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Bitcoin Forum > Economy > Marketplace > Lending > Why is nobody shorting BTC
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Author Topic: Why is nobody shorting BTC  (Read 4566 times)
Mosper (OP)
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March 28, 2013, 10:46:22 PM
 #21
Quote from: Tomatocage on March 28, 2013, 10:42:45 PM
Quote from: Mosper on March 28, 2013, 10:29:18 PM
Can't imagine why I would want to short bitcoins...sure would have been risky for me.

So let's say you shorted BTC when they were at 56-60 (when you started this thread). When do you get out?
I won't give away my observations on the BTC market but I will say it is not one of taking big risks and is much more focused on making marginal gains off predictable market behavior that stays consistent and possibly hitting a substantial cash should a large drop happen (I have already been shorting very small amounts of BTC but it's not super worthwhile at such a low number. Once you're moving a large volume of coins then the small and predictable fluctuations become a big deal).
Me? I'm just the cynical voice floating in the sea of unchecked optimism.
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