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RE: Borrow HERO and Short it

in #bitshares7 years ago

So I'm not getting this at all yet. Let's say I borrow a Hero at 1000 BTS and sell it. If the value of BTS increases to the point that it only takes 500 BTS to buy the Hero back haven't I lost 500 BTS? What am I missing here? Help me wrap my head around this. Maybe I need more coffee. lol

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Never mind. I figured it out. Definitely takes a few read throughs and just trying it out with a low amount.