# 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](https://1305042189-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHZJ0AbZj1fc1i5a58eEE%2Fuploads%2FHsJ9TG7MlcPGOGoAj8Pr%2Fimage.png?alt=media\&token=64db8094-b0f7-402b-a45d-fb5b9edd19fc)

### :gear: Pool configuration

The example configuration for the above three patterns

![Short position on BTC/USD with a linear short position payoff profile](https://1305042189-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHZJ0AbZj1fc1i5a58eEE%2Fuploads%2F9c2ybhy7GvBtS2X4wLQh%2Fimage.png?alt=media\&token=db507695-08f1-4021-a714-cc25a1907a4d)

![Short position on BTC/USD with a rug short position payoff profile](https://1305042189-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHZJ0AbZj1fc1i5a58eEE%2Fuploads%2FP2PpaDYxdLCfY1BlohXW%2Fimage.png?alt=media\&token=f2bdaa9d-4156-4448-aca6-a3f4536807c9)

![Short position on BTC/USD with a binary short position payoff profile](https://1305042189-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHZJ0AbZj1fc1i5a58eEE%2Fuploads%2FFGlMkPwkk4SAWY00NH3s%2Fimage.png?alt=media\&token=7719ef73-0978-41b9-b746-1a682b5fcd87)

### 🤝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.
