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13965491 No.13965491 [Reply] [Original]

anyone else short shitcoins to hedge against btc? I have my long term bags, but whatever shitcoin of the week has irrationally pumped and is capped on btc value I put a short equal to my btc long.

btc pumps, at some point the shitcoin is capped and can't go higher, profit.

btc dumps, the shitcoin dumps twice as hard, profit. Made a bunch of money shorting EOS, even more if I was swing trading it but I didn't expect it to be a zombie coin keep coming back to life. But, still has a loonnng way to go on dropping. If btc dumps, it's freefalling with no survivors.

>> No.13965786

I have just avoided all of and just horde what I have, any chance you can point me in the direction so I can learn about this? All I see is meme bullshit and you actually wrote something refreshing.