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Today, some friends are shorting Bitcoin!
They even specifically came to call me out, saying they want to take the opposite side of my trade.
I said: A gambler can't be saved.
He said: Poor people can only gamble, while the rich call it investing.
I said: You can't accept slowly getting richer, but you can accept quickly going to zero.
Aside from this friend, who has been arbitraging with me all along, the returns are quite stable.
Purely from the logic of "getting rich quickly by shorting": in the crypto world, no matter what you short, it's better than shorting BTC.
1/ Other coins can be shorted all the way to zero, but BTC basically can't;
2/ Other coins come with leverage, making it easier to get rich quickly (or go to zero);
3/ No project team will do evil;
4/ No contract vulnerabilities;
5/ No theft;
6/ ...