Quote from: SwayStar123 on Today at 02:22:30 AM

Quote from: nullius on September 10, 2020, 07:43:19 PM

(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. [...])

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

Well, this is interesting: What, exactly, is the difference between selling BTC that you own, and selling BTC that you borrowed on marginother than the latter costing interest money (and having unbounded potential lossbut I note you said you set a stop-limit on the upside)?

I dont see how that would protect you from an unexpected pump in the market, any differently than a stop-limit buy order on the upside.

(Of course, counting in Bitcoin and not dollars is good. Who the hell wants Fed toilet paper?)