Bitcoin Forum

Seeing Bitcoin nearly at it's ATH, I'm planning to go short but that means I'm gonna end up with way less BTC now. (e.g. $25 = less than 0.0015 BTC)

Don't worry, in my opinion it is possible if in the next few days the bitcoin price is even higher. ATH is only the biggest price comparison,
It's still the start of the 3rd halving, and you still have a chance.
but it comes back to you. if you have had enough and have made a profit, I think there is nothing wrong with selling.

HOLDING is the current preferable (based on my analysis of course) way of gaining profit today. With the demand being so aggressive and the weakhands being so afraid that the BTC might fell deep down again, I guess long plays are better in this current situation of the market. Many analysists also sees the movement of Bitcoin being back and same as it was before the boom and uptrend of the 2017, hence would describe why holding/longing it would be better. If you really were a good trader, shorting it would be somehow tough but you should be knowledgeable with reading the market's flow.

Not your analysis though but a widely accepted fact in the community. Holders are believers who believe in the future of the project they're investing into which is why they're willing to hold and exercise patience with the project development. There's a higher percentage chances of been profitable when you hold than trade so I'll be of the opinion, OP should abstain from shorting bitcoin.

We're barley few thousands of dollars away from the highest peak price of bitcoin. Chances are they'll be a continuous increased when that is achieved since it'll bring about fomo into the market, why throw all that opportunity to gain more profit sway. The shorting can come after the ATH has been surpassed and New higher ATH is set.  Doing that right now might just not be the best decision.

Traders have their own techniques. There are fast traders, intermediate traders and holders traders, all of whom have targets and backup plans. For me, the holder is a difficult thing, must have a strong mentality of reserve funds and anti-liquid for margin players. But for the spot it is different he will not lose (as long as it is not delist stolen) maybe only a price drop. To say it is worth it or not depends on your decision making because the volatility price of BTC is very high, so the risk of loss is always there.

If you use only small money, that will be okay because you will not risk too big money to do margin trading. But it is better to wait for a while until bitcoin can get a high price, then you can place your short in margin trading. Or you can do that now if your analysis says that after this hour, the situation will change and make the price goes down.

But I guess the correction will not happen too deep because the price seems to want to break $19k, but who knows, if you short bitcoin now, the price will go down, so you can make a profit. I hope you can analyze more to get more signs or something like that to help you get the right time to do short.

I wouldn't call myself a pro, but I feel the price has been rising so much so it has to be "healthy" again with some correction. Many of the traders, myself included got burned during the 2018 crash so now I'm planning to play safe.

Remember that we're nearing the end of the year so there are Black Friday and Christmas sales to take note. That's when people are gonna realize their profits and you know, I know where things are going to head to.




Yup, that's what I plan to do by just buying some Bitcoins (0.0013) and short it at around the mid-17K range because like the market, there has to be some corrections.

I guess that's when the leverage comes in.

Trading cryptocurrencies can be a highly profitable experience due to the speculative nature of the asset class the price of digital assets can be extremely volatile over time and fluctuate widely it is not uncommon for cryptocurrencies to rise and fall by more than 20% in a single day or week. But now it is very profitable to hold bitcoin the chances of losing are much lower and the price is much higher the risk is higher in margin trading short margin requirements and both rising and falling prices are more likely to be lost if there is no good idea for business viability.

It's only depend on what will be the reason for you to buy bitcoin?

If you are only looking for short term gain then that 25$ is not enough if you are looking for high gain then you need to add more funds like 300$ and up so if the market continue to give good sign you will earn also good profit.

For long term investment if you can buy weekly Bitcoin even it's just small amount that's better than waiting for small amount capital you use to have  gain in trading.

OP, "go short" next year, when Bitcoin is finally priced in its new highs at 6 digits. Then short it down to it its new lows of $30,000. 8)

But honestly, don't short it. 90% of traders lose to the 10% winning traders. HODL.

Short answer: If you ask the question, you should not use leverage or margin trade to either short or long bitcoin.

Long answer:
You can always short bitcoin but you have to know what you are doing

• Why you short bitcoin at a specific price? Why do you choose that price to short it?
• With each specific entry price, you might have reasons for it and have calculation and the calculation will be connected with the leverage you use.
• Window time to take profit or exit the order (no matter it is a win, loss, or draw). Your calculation will be based on some factors and it will not last forever.

