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Whenever someone says they're sure of a crash, I assume their true feeling is isn't confidence of a crash but frustration at having missed out. Have you shorted
by averagewall 9y ago
Whenever someone says they're sure of a crash, I assume their true feeling is isn't confidence of a crash but frustration at having missed out. Have you shorted Bitcoin? That would help you to profit from your belief.
- benmorris 9y agoSure I could short Bitcoin, but it cost me nothing to speculate about a crash. I also make the assumption when I see the FOMO argument that the person has a stake in Bitcoin/Crypto Currency. Perhaps both of our assumptions are wrong? Once the bubble burst then no one argues that they were in a bubble.
- llamataboot 9y agosomething something about markets being able to stay irrational longer than an investor can stay solvent