Is it worth margin trading Bitcoin now?

[UserU]

Seeing Bitcoin nearly at it's ATH, I'm planning to go short but that means I'm gonna end up with way less BTC now. (e.g. $25 = less than 0.0015 BTC)

[Fesatmas]

Don't worry, in my opinion it is possible if in the next few days the bitcoin price is even higher. ATH is only the biggest price comparison,
It's still the start of the 3rd halving, and you still have a chance.
but it comes back to you. if you have had enough and have made a profit, I think there is nothing wrong with selling.

[Insanerman]

Seeing Bitcoin nearly at it's ATH, I'm planning to go short but that means I'm gonna end up with way less BTC now. (e.g. $25 = less than 0.0015 BTC)

HOLDING is the current preferable (based on my analysis of course) way of gaining profit today. With the demand being so aggressive and the weakhands being so afraid that the BTC might fell deep down again, I guess long plays are better in this current situation of the market. Many analysists also sees the movement of Bitcoin being back and same as it was before the boom and uptrend of the 2017, hence would describe why holding/longing it would be better. If you really were a good trader, shorting it would be somehow tough but you should be knowledgeable with reading the market's flow.

[CryptopreneurBrainboss]

HOLDING is the current preferable (based on my analysis of course) way of gaining profit today.

Not your analysis though but a widely accepted fact in the community. Holders are believers who believe in the future of the project they're investing into which is why they're willing to hold and exercise patience with the project development. There's a higher percentage chances of been profitable when you hold than trade so I'll be of the opinion, OP should abstain from shorting bitcoin.

We're barley few thousands of dollars away from the highest peak price of bitcoin. Chances are they'll be a continuous increased when that is achieved since it'll bring about fomo into the market, why throw all that opportunity to gain more profit sway. The shorting can come after the ATH has been surpassed and New higher ATH is set.  Doing that right now might just not be the best decision.

[Luzin]

HOLDING is the current preferable (based on my analysis of course) way of gaining profit today. With the demand being so aggressive and the weakhands being so afraid that the BTC might fell deep down again, I guess long plays are better in this current situation of the market.

Traders have their own techniques. There are fast traders, intermediate traders and holders traders, all of whom have targets and backup plans. For me, the holder is a difficult thing, must have a strong mentality of reserve funds and anti-liquid for margin players. But for the spot it is different he will not lose (as long as it is not delist stolen) maybe only a price drop. To say it is worth it or not depends on your decision making because the volatility price of BTC is very high, so the risk of loss is always there.

[maydna]

Seeing Bitcoin nearly at it's ATH, I'm planning to go short but that means I'm gonna end up with way less BTC now. (e.g. $25 = less than 0.0015 BTC)

If you use only small money, that will be okay because you will not risk too big money to do margin trading. But it is better to wait for a while until bitcoin can get a high price, then you can place your short in margin trading. Or you can do that now if your analysis says that after this hour, the situation will change and make the price goes down.

But I guess the correction will not happen too deep because the price seems to want to break $19k, but who knows, if you short bitcoin now, the price will go down, so you can make a profit. I hope you can analyze more to get more signs or something like that to help you get the right time to do short.

[UserU]

HOLDING is the current preferable (based on my analysis of course) way of gaining profit today. With the demand being so aggressive and the weakhands being so afraid that the BTC might fell deep down again, I guess long plays are better in this current situation of the market. Many analysists also sees the movement of Bitcoin being back and same as it was before the boom and uptrend of the 2017, hence would describe why holding/longing it would be better. If you really were a good trader, shorting it would be somehow tough but you should be knowledgeable with reading the market's flow.

Not your analysis though but a widely accepted fact in the community. Holders are believers who believe in the future of the project they're investing into which is why they're willing to hold and exercise patience with the project development. There's a higher percentage chances of been profitable when you hold than trade so I'll be of the opinion, OP should abstain from shorting bitcoin.

We're barley few thousands of dollars away from the highest peak price of bitcoin. Chances are they'll be a continuous increased when that is achieved since it'll bring about fomo into the market, why throw all that opportunity to gain more profit sway. The shorting can come after the ATH has been surpassed and New higher ATH is set.  Doing that right now might just not be the best decision.

I wouldn't call myself a pro, but I feel the price has been rising so much so it has to be "healthy" again with some correction. Many of the traders, myself included got burned during the 2018 crash so now I'm planning to play safe.

Remember that we're nearing the end of the year so there are Black Friday and Christmas sales to take note. That's when people are gonna realize their profits and you know, I know where things are going to head to.

If you use only small money, that will be okay because you will not risk too big money to do margin trading. But it is better to wait for a while until bitcoin can get a high price, then you can place your short in margin trading. Or you can do that now if your analysis says that after this hour, the situation will change and make the price goes down.

But I guess the correction will not happen too deep because the price seems to want to break $19k, but who knows, if you short bitcoin now, the price will go down, so you can make a profit. I hope you can analyze more to get more signs or something like that to help you get the right time to do short.

Don't worry, in my opinion it is possible if in the next few days the bitcoin price is even higher. ATH is only the biggest price comparison,
It's still the start of the 3rd halving, and you still have a chance.
but it comes back to you. if you have had enough and have made a profit, I think there is nothing wrong with selling.

Yup, that's what I plan to do by just buying some Bitcoins (0.0013) and short it at around the mid-17K range because like the market, there has to be some corrections.

I guess that's when the leverage comes in.

[Salauddin1994]

Trading cryptocurrencies can be a highly profitable experience due to the speculative nature of the asset class the price of digital assets can be extremely volatile over time and fluctuate widely it is not uncommon for cryptocurrencies to rise and fall by more than 20% in a single day or week. But now it is very profitable to hold bitcoin the chances of losing are much lower and the price is much higher the risk is higher in margin trading short margin requirements and both rising and falling prices are more likely to be lost if there is no good idea for business viability.

