Shorted
good luck with that short.
You know I find it a bit curious that some posters will assert that they took some BTC position without really providing too many specifics.
Shorted could mean a whole hell-a-va lot depending on the totality of a person's holdings (whether BTC or other holdings), and I recall that in the past, you Tera, have disclosed that from time to time you have been utilizing leveraged trading (or is it called "margin" trading) on Bitfinex. In any event, no matter where or how you employ such shorting, there are a lot of ways to carry out "shorting."
Personally, I do get a sense that we could experience some short-term downward price momentum because of relatively low trade volume in the past several days... like as if we may be being set up for a downward push in prices, but on the other hand there could be a set up for an upward push in BTC prices.
In my current thinking, even as there seems to be a little bit of an upward push to $444, is that in the short term - a 60% chance that we be going down from here and 40% that we be going up from here. In other words, I am approximating the proportions of my betting according to my view of probabilities (not just one or another because it is not that clear to me, at the moment).
Just means I'm in a short term downwards trade and am utilizing leverage in order to keep less coins on the exchange. Not truly short. Also it helps me to visualize exactly how much I'm 'down' right now versus if I didn't trade, so I'm not thinking in terms of how much fiat I have and I'm more likely to cut my losses appropriately.
no ... because, from the last minute, i always thinking that reddit is a serious forum.
