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MacsHeadroom
on Nov 9, 2022
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FTX’s financial black hole leaves Binance balking ...
These aren't reasons to withdraw from a brokerage, particularly if you're using it to short the market.
sbierwagen
on Nov 9, 2022
[–]
Ah, the problem of shorting. Something goes down 20%, you make money. Something goes down 100%, you are theoretically supposed to make a lot of money, but instead your counterparty blows up and you lose everything.
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