4 ms·
Hello, I don't trade crypto and I never will. I'll give you one tip. Look at a graph of bitcoin, litecoin etc. that extends past the last bubble and collapse
by random_comment 9y ago
Hello, I don't trade crypto and I never will.
I'll give you one tip.
Look at a graph of bitcoin, litecoin etc. that extends past the last bubble and collapse and ask yourself if you are willing to eat those kinds of losses if they occur again.
https://99bitcoins.com/wp-content/uploads/2014/02/bitcoin-market-value-chart.png https://99bitcoins.com/wp-content/uploads/2014/02/bitcoin-ma...
- avianbc 9y agoLooks like your link is broken due to some hotlink prevention stuff. :(
- random_comment 9y agoThat's a shame. Good news is that any graph of bitcoin's historical price over the last 6 years will serve just as well :)
- meric 9y agoYes, if the purpose is to make money as opposed to learning or for fun, I agree it's better to ride the trend. :)
- random_comment 9y ago> I agree it's better to ride the trend. :) I think you haven't looked at a 6 year graph if you think the 'trend' is only ever going up. The point of my post was to highlight the risk of (another) crash.
- nicholas73 9y agoCan you short sell bitcoin?
- remarkEon 9y agoYes. I haven't done it myself but it's possible on several exchanges.
- deleted 9y ago[deleted]