Marnie

Let me educate you. Complexity equals risk. When you borrow instead of selling, you become bait for liquidation. It only needs to stay down for a little while, to force you into liquidation, then you end up selling lower than you thought it could go. The price oracle feed goes bad? You get liquidated. Scam wick? You get liquidated. Long one thing short another thing as a hedge? You can get liquidated on one, then the other, with two scam wicks. You can get ADL (auto deleveraged) on one leg, and left unhedged. The list goes on and on. And all the while you've got counterparty risk, in that whatever thing you're using, just doesn't give you any money if you win, closes shop, finds an excuse to not pay you, you name it. All of this is the opposite of why crypto was invented. Also, all these leverage, derivative games, means you don't really ever need to buy the real coin, you can just buy the fake coin, the coin that has the ticker on the centralized crap. So why do people do all this complicated garbage and get rekt over and over and over and over again? Greed and stupidity. When you hold spot Bitcoin, or Ethereum or PLS, PLSX, HEX, and some other honest, reliable things, you can't be liquidated. TLDR; Complexity and counterparty risk are the enemy, and the opposite of why cryptocurrency was invented.

Bitcoin update