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No, it drops 7% then gains 5% on the rebound, with 2% FOMO or FUD to go. No matter how you slice it, it's a good trade...especially when you can convert your other coins into Tezos temporarily when it's a lower taxable event or convert your Tezos out to something else when it has a higher relative trading value.
Best thing to do? Exchange XRP / Ox <-> XTZ, with the weight being on XTZ more in the short-run.
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Author: /u/OtheDreamer
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