Is it just me or is shorting btc like really fucking stupid

is it just me or is shorting btc like really fucking stupid

Right now it isn't so stupid.

shorting anything is really fucking stupid in the long run

Yeah lol really stupid

saged

>he just admitted he's a newfag and/or he wants to be banned
Enjoy your inevitable ban.

only sometimes, user
there are times where it's a surefire way to make serious money, but it's generally before most people would consider shorting it

shorting isnt stupid if you aren't and know how to employ risk management.

BTC is dying.

>posting a screenshot to show you saged
>even though announcing sage is against rules
>and doing something so stupid is more likely to get people to respond to your dumbass post without sage, thus bumping the thread more

I suspect you are OP trying to psy ops your own thread

Make money going up and down. Twice the opportunity. Seems like opposite of stupid.

It's just you. This is going to be a roller coaster ride for the next month, at least. Short the highs every time and you'll be a happy man.

>dying
それ わ もう しんでいる

This guy.

>Long
>possibility of losing all of it. (very unlikey)
>possibility of gains over 100%

>short
>possibility of losing more than you purchase, maybe your whole account until liquidation (likely)
>getting gains of at maximum 100% (very unlikely)

Anyone who shorts is a gambler.

You can get more than 100% return on equity shorting. See here

It's stupid most of the time 50% of the time
but you know what isn't stupid?

>Leveraging a short
>Higher risk
>still less reward

I respect the guts of x25 leverging but I hope you ended your position
Because right now it'll boom to 13k in two days

sure, until it doesn't come down anymore and he loses a part of his stack. and then the emotions take over and he loses everything

When it doesn't come down anymore. We'll be at sub 4k. Yes, I'm a bearfag this year.

next 2 days confirmed to be critical for BTC

Most companies fail. Shorting works. Deal with it.