(EditI also realize what ought to be obvious: Anyone shorting Bitcoin is not holding any. Because being long and short in the same asset would be insane. If youre long and you expect a drop, you sell: You dont borrow more of the asset to sell it. (Edit again: Though if one were to start applying proudhon maths consistently, maybe going simultaneously long and short in the same asset would be a hedge.))
Not true at all, i hold btc and short it at the same time, but when im trading im only expecting to lose 1% per trade, but since im counting in bitcoin and not in dollars, if i sell and market pumps i lose a lot of %s in btc, so in order to increase my btc holdings i try to make use of small movements to make profits