People think that shorting is an easy way of getting rich when you think a stock will go down, but even if you know it will, getting the timing wrong on it is catastrophic as you'll get unbounded loses while the market fails to correct the issues you are betting against
People think that shorting is an easy way of getting rich when you think a stock will go down, but even if you know it will, getting the timing wrong on it is catastrophic as you'll get unbounded loses while the market fails to correct the issues you are betting against
As the saying goes...the market can remain irrational longer than you can remain solvent.
"I may have been early, but I am not wrong!"
"It's the same thing, Michael! It's the same thing!"
People who talk shit about stocks are talking shit about stocks at a particular time.
"Oh no, when you apply scrutiny to my bullshit I get punished! That means the game is wrong!"
OP is blatantly overconfident on his "prediction", so I called him out. Looks like I struck a nerve with some people.
"Sometime in the next few years" is not anywhere near narrow enough of a window to start putting shorts on stock prices.
OP sounds way too confident about the general direction so Im calling him out to take some action on his "insight"
Buying out of money puts with expiration a few years out on AI adjacent stocks should do the trick
I wouldn't even short Bitcoin, and that's been on the way out since the AI rise.
Shorting bitcoin would be a huge mistake IMO. Willing to be on the opposite of that trade as well!
So you bought at 125k? That would have been a pretty good short
I'm not OP, but; shorting requires careful timing. Because the market can stay irrational longer than I can stay solvent, I don't short.
Somewhat hard to short non public company, don't you think?
Willing to enter a private trade with you if you're actually willing to put up the money
And who determines the price if there is no publicly traded market?