ShoShort position
Published in
Feb 9, 2021
Short position
The cryptocurrency market has a high volatility that sets it apart from all other markets. A sustained rally can quickly turn into a sharp decline amid any minor unrest. If you know the basic rules, then such moments will become an opportunity to make money.
To open short positions, you should be familiar with the basics of technical and fundamental analysis, know the specifics of the market and the psychology of its participants. In practice, not every trader who knows how to make money on longs will be able to profit from the market fall.
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