Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I was short on Tether for years. Had to give up my position because “Markets can stay irrational longer than you can stay solvent."


What’s it usually cost to short a tether for a year?

At least it’s a non-productive asset so that’ll keep the cost down a bit, no?


That or you were just straight up wrong and bought into the fantasy that gets played out on HN every month.

Tether was taking other end of bitcoin shorts for 5 years. Its fantastically profitable and you bought the manufactured story that they are about to collapse any moment.


Indeed. Especially when the west in question is systemically important. How were you shorting?


I gave up my Chinese Market shorts for the same reason




Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: