Which would u rather be short -- SPX @ 2600 or Bitcoin @ 7000?

[pinetboltz]

thanks for the replies!

i was actually spending most of tonight looking into the ways of shorting bitcoin, then was debating the relative merits of bitcoin vs s&p

for bitcoin, i guess the appeal for me personally was how it actually had decent retracements on its way up -- the hands dont seem quite as sure/strong as s&p, eg. when Jamie Dimon made the comment about firing any trader who traded cryptocurrencies, bitcoin had quite a sizable dip, seemed like the market was rather skittish. also the fact that the parabolic trajectory is right out of the quintessential chart for 'stages of a bubble' in finance books

 

[johnnyrock]

I would rather be LONG QQQ.

 

[cdcaveman]

never short the spx.

whoa.. hahah what.. kind of like housing never goes down>?

 

[Scataphagos]

I think I'd rather be short the SPX @ 2600. (Probably lose less money, slower)

 

[shatteredx]

Short SPX 2600 if I had to choose. I'd prefer to be long on both.

Takes two sides to make a market I guess.

 

[SteveM]

All things equal, I'd rather be short Bitcoin.....there is a far higher probability that something like Bitcoin gets a very rapid 30% flush up here than the S&P doing the same....sure the emini can drop 30%, but it won't do it as quickly as Bitcoin could.

 

[maxinger]

Neither.
can trade reversal but cannot trade against trend.

 

[pinetboltz]

wow, ok that was a fast retracement
https://www.bloomberg.com/news/arti...dium=social&cmpid==socialflow-twitter-markets