Topic: how do you short bitcoin? (Read 277 times)
must margin trading play a role in shorting and leverage?
If you feel that bitcoin is going to decrease at a faster rate than the amount of interest typically charged on a bitcoin loan you could borrow bitcoins (from this forum or elsewhere) and offer USDT as collateral, when you receive the bitcoins you could potentially sell them to buy USDT, after a month you can use that USDT to rebuy the bitcoin and give it back to the lender. If bitcoin decreases more than the interest amount you profit. USDT should be considered a very stable collateral so you may be able to get a lower interest amount. If you are expecting a dramatic downward shift in price your profits would likely easily offset the interest cost.
Thank you, my own personal belief is the only way to short bitcoin is by not buying it
Here is a link to a thread about shorting cryptocurrencies:
https://bitcointalksearch.org/topic/how-do-you-short-cryptocurrencies-1931802
Here a tutorial on KRAKEN:
https://www.youtube.com/watch?v=BeKbltL3kCw
I am interested in shorting as well!
https://bitcointalksearch.org/topic/how-do-you-short-cryptocurrencies-1931802
Here a tutorial on KRAKEN:
https://www.youtube.com/watch?v=BeKbltL3kCw
I am interested in shorting as well!
please share strategies & formulas
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