Hi, I have been watching these shitcoins on https://dexscreener.com/. They are primarily xxx/SOL. I understand how to buy and hold them, but i have no idea how i can short them. Anyone shed some light. Im talking about coins only on the DEX, not the stuff on Binance or Coinbase. examples like: GROK/SOL, DOT/SOL, NANA/SOL, GINGY/SOL Thanks in advance.
DOT (polkadot) is an old established coin, you can short it on major exchanges but also on bybit perpetual futures 50x leverage or higher dot is a major shitcoin, but it's already crashed and still down 83% from the peak of 2021
It's alarming to see so many perma-bears on forums who missed out on the bull-run for two years, are now admitting to buying into shit-coins when I go through daily threads. What a terrible way to try to make up lost ground. If there is a good indicator that the top is in, this could be it. Maybe give it a few months? With that said, BTC and ETH always come back... But what happened to safemoon, safemars, elvis-coin, etc the last time? lol
I'm seeing some other coins that are well known out pacing bitcoin and etc by miles, up 100 200 400 500% in a month. Once bitcoin collapses all thr rest of these coins will lose 50 to 90% of their values in little to no time.