Outright short-selling has unbounded losses, but there are other ways of "being short" (i.e. betting on a price drop) where the loss is limited, such as buying

Outright short-selling has unbounded losses, but there are other ways of "being short" (i.e. betting on a price drop) where the loss is limited, such as buying put options, though these tend to be time-limited as well, to a couple years.