Not in a bull market. I know a guy who lost 300k shorting bitcoin and recently interacted someone who bought puts and lost 5 mill. These sorts of stories also happened in the late 90s.https://twitter.com/bfgcpw/status/1388976690651537408 …
People who short bitcoin deserve to lose. In fact shorting anything is pretty pointless. Why bet on failure?
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yeah i never short stuff, ill sell if i think itll go down, but shorting is a whole other ball game and more complex
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Mathematically it's pointless. I've never seen the appeal. Shorting is for insider scumbags IMO. Go long or go home lmao
End of conversation
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