you could just sell your portion on that market if you needed to exit early.
You can look at the history of say a painter and look to see how past works have appreciated.
Things like this don't typically tank when a market tanks since the market is the ultra rich. An interesting hedge and pretty interesting to browse.
i got a buddy who does this, although his first investment was in a pair of michael jordan gameworn shoes lol (think the first ever pair of air jordans)
an older acquaintance has been investing in shares of facilities that are thriving now (one is storage). requires a decent amount initial investment (one share could be $10k+) but they’re all cash-flow positive and often get bought out or acquired at a good multiple.
id love to see someone figure out a reit that is based on valuation of residential real estate or something like that. commercial real estate is screwed for a while until people figure out the best balance moving forward for work. my company has been remote since march, has several offers from companies to sublease its corporate office, and has no timetable on moving offices.