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Crypto shorts
by paulusthe 4y ago
Crypto shorts
- gruez 4y agoIronically keeping a short position to benefit from this collapse is pretty risky. Shorting requires leverage by necessity, which means you'll have to turn to an exchange like FTX, which has the possibility of collapsing. Decentralized lending protocols aren't much better, as collapses a few months ago has shown.
- super256 4y agoCME offers micro futures at globex: METX2 and MBTX2. You can short those with your typical margin rates; my broker gives me the same leverage as legally defined by my gov.
- pcthrowaway 4y agoYou can short by borrowing and selling as well. Even on-chain, though you're then susceptible to defi hacks that would affect your collateral
- gruez 4y ago>You can short by borrowing that's leverage.
- JamesianP 4y agoOr just to people losing money who would have lost more had Alameda not bought from them on the way down.