Excellent where can I short it?
Bitcoin "Freefall"
- Thread starter SunTrader
- Start date
Excellent where can I short it?
Inverse your mom.
OK this "call" is done. But just looking at the chart now, can't see any reason it doesn't eventually go back to 5K
This hairlipped punk was pimping crypto all the way down
Every currency in the world is backed by a government's taxing power or ability to raise and generate revenues.
What backs cryptocurrencies besides the speculative ether of the market?
Well, you can see what happened with my weekly short signal from 8 months ago. We dropped roughly 66%. So you see how it played out in real-time.
It is clear that your opinion "garbage" was not just an opinion. It became a reality.
The logic, used by crypto fans, that you should go short, makes no sense. A real trader never trades garbage in either direction. Garbage is something you throw away and never use it for any purpose.
I realize that now. You're like Peter Schiffe. He literally said in an interview the other day "I've been warning people about Bitcoin since it was $10."
...and he was actually proud of that statement. If he shorted it at $10, I wonder what his unrealized loss would be today.
Today we see that you look more like Peter Schiffe. 8 months telling that things are improving and more and more financial institutions start with crypto's, even adding tax sellings as an excuse.
I don't have to wonder how big you loss would be today, I know exactly how big it is. You have an unrealized loss of roughly 60% in 8 months.
I guess there might be some support at 30k.
So in other words, shorting PUTs under the 30-strike should be worth the risk right?
Wrong guess.