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As a bonus you get the considerable chance that they will lose all their bitcoins in a hack/fraud for free. Hmmm... going long bitcoin and shorting this may be
by kryptiskt 12y ago
As a bonus you get the considerable chance that they will lose all their bitcoins in a hack/fraud for free.
Hmmm... going long bitcoin and shorting this may be the trade to do.
- eru 12y agoThat's what the fund's issuers are doing, too.
- MichaelApproved 12y agoBefore thinking this is a free trade, consider that it costs money to short a stock. In order to short the stock, you need to first borrow it from someone so that you could sell it to someone else. When borrowing a stock, you have to pay an interest rate for the shares which were loaned to you. Some stocks are cheap to short while others could have high double digit interest rates. The rate depends on the willingness of people to lend and volatility.