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RE: Steemit Poker League - Win Free Bitshares Tokens Tomorrow, 9pm Central
Thanks for the Wangchange! With the cryptos taking a beating lately it's cool to see the list of assets grow knowing that the bounce back going to make them worth much more. I took a small lesson on borrowing USD as the collateral BTS backing the loan dropped below the settle price as values fell. The system was quick to sell off my BTS to settle the debt which was a greater amount of BTS then I would of preferred to pay for the asset gained. In hindsight would of been cheaper to just buy the asset straight up with BTS instead of borrowing USD to buy. Oh well, live and learn. Hope you have done better about avoiding that pitfall.
Oo, i made a whole another type of mess up... but more oon that later.. ya, i don't bother trying that borrowing feature.. I'm already in enough crypto debt.. fml