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REPORT ABUSIVE REPLY
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Message Subject
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STOIC - Crypto AI
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Poster Handle
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Inevitability |
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Post Content
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4-5% annual fee up front cuts 10% gains to 5%. 5% loss becomes 10%. Then you pay the fee for the next year. On the full balance? Right?
Quoting: Anonymous Coward 81083046 Don't know if I understand you. You pay 5% on your initial fee. So if you want to trade with 2000, you need to have 2000usdt in binance and pay Stoic 100usdt separately (+ gas). Then whatever is in stoic in 1 years time should you choose to continue, you pay 5% of that amount. Obviously the more money in the account the more fees you pay, but also the more gains it can make. You can withdraw at anytime, as long as there is 1000usdt remaining it will continue trading. It is interesting and I appreciate the suggestion. Seems there is a pretty big downside but I'll investigate and run some calculations. I don't see any downside apart from the initial fee, which I've made back in less than a week. The time saved allows me to look into other projects instead of constantly checking prices and trading. That is worth it to me alone.
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