I Often Hear That September is a Bad Month for Crypto... Everyone Thinks It, Then It Must Be True, Right?

First of all, September is not only a bad month for crypto, it's also bad for the stock market. There are metrics showing it's really bad...

On top of that, the US Inflation Report is due out this Wednesday... adding more fuel to the fire.

I've noticed that I'm currently making more money short selling than going long. That's a temporary strategy, until it gets better...

Short selling is basically betting that the price of an asset will go down. Technically, you borrow the asset, sell it at the current price, and then buy it back later at a lower price (hopefully!) to return it.

Personally, I use Hyperliquid for short selling. It's a decentralized exchange (tokenless, so potential airdrop). Fees are lower than on major centralized exchanges. You can use my referral link to get a discount on these fees: https://app.hyperliquid.xyz/join/CRYPTOFAB

Disclaimer: Not financial advice.

Let me know your thoughts on September and crypto in the comments... ⬇️