Is It Worth Shorting Crypto — And What Are the Risks?

Is shorting crypto worth the risk? Aaron Dishner from The Better Traders dives into the pros, cons, and major dangers of shorting the crypto market.

While shorting allows you to make money as the price of BTC, Ethereum, and altcoins fall, Aaron emphasizes that the original purpose of shorting was to protect your portfolio, not to "ape a short".

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👉 Google Sheet Link (To use this, please save a copy to your Google Drive)
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~ TIMESTAMPS ~

00:00 Is it really a good idea to use leverage to short the crypto market?
00:59 What does it mean to short a coin and is it a good idea to start shorting the market?
02:58 The main reason why you might not want to short crypto
05:49 If you're going to keep a short position open long term, keep funding fees in mind
07:51 Aaron's liquidation calculator Google Sheet explainer
12:21 The crazy thing about shorting is that your liquidation price is farther away from your entry
14:05 If you're going to short a cryptocurrency, make sure you have a good risk to reward ratio
16:58 So is it worth it to open a short position for a cryptocurrency?

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📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#crypto #cryptotrading #bitcoin Receive SMS online on sms24.me

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