1. SipPop GamesHome
  2. Tech Ticker

What is Shorting Cryptocurrency (What is the Airdrop of Cryptocurrency)

• Tech Ticker • 96 views

What is shorting cryptocurrency? What does it mean to short cryptocurrency? Sh

What is Shorting Cryptocurrency (What is the Airdrop of Cryptocurrency)

What is shorting cryptocurrency? What does it mean to short cryptocurrency? Shorting cryptocurrency is an act of manipulating market prices to profit in a non-public and transparent manner.

Specifically, if investors hold 20% or 30% of a certain token, they will sell the coin in this way. And when investors have a high level of confidence in the value of this portion, they buy it. But what if investors feel that they don’t need to participate in these investments? This leads to a lack of sufficient investment and trust in certain projects. Such risks are also very high, and once you transfer your chips to other places for trading or speculation, it may cause a great loss (such as the inability to guarantee the safety of funds). Therefore, if you want to buy a virtual currency from the secondary market and get a return of 10% or even more, you must invest all your investment funds in it to make money! So for some investors, shorting cryptocurrency is a good choice.

What is the Airdrop of Cryptocurrency

Airdrop of cryptocurrency is a special kind of token that is usually distributed to participants within a specific time frame. Because they are tokens distributed through communities, they are called “airdrops” and are a welfare method that anyone can claim or receive. “Airdrop” refers to the reward of a certain project being distributed to the accounts of other projects, and this program can receive rewards from contributions on the internet. Or, “airdrop” means that people interested in the project can choose whether or not to accept the service based on its current situation.

This article and pictures are from the Internet and do not represent SipPop's position. If you infringe, please contact us to delete:https://www.sippop.com/23781.htm

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 08/13/2023 20:53
Next 08/13/2023 21:16

Related recommendations