4 ms·

Just keep cash on an exchange until it crashes.

• riku_iki 9y ago
  It is not "shorting"..
  • odonnellryan 9y ago
    It is going short on the asset.
    • riku_iki 9y ago
      Shorting bitcoin would be borrowing them say at $5000 price, selling on the market on $5000 immediately, and then when it fall to say $2000, you buy it again, return to owner, and have extra $3000 in your pocket, so you got $3000 from your trade. Just selling bitcoins now and sitting on the cash will not produce any income.
      • odonnellryan 9y ago
        No, but you can make the same bet that BTC will go down: but you don't get the money for it going down. You can still go short on BTC: just sell now and buy when it goes down, if you're sure it will. I understand it is a different mechanic. In your example, if BTC went to 10k you'd still have to return that 1 BTC to the person you borrowed it from.