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Author Topic: How do you short cryptocurrencies?  (Read 11567 times)
suprex333
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February 01, 2019, 08:11:58 AM
 #41

For me crypto is like a spinning wheel when it is at the top it is sometimes also under ...
So from that know crypto don't just know at the time above but when the price starts to be under our own should try to return it to be above again..
That's how friend crypto nets are, In crypto actually anything can happen. With watuk 1 second everything can change dramatically in crypto. With that, I like crypto. Because crypto is truly extraordinary and unique.

Crypto is unique, the ups and downs are out of control, let alone trading, many heart surprises and gymnastics occur, but many like it. If you have good management and instincts of one second is a very valuable thing, it will be used well.

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trudovik
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February 01, 2019, 12:31:54 PM
 #42

Everything is very simple. It depends entirely on what is meant today. If you understand that there is a decline in the cryptocurrency industry in the market as a whole, then of course there is a real sense in starting the process of short on the exchange. But here we need a massive character.
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February 01, 2019, 01:13:36 PM
 #43

Stay away from margin trading until you know very very well what are you doing.
Does short means margin trading ? if that is the case then you are probably on a problem as marginal trading are risky. Buying on margins will generate you more loan than you got as it has interest, so you are going to pay 1.5 or double than your initial investment. Shorting cryptocurrencies? where to borrow funds so you can buy extended amounts? Is this even legit?

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February 01, 2019, 01:44:00 PM
 #44

Nethertheless today we have a few exchanges with margin trading which allow shorts and provide leverage (like bitmex or bitfinex),  but I don't use them. I convert crypto to stablecoins or fiat when I expect the falling. First - I'm not a professional trader... and the second - I don't like to be owed anything to some third party.

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February 01, 2019, 01:54:55 PM
 #45

Every actively traded coin does at least 5% gain each day and retrace as well. What I do I study some coins their trade cycle follow it up ride the swings and be fast to cut lose should it start falling price wise. Most times I average down my buy when I want to hold for a little while longer.
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February 01, 2019, 02:01:01 PM
 #46

You can short at any given moment your coin using any exchange that has your coin listed. Selling your coins for $ or for tether you are shorting it at leverage 1:1. For every cent the coin gets cheaper after your short, you get a cent profit, if you decide to long it.

I hope that's clear enough for you.

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February 01, 2019, 02:05:42 PM
 #47

For me, short cryptocurrencies are those coins that I trade every day. This does not mean that I get every day to sell the entire amount of coins and buy off the next day.
This means that I trade them every day and do not store them for a long time.
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February 01, 2019, 02:41:53 PM
 #48

These are the coins that you trade for a short time on the exchanges. Which makes no sense to keep for a long time, because they can still bring you a good profit.

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Ini35
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February 01, 2019, 03:21:38 PM
 #49

I have no idea how to do this.

Any help would be appreciated.

Most times, i do not buy coins when they are just listed. You would need to wait and see what the market dictates, buy both buyers and sellers. Although, that does not mean you should wait for too long. A coin after a week might reduce by -10x, most especially with the present situation of the market.
There are exceptions sometimes. Which mean you would need to study the project and follow their updates.
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February 01, 2019, 03:28:30 PM
 #50

For me, short cryptocurrencies are those coins that I trade every day. This does not mean that I get every day to sell the entire amount of coins and buy off the next day.
This means that I trade them every day and do not store them for a long time.
Well, one way or another, you hold them to increase the amount of Bitcoin or Ethereum in your portfolio.

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