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/biz/ - Business & Finance

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7391774 No.7391774 [Reply] [Original]

Can I short-sell Bitcoin?

>> No.7392067

No. How should that work?

>> No.7392112

>>7391774
yes, you can keep your fiat in your bank account. Good luck

>> No.7392151

>>7391774
on x100 leverage please with proofs please

>> No.7392197

>>7392067
Short selling is like I borrow one bitcoin and sell it at $7500. I am now in credit one bitcoin. The price goes down to $6000. I buy the bitcoin I owe at $6000 and return it, profiting $1500. You normally do this with shares of stock.

>> No.7392233

>>7391774
Short it on bitmex, we're going back down in a few hours

>> No.7392550
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7392550

https://www.bitmex.com/register/eY1A09 - Reduced fees :^)

>> No.7392988

>>7392197
Yes, look up Bitmex.

>> No.7393060

>>7392197
what happens when you fail?

>> No.7393092

>>7393060
you lose money, duh

>> No.7393118

>>7392197
You have to pay interest too right?

>> No.7393129

>>7393092
so you can't short if you dont have funds available?

>> No.7393220

>>7393129
You get a bitcoin and you return a bitcoin.
There is no funds that are given to the lender, you simply return the coin before a given date.

>> No.7393226

you must have funds to cover losses. if you dont have enough, position is closed and you lose everything.