In the bustling streets of Mumbai, two friends, Ravi and Rohan, were always talking about Bitcoin. Ravi, an optimist, believed in the long-term potential of the cryptocurrency, while Rohan, a cautious investor, preferred short-term trading strategies.
Ravi often discussed his long positions in Bitcoin, explaining how the digital currency was revolutionizing the financial world. He cited the increasing adoption by both retail and institutional investors as evidence of its long-term viability.
Rohan, on the other hand, focused on short positions. He argued that Bitcoin was a highly volatile asset, and shorting it could yield significant profits in the short term. He would often share his trades on social media, attracting a small but loyal following.
One day, as they were discussing their positions over a cup of chai, Ravi asked Rohan why he didn\“t consider holding a long position in Bitcoin. Rohan replied, \“I understand the potential, but I prefer the excitement of short-term gains. Besides, I can\“t afford to risk my capital in the long term, especially with the unpredictability of the market.\“
As the conversation continued, they realized that both long and short positions had their own advantages and risks. They decided to learn more about each other\“s strategies and possibly combine their efforts for mutual benefit. |
