Post
Topic
Board Speculation (Altcoins)
Re: Short selling altcoins
by
ethereumhunter
on 02/07/2020, 13:11:46 UTC
Hi,

I've found some really poor altcoins with an incredible market cap that I'd like to short sell on exchanges like Digifinex and Coinsbit. Is this possible?

Thanks!

You mean undervalued altcoins that you can short sell? Well, if you want to short sell, you have to be very careful and vigilant while doing so. Some of this altcoins can be a bait for investors to invest after which it dumps. Know what you are doing before starting on a trade

It is difficult to find undervalued altcoin which can give us a profit because there are so many of that altcoin type, and if we found one or two, we will need to wait for a long time to sell. It is better to stay with the altcoin which has the potential to increase, so we don't need to wait for a very long time to sell. You need to think twice to select the undervalued altcoin to buy.