Making a ton of money with short bitcoin futures?

[KingScorpio]

Can we make a ton of money buy going short on bitcoin now? Profiting from bitcoins downtrend? Someone tried that already

[BTCW]

Are there any instruments to short BTC/USD? If we remember correctly, Bill Gates has said he would short bitcoin if there was a way.

[KingScorpio]

Are there any instruments to short BTC/USD? If we remember correctly, Bill Gates has said he would short bitcoin if there was a way.

when there are futures there are also both short and long futures. Shall I do a study on that? If no one brings any input there are now many good reasons for bitcoin dehype

[ummart66]

You need to look at the previous price history of bitcoin, in it you'll see massive red candles and massive green candles.

Funnily enough, these candles correlate with the amount of bitcoin longs and shorts often. When the numbers of shorts seem to be getting super high, the price of bitcoin jumps up a lot, and when the amount of longs get high, the price drops.

I've read a few other people's theories that this is manipulation by exchanges so they can gain a profit during the downward trend, however this cannot be proven.

My favorite charts that have recently sprouted up are the Simpsons charts, like when the price jumps up a ton, goes a bit sideways for a bit, then drops back down. That's a classic Bart formation.

In my opinion there's way too much sketchy stuff going on with futures exchanges, and it seems like its essentially rolling a dice at this point. Way too much gambling for me.

[wtbhitlv]

I lost 2 bitcoins in a futures trade, which is very risky, and some transactions are manipulated all the time. If you intend to do so, you try not to put too much coins into it.

[hodlftw]

Are there any instruments to short BTC/USD? If we remember correctly, Bill Gates has said he would short bitcoin if there was a way.

Of course there is a way, and if they couldn't find it then they weren't looking hard enough. Visit https://www.bitmex.com/ and you will be able to leverage up to 100x. Pretty intense and do your research before entering the ring that is leveraging.

[jerjer]

IMHO, bitcoin price today is a sort of in a dip stage, so buy it is not bad. If you will hold it for long term like until 6 months or depends if when will bitcoin will bullish again then ,will be a huge profit. But its not easy, especially when you are always monitoring your digital asset. You need more patience and remove greediness. Your most enemy is yourself.

[coinwizard_]

Futures is simply another easy way to lose your bitcoins. If you enjoy gambling then it's worth it for the buzz, otherwise i'd trade more safely on the exchanges - preferably on a dex with low fees

[samuraijin]

you can do that, even if it is easy if you want to study graph analysis on MACD in the short term you can get the advantage in internal time 4H

[KingScorpio]

you can do that, even if it is easy if you want to study graph analysis on MACD in the short term you can get the advantage in internal time 4H

entire cryptographs are full of pump and dump media manipulations that the whales regularily do,

i consider bitcoin will continue losing market share ultimately becoming an annoying and irritating arrogant group of cryptocurrency freaks.

[Pearls Before Swine]

You would have done pretty well to short bitcoin a couple of months ago when it his its ATH.  Now?  I'm not sure if it's the best time to be shorting.  It's obvious bitcoin has fallen massively since then, and if it starts to soar again you're screwed if you have a short position.  Could you make money?  Absolutely, but I think it's far more risky to do so now than it was at the ATH.  Anyone with a brain could see that it got pumped up too fast and that the price wasn't sustainable.

There are ways to short it, though I have never done so.  I think some exchanges like Polo offer that.  All you really have to do is borrow some bitcoin and have the loan pegged to bitcoin and not fiat.  Not all that hard to do.

[Pan Troglodytes]

Can we make a ton of money buy going short on bitcoin now? Profiting from bitcoins downtrend? Someone tried that already

No, but you may help your broker make ton of money by shorting bitcoin. Did you know that trading is, like gambling, a game of negative expected value and the only ones that gain in a long run are the operators (brokers or casinos, depending if we talk of trading or of gambling)?

[samcrypto]

Can we make a ton of money buy going short on bitcoin now? Profiting from bitcoins downtrend? Someone tried that already

Yes of course especially if put a lot of money and do short term trading with bitcoin but don't expect higher profit if its just a small amount you'd better to play long term. Bitcoin is pumping and dumping and its a great time for an experienced trader to play with the market.

[KingScorpio]

i think the opportunity is now that its more likely that bitcoin will continue to drop and stop influencing the market in that extent.

