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Topic: For those who think that they caught the moment when it's late to buy - page 4. (Read 411 times)

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Yeah, this thread is for these kind of people. If it's too late to buy, then why don't you never think about opening a short position on futures trading? I really just don't get it.
Imagine, if you open short position on futures trading right now, it means that you can get 50% profit it price falls on 30K USD and in this case, the money that puts you into risk of liquidation is 120 000 USD, i.e. if bitcoin reachs 120K, you'll get liquidated but if you think that bitcoin won't go further and it's late to buy, then you can get decent profit on your capital.
The reason why I opened thread about this is that people often think that they can only buy something and don't realize that they can do borrow sell too and get profit even when price falls.
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