The original point of investing was to put money into some company or idea or initiative you believed in so that it could grow, supporting the economy, creating jobs, creating more value. Everybody wins. And since you risked your cash to try and make it better, you deserved some return on that risk when the *thing* you invested in grew.
Shorting hurts the economy. It says “*I bet this will lose value*” but doing so *pushes its value down*. Shorting puts downward pressure on prices. And instead of adding value that helps everyone, it siphons value away from everyone into just the few who gambled it would lose.
I love to see short traders lose money. Long traders all help everyone who long trades or just hodls. Short traders only help themselves *and* hurt long traders. F*** ’em.
TheBestintheWest11 on
that’s not the dip….. that’s the tank….
Crazy__Donkey on
How do you even short sell btc?
Dubb18 on
There are 2 major situations that could unfold this week: US govt shutdown and US attacking Iran. Both are likely to happen (Friday for the former and at some point for the latter) with no telling how long they will last. Both can rattle the markets. Good luck with any leveraged positions.
Mulvita43 on
I bought thinking I bought low. I was wrong
Sufficient_Fuel5269 on
The market is red-hot…🔥
Draupnir_1 on
Can somebody explain why is this happening? I mean nothing happened today
GeologistOutrageous6 on
People still haven’t learned that leverage is a fools game long term.
11 Comments
Wow
What site is this fren?
What site?
**Hot take**: Shorting should be illegal.
The original point of investing was to put money into some company or idea or initiative you believed in so that it could grow, supporting the economy, creating jobs, creating more value. Everybody wins. And since you risked your cash to try and make it better, you deserved some return on that risk when the *thing* you invested in grew.
Shorting hurts the economy. It says “*I bet this will lose value*” but doing so *pushes its value down*. Shorting puts downward pressure on prices. And instead of adding value that helps everyone, it siphons value away from everyone into just the few who gambled it would lose.
I love to see short traders lose money. Long traders all help everyone who long trades or just hodls. Short traders only help themselves *and* hurt long traders. F*** ’em.
that’s not the dip….. that’s the tank….
How do you even short sell btc?
There are 2 major situations that could unfold this week: US govt shutdown and US attacking Iran. Both are likely to happen (Friday for the former and at some point for the latter) with no telling how long they will last. Both can rattle the markets. Good luck with any leveraged positions.
I bought thinking I bought low. I was wrong
The market is red-hot…🔥
Can somebody explain why is this happening? I mean nothing happened today
People still haven’t learned that leverage is a fools game long term.