The market is volatile. Bitcoin could go up or down. You can make money whether it goes in either direction. We’re going to be discussing how you can make money when Bitcoin goes down. It’s called shorting Bitcoin.
In this video, I’ll show you how to short Bitcoin on ByBit. Shorting BTC can make you a lot of money if you correctly predict the price of Bitcoin dropping. Shorting cryptocurrency is a risky bet, so make sure you are prepared before you try it!
0:00 Intro
1:21 Going Long vs Going Short
2:11 Popular Leverage Trading Platforms
2:32 How to Short Bitcoin
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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.