Without a central authority overseeing security, cryptocurrencies are vulnerable to various threats. : Your wallet may be hacked. Your PC may be captured by a virus designed to steal bitcoins. You may make a mistake in a recipient’s wallet address and send money in an unknown direction with no chance of reversing a transaction. You may forget to back up your hardware wallet, accidentally break it and lose your crypto savings.

If you have spent any time trading Bitcoin and trying to make a profit on it, you know it is a highly volatile asset and that you are constantly at the risk of losing all your money. But how can you make a profit from this volatility by shorting it? In this guide I’m going to teach you how to short sell bitcoins (and other forms of cryptocurrency) when the price is about to drop.