Quote from: headingnorth on July 11, 2025, 07:10:35 AM

Why are so many still trying to short it when inflows are still very high from the ETFs, independent companies, pension funds,
and even entire states like Texas continue to buy in record amounts?

Because they were trying to catch the peak and sell it.

Not a bad idea in theory, but it usually never works in practice because they keep missing the actual peak.

Quote from: Agbamoni on Today at 05:36:53 AM

No. The recent price movement on Bitcoin taught most people a lesson. The market was so volatile that it creates new ATH in less than an hour. We saw new ATH quicker in an interval of two days so any trader who entered the market in the opposite direction has to wait for a while before the going regaining back the value or make profit. It may take longer for Bitcoin to go below $107k so it may happen as the price is in $117k now.

When was the last time we saw something like this? 2021? I don't think we have ever experienced sustained consecutive ATHs since then.

Quote from: headingnorth on Today at 04:12:38 AM

So you went through all that hassle and stress just to break even. What a big waste of time.
Leverage can be deceptively attractive making people think they can 5x, 10x, even 50x their money in a short time.
What they may not realize is the exchange itself and other whales are actively placing bets against you.
Their goal is to liquidate you, and they usually succeed. Where do people think the money is coming
from to pay off a 50x, 100x winning short or long bet? It is highly manipulated. Money doesn't come that easy.

They simply borrow money from the exchanges to make those trades, but the trouble is, the market movement is basically random enough that 20%, 10%, 5% price changes in the wrong direction can completely wipe out your position because that's basically the "risk" for the exchange to place such positions on you.

Exchanges are simply giant order books anyway so if there was an exchange that was secretly holding open positions, that would be a scandal since they would basically be trading with itself and creating a fake trading volume.