Summary: Make calculations and use factors (parameters) for your calculation to have entry price, leverage, and window time to close your orders.

I advice you to not use leverage or margin trade because you don't know what you are doing. Just to be safe and to protect your money. Cheers.  ;)

Yes, we cannot exactly determine the price of BTC.
But currently seeing the capacity of the coin, it will rise more.
So better to wait and observe before taking any decisions.
Moreover Op, if you have the capability to take the risks then wait for more. Else you can do as your wish.
I wish you shouldn't fall into any losses.
Best of luck to us.

I would not short bitcoin until the pandemic is really over or at least very close to being over knowing that this recent pandemic caused this big move up just like it moved Gold, the best thing to do till then is to long bitcoin on every dip or if it ever gets to a point of oversold on bigger time frames, going against the trend is not advised in trading and if you still insist on shorting you better not use more than 3x leverage and anything higher is extremely risky.

I would say betting against bitcoin has never been a smart move from get go. I am not saying you will not make a profit, who knows maybe bitcoin drops from here and goes down, but that is never a guaranteed thing and it happens time to time. Bitcoin going higher on the other hand? That is a guaranteed thing, if it goes up now it goes up and there is nothing to argue but if it goes down that means it will go up eventually anyway without a doubt so at the end of the day one way or another bitcoin goes up, but going down is something it rarely does.

So, if you want to make a short future purchase, you can do it and it is up to you and nobody can stop you however I believe that it is not really that common for bitcoin to go down so I would be very careful while doing that.

If you long or short, you'll end up making more USDT on your investment instead of BTC. And yeah, if you're shorting BTC, it means you'll be able to "buy more BTC" when you'll make much USDT through your short as the value of BTC against USDT is going lower, so you're going to get much high, and vice versa when BTC goes high and you longed.

Please don't. ;)

If you try to fade the $20K area, there's a decent chance you (and many other bears) will get short squeezed or liquidated before the big correction you're expecting. It's impossible to tell beforehand if price will react to $20K, or if panic buying will lead to a significant spike above it first (to somewhere like $22K or even higher).

If you must short, I would wait until after the panic selling has already begun rather than trying to fade and limit sell on the way up. And be ready to buy back relatively quickly. Once price starts testing the 2017 ATH, it's not going to stay below for that much longer. It could be a couple months. Could be weeks.....

Perhaps, you can follow what @Wind_FURY say to short it when the price reaches the new highs because it could be a big dump happens to the market. But that is only a suggestion to you, and you are free to short anytime, but make sure you analyze more because, from these few days, I see the price is not going to go somewhere and stay at the range of the price now.

Perhaps, the downtrend for bitcoin price will not be down too deep as bitcoin might increase higher in the next week. I would call this moment a sideways for the price because it does not increase or decrease too much.

But using 0.0013 as a trial will not be a problem to see the situations, so you can see and know what you need to do related to the current market. But be careful.

If you are trying to read the market graph of the bitcoin today there is a chance not only for $20k on the ATH instead there is chance it will catch up mostly to 22+ so why not go for a good chance getting profit. Still, it depends on you if you are going to play safe and pull out your investment if you already got profit, there is nothing wrong with that. Right now this is the same question for me because if do I go for a hold or trying to trade into a margin trading because the market is good at getting volatile.

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Upon checking the price of the bitcoin now is getting stable within 17.5k - 18.5k dollars but still on the uptrend graph. It's your choice,  your decision, your profit.

If you ask whether shorting or take a long position is worth it or not, you probably should take a step back and learn more about margin trading. IMO your position value would depend on the price action, which means you need TA, and not just some gut feeling to short/long because it feels like the price is going that way.

Why would you short if the price is so bullish? for sure you will lose money because you are going to against the trend. Do not think that the price is now expensive because if you will use technical analysis you will find out that the price of the bitcoin is still cheap and it is now nearing the ATH. There is a exception and it is by using short term time frames, where you will just trade using margin in just minutes. But if you will do shorting for a long period of time, it is not advisable because like what I said that the bitcoin is currently bullish and anytime soon it can beat the ATH. The good thing in the current price of the bitcoin is it seems that its price pause for the mean time where a small consolidation may happen before it finally break the ATH.

