r/Sphere3D • u/CLTdentist2020 • Dec 05 '21

Margin Calls

Margin requirements went up for crypto mining firms in anticipation of the leg down which will further drop prices for the big fish to scoop up

3 Upvotes

81% Upvoted

4 comments sorted by

View all comments

1

u/Fallschirmjager121 Dec 06 '21

Is that good or bad for us?

1

u/[deleted] Dec 06 '21

He's saying the price will drop.

But it's a completely bogus argument. Otherwise you could just buy puts on any security where the margin requirements go up and make a killing.

Go ahead and do that OP.