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Can bitcoin be short

Publish: 2021-04-30 00:18:30
1. No
bitcoin (bitcoin: bitcoin) was originally a kind of network virtual currency, similar to Tencent's q-coin, but it has been able to buy real-life goods. It is characterized by decentralization, anonymity, and can only be used in the digital world. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged anywhere in the world. Therefore, it is used as a money laundering tool by some criminals. In 2013, the U.S. government recognized the legal status of bitcoin, making the price of bitcoin soar. In China, on November 19, 2013, a bitcoin was equivalent to 6989 yuan.
2.

Token Network Forum provides: if you want to short, you also need to have the corresponding capital. At present, as a new player, it is difficult to buy a large number of bitcoin. And because most people are in the holding state, it is difficult to make bitcoin circulate with each other

buy a lot of bitcoin and let it continue to buy high and sell low. If you can hold on, bitcoin may be short
as long as you can continue to spread the shortcomings of bitcoin and rece the number of people who hold bitcoin, it will basically affect the operation of the exchange. If bitcoin can't be traded in circulation, there will be only some learning

the principle of bitcoin shorting:

this shorting is to convert your money into more bitcoins. However, in order to make money, after you get more bitcoins, you can only make money if bitcoin rises. Like China's stock market, there is a reason to increase positions when it falls. But what I want to tell you is that short selling can't make money

different from the short principle of spot market, the short principle of spot market can make money when it falls, and the position in hand is unchanged. But bitcoin changes your position. In the same way, China's stock market falls more and more, sharing the cost of building positions equally, and then waiting to rise

after understanding the principle of bitcoin shorting, we get the answer: in short, this kind of shorting is actually false

3. This kind of mining machine is not very reliable. I think you'd better not do it, because your friends hope you can do it, but it won't have a good effect on you
4. You can make money by shorting. For example, the okex bitcoin exchange uses 20 times leverage to buy short. When bitcoin falls by 1%, it makes about 20%. But you have to pay attention, if the margin is not enough, it will be closed. Please accept my answer. Thank you very much. If there is any need, you can ask, thank you!
5. Okcoin and fire money support short selling, 796 can also, other sites do not need to consider.
6. It's not easy to buy a fall quilt. Don't follow the rise. You will die miserably.
personal experience
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