Lovely_sombrero [he/him]@hexbear.net to the_dunk_tank@hexbear.netEnglish · 5 months agoThis is just sadhexbear.netimagemessage-square60fedilinkarrow-up1197arrow-down10
arrow-up1197arrow-down1imageThis is just sadhexbear.netLovely_sombrero [he/him]@hexbear.net to the_dunk_tank@hexbear.netEnglish · 5 months agomessage-square60fedilink
minus-squareAndrzejlinkfedilinkEnglisharrow-up14·5 months agoThe problem with shorting is that it’s an expensive position to maintain, so you have to get the timing bang on or you can lose potentially infinite money
minus-squareAcute_Engles [he/him, any]@hexbear.netlinkfedilinkEnglisharrow-up3·5 months agoI see I see. I have a very finite amount of money, unfortunately
minus-squarefox [comrade/them]@hexbear.netlinkfedilinkEnglisharrow-up2·5 months agoYeah if you short Tesla at $10 and they go bankrupt, you made $10. If they do a hype bubble and go to $100 you need to pay $100 back
minus-squareAndrzejlinkfedilinkEnglisharrow-up2·5 months agoSpeculation is a game for the rich, I’m afraid
The problem with shorting is that it’s an expensive position to maintain, so you have to get the timing bang on or you can lose potentially infinite money
I see I see. I have a very finite amount of money, unfortunately
Yeah if you short Tesla at $10 and they go bankrupt, you made $10. If they do a hype bubble and go to $100 you need to pay $100 back
Speculation is a game for the rich, I’m afraid