The Best Cryptocurrencies to Short

Shorting a cryptocurrency basically means you’re betting on its failure. So let’s dig in and short some crypto 3. Theta Theta has been on its way down for a while now. It still has some peaks, but it is very unlikely that it will come back from the dead. 2. Bitcoin Cash Bitcoin Cash is basically programmed to be perfect for shorting. Eventually, unlimited Bitcoin Cash coins will be generated, making it effectively worthless. 1. Dogecoin Do I have to say anymore? It’s on a VERY stable descent, and it’s EXTREMELY unlikely it could come back up. But How Does Shorting Work? Shorting goes something like this: 1. Borrowing something Borrow your crypto Or your stock Or an iphone 2. Sell that something Let’s say that the something you bought is worth $600 Well, when you sell it, you get $600 in you bank account 3. Buy it back for less Now, you have $600 dollars in your bank account If the asset has fallen to $450, you profit $150 4. Give the asset back It’s that simple Have a fantastic day (or night) -oli2