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ust think about it: if you had invested a single dollar in Bitcoin when it just emerged, today it would be worth almost $1,5 million! But it doesn’t mean that you have missed the boat: cryptocurrency is extremely popular, so if you want to trade – go for it! All you need is to get familiar with a variety of tools and methods.

One of which, short bitcoin trading, we will discuss in today’s article. If you want to trade like a pro, we also recommend paying attention to the following article. It literally is a treasury of everything you need to know about cryptocurrency trading!

 

What Is Bitcoin Shorting?

What does it mean to short bitcoin? If you Google the question, you will get millions of results. We will try and give you the most accurate and simple answer you will ever find.

When investors short sell bitcoin on a crypto exchange, they sell a bitcoin they don’t possess. To do that they borrow bitcoin from exchange margin lenders, while the position is open.

The whole point of bitcoin shorts is to sell the asset with a hope that it will be redeemed soon for a lower price. Here is an example: you sell borrowed bitcoin short, when the price is $10,000. The price drops to $8,000. You repurchase the Bitcoin for $8,000 to return it to the lender. And you make $2,000 ($10,000 - $8,000) out of thin air! 

But if you don’t want to waste your time and energy on learning how to short bitcoin, you can always turn to crypto bots. The whole point is that you can always create your short bot (or choose an existing one) and simplify the trading process.

Read the full article here: https://safetrading.today/blog/how-to-short-bitcoin/

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timeii afina
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11.12.2019 (48 Days Ago)
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How to Short Bitcoin?