Post
Topic
Board Trading Discussion
Re: How to make money with bitcoin price dropping?
by
deandree
on 27/12/2018, 20:29:17 UTC
I heard in stocks, this is called shorting.  But i read if you short, you could lose a huge amount of money.  Could you do this with bitcoin?  Example my thoughts were hey its the holidays, so most likely ppl will withdraw money and thus btc drops.  So i figure around now, btc price would drop.



my opinion is-those who bought bitcoins at a crazy price and could not sell on time it is only worth waiting because now there is no sense to sell. the price is very low for this. need patience and I think the price will go up

Yeah, people also thought it's not worth selling/too low when it dropped to 12k 10k 8k and 5k.