CantorTechnologies

What can we learn from the bitcoin shorts?

BITFINEX:BTCUSDSHORTS   BTCUSD Shorts
What's up guys, YoungShkreli here

I've written about my short position on bitcoin and if you haven't been following my posts, go ahead and do that.

If you'll all notice, for some reason, people just don't seem to be shorting bitcoin. This tells me one of two things: IF we are to go down more, there will be more volume (eventually shorts will come) on the bitcoin charts and since most people are not shorting at the moment, by being short, you are safer than if everyone was short because then you can't be short squeezed.

This gives me confidence that I could be onto the right track and if you aren't short, maybe you should have a look at my arguments and see if they make sense to you. We can all learn from each other.

That's really all I have to say about this, I will post about the longs right after this.

Good luck everyone,

-YoungShkreli


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