Cryptocurrency Q&A
Can I go short on crypto?
Can I go short on crypto?
KatanaBladed
Fri Nov 29 2024
|
6 answers
1644
I'm considering investing in the cryptocurrency market, and I'm wondering if it's possible to make a profit by shorting crypto. Can I go short on crypto, and if so, how does it work?
6 answers
BlockchainBrawler
Sun Dec 01 2024
By buying back the crypto at a lower price, the investor can then pay back the margin they initially borrowed.
Was this helpful?
326
55
benjamin_stokes_astronomer
Sun Dec 01 2024
Margin, in this context, refers to the practice of borrowing cryptocurrency.
Was this helpful?
198
95
Raffaele
Sun Dec 01 2024
Once the cryptocurrency is borrowed, it is sold in the market.
Was this helpful?
378
65
Thunderbolt
Sun Dec 01 2024
The intention behind this action is to repurchase the crypto at a later date.
Was this helpful?
390
96
CryptoGladiatorGuard
Sun Dec 01 2024
Crypto shorting typically involves the utilization of margin.
Was this helpful?
110
76
Load 5 more related questions
