Is it a good time to take short on BitUSD ?

Started by bitacer, November 12, 2015, 03:07:19 PM

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Ander

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

QuoteIs 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.

xeroc

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.

bitacer

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 ?