Thanks. Hence, I apply for the nomad visa, get the driving licence and then call it a day? And if I want the my number card, I need to get the talent visa?
void said:
maybe JPY is a risky choice however in general it's not a bad idea to borrow shitcoins if possible in countries like Argentina, Turkey, Lebanon, Sri Lanka - especially if it's long enough loan (5+ years, or rather 10+) - don't you agree? please elaborate
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Inverse correlation and/or low volatility on the borrowed asset.daniels27 said:
Either way, you can lose everything. But why add a compmletely unrelated risk with a JPY loan?
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Leverage is not carry trading.daniels27 said:
Just forget about this nonsense and do leverage if you cannot afford.
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You can also bet on a single number at the roulette, it's just a different game.daniels27 said:
If you do 100x and put in 10k, you lose 10k when it goes down by 1%. If you do 1x and put in 1m, you lose 10k when it goes down 1% (but you also lose 50k if JPY goes down 5% which is quite likely).
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He has no money. He wants to setup a loan scam in Japan and use the free JPY he gets to speculate on crypto with no risk.daniels27 said:
But OP is not even interested in carry trading. He is just trying to get low interest rates like the Hungarian CHF victims in the old days
https://www.npr.org/2012/01/31/146140750/for-hungarian-borrowers-a-mortgage-nightmare
He just wants to speculate on BTC. That's why my questoin was why to add the carry trade risks if you can speculate on BTC otherwise.
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