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Author Topic: Short now = make lots of money?  (Read 821 times)
anobtc
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January 18, 2019, 02:53:43 PM
 #61

The fact is that in the market going down from the beginning of 2018 until now, trade following the market trend is always profitable. I think from now until Lunar New Year, the BTC price will still decrease, we can short.

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January 18, 2019, 03:23:42 PM
 #62

When it comes to the short option, there must be some indication from the market that it is going to fall for sure. It doesn't make any sense to randomly put chips on the table and blindly select the prediction. I have seen experienced investors also losing the money while the bearish market is in its full swing. Such a situation won't allow much freedom as the market keeps fluctuating in particular price band.
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January 18, 2019, 06:16:11 PM
 #63

I don't know what to say but maybe still can be made a profit this days if have enough money and make trades daily. I not trade so much these days and will be better to wait in my opinion until the bitcoin will grow at least 2x.
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January 22, 2019, 01:49:31 PM
 #64

It's better to wait untio the market will recover again soon at this days no short sells that you will always see. Because everyone want to hold until they recover their money how much they lost.
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January 22, 2019, 03:38:33 PM
 #65

short is very risk to me i always hodl its safe and we get get big profit
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January 22, 2019, 04:19:08 PM
 #66

Hi,

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

Overbought it doesn't mean good idea to buy because you should know when the price goes up and how you can deal if the price goes down more deeper. Read the trend is the most important analysis before enter the market and suggest you to do that, short/ long strategy it doesn't matter just read the trend first, agree?

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PuertoLibre
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January 22, 2019, 04:48:49 PM
 #67

Hi,

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

Overbought it doesn't mean good idea to buy because you should know when the price goes up and how you can deal if the price goes down more deeper. Read the trend is the most important analysis before enter the market and suggest you to do that, short/ long strategy it doesn't matter just read the trend first, agree?
Proven fact suggests to be friend with trend and experienced traders never think to open a position against trend. I am not agree with the definition of 'overbought' which created by useless indicators. Naked price chart is best to follow price action without other tools that tells you do x if y happens.
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January 23, 2019, 03:38:09 AM
 #68

don't rely on oversold and overbought conditions, just pay attention to divergence between the price and oscillators, and i would be glad if u used my link and get a discount on fees https://www.bitmex.com/register/tBdNlr
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January 23, 2019, 05:18:48 AM
 #69

short is very risk to me i always hodl its safe and we get get big profit
true. You can make money only on it despite of the situation unless if you have very certain strategy with it or an expert mentor to avoid losses or risky situation.  Well if you don't have that or even a experience stop dreaming that you can make money in short term ! hold instead to prevent regrets for the safety of your money. 
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January 23, 2019, 06:19:31 AM
 #70

Proven fact suggests to be friend with trend and experienced traders never think to open a position against trend. I am not agree with the definition of 'overbought' which created by useless indicators. Naked price chart is best to follow price action without other tools that tells you do x if y happens.
But, you cannot ignore the fact that crypto trading is completely different from other types of trading. Because, it is proven that buying and holding is profitable always whereas no other type of trading is not providing this kind of promises. By considering these, I believe shorting will be never profitable in crypto trading because you are just trading against the basis and nature of cryptos. Hence, there will be no point of debating about trading the trend here.

You can make money only on it despite of the situation unless if you have very certain strategy with it or an expert mentor to avoid losses or risky situation.  Well if you don't have that or even a experience stop dreaming that you can make money in short term !
A well tested strategy or trading under mentors will be helpful for any trader to make money for any kind of market situations not just especially for down trend market conditions. I mean to say there will be no special skill is needed for shorting but it is same as for all market conditions.

Quote
hold instead to prevent regrets for the safety of your money. 
Holding is a proven way of making easy money with crypto trading and this must be the right time to buy more for the sole purpose of holding for long term. Hope many people are making use of this current downfall situation of crypto space.
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March 18, 2019, 01:45:12 AM
 #71

Yes you was right, if you did it since you made this post you been make alot of money. Learn from this price action, we should be also have strategy when best times to shorting BTC because the price will never all the times bullish.

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March 18, 2019, 02:01:53 AM
 #72

First you think and decide that What do you really want to do, Then you can deeply monitor all the markets If you want you can get help of a good trader, The decision that you take after seeing everything can sometimes go against you, But you have to judge it fairly Moreover, you will face Los.
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March 18, 2019, 07:41:53 AM
 #73

I don't know what to say but maybe still can be made a profit this days if have enough money and make trades daily. I not trade so much these days and will be better to wait in my opinion until the bitcoin will grow at least 2x.
Waiting Bitcoin to grow by 2x from its current price is considered as investing. If you're really strategic enough and you have knowledge in trading, it's better to use your BTC while you're waiting it to multiply by two so that you can still make profit even if it's moving in sideways pattern.
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March 18, 2019, 02:52:49 PM
 #74

I don't know what to say but maybe still can be made a profit this days if have enough money and make trades daily. I not trade so much these days and will be better to wait in my opinion until the bitcoin will grow at least 2x.
Waiting Bitcoin to grow by 2x from its current price is considered as investing. If you're really strategic enough and you have knowledge in trading, it's better to use your BTC while you're waiting it to multiply by two so that you can still make profit even if it's moving in sideways pattern.
But when I read his post on the first page about "short," I only think about the margin trading which is very difficult to trade if we only have less knowledge. I might suggest to OP to learn more about trading, and then start to do basic trading until he understands how to get the right price. And when he already knows that, then he can move into margin trading but only use small money for learning margin trading. I would agree if he were only saving his bitcoin without trading because that is the safest way he can do right now if he doesn't have information at all.

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March 18, 2019, 03:12:22 PM
 #75

short is very risk to me i always hodl its safe and we get get big profit
If you are very much into future trading then it is a good option if you can predict the price, i know a few people that made a lot of money in this market with future trading and i have not personally done that yet because of lack of confidence, but i would try once we see another bull run and see how it goes rather than risking when there is no clear direction on how the market goes.
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March 18, 2019, 05:11:50 PM
 #76

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, nothing gives easy money you need to give the effort to make your money from trading as well.
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March 18, 2019, 08:54:04 PM
 #77

The most important thing is not to put to itself the purpose to earn money right now. Focus on gaining skills and experience. If you are a beginner I would advise you to try a scalping strategy. But in parallel, it is also necessary to study technical and fundamental analysis.
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March 18, 2019, 09:51:01 PM
 #78

There is no point to sell after a huge fall. But of course it depends on terms that you are trading. I see that you are more into medium terms.
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March 19, 2019, 03:34:23 PM
 #79

You can still do short selling now, but it always based on your indicators and technical analysis. Trading right now is good just find a better entry, timing is the key. Hope you understand what I'm saying. Whatever your trading strategy is, remember that trading with short or long will be profitable just integrate appropriate analysis.
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March 19, 2019, 03:50:05 PM
 #80

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, nothing gives easy money you need to give the effort to make your money from trading as well.
You need to add more knowledge regarding to this activity in order to make a good position and have a good daily profits, you need to be
more familiar in every events that trends might change in order to take advantages placing your positions inside the trading places, there's
always risk and it's not an easy access to a quick money making scheme.

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