Long or short on btc?
- Thread starter Sandman_
- Start date
bestspinner
Power Member
- Apr 23, 2019
- 522
- 310
short it to zero, quickly
Machairodont
Junior Member
- Oct 9, 2021
- 166
- 155
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.
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 ?
Tribune
Junior Member
- Jun 7, 2020
- 136
- 99
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.
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
Junior Member
- Apr 27, 2021
- 110
- 51
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.
- 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.
