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> I invite you to sell it short The market can stay irrational longer than you can stay solvent. Shorting for any decent stretch of time is not free, and you m
by Nursie 4y ago
> I invite you to sell it short
The market can stay irrational longer than you can stay solvent. Shorting for any decent stretch of time is not free, and you more or less have to do it on one of the many rigged casinos operating in the crypto space. It's a fool's game.
- jimmydorry 4y agoBanks and large investment firms are more than happy to create exotic instruments. With enough money at stake, you can definitely find an institution willing to take the other side of a bet against crypto (specifically BTC or ETH). If you want proof, refer to what happened in the lead-up to the 2008 Sub-Prime Mortgage crisis (or check out the movie The Big Short if you want somewhere to begin).
- MrMan 4y agothere are BTC futures on CME, but the margin requirements are high because CME knows BTC is garbage.