Re:Three Delusions: Paper Wealth, a Booming Economy, and Bit...
by chickenfries on Friday December 22, 2017 @11:24AM
(#15988583)
> Ok, so if you think the hell thing is going to hell, just go SHORT, it's one click away. How simple is that?
Uh, how? Also, the hard part about making money on a short is knowing WHEN the price is going to crash. You can call an obvious speculative bubble what it is without knowing exactly when it's going to pop.
> if it's SO EASY to make a ton of cash off a crashing market, then EVERYONE will go short, since it's so EASY to make money
If the market is already crashing, why would someone sell you the stock to short sell? Don't you have to short before the price starts to drop?
> And that's why markets are generally stable and it's what humans do best, we go LONG. :-)
What?
And that's why these predictions never pan out, if it's SO EASY to make a ton of cash off a crashing market, then EVERYONE will go short, since it's so EASY to make money.
And that's why markets are generally stable and it's what humans do best, we go LONG. :-)