When chatting with friends about the market, we also discussed an old question
Is it better to make money by shorting now?
The decline is indeed smoother than the rise, BTC can go up or down, altcoins often drop, Short positions also seem easier to take?
But some friends around me, Even if they are bearish, rarely actually short, Mostly they stay in cash, waiting for opportunities, never shorting.
Their reasoning is that prices have no ceiling going up, No matter how much they fall down, they just reach zero, Over time, bulls tend to have the advantage.
How do you usually choose? I'm quite curious about everyone's approach in this kind of market.
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When chatting with friends about the market, we also discussed an old question
Is it better to make money by shorting now?
The decline is indeed smoother than the rise,
BTC can go up or down, altcoins often drop,
Short positions also seem easier to take?
But some friends around me,
Even if they are bearish, rarely actually short,
Mostly they stay in cash, waiting for opportunities, never shorting.
Their reasoning is that prices have no ceiling going up,
No matter how much they fall down, they just reach zero,
Over time, bulls tend to have the advantage.
How do you usually choose?
I'm quite curious about everyone's approach in this kind of market.