Marc De Mesel: Preparing to Short Crypto When Seriously Overvalued
Instead of setting my goal to go to a small exposure if we would go into serious overvaluation again, planning to set goal to short crypto. Shorting is an instrument I have stayed away from but could double my returns, as longing a bull and shorting a bear is making double as much as simply longing a bull.
Of course shorting is more difficult. Inflation works against you, as well as extra expenses, but considering I have warned investors successfully at both tops of 2013 and 2017 for a long and painful bear market, it's time to make an extra buck with my talent too.
If I fail to go short and only go halfway by selling my long fully, that would be a big win as on both tops, even thou I reduced my exposure, I failed to go to even a minority crypto exposure.
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