Short now = make lots of money?

[Xenrise]

Buying and selling thr bitcoins too often in the short term will give profits as well as loss depends on how good you are doing and it is called as day trading

Day trading is not always short term trading. But short term trading is sometimes day trading. Short term trading can be in a span of hour to 1 week.

And if you'll do day trading, it is not advisable for you to do that especially now. It's because the market isn't stable right now. If it is, then you can do that more often.

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[ricardobs]

I can't say for sure that you will make a lot of money all the time from short selling, but it can actually give you money.

This is the trick I make use of and it always work all of the time, I trade between normal crypto coin like btc with stable coins like tether, once I see that there is going to be a dump in the price of a coin even if it's little, I immediately swap from that coin to tether and then swap back when the dip has happened already thereby giving me profit.

[Kasabus]

I can't say for sure that you will make a lot of money all the time from short selling, but it can actually give you money.

IMO, shorting the market now is a bad decision.
There's no more big downtrend anymore and looks like the market is already set for full recovery.
Anytime I have a feeling crypto will once again explode and we will see pump everyday, it's just not a good time to short now, the trend does not says at all.

[GreatArkansas]

I hate shorting the market, especially exchanges with leverage or future contracts.  Looks like you are eager to earn 'lots of money' as the title of your thread says, then it is okay shorting the market. Longing or shorting the market is the same profits, it depends on how will you plan your trade, planning your entry price, exit price and most important, the stop loss.

[Noa_Amable]

There is no accurate technical analysis in cryptos my friend. Anything can happen to the BTC price in the next 24 hours. It's purely based on hope, manipulation and speculation.
Luckily the BTC price is now volatile once again. Just notice the sudden deeps, Where the price seems to have settled up a bit is where you make an entry and set your sell target( not so high of course) To me 2-5% gains is enough in this bearish market because if you try to be greedy, You will loose everything.
Also never forget to set a stop-loss in case the price doesn't rise to your expectation.

it could be truth though why not to trade it?

[kkaroul4]

Buying and selling thr bitcoins too often in the short term will give profits as well as loss depends on how good you are doing and it is called as day trading

Day trading is not always short term trading. But short term trading is sometimes day trading. Short term trading can be in a span of hour to 1 week.

And if you'll do day trading, it is not advisable for you to do that especially now. It's because the market isn't stable right now. If it is, then you can do that more often.

that's right what you say because to get big results in a fast time like daily trading it can't be because the coin experiences a rapid price increase it won't be able

[gabmen]

I can't say for sure that you will make a lot of money all the time from short selling, but it can actually give you money.

IMO, shorting the market now is a bad decision.
There's no more big downtrend anymore and looks like the market is already set for full recovery.
Anytime I have a feeling crypto will once again explode and we will see pump everyday, it's just not a good time to short now, the trend does not says at all.

Well not really a bad decision. It really depends if the person trading is experienced enough to actually make profits from shorting. I know a lot of people can't seem to grasp that concept and a lot also who are making good money out of it.

[rose9696]

Hi,

I have no experience short selling but I debate shorting now. Good idea? Anyone with experience? BTC seems overbought...

I think you should buy coins for exchanges. now many IEO projects are being implemented and the coins of exchanges are being welcomed by many investors. Big exchanges like BNB, Huobi, Okex, Bibox, are being bought and hold by investors. surely its price will increase from 20-25%.

[BlueStackz]

I think you should buy coins for exchanges. now many IEO projects are being implemented and the coins of exchanges are being welcomed by many investors. Big exchanges like BNB, Huobi, Okex, Bibox, are being bought and hold by investors. surely its price will increase from 20-25%.

This is the great revival most of us have been waiting for and for now, it is really working and building lots of confidence of investors back with the projects being funded through exchanges IEO.

Most of these coins  started showing signs of increase the moment they are launched and bought but I don’t think we have so many projects being listed because I can only count four that Binance being the biggest exchange has already carried out successfully, though I have not checked other exchanges you have mention, Binance is the major exchanges I have been using from onset for my exchanges and holdings.

It is better to commit funds in these exchanges IEO than short selling.