I have found many new investors who don't even know the concepts of short selling and going long.
First of all, the profit from short selling has a limit. If you short sell with 100u at 20x leverage, then your profit limit is 2000u, no matter how much the coin drops, you cannot exceed 2000u.
The profit from going long has no limit. If you go long with 100u at 20x leverage, if the coin price doubles, that's 2000u; if it triples, that's 4000u. From the opposite perspective, altcoins, especially meme coins, are not suitable for short selling because once they surge, your losses are unlimited and completely depend on how much the market maker decides to push the price, even if you win 10 times, losing once will wipe it all out.
Short selling is only suitable for mainstream coins in a downtrend because mainstream coins are unlikely to surge several times or even dozens of times in a single day, and they usually have a downward fluctuation before profits are realized, not a continuous upward trend.
