Why you shouldnt be shorting

[kipozer]

I completely agree with the fact that short-term orders are very risky, especially if you do this during the correction period, in the community generally do not greatly respect this kind of action as far as I understand it

[Hueristic]

The only coin I've ever got burned on shorting is ETH and that's because that market is completely irrational even compared to alts in general!

[kipozer]

Probably it should be added that short-term investments are not a way to earn money, it's probably more like a casino or something related to gambling. That in its essence does not apply to crypto-currencies, because each crypto currency has its own way.

[TimtheYoutuber]

The only coin I've ever got burned on shorting is ETH and that's because that market is completely irrational even compared to alts in general!

I certainly wouldn't short ETH. Think about a coin like Bitconnect, I wouldnt even recommend shorting it because look how long it took for people to actually figure out it was a scam and for it to crash. The market is insane right now.

[shnyrutti]

If you dont understand marginal trading, check out my Medium Post: Understanding Marginal Trading.


I see a lot of people are interested in shorting, however I would advise against it. The market is acting irrational, and people are investing in obvious "shit coins". Shorting a coin that you think is over evaluated is not a good idea, because it can continue to be over evaluated, tons of people are investing in awful coins that have NO utility. So even if you are right, you are playing a dangerous game and when you factor in risk management it likely isn't a good idea. Thoughts?

Firstly marginal trading is already a very risky thing to do and i agree that every minute the BTC market can behave either up or down..... but i will suggest that if you want to short, do your homework well before you want to execute any move.

[TimtheYoutuber]

If you dont understand marginal trading, check out my Medium Post: Understanding Marginal Trading.


I see a lot of people are interested in shorting, however I would advise against it. The market is acting irrational, and people are investing in obvious "shit coins". Shorting a coin that you think is over evaluated is not a good idea, because it can continue to be over evaluated, tons of people are investing in awful coins that have NO utility. So even if you are right, you are playing a dangerous game and when you factor in risk management it likely isn't a good idea. Thoughts?

Firstly marginal trading is already a very risky thing to do and i agree that every minute the BTC market can behave either up or down..... but i will suggest that if you want to short, do your homework well before you want to execute any move.

Yes of course I am going to wait a long time though before I marginal trade. The market needs to calm down a bit.

[Hueristic]

The only coin I've ever got burned on shorting is ETH and that's because that market is completely irrational even compared to alts in general!

I certainly wouldn't short ETH. Think about a coin like Bitconnect, I wouldnt even recommend shorting it because look how long it took for people to actually figure out it was a scam and for it to crash. The market is insane right now.

I had to hold an ETH short for 3 months and had to buy my margin up a few times but I eventually got paid. It was hairy a few times but everything that goes up must come down eventually.

[Olena9797]

I counted that just holding coins i earn more than i tried to short) You have understand what are you doing and have a lot of time to spend enough on market. But if you are good in it so why not?

[TimtheYoutuber]

You explain the things very well. I am fully agree with your views. But how to identify undervalued coins.

I think it is necessary to find some additional articles on the Internet to find the answer to your question or to get interested in specialists in this matter

My article covers alot of it. Of course you should do more research, but I think my Medium post is a good start.

I counted that just holding coins i earn more than i tried to short) You have understand what are you doing and have a lot of time to spend enough on market. But if you are good in it so why not?

Even if you are making money right now, you arent making intelligent trades. The market is very irrational, and so your risk management is not in a good position. I wouldn't say you are getting "lucky" but you are not making smart choices. Until the market calms down, and coins like Bitconnect arent getting $2b in funding marginal trading really shouldnt be attempted.

[orka39]

we must evaluate whatever we are going to do.
because otherwise we only get the loss of all the foolish acts we do
I suggest to kitan play safe in trading
because losing money from trading is very painful because we can not play our fund as in gambling

You are right, we can not risk our fund which is very important to our family just is trading.
Do everything that we have the evaluation first because its very important to do.

[Revelatum]

Hahaha shorting in a market like this would be absolutely stupid.. lol

[lumeire]

The market is very irrational, and so your risk management is not in a good position. I wouldn't say you are getting "lucky" but you are not making smart choices. Until the market calms down, and coins like Bitconnect arent getting $2b in funding marginal trading really should'nt be attempted.

I understand where you're coming from, but in this space, the markets won't calm down, or may do so just for a short while then it's back to crazy again. It's still the wild west. So actually, if you can manage the risk, and you're doing well with shorting, then why not?

[Red_Sanford]

I agree and wouldn't think of shorting because it may never go down to the point that you shorted at.

On the other hand in this market I would feel comfortable going long because given enough time I think most coins will rise again (assuming you are going long on a solid coin) it's just a matter of how much interest will you be paying until it reaches a profitable position again

[Hueristic]

I agree and wouldn't think of shorting because it may never go down to the point that you shorted at.

On the other hand in this market I would feel comfortable going long because given enough time I think most coins will rise again (assuming you are going long on a solid coin) it's just a matter of how much interest will you be paying until it reaches a profitable position again

this is true I was long during the BCC fork and it cost me max for about a week when all the lending dried up. I found out the hard way when I got home that Plo doesn't renew at the amount you set and even then doesn't auto renew when a lower rate appears. I was pretty pissed at that. Max interest there can kill you.

[Heronzkey]

it really is necessary that you should not be satisfied with the shortest of the time you enter into a business and the signature campaign and whatever else you will get, just as you can.

[jan.nicolas]

Most likely you can deal with short-term investments or perhaps better call it the opening and closing of orders on coins or tokens that have a regular sinusoid in the chart, but there is always a possibility that it will go down and it will fall, so it is very difficult to be sure.

[Hueristic]

it really is necessary that you should not be satisfied with the shortest of the time you enter into a business and the signature campaign and whatever else you will get, just as you can.

ARE YOU A BOT?

[TimtheYoutuber]

it really is necessary that you should not be satisfied with the shortest of the time you enter into a business and the signature campaign and whatever else you will get, just as you can.

ARE YOU A BOT?

BEEP BOOOT

[Adam_Smith]

Thank you author, for this article. It is always pleasant to meet a person who will share his experience and even clearly tell. at least with a link and to another site ... but thanks =)

[felipe04]

OP There's no need to do it for me also because before the price of the coins here become really high but it's take time so i say you only need to buy/sell in that time even no margin you can easily click you phone to sell.I think there's no need to margin your coins because the price is really volatile so for me ig depends of the situation of the coins like if the coins stay only in the price of 0.004 btc to 0.0048 btc only.