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EnglishIs there a way to short a cryptocurrency against BTC?

Take Litecoin for example, one of the most popular (and arguably the biggest shitcoin) it is constantly adding zeros against BTC. Is there a way to bet against it and in favor of BTC? Long-term short seems favorable...

ken90 2 years ago
    Tags:
  • Bet
  • Short
  • Cryptocurrency
  • Btc
  • Altcoin
  • Shitcoin
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ANGOUA Ngnoliosseh Dieudonne 2 years ago
It should be noted that bitcoin is more superior than litcoin, to bet it depends on the litcoinarmy community. litcoin is growing slowly but surely
John Downes 2 years ago
Do some tutorials on Stormgain . the videos are free to watch. They will explain how to leverage your crypto in pairs
Aishik 2 years ago
It's controversial as Bitcoin is something even (people not so intrested in crypto) know about while lite coin is something which is not as popular at Bitcoin though we can't surely say the future holds but the publicity Bitcoin has achieved will surely be one of its advantages
Eric 2 years ago
bitcoin is something that even people are familiar with who are not so into crypto the lite coin is something that is not as popular in bitcoin
Aldo Colombo 2 years ago Correct
Yes, short LTC against USDT and long BTC against USDT, on any futures platform.
Willy 2 years ago
The most common way to short Bitcoin is by shorting its derivatives like futures and options. For example, you can use put options to bet against the cryptocurrency's price.
ramazan 2 years ago
I think there is only one solution to this, long-term waiting, after all, in 2011, btc, look 200 lira now 500 billion, so long-term always wins, short-term players are always doomed to lose
Khalil Hussaini 2 years ago
You would need to trade the asset pair BTC/LTC on a spot exchange like binance. Keep in mind that you still need to do you technical and fundamental analysis before trading.
Paul 2 years ago
Yes who knows what the future holds when Bitcoin first start many ignore it but now see the price of Bitcoin how it have rise