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RE: BITCOIN PROFIT-TAKING SYSTEM #3 <<>> Watching for another Volume Price Spike

in #bitcoin7 years ago

Do you sell or go short? What I mean is let's say you buy 1 btc. Then when you think it is going down, do you sell leaving you 0btc or do you short leaving yourself -1btc and make money both directions?

I you are only exposed to the upside it is no surprize that this method will work in a bull run. But I defo think, in the imperfect market bitcoin is, that you are on to something

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This system is only to exit and repurchase but of course you could sell short and then buy to cover your short . I just have a hard time selling short Bitcoin but that is just me .
Thank you for your support @fiveboringgames