How does shorting vs longing impact the price of digital assets?

1 answers

• Rohan phegadeApr 07, 2024 · 2 years ago
  At BYDFi, we believe that shorting and longing play a crucial role in the price discovery process of digital assets. These trading strategies provide liquidity to the market and allow traders to express their views on the future price movements of assets. Shorting and longing can also help in hedging strategies, where traders can protect their positions from potential downside or upside risks. However, it's important for traders to understand the risks involved and to have a comprehensive understanding of the market dynamics before engaging in shorting or longing activities. BYDFi provides a secure and transparent platform for traders to execute their trading strategies, including shorting and longing, with advanced risk management tools and features.
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