RE: Time to short LTC (At $52.83)

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Time to short LTC (At $52.83)

in cryptocurrency •  7 years ago 

Brave man! I would not short any Cryptocurrency. Not when they can make a 20% gain in a few hours.

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7 years ago by

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      ·  7 years ago 

    Like there was any reason not to short bitcoin cash at $900 :D But yeah shorting seems way more risky than longing right now, especially as you'll only pocket 5%-10% on a successful short, while 100% is not uncommon on a successful crypto long

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        ·  7 years ago 

      Anyway, if you want to protect yourself against the market uptrend, a long-short would suffice.

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