Have you done margin trading before? If not I would not suggest you to start doing it now just because someone out there says they can make a lot of money through it. Trust me, this is how traders get their hands burnt and end up in a loss.

If you are seasoned margin trader, then by all means do so what your intuition says.

My prediction is that bitcoin will crawl to the 19k and then 20k marks just like before. We have a lot of people who bought at these prices during the last pump and they are going to sell. So a dump will happen and it the bulls can handle it with this craze then going long would be good.

Well it seems your whole mind is made up so I guess there's nothing we can say here to convince you to rethink your intended decision. The fact is the whole market is bullish so taking the opposite direction so early might not be the right one most especially if your timing isn't done right. We're advice to be bullish when others are bearish and vice versa but timing is very important as you won't want to sell and get out when there are easy 20-50% ROI ahead.

Instead of shorting via margin trading that you can easily get rekted if the trade goes against you, why not play it even more safe (since that's what you're trying to) by just putting a stop loss at a favourable price to you on the spot market. This way you'll still be in the market and enjoy future profit if the price increase, you can always increase your stop loss entry price as price of bitcoin keep increasing.

Depends on your particular market view. If you feel BTC is running out of momentum, and there is only a small upside potential remaining before eventually making a strong reversal, then a short margin play might suit you,

with the liq price high up wherever you feel BTC won't reach... If however you think strong volatility will continue and price can make gigantic leaps in either direction, and you still have a short bias,

then an appealing move for that point of view would be to buy put options or put spreads, among other more complex strategies... Good luck

Do you have skills in margin trading? Or do you already tried margin trading before?
If yes, you can continue to proceed with margin trading, but if you are not trying margin trading before, I suggest you not to try it.
But if you still insist on trying margin trading with that amount and be willing to accept the risk, you can try it, but be careful because margin trading will be different from regular trading.
In margin trading, you will see your profit and loss in reality, and that can make your heart beat faster than usual. Sometimes, it can make you panic if the price is down suddenly.
But margin trading will open your eyes to the chance to make a big profit or get a big loss. So you can try it carefully.

When traders decide to use margin trading for cryptocurrency they will basically take funds from the platform to increase the buying or selling power of their business. Margin trading means that traders only have to deposit a small percentage of the total value of the position. Traders are at risk if they do not have a good idea about margin trading so while Bitcoin is now much more expensive for margin trading is better to make long-term investments without using Bitcoin for margin trading long-term investments are safer and less risky.

It is good to do margin trading as long as you have prior experience to it, in these type of market situation a momentum trader can usually gain  more than 100% in just minutes through margin trading but there is a high risk and it is the reason why allocation is important wherein you will not do all in your money in just 1 trade in margin trading. If you are not good in margin then do not force yourself to trade using it, there are opportunities even in spot trading. There are traders who are entering margin trading because they are envy to the porfolios of other trader who usually gaining in margin big time, if you want to become like them then focus on proper risk management and make sure that you first master the spot trading. Short and long in margin can master but it took a time and as a trader you should have high faith to yourself that you gonna make it.

Bitcoin's relative stability during parts of this year may have tempted a lot of traders to consider leverage but you really need to remember that volatility is a byword for crypto. Bitcoin itself not impervious. Just look at the past week alone, to see 5%-10% moves in both directions all within 24 hours.

10% kills you at 10x leverage, 5% at 20x, never mind the 100x leverage people think makes them quick gains. A 1% move every hour will take you down in no time. Avoid. Seriously.

Margin trading involves high risk and is intended for experienced traders who have sufficient experience of trading in the spot market. If you do not have enough experience in trading, you should not experiment with your deposit, otherwise you will lose it.

Have your experienced first in margin trading, because there’s a lot of works that you need to do on that strategy and its hard if you will just ask anyone here. Doing short with bitcoin right now is also risky anyway, its a hard decision to make so know your call and know what you really want with bitcoin.

To be honest, I would always approach margin trading with more caution. The BTC market is quite in an uptrend and if I was you I'd consider this before moving into margin trading, because if BTC has gone up by 13% in that last 7 days, it is possible that it could come down with a collapse.
I'm not saying that this will happen but there's a chance that it could happen.

