What is short and long?
“Short” and “long” are standard trading terms (not only in crypto, by the way).
Long means buying assets and expecting their prices to increase in the future. That is, you buy a coin believing it will appreciate.
Short, on the contrary, means betting on the fall of the asset price. You “borrow” assets from a marketplace, sell them now, and repurchase them later if/when the price falls.
In fact, both strategies have a lot of nuances, but this post is for a general understanding.
https://t.me/EarnCrypto_Currency
“Short” and “long” are standard trading terms (not only in crypto, by the way).
Long means buying assets and expecting their prices to increase in the future. That is, you buy a coin believing it will appreciate.
Short, on the contrary, means betting on the fall of the asset price. You “borrow” assets from a marketplace, sell them now, and repurchase them later if/when the price falls.
In fact, both strategies have a lot of nuances, but this post is for a general understanding.
https://t.me/EarnCrypto_Currency