Now that Poloniex has margin trading, is anybody taking the opportunity to short any altcoins?
Personally, I'm shorting Monero. Of all the coins available to short, it seems to be the most consistant when it comes to losing value.
Personally, I'm shorting Monero. Of all the coins available to short, it seems to be the most consistant when it comes to losing value.
Oh, so someone finally did this. Amazing.
Try maintaining a Long Basket and a Short Basket while capturing the spread...
That's how NYSE pros make money... not by "picking stocks" which is hokum for the rubes.
Doing that with puts and calls can be very lucrative.
Actually, options have wide spreads...
And are designed so that the only people that make money are Market Makers.
This is really hard for people to understand this...
In fact, Interactive Brokers will not allow you to place an order on both sides of market.
Also, selling options is the only way to make money...
Options are designed for Market Makers to sell to unsophisticated traders and $$$...
For the last 30 years selling options has been a massive win except for the One Big Hit in 2008-9 Financial Crisis.
So it's OK to sell calls or puts to augment a Portfolio as long as you use Limit Orders.
In terms of the OP, I can't wait for Wall Street to roll out crypto/blockchain securities...
COIN and it's derivatives will make most BTC exchanges obsolete...
I'm already trading junior startups every day and ramping up for the coming deluge.
Only bona fide ANON crypto will survive the Wall Street takeover.
Bona fide ANON crypto eh?
VERGE (XVG)
https://bitcointalksearch.org/topic/xvg-verge-powmultialgotori2pno-premineico-1365894
