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I think Warren Buffet put it best, when he said that (paraphrasing) he would never short Bitcoin, but he would happily buy a whole stack of put options. With t
by bunderbunder 9y ago
I think Warren Buffet put it best, when he said that (paraphrasing) he would never short Bitcoin, but he would happily buy a whole stack of put options.
With the rate at which Bitcoin was going up, shorting it would be practically begging your broker to shower you with margin calls. That is assuming you'd be able to get a broker willing to help you take on that risk in the first place.