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by random_comment 3235 days ago
Hello, I don't trade crypto and I never will.

I'll give you one tip.

Look at a graph of bitcoin, litecoin etc. that extends past the last bubble and collapse and ask yourself if you are willing to eat those kinds of losses if they occur again.

https://99bitcoins.com/wp-content/uploads/2014/02/bitcoin-ma...

2 comments

Looks like your link is broken due to some hotlink prevention stuff. :(
That's a shame. Good news is that any graph of bitcoin's historical price over the last 6 years will serve just as well :)
Yes, if the purpose is to make money as opposed to learning or for fun, I agree it's better to ride the trend. :)
> I agree it's better to ride the trend. :)

I think you haven't looked at a 6 year graph if you think the 'trend' is only ever going up. The point of my post was to highlight the risk of (another) crash.

Can you short sell bitcoin?
Yes. I haven't done it myself but it's possible on several exchanges.