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Can anyone shed some light on quant funds please? https://groww.in/mutual-funds/escorts-tax-plan-direct-growth
I am seeing stellar returns and extremely low expense ratios but apparently since they're quantitatively managed algorithms, they don't account for things like corona for example.
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Has anyone done the mail in test kits for Covid?
Is coinbase remote or in office?
How's SVB doing? Is there a hiring freeze?
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What do you guys think about BitTorrent ?
Time to buy.
Eth or Sol or Avax?
Nice to see crypto market rising back!
🔮Monday ETH to cross 1k 🔮
trx trx trx
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Get on the MATIC train
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You know blockfi no longer allows new interest accounts right? That's reason enough to question the sustainability of stablecoin rates. The actual safety of them is another question. I personally only keep some extra money I can afford to lose. Up to you of course. You can use it as savings if you're comfortable with it.
Rising Star
Always remmember that any of these companies will take your cash in very fast. But to take money out is always slow - some type of verifications, and has daily, weekly, monthly limits.
Keep some money on the side of the more liquid form for emergencies.
Fair in terms of sustainability of rates - I think they were just arbing on other protocols to offer these rates, and now they’re struggling to keep it up. I guess I didn’t think of it as unsafe (either anchor or blockfi). I guess safest option would be to have a checking, savings (despite the abysmal APY), and count crypto staking / interest accounts as part of your total crypto portfolio
Very helpful - thanks a lot for the feedback and context here!
You can consider it as your savings account. Savings accounts have varying rates too.
What’s FDIC insurance, Alex?