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What's a good way to short bitcoin?
by jaibot 14y ago
What's a good way to short bitcoin?
- SlipperySlope 14y agohttps://bitfinex.com https://bitfinex.com allows short sales on bitcoin.
- TranceMan 14y agoIf you really want to - Borrow $x bit coins - sell $x bit coins - wait for price to drop - buy back $x bit coins - return $x bit coins to lender. Now the speculators are in........
- drivebyacct2 14y agoGood luck. I hope it goes better for you than the people planning to do it 3 weeks ago. Or 3 months ago. Or a year ago.
- jaibot 14y agoSell high, buy low.
- polarix 14y agoThat strategy works unless this is the lowest it will ever be.
- drivebyacct2 14y agoRight. Like it was higher 3 weeks ago. Or 3 months ago, or a year ago?
- 1SaltwaterC 14y agoThinking the same thing. It'll be interesting to see somebody going out sorosing the BTC "economy".
- phyalow 14y agompex.co
- pixelcort 14y agoThere are derivative markets where you could purchase an option to sell bitcoin at a set price in the future. If the price falls below your target by then, buy up cheaper Bitcoins and sell them at profit.
- phyalow 14y agotake some forwards @ mpex.co