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Posted April 25, 2022 22:00 · last edited April 26, 2022 00:44

Agree with this, no matter how confident you are, shorting would be a risky venture;
"There are several reasons why I would never consider this. Firstly, the old-adage of "markets can stay irrational longer than you can stay solvent" rings true. Bitcoin could easily go to 100k before its eventual inevitable downfall. Putting all of my money on a short position could wipe me out financially"
Not that I'm any kind of expert on that sort of thing of course

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Unknown editor edited April 26, 2022 00:44
Agree with this, no matter how confident you are, shorting would be a risky venture;
"There are several reasons why I would never consider this. Firstly, the old-adage of "markets can stay irrational longer than you can stay solvent" rings true. Bitcoin could easily go to 100k before its eventual inevitable downfall. Putting all of my money on a short position could wipe me out financially"
Not that I'm any kind of expert on that sort of thing of course