theoretically, could I just trade my bitcoin to a stablecoin to claim profit and trade back later?

theoretically, could I just trade my bitcoin to a stablecoin on an exchange to claim profit and trade back later?ie. Just before bitcoin drop, instead of doing a withdrawal, couldnt i simply trade for stable coin and take my profit. then trade back when bitcoin has dropped to regain my bitcoin + extra?Or is there more to it and this is probably a bad idea

Submitted January 25, 2021 at 04:50AM

No comments:

Post a Comment