I'll miss my cozy little Lemmy...
The upsides are apparent for the platform, but there's no denying that change will be inevitable for all of us, whether some instances choose to defederate or not.
Because breakfast is the most important meal.
Same, expectations are definitely in check, but cool none the less! I feel like there are a lot of hiccups here that would need to be smoothed out before this would become anything remotely feasible.
Yep, this was pretty much my exact reaction as well. I haven't really dug into it since, but it was an interesting twist on fusion that would be sweet if it made some progress!
I know this is probably tongue in cheek, but I genuinely thought the same until recently. There's a company called Helion which is developing a really cool fusion process that doesn't use steam as an energy transfer mechanism. Obviously it has its own set of drawbacks and roadblocks, but still really cool tech in the making.
Here's the video I saw going into detail on it if anyone's interested:
I would agree with the other comments that this is probably a risky idea. 90% of the time it will hold up fine without a problem, but given that the money is allocated as an emergency fund, it should be liquid and stable to help you during times of instability. I would argue that 90% isn't good enough for this purpose.
There are currently quite a few high yield savings accounts or even money market funds with interest rates around 5%. IMO, with that level of guaranteed return, it is hard to justify putting emergency funds into any higher risk investments.
One other point to consider with stop loss and stop limit orders is that they typically only execute during market hours. It's not unusual for the market to make big swings overnight or over weekends. In the event of a major market change, there is a good possibility that the order would execute far from the limit that was set. That in addition to the execution queue times in a sell off scenario could result in lower prices than you expect. Not to mention also the possibility of a circuit breaker stopping trading altogether if conditions are bad enough.
TL:DR do whatever you want with the rest of your money, but don't risk your lifeline for the chance of gaining a couple extra bucks.
ThePancake
joined 1 year ago
Four.. maybe even $10/mo after the manifest v3 chaos hits in full force.