Cryptocurrency Q&A
What is short in crypto?
What is short in crypto?
DondaejiDelightfulCharmingSmileJoy
Fri Nov 08 2024
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7 answers
1692
I'm interested in cryptocurrencies and I've heard the term 'short' being used. I want to understand what 'short' means in the context of crypto and how it affects the market.
7 answers
PearlWhisper
Sat Nov 09 2024
Once the price falls, the traders buy back the cryptocurrency.
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Eleonora
Sat Nov 09 2024
Taking a short position in the cryptocurrency market involves a specific strategy.
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emma_rose_activist
Sat Nov 09 2024
They give the repurchased cryptocurrency back to the broker, fulfilling their obligation.
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DigitalDynasty
Sat Nov 09 2024
Traders who adopt this approach borrow cryptocurrency from a broker.
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Valentino
Sat Nov 09 2024
They then sell the borrowed cryptocurrency at the current market price.
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