Oddbean new post about login | logout Aside from being a gambling addict, why would anyone short #Bitcoin rn? Is it more often a short-term play to take advantage of volatility. Genuine question. #asknostr
Because they greedy but bitcoin keeps humbling them by liquidating them
An unemotional view of the wider market perhaps. Leverage is always too risky either way. But not taking any profits here is also a sign of greed IMO
Gambling is the reason with very few exceptions.