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Market bubble is essentially a gambling event gone wrong. Shorting stock is widely recognized by people smarter than me, as high risk gambling, due multiple fac
by Yizahi 1y ago
Market bubble is essentially a gambling event gone wrong. Shorting stock is widely recognized by people smarter than me, as high risk gambling, due multiple factors. So now please tell me, why would people concerned about gambling gone wrong, voluntarily engage in a reverse gambling themselves? Let imagine football and a spectator who is moderately in the know about this sport. He sees that multiple people are gambling large sums on the team he deems would likely lose. Why would such a person go and bet unreasonable sums on the opposite team, even if it's a likely win? It's still gambling and still not a reasonably defined event.
tl;dr - it is really tiring, reading these "clever" quips about "why won't you short then?", mainly because they are neither clever nor in any way new. We have heard that for a decade about "why won't you short BTC them?". You are not original.
- deleted 1y ago[deleted]