Post
Topic
Board Altcoin Discussion
Re: Shorting lunc (former original luna) and losing 99% assets
by
cryptoaddictchie
on 07/07/2022, 10:16:46 UTC
Thats because of a tremendous volatility. Of course eveyone thinks that shorting a damage project could lift their profits high but there are factors whom we cant anticipate like possible whale manipulations.  Of course these guys are watching the long and short positions and might chance to favoe which are those gonna lose more. So this possibility is also can, I wonder how the company can handle that kind of losses.