Viewing a response to: @full-steem-ahead/re-rangertx-re-billbutler-borrow-hero-and-short-it-2017615t194522516z-20170617t154805308z
Although it is explained well I think I need someone to make a chart to visualize how this works. I do understand how to make a profit when BTS is declining in value. Buy, not borrow, a Hero. The Hero price is relatively stable and as BTS decreases in value you will get more BTS back when you sell. It takes more BTS to buy a Hero. If you watch for the Call Margin price and sell when it shows up in the order book you can make a tidy profit.
post_id | 7,548,678 |
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author | jelasalyn |
permlink | re-full-steem-ahead-re-rangertx-re-billbutler-borrow-hero-and-short-it-2017615t194522516z-20170718t161221452z |
category | bitshares |
json_metadata | "{"app": "steemit/0.1", "tags": ["bitshares"]}" |
created | 2017-07-18 16:12:21 |
last_update | 2017-07-18 16:12:21 |
depth | 3 |
children | 0 |
net_rshares | 0 |
last_payout | 2017-07-25 16:12:21 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 443 |
author_reputation | 3,860,705,432 |
root_title | "Borrow HERO and Short it" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
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franky | 0 | 0 | 100% |