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Replying to Avatar Rajat Soni, CFA

Shorting #bitcoin    might be one of the stupidest decisions any investor can make

It doesn't matter where you think the market is going long-term

It doesn't matter if you think that bitcoin is going to 0

One big buy or day trade can completely wipe you out

There are hedge funds that are shorting Microstraegy

I wouldn't be surprised if these funds are wiped out within the next 12-18 months

Bitcoin's upside is unlimited

Microstrategy is a LEVERAGED bet on Bitcoin (MSTR borrowed US dollars to buy Bitcoin)

TG: @Rajatsonitrade

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343PG 1y ago

Here’s one reason why you might (short perpetual futures, at least)

https://www.axiombtc.capital/orange

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