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Shorting crypto on Binance and Bybit, how to short crypto? In this class I take you step by step on how I go about shorting crypto using a sentimental trading strategy Can you make money shorting crypto? In this video, I show you how I make more than $100 per day shorting crypto The exchange I'm using is Bybit, get up to $4000 when signing up. Plus a share of $3000, reduced trading fees to the first 1000 who sign up using this link https://partner.bybit.com/b/vusidesigner Whether you short crypto on Binance or Bybit the process will be the same and both trading platforms are identical. What is shorting? Shorting or selling short in cryptocurrencies is when a trader believes that a specific cryptocurrency will fall in value therefore the trader place a trade betting that a specific cryptocurrency will lose value If the trader’s predictions are correct the trader makes money, the amount of money made is determined by the percentage of how low the cryptocurrency dropped by and the amount of leverage used when opening the short position When shorting a cryptocurrency, traders must take into account the volatility of the currencies and reduce the risk by not being over-leveraged and putting stop loss to avoid liquidation Shorting crypto can be lucrative but also dangerous as these crypto assets can be very volatile #shortingcrypo #cryptotrading
