Is 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...
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
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.
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
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.