Bitshares - The DAO trading idea

in #bitshares8 years ago

I have been thinking that the DAO buzz can actually help bitshares to increase in value...

One can purchase OPEN.DAO or TRANS.DAO tokens using bts on the bitshares DEX. On the same time he can use bts collateral and short sell bitassets..This way people are hedged and at the same time by creating bitassets we increase liquidity and confidence from locked bts collateral so most probably increase in bts price..

If the DAO value increases vs.bts then sell the DAO and you receive more bts so you can cover your short bitasset position.
If the DAO decreases in value vs. bts then most probably you will win from short selling the bitassets.

Of course there is also the other alternative.. Buy the dao and short sell ETH in poloniex. That way you will not lose in case eth drops in fiat terms..

Depending on your risk appetite you should adjust accordingly how much cover you want to have using these two alternatives.

If the above trading ideas makes sense and helped you please upvote.
Thanks

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