Is Shorting profitable???

[JeffBrad12]

Can you please tell us what is shorting first of all as I have never heard about that word before and I think you should elaborate your topic by putting some more information about shorting as it may be new to many people and would not be aware about it.

As said shorting is one way of getting profit , it is quite profitable if you got it right but will give you a huge lost if you are wrong.  There are lots of professional trader that gone broke because of this strategy.  Since we never know if the price will crash or not until it happen.

In my opinion, if shorting looks like a gambling with your prediction. With this condition and shorting is really risky.

It will be instantly dropped a lot. and with the shorting method just give you a small chance to get a profit.

No one is wanna paying on the hole.

I've lost a lot of my money caused by shorting and it gets wrong.

[mastermold]

Investing <> guaranteed profits. Shorting <<>> guaranteed profits. Assuming profits (or loss) is a dangerous mindset to have.

I hold a short position from time to time, but use it as a hedge only. I never assume that short positions generate profits. As Bob Baerker points out, leveraged ETFs can really burn an investor.

[Sled]

Shorting is really a profitable way in earning money but it will be profitable if you know how it works and you have enough knowledge in using it. I do shorting in altcoins and it works for me because i don't short non popular coins but just popular coins like eth and xrp. But if you want really profitable then long term for bitcoin is the best.

[Yuuto]

Have any of you got benefit by shorting?please share your thrilling experiences.

Anything has the potential to be profitable.

Even gambling can be profitable. That's what most gamblers think of gambling - a quick and easy way to make a shit ton of money in a short period of time. Of course, that is possible. But not probable.

Same with shorting, it's a negative EV game actually. Because you are playing against other traders in the market, except as a shorter you have to pay a bit more than them to place orders, in the form of interest on your loan.

I wouldn't recommend shorting.

[carlfebz2]

Shorting is really a profitable way in earning money but it will be profitable if you know how it works and you have enough knowledge in using it. I do shorting in altcoins and it works for me because i don't short non popular coins but just popular coins like eth and xrp. But if you want really profitable then long term for bitcoin is the best.

Shorting does really works and could really give you decent profits if you do know how to execute it and you know on what you are doing.You are right we should always seek for famous coins which is price is volatile or does move because thats the best time for doing short tradings.

[jovs]

shorting is very risky , increases stress thats why I left margin trading

Agreed, that's why I always admire traders who do such because they have such balls of steel since it's stressful and big market movements in a short span of time can cause them big money. You need to be always on the lookout if you are a margin trader because you need to constantly make money out of those tiny ripples that you see in the market.

The real key on trading is having a patience on transaction. Because we all know that in trading through bitcoin one should know the value or the market stock of bitcoin every transaction because through these we can know if the trade is going to be good or not. For me having a shorting trading is quite risky but all trade have risk o its better to take the risk and do your best for you to be successful that the best thing to do. And if you are thinking if it has profit the answer is yes but you will going to need to have patience and skills.

[beerlover]

shorting is very risky , increases stress thats why I left margin trading

Agreed, that's why I always admire traders who do such because they have such balls of steel since it's stressful and big market movements in a short span of time can cause them big money. You need to be always on the lookout if you are a margin trader because you need to constantly make money out of those tiny ripples that you see in the market.

The real key on trading is having a patience on transaction. Because we all know that in trading through bitcoin one should know the value or the market stock of bitcoin every transaction because through these we can know if the trade is going to be good or not. For me having a shorting trading is quite risky but all trade have risk o its better to take the risk and do your best for you to be successful that the best thing to do. And if you are thinking if it has profit the answer is yes but you will going to need to have patience and skills.

Well I would say it is an RNG  thing, something that you can’t really predict when is going to happen, the price of the bitcoin changes constantly, one minute it could change by a dollar or two or even by ten and at that moment you could make profit from trading it I know a lot of people do this and that sometimes get luck and lend a hit but they are not always successful with it, so advise if you don’t have a good experience or a good cap you should play it safe like everyone else and hold for a long term.

[dwieyani]

if anyone has an experience in shorting?
do not forget to share the same information I?

thanks.

[Marma Kalari]

Of course shorting can be profitable.  But with bitcoin?  With this amount of volatility?  I wouldn't.  I'm surprised these exchanges even allow it.

Even if you are pro trader no one dares to short bitcoin simply because of the volatile nature ,the exchanges allow these sort of trades simply because they earn the commission for each trade and if you look at    HitBTC and Bitfinex they started future trading of bitcoin unlimited  ,these exchanges are simply taking advantage of the situation .

[mindrust]

Margin trading itself is already gambling and margining on volatile markets like btc/usd is not even gambling, it is a suicide.

You can only make money if you are %100 percent sure that the prices are going to fall down and there is only one possibility for you to know that: You make the prices fall down.

[Qartada]

Shorting's risk is based on the individual.  It's only risky if you short something risky at a time which is more risky, so it's solely based on your own experience.

[dearbesz1219]

shorting is very risky , increases stress thats why I left margin trading

Yes, you are correct. But if your really sure about the prediction  that you are thinking of, shorting will give also a big profit but if you make a wrong prediction you will loss a lot in your pocket. That's the reason why others use margin trade in some other method.

[pinkpanther03]

You can only succeed in shorting trading only if you are a professional trader in margin and leverage trading. Margin trading come with it inherent risk to reward issues. You can have your entire capital wiped out as an amateur trader but the professional and skilful trader knew when to place a trade, where to get his fundamental analysis news from and using technical indicators for entries and exists plan.

Indeed, Shorting was very profitable things, and only professional traders can do that. But this is definitely dangerous too, because one move  mistake can make you wreck instantly, and you will loss everything you had for sure. Like what you said your capital can be wiped out as an amateur trader.

[sotoshihero]

Profitable? I think Yes but not that big profit like those in long term trading. In shorting, every time you  transact you pay the trading charges or fees. Also, in short trading, prices do not always rise to an unprecedented high. All I can say is short trading is excited and fun.

[traderethereum]

Profitable? I think Yes but not that big profit like those in long term trading. In shorting, every time you  transact you pay the trading charges or fees. Also, in short trading, prices do not always rise to an unprecedented high. All I can say is short trading is excited and fun.

we can short trading is exciting and fun when we can get profit but if its not, then we don't want to called short trading like that. if i were you, i won't do any margin trading because its too risky and it needs big fund to start. beside that we need to have a skill to know where the movements of the coins so we can precisely to make order sell or order buy.

[ASHLIUSZ]

If the trading volume is high even the small price variation gives a bigger and better profit. So without doubt shorting is profitable, only thing need to be concerned is the right profit margin to make continued trading. Some expect big profit and make price margins which interrupts the continuity.

[SmokerFace]

Have any of you got benefit by shorting?please share your thrilling experiences.

Shorting is very very risky if you know the coin has a potential to get higher value, i tried shorting on poloniex but i failed because the coin get rises but if you know if the coin is getting dump its good to shorting but my tip to you is just watch at your margin trade all day so if you think if the coin will pump again just close it or make a stop loss.
Goodluck!

[deddod]

Yes me, this afternoon TKN double dump, I buy 35 and sell 37 .. very fast profit.

[BluePoppy]

Shorting is definitely profitable. With bitcoins, you can think of shorting as buying fiat currency with cryptocurrency. going long would be the equivalent of buying

[JellyO]

why wouldn't shorting be profitable? If you short in the next big dump/crash, you would be able to make a lot of money. instead of buying low and selling high, you just short high and buy back low.