Letting it ride
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@ -109,7 +109,7 @@ Ordered by relevance and personal preference:
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| [Crypto.com](https://crypto.com) | 🇩🇪 | | [Yes](https://help.crypto.com/en/articles/3857197-fiat-wallet-usd-withdrawal-via-ach) | US specific? [High risk of collapse](https://manifold.markets/Base/the-next-crypto-exchange-to-file-fo). |
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| [Crypto.com](https://crypto.com) | 🇩🇪 | | [Yes](https://help.crypto.com/en/articles/3857197-fiat-wallet-usd-withdrawal-via-ach) | US specific? [High risk of collapse](https://manifold.markets/Base/the-next-crypto-exchange-to-file-fo). |
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| [Binance US](https://binance.us) | ? | | [Yes](https://support.binance.us/hc/en-us/articles/360047428893-How-to-Withdraw-via-ACH) | US specific? [High risk of collapse](https://manifold.markets/Base/the-next-crypto-exchange-to-file-fo). |
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| [Binance US](https://binance.us) | ? | | [Yes](https://support.binance.us/hc/en-us/articles/360047428893-How-to-Withdraw-via-ACH) | US specific? [High risk of collapse](https://manifold.markets/Base/the-next-crypto-exchange-to-file-fo). |
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| [Bybit](https://www.bybit.com/) | ? | | [Yes](https://www.bybit.com/en/help-center/article/FAQ-Fiat-Withdrawal) | |
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| [Bybit](https://www.bybit.com/) | ? | | [Yes](https://www.bybit.com/en/help-center/article/FAQ-Fiat-Withdrawal) | |
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| [OKX](https://www.okx.com/) | ? | | ? | ? |
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| [OKX](https://www.okx.com/) | ? | | ? | |
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| [Upbit](https://sg.upbit.com/home) | <span title="North Korea">🇰🇷</span> | | ? | |
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| [Upbit](https://sg.upbit.com/home) | <span title="North Korea">🇰🇷</span> | | ? | |
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| [Bitget](https://www.bitget.com/) | <span title="Seychelles">🇸🇨</span> | | ? | |
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| [Bitget](https://www.bitget.com/) | <span title="Seychelles">🇸🇨</span> | | ? | |
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@ -156,7 +156,7 @@ and I recommend acting as if the second interpretation is in effect.
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## Example flow and report
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## Example flow and report
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Below is an example. Amounts and prices are made up.
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Below is an example flow of cashing out, using Kucoin and Kraken. Amounts and prices are made up.
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| What | Input | Price | Fee% | Fee of Input | Output |
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| What | Input | Price | Fee% | Fee of Input | Output |
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| ---- | ----: | ----: | ---: | -----------: | -----: |
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| ---- | ----: | ----: | ---: | -----------: | -----: |
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@ -170,9 +170,31 @@ Below is an example. Amounts and prices are made up.
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Contrast with a theoretic value of `10000 MPC * (0.4 USDT/MPC) * (0.91 USDT/€) = €3640`, resulting in `€22.535968` lost to fees, and `€3640 * 52% = €1892.8` in taxes, giving you `€3640 - €1892.8 - €22.535968 = €1724.664032`, giving you `0.473809%`.
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Contrast with a theoretic value of `10000 MPC * (0.4 USDT/MPC) * (0.91 USDT/€) = €3640`, resulting in `€22.535968` lost to fees, and `€3640 * 52% = €1892.8` in taxes, giving you `€3640 - €1892.8 - €22.535968 = €1724.664032`, giving you `0.473809%`.
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## Discussion: Letting it ride
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It might be tempting to letting your MPC possessions "ride", e.g. paying off
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your tax burden by selling half, and keeping the rest in MPC. While this is
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definitely a possibility, you should not be blinded by greed or by emotional
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attachment: By doing this, you are **converting your bonus to an investment**,
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and you should consider the consequences of this.
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1. The price of MPC now is known, but the price in the future is unknown.
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2. For the first few installments you are already heavily exposed to price
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changes to MPC, and will get almost the same upside or downside whether you
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hold or not.
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3. If you have already decided to invest, consider that there might be other
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investments which have better characteristics. Crypto investment can be
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rough.
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4. From a [diversification point of view](https://en.wikipedia.org/wiki/Diversification_(finance))
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consider that you are possibly possessing an incredibly lopsided portfolio,
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due to the MPC grant.
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5. Also regarding diversification: You are already heavily invested in the
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well-being of Partisia and Partisia Blockchain, due to working there.
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The price of MPC and the financial situation of Partisia will most likely
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correlate.
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<!--
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<!--
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# Old and Scratchboard
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# Old and Scratchboard
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## Practical
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## Practical
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