If you are not optimistic about a coin, you can short it!

I compiled a list of 27 tokens that were launched on Binance, and from the chart, it seems that only 3 ($FORM, $RED, and $LAYER) recorded positive returns, while the other 24 all incurred losses.~

If you invested 1000U in each token, totaling 27000U, you would end up with only 15000U, averaging a loss of -44%. This means that if you went long on the newly launched tokens on Binance, the chances of making money are almost zero, and you would be completely playing the role of a bag holder.~

However, if you do the opposite and choose to short as soon as they launch, the situation is completely different. As the sister said: "If you are not optimistic about a coin, you can short it." The value of this statement is continuously rising 📈 $BTC