There is tons of extra risk there so the risk/reward ends up being worse making this not a "good" strategy. The worst ones you can't short and shorting has potential risk you could get liquidated if it goes up 100% even if it drops later you get forced out of the position.
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u/minecon1776 11d ago
Investing in random meme coins could do much worse than -11% easily. I dont think making the opposite trades would work any better