Let's say that I believe the whole Cryptocurrency Marketcap is going to drop from ~450bn to max 200bn in the end of the year.
How can I actually bet against the Crypto market?
I know there might be Future contracts on some coins, but the I'd like to bet against the whole market! Any hints?
As far as I know, exchanges do not provide such a service at the moment. You can do this: on the security of crypto, take a loan in fiat. When the price of the crypto falls below the critical cost, you do not repay the loan, you lose the collateral. It turns out that you will sell the crypto at an inflated price (if a significant drop occurs).