Crypto Terms: Letter S
What is Short?
Short - is a term used to describe a cryptocurrency trading strategy where the trader borrows an asset in hopes that they can profit from a decrease in price.
Let's find out Short meaning, definition in crypto, what is Short, and all other detailed facts.
Short is a cryptocurrency trading strategy. When someone says they’re “going short” it means that they will be betting against the cryptocurrency’s favor and expect the prices to decrease.
For instance, a trader borrows an asset in hopes that its price goes down. If everything plays out as the trader intended, they will purchase the asset at the new price only to return it to the lender. The remaining money is kept as profit.