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/biz/ - Business & Finance

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4865617 No.4865617 [Reply] [Original]

Brainlet here.

If BTC crashes lets say 60-70% and the market goes full bear for months. How can you make money from it?

>> No.4865640

>>4865617
alts

>> No.4865702

>>4865640
>>he unironically thinks that alts wont go straight to zero together with BTC
>>He believes that 2014 will happen again but forgets that most of those alts are already 1000x their real evaluation if not infinite times

Keep believing bro. Where would i dump if it wasnt for retards like you?

>> No.4865732
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4865732

derivatives allow you to short bitcoin with up to 100x leverage although you should keep in mind that you will be liquidated if it goes against your position a set %. for 100x it's 0.5%, which is suicidal if you don't have stacks to back it up. martingale in a good strong short with 50 bucks or so with a bunch of collateral as things continue to rise.
https://www.bitmex.com/register/YgC8kJ
you could still get fucked in the end but it has worked out for some people during times like these, like the people that were able to grab the huge futures spike before it dipped to 5400.
you can make gains off of price movements in either direction, but shorting has the potential for UNLIMITED LOSSES, so be careful.