I see a lot of people are interested in shorting, however I would advise against it. The market is acting irrational, and people are investing in obvious "shit coins". Shorting a coin that you think is over evaluated is not a good idea, because it can continue to be over evaluated, tons of people are investing in awful coins that have NO utility. So even if you are right, you are playing a dangerous game and when you factor in risk management it likely isn't a good idea. Thoughts?
I agree. I remember that I have invested many times in shitcoins just because I see them very alive in the marketcap and always on the top 30 gainers but now I'm smarter than before but shorting is still good as long as it's a decent coin.