Trend is endlessly down, but it still keeps spiking up during the decline, blowing up leverage, then falling again… that's a part of the altcoin playbook.
Of course, there are also cases of overall endless decline, safe to short all the way, not just spiking; there are also scenarios where 99.9% of the time it's safe, but suddenly at some moment it rockets up several times and shorts get smashed… even some that go up 10x…
So why do I not recommend shorting alts while shorting? You're gambling with your life https://t.co/6mTgvCVlCQ
