Post
Topic
Board Speculation (Altcoins)
Re: Who earns from a coin dump?
by
Compradora
on 24/09/2017, 19:05:01 UTC
Just to understand, I do not see the possibility of short selling on exchanges...



There are many people who can do that, any trader can make money from a dump coin. It is important, they have enough brains to decide when to buy and sell it. It is difficult to make the best profit when trading.

I think it is very difficult to determine the good timing. The coin price can be manipulated easily.

On poloniex you can make short with margin trading function and this way, you can make money from dumps and crashes. Not that hard, but complicated.