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RE: Crypto Academy - Season 3 - Week 2 - Homework Post for professor @cryptokraze homework by @hadassah26

in SteemitCryptoAcademy3 years ago

With Contract for Difference Brokers, sell trades can be placed( This involves borrowing a certain amount of currency from the broker and selling at a specific price).
This way, if the trades goes in the bearish direction, you make a profit and pay the broker their "spread".

How do you make profit from selling at a lower price?

You borrow BTC @ $34k and sell it @ $32k, where's the profit coming in from?

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