Original archived Re: How do people gain profit when crypto is dropping?
Scraped on 12/07/2025, 15:03:11 UTC
1. Short the coin when you think that coin will go downside.
You will have to register on a centralized exchange to do that though which is not really recommended.
Short is means you are in margin trading or futures trading which is dangerous and you must avoid it.
You can long or short and get profit in short term but in long term, you will lose a lot of all money with market long squeeze or short squeeze.
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2. If you already have coins then sell at the top and then wait for price to decreased and buy at cheaper price again.
You can do this on a decentralized exchange as well which is more recommended since you will be holding your private keys to your wallet.
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Always use stop loss order for some main reasons: protecting your initial trading capital; and also having chance to buy back for coins in amount and get profit with market bounce. At least you will have more coins in number and even if you can not get profit in bounce, you will still have less loss than other people who simply hold their coins in downtrend.