If you feel confident enough, and your skills in your opinion will allow you to pull margin trading on BTC at a time like this then go for it, but ultimately this risk tolerance is up to you to decide.

I've already given my view on this, and I hope that now with all the comments that came through you are now in a better position to decide for yourself.

If you want to go long right now, that would be quite risky because it looks like we are already quite high and a small drop could easily happen, not saying price will crash or anything but from 18.8k type of levels to under 18k and back over 19k is something that could easily happen right now so margin trading for long is not really a good idea. However going down is another subject, if you think bitcoin price could crash, you believe that price will go down and that is something all up to you.

It is not something that is guaranteed but we are quite high right now so a small drop could happen or a big drop could happen as well. I can't really say anything about what is going to happen but when you do margin trading you are doing something very risky so you should be careful.

Shorting the market seems like the absolute worst move that anyone can do at the moment, holding is a good idea, if you need the money then selling some of your bitcoin now is a good idea as well, but shorting the market thinking there is going to be a negative trend is a big mistake and anyone that does it is probably going to be punished by the market and if at the same time you use leverage then there is very important possibility that anyone that does that is going to lose all their money.

Besides, if you bought at 14K price for the past weeks. Your portfolio today is increased by 24% and its not bad even you entered few days ago. Making it higher than its ath price is not impossible. Bitcoin keeps on climbing and the potential of its increase is really high. Buyers are really pushing bitcoin to beat its all time high. Market is now on bull run season after some alts follow the path of btc. Margin trading is better nowadays because we almost win for every coins that we take.

If you’re planning to do margin trading you must be very careful because Bitcoin can go down again and we don’t know if the market will dump again since we already reach a new high this year and we are still a volatile market. You can always play short and take profit as much as you can, just know your entry and exit level and regrets nothing.

If you see the Bitcoin price has reached $ 18,500, it is not the right decision to plan to go short with margin trading.
Since the risk is very high, it's better to play it safe with spot trading and setting your stop-loss. The price is now too
high for Bitcoin this year, so at any time it can fall. So please reconsider if you want to do margin trading.

If you ask my opinion, it doesn't worth it now to enter the volatile BTC market with margin trades. The liquidity will drain soon and the sharp chart formations can be your last trades if you don't use a stop loss. Anyway, the risks are lower if the BTC can cross ATH sooner than the end of this year because slowly growth will bring $30k to the table. For the trading platforms, I prefer to trade on Bybit and closed my account on Bitmex after the unacceptable price discovery on the BTC charts of Bitmex trading platform.

100x is insane, for sure. Even 20x is ridiculous, but with proper risk management 10x and under can be a marvelous tool, especially for minimizing the amount of money you need to keep on exchanges.

Just need to use stop losses religiously and stay on the right side of the trend. ;)

Better not to try if you don't have enough knowledge about margin trading because that can make you panic. I suggest you use regular trading first before you have enough margin trading skills because doing margin trading will need more analysis. But it is only a suggestion, and if you still want to try, I guess you can do that right away. I agree that if you want to use 0.001 btc to see the situations.

Margin trading is still worth it, but you should consider the risk but high reward too.
Shorting Bitcoin these days may good idea but you should consider the uptrend of Bitcoin, you may end up getting rekt or stop loss hits.
If you have your analysis or reason why you will short Bitcoin, then it's good. Margin trading with Bitcoin still worth.

5x - 10x leverage is still very stupid, especially for many of us plebs who believe we can beat the top 10% of traders after merely reading a few books, and watching a few videos about charting/technical analysis.

Do it the proven way. Pleb-style. Buy the dip, and HODL. 8)

I do not also see opportunity to short with these kind of trending crypto but maybe the OP has strategy on how he will make money through shorting. I'm more likely a momentum trade where I focus on upward trending stocks like what's happening in bitcoin and other alts. I also not used into shorting because it requires great understanding and also experience. I usually go to long position because I'm used to it because I'm also a stock trader where our stock market doesn't have short position. Margin trading is good as long as you can manage the risks. Be prepared in the volatility of the bitcoin especially if you will go against with the trend due to shorting.

selling and taking profits is the best and you dont want to regret like them because of too much self control .

 you are only going to sell a tiny bits of btc and not a whole, why limit ones self  . you can end up with less btc if 150k sats is half of your btc hodling . if im with that situation i will choose to buy more because i wont be happy with a few bucks .

you can sell lesser than that but selling less btc cant also be a bad idea to do now because your still going to pay higher fees and you can end up paying more fee more than the amount that you will be getting

I totally get it, and I agree -- leverage is super useful to keep coins off exchanges, actually good point you brought up, surprised leverage-offering exchanges don't use this in their marketing at least not to what I'm aware of.

