i shorteded bitcoin. good or bad idea ?
>>61840533bood, hahahahaahahahahano but seriously, it's going to go up or down.. or sideways, that's for sure.
>>61840533good
>>61840533As a fellow bobo, I gotta say that even though we are going down from this point all the way to at least 30k, there is a large amount of liquidity on the 72k level. Be careful.
>>61840768Yes i fear the scam wick too. Choppy waters out here
>>61840533Honestly even shorting fucking link can be tricky right now because of the inherent volatility. If it can’t dump, it crabs. If it can’t crab, and can’t dump, it pumps. BTC is like the worst to short because even 1x leverage risks liquidations and stop loss triggers. It can move 3-5% in a matter of hours. If you really wanna play fucked up games like that be my guest, it’s already difficult enough to find the top or the bottom as it is on these fucking coins because of guaranteed manipulation, chicanery and bullshit.
>>61840768If all the money is made by shorting then it would seem there is more market incentive to drive it down than there is for bulls to push it up. Bobos are simply superior by nature.
>>61840784>1x leverage >liquidationYou mean tethering up?
>>61841088Shorts can always get liquidated regardless of leverage. Lately shorts have been paying longs which means MMs are taking the long side. Also perp positions don't directly influence spot prices.> tethering upUSD is losing value so if you're sidelined in USD stables (US debt), you're likely getting fucked as well for the next 2 years or so. I wouldn't be comfy holding USD if I were you.
>>61840533>I am pessimistic about a shitcoinThis is good idea.>I am gambling This is bad idea.
>>61840533Terrible idea.
