BitShares Forum

Main => General Discussion => Topic started by: bitacer on November 12, 2015, 03:07:19 pm

Title: Is it a good time to take short on BitUSD ?
Post by: bitacer on November 12, 2015, 03:07:19 pm

I am still trying to wrap my mind around going short . When is it good time to borrow and sell bitUSD and when is it not relative to the value of bts ? Can someone help me with this ?

Title: Re: Is it a good time to take short on BitUSD ?
Post by: xeroc on November 12, 2015, 03:15:16 pm

If you expect BTS to rise in price (relative to USD) .. then you could make a profit from shorting now .. and closing your short position later ..
however .. if price goes down ... you may end up being forced to close (unless you put more collateral) at a loss.

Title: Re: Is it a good time to take short on BitUSD ?
Post by: yvv on November 12, 2015, 03:31:43 pm

Quote

Is it a good time to take short on BitUSD

Yes, it is. Try it. You'll be fucked up by margin call, but you'll have a lot of fun.

Title: Re: Is it a good time to take short on BitUSD ?
Post by: bitacer on November 12, 2015, 06:06:26 pm

Thanks

Title: Re: Is it a good time to take short on BitUSD ?
Post by: Ander on November 13, 2015, 12:56:47 am

Whatever you do it will be wrong and you'll lose BTS. 
But it doesnt matter because they arent worth anything anyway.