> For the complete documentation index, see [llms.txt](https://docs.divaprotocol.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.divaprotocol.io/use-cases/directional-bets/downside-bet.md).

# Downside bet

Alice believes that the Bitcoin price will drop from its current level of $37’000. Shorting an asset the traditional way is pretty cumbersome as it involves four steps: 1) borrow BTC, 2) sell it for USD, 3) buy BTC back (at hopefully lower prices), and 4) give back BTC to the lender plus some interest. Alice wants a simple way to participate in the downside of BTC.

Alice could use the DIVA App to create short positions with one of the below example shapes.&#x20;

![Example payoff profiles of short positions on BTC/USD](/files/J6P5Qb9oduOmikakQaBp)

### :gear: Pool configuration

The example configuration for the above three patterns

![Short position on BTC/USD with a linear short position payoff profile](/files/T9bNC3O7OY7fRtilw805)

![Short position on BTC/USD with a rug short position payoff profile](/files/5vR0GyvnF8HcRBQFDKyj)

![Short position on BTC/USD with a binary short position payoff profile](/files/G7FlNjtg7dP0hAyIN2E7)

### 🤝Sell long position tokens <a href="#sell-long-position-tokens" id="sell-long-position-tokens"></a>

After the creation of the pool, Alex would sell the long position tokens and keep the short position tokens.


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