EOS / BitcoinShort
EOS/BTC
The trend on EOS has reversed. Good time to close long and open short.
I avoid shorting projects that I believe in, like Litecoin or Monero, but EOS, I'll gladly short.
Many of you will probably think "morality doesn't matter in profit", but business can be ethical and profitable.
The Bitcoin you'd use to short a project that has actual value, can be held back to short a project that does not.
And for the most part, the bad projects fall a LOT more than the good ones.
I'd argue the best position is to have both a fundamental understanding of what you are trading and technical understanding - how markets and price work.
I avoid shorting projects that I believe in, like Litecoin or Monero, but EOS, I'll gladly short.
Many of you will probably think "morality doesn't matter in profit", but business can be ethical and profitable.
The Bitcoin you'd use to short a project that has actual value, can be held back to short a project that does not.
And for the most part, the bad projects fall a LOT more than the good ones.
I'd argue the best position is to have both a fundamental understanding of what you are trading and technical understanding - how markets and price work.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.