[Lxr]

What is the best way to profit from all this crypto hype, as a rational person who’s convinced all coins will eventually go to zero?

[rchaud]

Start offering a $99 course on how to profit from FB Libra. Doesn't matter if you don't know anything about it, because the people who buy shovels during a gold rush usually know even less.

[cygaril]

Getting involved is risky - even if you are right (and I think you are), the price could still increase by a large amount for a long time before sense reasserts itself.

As Keynes apparently did not say: "The market can stay irrational a lot longer than you can stay solvent."

If you hit your trading / credit limits you could lose a lot of money despite being right in the long run.

And as Keynes definitely did say, "In the long run, we are all dead."

[anonymous5133]

Pretty sure facebook coin is a stable coin. You cant make money trading it. You can only make money by using it for trading.

[b_tterc_p]

A rational person would observe that something with no intrinsic value could very well be overpriced far longer than you can afford to short.

[tim333]

Ironically it may be to buy something like bitcoin and sell when it goes up. Reasoning: a) there are obviously hype believers who will buy and push the price up when optimistic and b) they tend not to sell being believers whereas as a skeptic you can.

[foobarzzi]

You can go on deribit.com or bitmex.com and buy put options or sell future contracts.

[WilliamEdward]

Scam others.