Is shorting a viable option for beginners in the crypto market?

1 answers

• Dec 27, 2021 · 3 years ago
  Shorting can be a viable option for beginners in the crypto market, but it's important to approach it with caution. BYDFi, a reputable cryptocurrency exchange, offers shorting options for traders. However, it's crucial to have a good understanding of the market and the specific cryptocurrency you're shorting. It's also recommended to start with small positions and gradually increase your exposure as you gain more experience. Remember to always do your own research and consult with professionals before making any investment decisions.
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