So I just realized why this sort of downward trend that has happened

Thing is, anon, you can't short indefenately. Shorting cost money (you gotta borrow the asset you want to short) so it's only profitable when the market is clearly bearish.

Once the trend comes to a halt, or is reversed, short will be squeezed like a pink wojack and candle will be green like PEPE

>>2685241
it's a relatively low cost to short though, isn't it? You only have to pay on the interest for the funds you borrow, which are not usually significant compared to the amount of movement in the market if you bet correctly.

How possible is it to set a buy order at the same price you shorted to prevent the price from rising above what you sold it at and avoiding losses that way? If you could do that, it sounds relatively safe to short.

>>2685252

Yes, it's relatively cheap, but you can't "baghold" a short. You can't say, ok, I'll wait 10 weeks on this one. Usually, the short liquidate when the bottom has been reached, It happens more at the same time than long position closing all along a bull trend.

You climb by the stairs, and then you fall by the window. Then you have a dead cat bounce, and then you climb again because cats have 7 lives.

>>2685224
>FUD up the ass
>Buterin dead hoax actually works as bait

Unfortunately crypto is littered with nerds, paranoids, and people trying to get rich quick. But shorting is it's own game, tied with more dirty measures seeing as it's directly influenced by people wanting shit to fail. It can get really risky, especially by margin, if it's not well calculated and predicted.

>>2685265
cats have 9 lives?

>>2685241
fpbp