[ljtronics1]

Its a double edge sword, do what you will, you may make tons of money and you may lose all your money, but if you think long term and keep holding crypto long term instead of fiat, it doesn't really matter right ?

[KingScorpio]

Its a double edge sword, do what you will, you may make tons of money and you may lose all your money, but if you think long term and keep holding crypto long term instead of fiat, it doesn't really matter right ?

no it does matter, because now you have the opportunity,

there are many reasons why bitcoin drops in price:

1. bitcoin futures are also now an opportunity to speculate with, we can here clearly say that the american banking cartel has successfully domesticated the wild bitcoin with their futures.
2. bitcoin has now a different situation not alone anymore but competing with more than 30.000 other cryptocurrencies for investors attention.

regards

[budismile]

I once did, with a mature calculation I get profit from bitcoin that is down trend. this is quite risky and need a bit of a be lucky because one little bit can lose.
but I suggest, better looking long term than in the short term is too risky.

[Meysa_richa]

This is a good opportunity for us to get a lot of profit from the bitcoin price drop, we can make a purchase at a cheap price and try to get a big profit.

[pooya87]

is it possible to make a lot of money shorting bitcoin?
of course it is, people have made money doing that.

can you do it too?
possibly not. there have been a lot of stories from people who have tried shorting bitcoin and lost a huge amount of money. just use google and you will find them. shorting is always 10 times riskier than simply buying bitcoin because if you buy bitcoin and price goes down you can just hold until it recovers and you make your money back. but if you short but price goes up you lose money period.
not to mention that you are shorting bitcoin which many consider the dumbest move because it is a coin that is on the rise most of the times.

[Prodigan786]

Yes but for every dump there will be one stable state where it will stable around one week then you can buy from that dip it’s strategy followed and got some good profit . For me this strategy never failed in trading luck also matters some times.

[yasuo632]

Futures investment is highly risky. Especially on many platforms, the platform itself will hedge some big investments. If you invest a lot of bitcoin into futures, the only possibility is that you will be eyeing the exchange and you will lose your currency. .

[sakahayang]

Futures investment is highly risky. Especially on many platforms, the platform itself will hedge some big investments. If you invest a lot of bitcoin into futures, the only possibility is that you will be eyeing the exchange and you will lose your currency. .

It's true, if you want to be safe then do not make short-term investments. but if you can take a high risk and want to get a quick profit, then choose a short-term investment.

keep in mind, there are some conditions if you want to make short-term investments
1. the market is in a rising trend
2. should be able to read charts
3. pray

because I have my own experience, in the first year yesterday the market was on the up trend. and I did not waste it. because the fun of short-term investment, I was lulled and forget that the market is already in the down trend. this is where my negligence, hopefully not happen to others

[yousuf123]

Futures investment is highly risky. Especially on many platforms, the platform itself will hedge some big investments. If you invest a lot of bitcoin into future.
just use google and you will find them. shorting is always 10 times riskier than simply buying bitcoin because if you buy bitcoin and price goes down you can just hold until it recovers and you make your money back. but if you short but price goes up you lose money period.
not to mention that you are shorting bitcoin which many consider the dumbest move because it is a coin that is on the rise most of the times.

[semediu]

Trader can be done in Daily, Weekly and Monthly Period. The main principle is to buy when cheap, sell when high.

[kok jujung]

why not it's very possible we just need to know the market price and make sure buy when cheap sell when expensive

[Pursuer]

there are literary 100 other ways of making a lot more money, with a lot less risk, legally and without tax. whereas when you use bitcoin futures you may need to also manipulate the market which is illegal, you will have to pay a huge tax possibly twice and it has a lot of risk involved.

one of those other ways is to trade shitcoins in short term. for example ETH is one of those shitcoins that gets good pumps sometimes. so if you wanted profit you wait for ETH dump to end and for it to reach its real value which is below $100 and then invest in it and wait for them to pump it and make a ton of money.

[Behene]

yes if you have a lot of capital you can trade daily of course with the right speculation you are a great trader

[adhikari98]

Not a good idea going short on bitcoin futures if price suddenly increases. No one knows when price decrease or increase. So, it is hard to go short on bitcoin futures. It is safe not to go short unless you want to loose your hard earned money or bitcoins.

[alihassan99]

buy bitcoins when there is a huge dip. and sell it when you think its profitable for you... if you want to make tons of money then invest in alts and get a bigger profit

[Calantha5635]

Can you make money? Anyone with a brain can see that it is pumping too fast and the price is not sustainable. I think some exchanges like Polo offer that. Not all that hard to do. There are many reasons why bitcoin discount, bitcoin now has another situation not alone but compete with more than 30,000 other electronic money for investors attention.

