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RE: Bittersweet Factoids: Lesson From The Polo Trenches And Their Applicability To Bitshares
You definitely want to have a coin you’re lending on in reserve if the price does go up and you want to capitalize on a profitable long trade. I’ve had many loans mature and the coin had risen then dropped. I guess I’m pretty inexperienced. This post helped a lot though…thanks! :)
Thanks for your kind words. It is gritty in the trenches, no doubt about it...
Another good idea is to stay away from lending bots and manually work your loans for the best rate and timing.
Right. Most of the bots aren't that hard to game. (Also, relying on a background bot means you're keeping your eye off the ball.)