Post
Topic
Board Economics
Re: Biggest Crypto Mistake: Shorting Bitcoin
by
Faisal2202
on 11/06/2024, 15:41:46 UTC
Sure, you might snag a few wins, but in the long run, you WILL get rekt.

Bitcoin is an unstoppable train. If you don't believe in its power, don't hop on.

But here's the golden rule: Never bet against Bitcoin.
You are right currently the market is bullish even if sometimes it gives you down trends but they are temporary atleast till 2025 they are temporary. As I think after 2025, the bear run will start and we might see a long downtrend which we all want to avoid. So yeah going against the current of the river is a bad choice wait for the right time and once the current changes go downstream with it. Then you will face lesser problems but you don't want to go where it will take you I hope you are getting my point.

Overall doing future trading in BTC, I don't support it, as I spend good time in doing future trading and did not made any profit, it was so stressful and keep you under pressure which I did not bear so I found spot trading and holding more peaceful way to make money although they require more time and more capital but still worth the efforts.