Can I hold a short position for months or years ? - page 2.

stellar1

member

Activity: 70

Merit: 10

Quote from: coinpeep on January 20, 2015, 10:53:03 PM

The best way to do this would be to use a futures platform like icbit/orderbook or bitmex.
Sell the longest dated future they have.

Thanks BITMEX is the only exchange I could find. If any more please let me know.

@tmfp Thanks for your advice....great for holders of BTC.

tmfp

legendary

Activity: 1932

Merit: 1737

"Common rogue from Russia with a bare ass."

Just use a derivative to sell short.
Also, if you want to hold coins for actual practical use, i.e. spending, but not be vulnerable to losing against their $ value, then you can use derivatives that way too, "hedging".

Cicero69

newbie

Activity: 33

Merit: 0

I think that this is not a good idea. You can't enough profit on it, but you can lose all your money.

KizerWilhelm

newbie

Activity: 45

Merit: 0

Quote from: seen369 on January 23, 2015, 03:43:41 PM

Quote from: stellar1 on January 18, 2015, 05:45:07 AM

Quote from: Agestorzrxx on January 18, 2015, 04:39:42 AM

Quote from: stellar1 on January 17, 2015, 01:42:09 AM

Can I hold a short position in BTC vs any other for months or years ? Please restrict to top five exchanges only as liquidity alone defines an exchange.

Thank you

Just hold for years.
You will have a suprise Grin

Holding for the last few years has been extremely profitable (to who ever has been holding them)...next few years too early to guess...but smart traders may know when to begin fresh positions.

Thanks

So maybe you will be a smart trader and tell to us, when they begin? Wink

Yeah, and also tell us, which exchanges, are not to be closed in next 5 years Grin

seen369

newbie

Activity: 40

Merit: 0

Quote from: stellar1 on January 18, 2015, 05:45:07 AM

Quote from: Agestorzrxx on January 18, 2015, 04:39:42 AM

Quote from: stellar1 on January 17, 2015, 01:42:09 AM

Can I hold a short position in BTC vs any other for months or years ? Please restrict to top five exchanges only as liquidity alone defines an exchange.

Thank you

Just hold for years.
You will have a suprise Grin

Holding for the last few years has been extremely profitable (to who ever has been holding them)...next few years too early to guess...but smart traders may know when to begin fresh positions.

Thanks

So maybe you will be a smart trader and tell to us, when they begin? Wink

Johnbbb

newbie

Activity: 2

Merit: 0

Yes, off course you could do that but its quite risky especially if you are unaware of bitcoin rapidly changing value!

findftp

legendary

Activity: 1022

Merit: 1008

Delusional crypto obsessionist

Quote from: stellar1 on January 17, 2015, 01:42:09 AM

Can I hold a short position in BTC vs any other for months or years ? Please restrict to top five exchanges only as liquidity alone defines an exchange.

Thank you

You could passively short bitcoin by just not buy them or sell everything for cash and wait.

coinpeep

newbie

Activity: 1

Merit: 0

The best way to do this would be to use a futures platform like icbit/orderbook or bitmex.
Sell the longest dated future they have.

stellar1

member

Activity: 70

Merit: 10

Quote from: Agestorzrxx on January 18, 2015, 04:39:42 AM

Quote from: stellar1 on January 17, 2015, 01:42:09 AM

Can I hold a short position in BTC vs any other for months or years ? Please restrict to top five exchanges only as liquidity alone defines an exchange.

Thank you

Just hold for years.
You will have a suprise Grin

Holding for the last few years has been extremely profitable (to who ever has been holding them)...next few years too early to guess...but smart traders may know when to begin fresh positions.

Thanks

seen369

newbie

Activity: 40

Merit: 0

Quote from: Agestorzrxx on January 18, 2015, 04:39:42 AM

Quote from: stellar1 on January 17, 2015, 01:42:09 AM

Can I hold a short position in BTC vs any other for months or years ? Please restrict to top five exchanges only as liquidity alone defines an exchange.

Thank you

Just hold for years.
You will have a suprise Grin

Why you smile? Maybe the price will increase up to the sky....And he got a lot of money.

Agestorzrxx

sr. member

Activity: 462

Merit: 250

Quote from: stellar1 on January 17, 2015, 01:42:09 AM

Can I hold a short position in BTC vs any other for months or years ? Please restrict to top five exchanges only as liquidity alone defines an exchange.

Thank you

Just hold for years.
You will have a suprise Grin

98problems

sr. member

Activity: 364

Merit: 250

Quote from: stellar1 on January 17, 2015, 01:42:09 AM

Can I hold a short position in BTC vs any other for months or years ? Please restrict to top five exchanges only as liquidity alone defines an exchange.

Thank you

Yes you can however it would most likely not be economical to do so. When you are short bitcoin you are effectively borrowing it in order to sell it on an exchange. You would then repay the loan when you cover your position.

If you were to hold the position for years (or months) then you would need to pay interest on that borrowed bitcoin the entire time. The only way this would be economical for you is if the price were to steadily and evenly decline over the period that you held the position

seabass1985

member

Activity: 70

Merit: 10

Think For Yourself Question Authority

No one know the for sure future in anything having to do with these kinds of markets. All I can tell you is that it has seemed to me that there is always a drop in the winter months and then in spring going into summer it picks back up again but who's to say how much. Good Luck God Bless.

stellar1

member

Activity: 70

Merit: 10

Can I hold a short position in BTC vs any other for months or years ? Please restrict to top five exchanges only as liquidity alone defines an exchange.

Thank you

Topic: Can I hold a short position for months or years ? - page 2. (Read 3533 times)