F. DERP, A New Bitcoin Short-Only Hedge Fund Targeting Major Bitcoin Startups

F. DERP, A New Bitcoin Short-Only Hedge Fund Targeting Major Bitcoin Startups

I've mentioned previously that my Bitcoin trading strategy is to buy when price looks to have bottomed and begun an uptrend. I generally advise people against shorting Bitcoin; the long term trend is still clearly bullish so the odds favour the upside for any timeframe beyond a few days. That said, I'd happily short a number of companies and startups in the Bitcoin space if it was possible... Shorting Mt. Gox or Neo & Bee may have been as profitable as mining back when the only competition was Satoshi. Until now, there hasn't been a way to short Bitcoin companies, which is a detriment to....


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