Short selling Bitcoin (#MarketDownturn BTC) is an investment strategy where an investor borrows Bitcoin from an exchange or someone else and sells it immediately at the current price, hoping that the price of BTC will decrease. The investor then buys the Bitcoin back at a lower price to return it to the lender, profiting from the difference between the selling price and the buying price.
Why I shorted BTC at 92k before
Profit from the price drop: If an investor believes that the price of BTC will decrease in the future, they can short sell to profit from the price drop.
This is a way to profit from the downward price movements of the market without having to pay too much attention to the main bullish fomo trend