[ambisyon]

Those btc investors who has been investing with btc for a longer time has been successful with their investment since they had bought btc when it was still at a very low price. Now, BTC had further increased it's value and as a result these investors were able to successfully gained promising profit. I believe that for newcomers in this field, they should consider buying btc during bear market and better sell when btc is in bull market.

[btc_angela]

Can we make a ton of money buy going short on bitcoin now? Profiting from bitcoins downtrend? Someone tried that already

Possible. We have seen the price goes on a recovery mode, +/-$1K but then all of a sudden the price goes goes down. I think that speculators and day traders and manipulators are doing this for several months now that's why its really hard for the market to recover and the bull run that we all have been waiting is not happening.

[mekie]

Yes it's possible using a large amount of fiat to fund your account -many commodity and currency trading sites now list Bitcoin. However you could lose all your capital and incur very substantial liabilities especially if you use high gearing such as 100-1. 

[dovedove]

You can also do it, there are a lot of stories from people who have tried shortening the bitcoin and losing a huge amount of money. Shorting is 10 times more risky than buying a bitcoin because if you buy bitcoin and the price goes down, you can only keep it until it recovers and you get your money back. Not to mention that you are missing the bitcoin that many consider the stupidest move because it is a rising coin most of the time. Especially on many platforms, the platform itself will invest a large amount of investment. Just use google and you will find them. Not to mention that you are missing the bitcoin that many consider the stupidest move because it is a rising coin most of the time.

[stayeduptolate]

Can we make a ton of money buy going short on bitcoin now? Profiting from bitcoins downtrend? Someone tried that already

From the very beginning, I am saying the same statement over and over that bitcoin is very huge and very potentiating crypto currency and bitcoin has the potential to provide very good profit in very short span of time and this potential of bitcoin was indigestible for the people a decade ago and started calling it a Ponzi scheme but when they they saw few people becoming bitcoin billionaires then they realised their mistakes and are repenting that why they hadn’t invested that time so there is still the chance to invest in bitcoin as it has the potential to provide very good profit in very short span of time.

[vit05]

KingScorpio on May 30, 2018

Funny, but in the day this topic was created Bitcoin price was

May 29, 2018   7.129,46   7.526,42   7.090,68   7.472,59

So the simple answer was, Yes, you could make some money if you have short Bitcoin on that date on bitmex.

bitmex reference

[maulana rifai]

there are literary 100 other ways of making a lot more money, with a lot less risk, legally and without tax. whereas when you use bitcoin futures you may need to also manipulate the market which is illegal, you will have to pay a huge tax possibly twice and it has a lot of risk involved.

one of those other ways is to trade shitcoins in short term. for example ETH is one of those shitcoins that gets good pumps sometimes. so if you wanted profit you wait for ETH dump to end and for it to reach its real value which is below $100 and then invest in it and wait for them to pump it and make a ton of money.

the way you give is really very good. I will add my knowledge about getting profit in bitcoin, you can also join the bounty campaign because the bounty campaign can give you coins, without having to spend big capital. I emphasize that you have to be careful in starting investment because values always move at any time.

[Siren]

Can we make a ton of money buy going short on bitcoin now? Profiting from bitcoins downtrend? Someone tried that already

You can make money tons of money if you have tons of capital because the trend now is ups and downs but with only small percent with 1-3% per buying since thats the growth only bitcoin can have nowadays

But remember the risk of losing is alsa larger because of the movement that unpredictable and fast ups and drops in value

[Onah]

Can we make a ton of money buy going short on bitcoin now? Profiting from bitcoins downtrend? Someone tried that already

Yes.
As the hype is getting back, I believe whoever buy now will not regret 3, 4 months later from now.
If you planned on getting some profits, I think it would be right now for you to do it.

[iamMhew]

if you have both luck and knowledge to study the situation, i think you can,  because like you mentioned as a short bitcoin future, you cannot get tons of money with that, bitcoin investment is worth for long term and not for short, unless you are doing a day trade and has a good capital to start with, and also with 100% luck and knowledge about the coins/tokens you choose for trading.