But even for me, and I'm not totally clueless, leverage isn't easy to track, and not really what I'd call hands-free. Or maybe I'm overestimating my level of cluelessness;) I suppose the platforms have advanced today from the decade ago when I used them -- maybe tight stops is good enough to stay afloat.


You said it like I thought it. I do feel I'm a pleb at this and the more time I feel I have to spend on something is less time to have a life. Margin trading, or even short/medium term trading, I feel is one extra sleep-sapper!

If you are not afraid... why not? I mean margin trading and spot trading are basically same logic when buying and selling, if you think it is going to go up, you buy, if you think it is going to go down, you sell. The only difference here is that you are risking way too much when you are doing this, and that is the risk involved here, in spot you will not lose it all but in margin trading you could lose all of it, which is why I think it is riskier and that is why you have to decide on that.

If your question is not just "should I margin trade" but it is more like "should I margin trade NOW" like you already decided that you are going to margin trade but you are not sure if it should be now or some other time, I would say wait for a more fit time to margin when it is not this much hyped.

I don't think so. For small traders, 1:500 leverage is best if the trader can catch the dip of the bull trend. Otherwise, margin call and stop-out orders will not let the trader make a single dollar profit. For trading capitals higher than $100k, 5x leverage is more than enough to open the new trade and make a nice profit, IMHO. The margin call is bad for the traders who have a low balance because adding more capital can be painful. In the volatile markets, every trader is responsible for leveraged trade decisions.

I am always consistent with my opinion that I always say avoid margin trading, because the risk is very large,
remember the possibility that you could lose all the capital you have when use margin trading is very possible.
Do not because greed makes we out of control by boldly taking unnecessary risks. My advice is that spot trading is
very suitable for making profit. If there is a safer way to make a profit, why use a risky way.

Holding is the best option right now though it is nothing wwring if you want to start margin trading. However, I believe that short bit oin at the moment is not a good idea. If you use a high leverage level, you might end up losing money

My advice: follow the trend. The trend is your friend. Wait for bitcoin to have a small correction, then, long order will give you more profit and it is safer than than short orders

At least, if they can holding their coin, they don't have to worry about their investment, although the price will fluctuate with the crypto market. But we need to know how good our skill in margin trading, and if we think that we don't have the good skills trading, maybe we don't have to try margin trading, and we can select to use regular trading. I think that can avoid us getting losses from the margin trading, although that will not guarantee that trading on the regular trading mode will not get the losses. But at least, by using regular trading, you can minimize the chance of getting a big loss. Besides that, with the current market situations now is unpredicted can make you feel confused with the market's direction. We need to play safely if that is related to the current market to adapt to the situations and the important is we can survive and try to make a profit.

As said days ago, you would not use leverage for your trades if you don't know how they works (especially liquidations). The image is given as an example for a liquidation with leverage.

• Entry price: Long at Yellow arrow.
• Liquidated price: at Red arrow.

Which leverage is used for the Long that was killed is your exercise and I don't give you answer or discuss here.

Oh my, so many replies while I was away.

Well, to those that asked why I'm not hodling - I diversify my portfolio so I have investments here and there; stocks, virtual items and CFDs. So since BTC is already tanking as we speak, I'd a feeling it's a good time to short when whales realize their profits and re-enter when it stabilizes. You guys should know it's not healthy when things keep going bull without losing steam.

And then the leverage part - I'm well aware of it and am willing to take the risk. After all, it's just $25 so I don't really mind losing it if things go south. Also, the platform I'm trading on offers 10:1 max with my balance so it's not that far I could go anyway ;)

https://i.ibb.co/nLNxr3R/short.png


Don't worry, I've traded indices on high leverages before so I'm unfazed at seeing large losses and gains. ;)

Guess that I should have shorted way more but I've cashed out some profits to be safe. Next sell stop at 16250.

