21 sats \ 4 replies \ @supertestnet OP 1 Jan \ on: How to use loan shark for non-custodial derivatives (ie longing or shorting BTC) bitcoin
Just realized this is dumb. Here is a simpler/better procedure without loan shark: he should keep the $1000 he started with, wait til bitcoin dumps to $10k, then buy bitcoin. He will get .1 bitcoin at the bottom, then he can sell it for $1500 when bitcoin hits $15k. A 50% profit.
I think the DLC stuff is better suited to this particular thing
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Why dumb? Seems like an easy peasy lemon squeezy thingy :D
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Simpler and better for taxes as well