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Ironic that you would call someone an IYI, yet think that going short is the mirror image of going long. Anyone who has been practicing trading/investing in any
by H8crilA 5y ago
Ironic that you would call someone an IYI, yet think that going short is the mirror image of going long. Anyone who has been practicing trading/investing in any form for long enough will tell you that this is very far from the truth (take Buffett as a classic example).
When you go long and you're right you'll eventually win. When you go short and you're right you're actually somewhat likely to lose, still. Best example is all forms of systematic, no-matter-what volatility shorting.
- salawat 5y agoTo short is to bet there is not a bigger idiot, or that the world couldn't possibly be okay with something. I don't necessarily qualify that as idiocy, more naive optimism.
- ashwagary 5y agoNo BTC exposure = open short position 99% of the people on the planet knowingly or unknowingly have an open Bitcoin short position.