I am new - about a week into crypto world and made the rookie mistake of buying too many coins which are all down now - all good learning.
So SHORTING - is when you sell when BTC is gong down at say 4.5% and then buy more when it is at say 14.5% is that right? Or should you wait for it to go down a lot more for it to be worth it and fees?
If you are down a couple of hundred from your original investment is it worth doing this?
Should I try it with $50 first rather than $500?
What kind of percentages would make this worthwhile? Just trying to learn and see how it all works.
I started a new job the last couple of days so I am in back to back meetings and not much time to continue studies at the moment.