How would you make money off a BITCOIN crash?

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  • mce
    Confirmed User
    • Jun 2012
    • 3915

    #1

    How would you make money off a BITCOIN crash?

    Let's say the improbable happened and BTC dipped from 100,000 USD to maybe $50K USD, how would you make money off the crash?

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  • Colmike9
    (>^_^)b
    • Dec 2011
    • 7230

    #2
    Buy low, sell high?
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    • TheDynasty
      See Signature
      • Apr 2016
      • 5882

      #3
      If your smart you know when enough is enough and when to cash out what you put in.
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      • Bladewire
        StraightBro
        • Aug 2003
        • 56228

        #4







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        • Mr Pheer
          So Fucking Banned
          • Dec 2002
          • 22083

          #5
          You buy when it crashes. That's easy. Whatever you had before the crash, you hold. Don't get emotional about it.

          If you're not investing scared money, not getting emotional is easy. But if you invested your rent money, well good luck to you... May not need it when the heart attack happens anyway.

          Comment

          • GFED
            Confirmed User
            • May 2002
            • 8121

            #6
            Originally posted by mce
            Let's say the improbable happened and BTC dipped from 100,000 USD to maybe $50K USD, how would you make money off the crash?
            Right now you can short the futures on any peaks or changes of trend you see where the price may drop in order to hedge your position. Starting on the 18th when options trading starts you will be able to sell calls or buy puts against your position.
            https://www.flow.page/savethechildren

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            • CurrentlySober
              Too lazy to wipe my ass
              • Aug 2002
              • 38956

              #7
              You could always sell a DIY suicide kit? Pre-tied noose, poison pills, paper and pen to write a note etc?


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              • pimpmaster9000
                Too lazy to set a custom title
                • Dec 2011
                • 26732

                #8
                It depends a lot on the type of crash...
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                • GFED
                  Confirmed User
                  • May 2002
                  • 8121

                  #9
                  Originally posted by crucifissio
                  It depends a lot on the type of crash...
                  If it's ever declared a currency...
                  https://www.flow.page/savethechildren

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                  • srockhard
                    Retired
                    • Jul 2011
                    • 1976

                    #10
                    So you're saying next year when it hits $100k if it goes to $50k that is a crash? I don't think it is really a crash. You can watch it live going up and down $2000-$3000 per day right now and it is only around $16k. It still so early for BTC I would say when it is $1m and goes down to $100.00 then that would be crash. Only option then is suicide.
                    Piper Pines

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                    • GFED
                      Confirmed User
                      • May 2002
                      • 8121

                      #11
                      Originally posted by srockhard
                      So you're saying next year when it hits $100k if it goes to $50k that is a crash? I don't think it is really a crash. You can watch it live going up and down $2000-$3000 per day right now and it is only around $16k. It still so early for BTC I would say when it is $1m and goes down to $100.00 then that would be crash. Only option then is suicide.
                      A 50% pullback, correction, or whatever you want to call it within a day or several would be considered a crash to most people.
                      https://www.flow.page/savethechildren

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                      • bns666
                        Confirmed Fetishist
                        • Mar 2005
                        • 11555

                        #12
                        Originally posted by CurrentlySober
                        You could always sell a DIY suicide kit? Pre-tied noose, poison pills, paper and pen to write a note etc?
                        now that is an idea
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                        • nikki99
                          Supermodel
                          • Nov 2004
                          • 23087

                          #13
                          3 days going down
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                          • Mr Pheer
                            So Fucking Banned
                            • Dec 2002
                            • 22083

                            #14
                            Originally posted by nikki99
                            3 days going down
                            Sounds like you've been to Bankok.

                            Comment

                            • nikki99
                              Supermodel
                              • Nov 2004
                              • 23087

                              #15
                              Originally posted by Mr Pheer
                              Sounds like you've been to Bankok.
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                              • dillfly2000
                                hey
                                • Mar 2012
                                • 2209

                                #16
                                start a gofundme and write something sad.
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                                • Neighbor
                                  Confirmed User
                                  • Nov 2005
                                  • 1511

                                  #17
                                  Originally posted by GFED
                                  Right now you can short the futures on any peaks or changes of trend you see where the price may drop in order to hedge your position. Starting on the 18th when options trading starts you will be able to sell calls or buy puts against your position.
                                  This. Exactly.

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