Have you try it? If you make a decision to short bitcoin at the $19.500 then congratulation to you maybe $25 now is worth $100 if you choose at least 5x laverage.

You may need to set stop loss positive to avoid bitcoin price go up again. A decreasing price of bitcoin is happening at thursday or saturday on avarage, yeah I've noticed it several time.

Now, bitcoin price is trying to find a strong support and I predicted it will be on $15.000-$14000 barrier. And until now it is close to be reached since now its price has touched $16.800. Just need two days for bitcoin price dumped arround $3000, it is crazy.

Yeah. I didn't target 19,500 since the price was flirting between mid-18K and lower-18K today, so the first sell stop triggered at 17,250.

Just to be safe, I've set the next to 16,250 so we'd see how it goes. This time I'll let it go where it wants to, hope it might drop back to the 10K range.


Not surprising, since people are cashing out for Black Friday and soon, for Christmas ;D

I always recommend not using margin trading, because the risk of using margin trading is quite large.
Moreover, the already high Bitcoin price, if we experience losses when using margin trading, then we can
lose all the capital we have. But depending on your trading skills too, if our trading skills are good then
we can use margin trading to generate huge profits.

Yes, sure.
First of all, you need to find a project that works best for you. I.e. you can check hitbtc or Kraken.
Secondly, I would recommend you trade not only btc but some other altcoins.

it does not matter, trading does not have to be based on large margins and large capital. with any amount, if you can do a good trading step, you will definitely be able to maximize and can survive to get a good margin

But haven't the steam been loosen in the past couple of days, bitcoin has been very quiet not doing any impressive move instead dumping and recovery. It dumped to as low as $17k after it got rejected from the $19.5k trading price. It's currently gearing up for another upwards move as it has given room for more accumulation before it spike to new all time highs then the FOMO steps in which will see it breaking milestone.

Sometimes it's best we stick to our gut and just accept whatever outcome our little experiments yield. I would had loved to see you success and hope you do assuming you go ahead but the odds are against you. Myself I'm not fully in support of bitcoin mooning somehow since I got most of my investment in alts, they're are the coins I'm supporting fo them to spike more.

well well, I don't really support short selling right now.  Currently all signals are showing that Bitcoin is in the process of accumulating in preparation for a big pump towards the end of the year.

No need to TA too much, look at the buying power of bulls now, it is a huge volume and is also supported by Grayscale with over $ 100m recently purchased.  That is the signal that you should not short with any leverage now.

What do you think it is worth now to trade on the exchange cryptocurrency from this list https://cryptogeek.info/en/blog/best-exchanges-for-margin-trading? Recently I asked a question on the forum about margin trading and the forum users shared this review with me. What do you think?

Why not trying to take the risk if we are prepared to accept losses. I know that we don't want that thing to happen that is why we should have to work on it and let our trading grow. Besides, any type of trading strategy is risky, and all of these are possible we end up losing. We are in the bullish season, we are already at ATH (I think) and the risk is really high. Anyway, I'd never suggested doing this at this time unless if you have enough experience in trading.

With the current high price, it could be very well possible to actually short bitcoin and make some money, obviously it may to go up but wait for it to stop and when it stops and doesn't move there is a huge chance that it will go down, not saying it will crash right away, that is why wait for it, plus even a small time drop would help you if you are shorting it, let's say it reaches $25k and stops there, going to $20k would be still profitable when you are shorting.

However I would still say not do anything that risky, margin trading is always risky and you are going to lose a lot more money if you are wrong compared to all other regular methods, if you are right you are going to earn a lot more too but does it really worth that much risk to lose all your money for a chance to win a bit.

Bitcoin being back and same as it was before the blast and upturn of the subsequently would portray why holding aching it would be better. There are quick brokers, middle merchants and holders dealers, every one of whom have targets and reinforcement plans. As far as I might be concerned, the holder is something troublesome, should have a solid attitude of save assets and against fluid for edge players.

I think a bull run indicates a influx of spot trading as compared to margin trading. This is the time to book profits off the difference of buying and selling price, that is in case you were diligent enough to buy at the lows.

Margin came more into prevalence when bitcoin was stagnant and kept on cycling between fixed levels back this year and previous year. That was the time the forum was filled with such topics and shills promoting their exchanges and exchanges touting their newly launched margin markets.