So how do I start shorting and which coin should I short?

I have a question: Let's say that I have $500 in my account. Is it better to open a $1000 position using $200 and 5:1 leverage or open the same position ($1000) using my entire balance ($500) and 2:1 leverage? I thought that less leverage was safer but it looks like I'm wrong.

>>2783907
We've seen consistently now ETH rises to 220 and then drops 20-30 dollars. Thats all you should be looking to short rn.

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>>2783961
Better to just give jews money at that point. Don't you remember the 6 gordillions?

>>2783969
What's the best platform for shorting? I think of Bitfinex.

>>2784064
Cant use bitfinex if you are in US to short.

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>>2783907
Well I don't know about you old boy but shorting eth has been rather fun for the past few weeks

>>2784093
Hmph. Any alternatives?

>>2784112
Kraken

>>2783907
This is you.
https://www.youtube.com/watch?v=F7hoj6R7gnc

>>2783907
if you're asking that question, you shouldn't be shorting

>>2784064
I use Kraken

Any general insight on trading in short?

>>2784147
/thread

>>2784121
>>2784161
Do you use Cryptowatch with Kraken? Do you dare to trade through it?

>>2783961
Leverage=borrowing (money). Borrow more and it will cost you more. Pretty simple.

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>>2783907
https://bizbeginner.com/2017/07/06/etoro/