Author

Topic: Shorting Litecoin long term? (Read 699 times)

legendary
Activity: 1344
Merit: 1000
July 01, 2015, 09:21:07 AM
#7
Unless you can find someone lending you Litecoin to short at low interest rates, otherwise you will bleed a lot if Litecoin does not go down much.
hero member
Activity: 672
Merit: 500
July 01, 2015, 06:59:39 AM
#6
why shorting ? you could by other coins instead, has the same effect for you, to earn money.

If you want do drive the litecoin price down, you need a lot of cash.
If you make money in the end is another story.
legendary
Activity: 1722
Merit: 1004
July 01, 2015, 12:24:55 AM
#5
I want to short Litecoin but over a long time period, e.g. 6 months or more. The longest short I've seen is 1 week at 796.com. Any place that offers longer term ones?


The problem is counterparty risk. I'd love to short LTC as well, over the course of years preferably, but to my knowledge there's no way to do it without having to trust a dodgy exchange/individual.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
July 01, 2015, 12:13:14 AM
#4
I want to short Litecoin but over a long time period, e.g. 6 months or more. The longest short I've seen is 1 week at 796.com. Any place that offers longer term ones?

Great idea!  I hope you do it asap.  Good luck!  Grin
sr. member
Activity: 252
Merit: 250
Look My eyes
June 30, 2015, 11:32:06 PM
#3
I want to short Litecoin but over a long time period, e.g. 6 months or more. The longest short I've seen is 1 week at 796.com. Any place that offers longer term ones?

That a bad idea to buy Litecoin and hold in 6months
Best time for buy altcoin is after hard dump, you can look ARCHcoin buy at 6000sat and litecoin in 600ksatosi that very low

Don;t buy altcoin in high line or you lose your money
hero member
Activity: 770
Merit: 500
June 30, 2015, 09:24:42 PM
#2
yes short litecoin with a halving in 50 days , great way to lose money.
newbie
Activity: 4
Merit: 0
June 30, 2015, 09:04:12 PM
#1
I want to short Litecoin but over a long time period, e.g. 6 months or more. The longest short I've seen is 1 week at 796.com. Any place that offers longer term ones?
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