RE: Borrow HERO and Short it

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Borrow HERO and Short it

in bitshares •  7 years ago 

Hi after reading this please let me know if I am correct I think this is it below and if I am correct wa wa weee wa vedy niiiiiiiiiiiiiiiiiiiice I liiiiiiiiiiiike
I have xyz amount of bitshares I borrow for example 1 hero
and when the price of bitshares goes up the hero goes down
and in essence I am still long bitshares as it is locked up and since I believe in bitshares as a long term long position as bitshares goes up the hero goes down and I cover the hero at a lower price whenever I want and it is smart to keep doing this process over and over as settling the hero as the price of hero goes down bec then my bitshares position in total amount of bitshares goes up and if I do this many times in a row as bitshares price rises and I keep borrowing hero and bitshares price goes up and I keep settling hero and I keep doing rinse and repeat so the outcome total of my total bitshares in account will keep going up as I rinse and repeat so basically more and more bitshares will = more and more $$$$$$$$$$$$$$ because my margin power will keep going up as I keep rinse and repeating boooooooooooooooooom please all let me know your thoughts as I think I am correct and if I am not correct feel free to let me know and on a side note this is my first post I plan to learn this whole steem system and I will try and post only good things starting hopefully in afew days soo if you are all about a cause as I am you can follow me if you would like as I currently have zero followers I would like to be there for your causes and we can all be there for each others causes :) because why not? and if not now then when?

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