7 ms·

If you hold eth, you are long eth.

• deleted 4y ago
  [deleted]
• lottin 4y ago
  Not really, you can be long in one market, and short in the derivatives market, and your net position be short. You'd be holding eth, but you'd be short.
  • mastazi 4y ago
    not really, in that case you have two separate positions, one long and one short.
    • lottin 4y ago
      If you make money when the price goes down then your overall position is short. The point is that it can be profitable to crash the price even though you're holding the asset at the same time.
      • mastazi 4y ago
        > it can be profitable to crash the price even though you're holding the asset at the same time. in that case, the less you hold the more profitable it is. I'm not sure I get your point...
        • lottin 4y ago
          The point is that your assumption > If you own a large amount of a currency, you want to ensure that the currency in question is trusted, or otherwise that currency would end up losing its value. is fundamentally flawed. You can own a large amount of a currency and profit from it losing its value.
          • mastazi 4y ago
            OK, now I see what you mean, yes I agree with you then. But I think you are trying to generalise my comment - it wasn't an absolute statement, I was just trying to tell parent that in my opinion they misunderstood the grandparent's point.