nah, no one shorting this. only lazer eyes longs.
lol, what kind of comment is this ?
Michael Saylor speaks...
- Thread starter The_Krakenite
- Start date
nah, no one shorting this. only lazer eyes longs.
lol, what kind of comment is this ?
many did and had a great run from almost 900 to 150
Baron
ET Founder
Considering the conviction that so many of you have had, and continue to have, about BTC being worthless, it's astonishing to me that not one of you has mentioned anything about the profits you've made by shorting it. If your theory is true, these past six month have given you all the time in the world to ride this thing down. And even at current prices, you've still got tons of money to make on the downside by shorting it. So what's the deal?
Its not talk. It went down , like 90% down . Straight down pretty much
it would be very dangerous to short something that is traded 70% in fake money, aka Tethers. Until Fake money are removed from the system, shorts are of the table for a lot of people.
I was seriously considering buying puts against Micro but they were too expensive. We had few discussions last year about way to short it and being able to collect, and could not figure out a way.
For me it's risk reward. Being long, all I can lose is my original investment. No limit to what I can lose short.
the BITO puts were 10 baggers plus today
you dont have to be right all that often , just enough
you dont have to be right all that often , just enough
I've still got the option to sell CALLs on the way down.... Haha.
Not even going to think on risking those. Sitting tight, while the margin calls keep stacking up around the world. I wish now I had two jobs to have a bigger cash position coming in. Takes too long to wait for quarterly dividend payouts. Grrr...
Not even going to think on risking those. Sitting tight, while the margin calls keep stacking up around the world. I wish now I had two jobs to have a bigger cash position coming in. Takes too long to wait for quarterly dividend payouts. Grrr...
For stock trading, I’ve made more money on the short side than the long side. It’s not even close. The office I traded out of kept stats during the go-go dotcom years and it was the case back then. The first thing the guys in our group did when we got to the office was to get locates for stocks on our shorting list.
I’m referring to short-term (intraday) trading and swing trading. Holding stocks short in a bull market is not a great idea. Holding stocks short in a bear market will make you a home run king.
I just step aside in a bear market. I was in cash in 2008 and 2020. On the bright side I didn't lose anything and had cash when the market turned. even if I was late getting back in.