[hdtqisg]

Can we make a ton of money buy going short on bitcoin now? Profiting from bitcoins downtrend? Someone tried that already

I really do not understand your idea! The technical money market is developing very strongly! Very attractive to invest! It is important to use the right investment plan from time to time!

[MMS2017]

Speculator do it for this but it is gambling in this game some time they win while some time they loss much of amount in speculation but if you want to take some risk and you invest in bitcoin if the price rise in short time then you can earn ton of money in short futures.

[MI6]

Can we make a ton of money buy going short on bitcoin now? Profiting from bitcoins downtrend? Someone tried that already

I really do not understand your idea! The technical money market is developing very strongly! Very attractive to invest! It is important to use the right investment plan from time to time!

Maybe he talk about margin, from bitcoin downtrend we can do short and take profit with that. I think this thing can happen but have risk too. Just make sure it is really down trend and bitcoin price keep down and down.

[V1saya]

I doubt it is easy money shorting bitcoin. Especially right now that support is solid and is looking anytime for breakouts. And the possibility to get burned into margin trading is too risky unless you are fully equipped with technical skills.  

[btctrader69]

Are there any instruments to short BTC/USD? If we remember correctly, Bill Gates has said he would short bitcoin if there was a way.

Use https://www.bitmex.com/register/UK6lrB it gives u many many choises for btc/ltc/eth/eos/xrp
and feel free to use my ref and enjoy -10% on fees thnx!

[coinwizard_]

I wouldn't risk it unless i was a retired millionaire who can spend all day studying the charts and can quickly dump / buy at the first signs of mass movement. Bitmex is great for gambling addicts but it is easy to be drawn in a lose everything

[Ava Duvall]

Not a good idea going short on bitcoin futures if price suddenly increases. No one knows when price decrease or increase. So, it is hard to go short on bitcoin futures. It is safe not to go short unless you want to loose your hard earned money or bitcoins.

no one knows but we can predict the changing of the price so that helps out a lot when deciding to sell or hold

[Pan Troglodytes]

Not a good idea going short on bitcoin futures if price suddenly increases. No one knows when price decrease or increase. So, it is hard to go short on bitcoin futures. It is safe not to go short unless you want to loose your hard earned money or bitcoins.

no one knows but we can predict the changing of the price so that helps out a lot when deciding to sell or hold

if anybody could predict that, that person already would have been the richest man on Earth. What you mean is speculate, not predict, and there is a long way from speculating on something to predicting something.

[yurekaa]

in my opinion we can do that but we need substantial initial capital because we have to have bitcoin assets so we can trade. or we can start by buying some altcoins that are cheaper than bitcoin in order to start trading. so that the profit we get can be used for bitcoin investment.

[primeminer]

in my opinion we can do that but we need substantial initial capital because we have to have bitcoin assets so we can trade. or we can start by buying some altcoins that are cheaper than bitcoin in order to start trading. so that the profit we get can be used for bitcoin investment.

Bitcoin investment does not have to spend a lot of capital, which must be understood when buying market prices decline and sell when the market goes up so you will get a profit. and remember do not rush to make a decision if the price has decreased to make a sale, save until the price actually rises.

[coinwizard_]

If i had some spare cash to basically throw around then i would try my luck at bitmex. It does bitcoin and altcoins and is the easiest way to short profit from trading. However, it's not recommended for gambling addicts, you might lose it all

[Johnzky]

Can we make a ton of money buy going short on bitcoin now? Profiting from bitcoins downtrend? Someone tried that already

Yes we can profit in downtrend since bitcoin is keep on falling and growing meaning theres a possibility to gain money,but Tons?Lol thats a shit thing to expect man,because to gain tons of money you must invest billions of capital so if you gain even %2 is enough to called tons of gain and but if you have nothing then better stop fooling around and make your homework’s lol

[Pan Troglodytes]

Can we make a ton of money buy going short on bitcoin now? Profiting from bitcoins downtrend? Someone tried that already

Yes we can profit in downtrend since bitcoin is keep on falling and growing meaning theres a possibility to gain money,but Tons?Lol thats a shit thing to expect man,because to gain tons of money you must invest billions of capital so if you gain even %2 is enough to called tons of gain and but if you have nothing then better stop fooling around and make your homework’s lol

No, you don't have to invest tons of money to profit from downtrends, same as you can profit from uptrends without investing tons of money, why?

[shanghai]

Even if you are a billionaire, you can not earn a bit on Bitcoin overnight. Bitcoin grows slowly not just a few days. Bitcoin growth, however, is due to user demand for Bitcoin to increase.

