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Author Topic: WorldCoin-trolls: Now it is time to close the short positions  (Read 497 times)
Jomppe (OP)
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March 14, 2014, 08:34:44 PM
 #1

The coin is going to be pumped to new highs.
Now it is still excellent opportunity for the trolls out there start closing the short positions and start longing WDC.

The next target for the marketcap is 100 000 000 USD.
Bigeyeone
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March 14, 2014, 08:45:08 PM
 #2

how does one short worldcoin  Huh

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Jomppe (OP)
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March 15, 2014, 09:45:14 AM
 #3

Borrow large numbers of WDC and dump the coins.  Grin

However, this is not easy way since you need really trust to the borrower so in cryptoworld shorting is not really shorting in its traditional meaning.
Shorting means in cryptoworld one sells more coins than one can afford to sell if the price skyrockets and hopes to rebuy them cheaper.


For example my case, I want to have 20 000 WDC in all the market conditions (this is just enough to make me filthy rich when the price goes to da moon).
Now if I short, I will sell the coins until I have reached my WDC sum under 20 000 WDC.


Personally I own much more than 20 000 WDC but I think 20 000 WDC is just enough for making one rich. If you own more than that - it is good for you. You probably do not need to go work anymore when the price hits 1000 USD per WDC (this is the minimum long term target for the coin since it is better than BTC and still many believe BTC goes to 10 000 USD or even 100 000 USD).

However, you need patience with WDC. When you hear trolls screaming and begging to sell all your coins to them, it is time to think with your own brain and buy as many coins as you can.

However, never buy more than you cannot afford to loose. Remember, some people can afford to loose more than some other people.  Wink
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