Long or short on btc?

[Sandman_]

Been doing some margin/leveraged trading last few months made ok profits so far.

right now I have no open positions can’t decide if I think btc going up or down this week.

any thoughts?

 

[bestspinner]

short it to zero, quickly

 

[marlee66]

i think need hooding , don't need short or long now

 

[Machairodont]

buy low, sell high...

If it goes even higher now, you "just" lost an opportunity, if you buy now (high) and it goes down, you lose cash.

simple approach.

 

[Sandman_]

buy low, sell high...

If it goes even higher now, you "just" lost an opportunity, if you buy now (high) and it goes down, you lose cash.

simple approach.

So what are you saying besides bumping your post count ?

 

[abebailey]

breaking the top, warning

 

[Tribune]

If you close your positions every week shorting BTC can be reasonable. The risk is manageable.
However, I would only short if I had a very good feeling about it.
The reason is that I am bullish in the long run. That means I think there will be more good weeks for BTC in the future than bad. This in turn means that good weeks are more likely than bad ones. And that's why I would only short if I had a very good feeling. Of course, this assumption is based on my being bullish on BTC. And of course you shouldn't listen to strangers on the internet.

 

[aditya113]

These are my personal opinions
- Paypal, Stripe, Apple, Twitter (via Jack) all major companes moving into this so it's gonna boom for sure
- Bitcoin is like the gold and entry point for quite a lot of people so it should go up as the demand goes up
- In long term about 2-3 years, I am Holding.

It's still a risky investment so only put the amount you are okay to lose 40-50% of.

 

[dragonseo]

short on BTC

 

[fluxas]

Short it. It will go down in the near future.

 

[josijosi]

got a refund of 2k for a youtube channel i bought via cash, paid 2k never touched that got refunded around 1950, now its 3,7k

 

[alurosu]

Never do margin.

That being said, go long

 

[k2h2]

It will go up, still plenty of room for growth.