[Naughty Princess]

Can we make a ton of money buy going short on bitcoin now? Profiting from bitcoins downtrend? Someone tried that already

Maybe the someone who tried it has done strong analysis on the market and put all the funds to invest on bitcoin which is good time that the price goes high. From the downtrends it is possible to happen to make ton of money when you ready to take risk all what you have because the year is about to end and we believe that the price grows like before that increase a half which really gives ton of profit.

[PanGiMoon]

It would be all right if the above would come true, but until it is not necessary to think about it, you need to act now, and do everything to achieve their common goal for the profit of resources.

[CodyAlfaridzi]

Can we make a ton of money buy going short on bitcoin now? Profiting from bitcoins downtrend? Someone tried that already

Yes we can profit in downtrend since bitcoin is keep on falling and growing meaning theres a possibility to gain money,but Tons?Lol thats a shit thing to expect man,because to gain tons of money you must invest billions of capital

Or simply set the leverage to 100x on Bitmex That way, you could make a position of $100,000 with only $1,000. If the market move as you expected, then you'll get tons of money, practically out of a small $1,000. Just kidding, I don't recommend making a trade with very high leverage as Bitcoin is very volatile. With such high leverage, you can get liquidated from a random spike that often occur in crypto market.

Anyway, yes, the only way to make money during this bear trend is only from short position, in my opinion. Just trade with 3-5x leverage you can already make considerable amount of profit. Make sure you do your analysis thoroughly.

[pumbum]

this is called trading on the downside and has already brought income to many, so this is not news)

[Micerker]

Can we make a ton of money buy going short on bitcoin now? Profiting from bitcoins downtrend? Someone tried that already

Have you thought about risk if what you want does not happen? You can earn a large sum of money from Bitcoin in the short term, and you can also lose a similar amount if it falls. Bitcoin is like a knife, and you can bleed at any time if you are not careful.

[kenel]

many who trade on the decline and earn money, but it is a pity that this is a very risky idea, in order to be in the black you need to monitor the market around the clock

[131tc01n]

it is very possible if every speculation or analysis that you do is right, because short-term trading that utilizes every reflection needs hard work and strong thinking, you can lose half your money quickly if your speculation is wrong

[Ale75Opus]

First of all, you should always remember that there are huge risks in this market. And no one knows for sure, you will earn a lot of money or just lose a lot. You just have to trust your intuition and believe in the best.

[Ale75Opus]

it is very possible if every speculation or analysis that you do is right, because short-term trading that utilizes every reflection needs hard work and strong thinking, you can lose half your money quickly if your speculation is wrong

And I want to add that short-term trading requires a quick response and constant monitoring. If you are a little late, you will miss the chance and lose a lot

[glowing10]

many who trade on the decline and earn money, but it is a pity that this is a very risky idea, in order to be in the black you need to monitor the market around the clock

It is risky idea unless you are pretty sure and know the good understanding about the market should avoid the futures as hugely volatile market it can go anywhere and you could fall in danger of losing lot of money placed on it.

[udidrone]

Can we make a ton of money buy going short on bitcoin now? Profiting from bitcoins downtrend? Someone tried that already

Have you thought about risk if what you want does not happen? You can earn a large sum of money from Bitcoin in the short term, and you can also lose a similar amount if it falls. Bitcoin is like a knife, and you can bleed at any time if you are not careful.

We hope OP already get profit with that because this thread created few months ago. If he do short on bitcoin, maybe he already take profit because bitcoin price keep decreased after may.

[KingScorpio]

Can we make a ton of money buy going short on bitcoin now? Profiting from bitcoins downtrend? Someone tried that already

Have you thought about risk if what you want does not happen? You can earn a large sum of money from Bitcoin in the short term, and you can also lose a similar amount if it falls. Bitcoin is like a knife, and you can bleed at any time if you are not careful.

We hope OP already get profit with that because this thread created few months ago. If he do short on bitcoin, maybe he already take profit because bitcoin price keep decreased after may.

nope i didnt bought bitcoin futures but i think they are still an opportunity to buy to earn a lot of money,

when i published this (30) may bitcoin was at arround 8k

then it dropped below 6k

with bitcointalk and coinmarketcap losing 11% viewers per month

it is a very good assumtpion that bitcoin price will fall and bitcoin short futures are profitable nevertheless cryptomarket will stay.

regards