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Yvonne
How can I short Bitcoin on Huobi?
2023-05-22 19:55
Answer list:：
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Bettina
"Shorting" refers to the practice of selling a financial asset, such as Bitcoin or Huobi, in the hopes that its value decreases, enabling the seller to buy it back at a lower price and thereby profit from the difference. When an investor shorts Bitcoin or Huobi, they are essentially betting against the price of the asset, hoping to profit from a decline in value. This strategy is commonly employed by traders who believe that the market will experience a downturn, or who have reason to believe that a specific asset is overvalued in relation to its fundamentals or market conditions.
Release time 2023 05 22
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Valda
Huobi Bitcoin short selling refers to the act of placing a bet that the price of Bitcoin will decline on Huobi cryptocurrency exchange. This involves borrowing Bitcoin from someone else and selling it at its current market price, with the expectation of buying it back at a lower price in the future and returning it to the original holder. The trader profits from the price difference between the selling and buying prices, but also carries the risk of losing money if the price of Bitcoin rises instead of falling.
Release time 2023 05 22