[Akiko]

Seeing Bitcoin nearly at it's ATH, I'm planning to go short but that means I'm gonna end up with way less BTC now. (e.g. $25 = less than 0.0015 BTC)

It's only depend on what will be the reason for you to buy bitcoin?

If you are only looking for short term gain then that 25$ is not enough if you are looking for high gain then you need to add more funds like 300$ and up so if the market continue to give good sign you will earn also good profit.

For long term investment if you can buy weekly Bitcoin even it's just small amount that's better than waiting for small amount capital you use to have  gain in trading.

[Wind_FURY]

OP, "go short" next year, when Bitcoin is finally priced in its new highs at 6 digits. Then short it down to it its new lows of $30,000.

But honestly, don't short it. 90% of traders lose to the 10% winning traders. HODL.

[tranthidung]

Seeing Bitcoin nearly at it's ATH, I'm planning to go short but that means I'm gonna end up with way less BTC now. (e.g. $25 = less than 0.0015 BTC)

Short answer: If you ask the question, you should not use leverage or margin trade to either short or long bitcoin.

Long answer:
You can always short bitcoin but you have to know what you are doing

• Why you short bitcoin at a specific price? Why do you choose that price to short it?
• With each specific entry price, you might have reasons for it and have calculation and the calculation will be connected with the leverage you use.
• Window time to take profit or exit the order (no matter it is a win, loss, or draw). Your calculation will be based on some factors and it will not last forever.

Summary: Make calculations and use factors (parameters) for your calculation to have entry price, leverage, and window time to close your orders.

I advice you to not use leverage or margin trade because you don't know what you are doing. Just to be safe and to protect your money. Cheers. 

[LimLims]

Don't worry, in my opinion it is possible if in the next few days the bitcoin price is even higher. ATH is only the biggest price comparison,
It's still the start of the 3rd halving, and you still have a chance.
but it comes back to you. if you have had enough and have made a profit, I think there is nothing wrong with selling.

Yes, we cannot exactly determine the price of BTC.
But currently seeing the capacity of the coin, it will rise more.
So better to wait and observe before taking any decisions.
Moreover Op, if you have the capability to take the risks then wait for more. Else you can do as your wish.
I wish you shouldn't fall into any losses.
Best of luck to us.

[XZERO1]

I would not short bitcoin until the pandemic is really over or at least very close to being over knowing that this recent pandemic caused this big move up just like it moved Gold, the best thing to do till then is to long bitcoin on every dip or if it ever gets to a point of oversold on bigger time frames, going against the trend is not advised in trading and if you still insist on shorting you better not use more than 3x leverage and anything higher is extremely risky.

[beerlover]

I would say betting against bitcoin has never been a smart move from get go. I am not saying you will not make a profit, who knows maybe bitcoin drops from here and goes down, but that is never a guaranteed thing and it happens time to time. Bitcoin going higher on the other hand? That is a guaranteed thing, if it goes up now it goes up and there is nothing to argue but if it goes down that means it will go up eventually anyway without a doubt so at the end of the day one way or another bitcoin goes up, but going down is something it rarely does.

So, if you want to make a short future purchase, you can do it and it is up to you and nobody can stop you however I believe that it is not really that common for bitcoin to go down so I would be very careful while doing that.

[Stedsm]

Seeing Bitcoin nearly at it's ATH, I'm planning to go short but that means I'm gonna end up with way less BTC now. (e.g. $25 = less than 0.0015 BTC)

If you long or short, you'll end up making more USDT on your investment instead of BTC. And yeah, if you're shorting BTC, it means you'll be able to "buy more BTC" when you'll make much USDT through your short as the value of BTC against USDT is going lower, so you're going to get much high, and vice versa when BTC goes high and you longed.

[exstasie]

Seeing Bitcoin nearly at it's ATH, I'm planning to go short but that means I'm gonna end up with way less BTC now. (e.g. $25 = less than 0.0015 BTC)

Please don't.

If you try to fade the $20K area, there's a decent chance you (and many other bears) will get short squeezed or liquidated before the big correction you're expecting. It's impossible to tell beforehand if price will react to $20K, or if panic buying will lead to a significant spike above it first (to somewhere like $22K or even higher).

If you must short, I would wait until after the panic selling has already begun rather than trying to fade and limit sell on the way up. And be ready to buy back relatively quickly. Once price starts testing the 2017 ATH, it's not going to stay below for that much longer. It could be a couple months. Could be weeks.....

[maydna]

OP, "go short" next year, when Bitcoin is finally priced in its new highs at 6 digits. Then short it down to it its new lows of $30,000.

But honestly, don't short it. 90% of traders lose to the 10% winning traders. HODL.

Yup, that's what I plan to do by just buying some Bitcoins (0.0013) and short it at around the mid-17K range because like the market, there has to be some corrections.

I guess that's when the leverage comes in.

Perhaps, you can follow what @Wind_FURY say to short it when the price reaches the new highs because it could be a big dump happens to the market. But that is only a suggestion to you, and you are free to short anytime, but make sure you analyze more because, from these few days, I see the price is not going to go somewhere and stay at the range of the price now.

Perhaps, the downtrend for bitcoin price will not be down too deep as bitcoin might increase higher in the next week. I would call this moment a sideways for the price because it does not increase or decrease too much.

But using 0.0013 as a trial will not be a problem to see the situations, so you can see and know what you need to do related to the current market. But be careful.

[Peanutswar]

If you are trying to read the market graph of the bitcoin today there is a chance not only for $20k on the ATH instead there is chance it will catch up mostly to 22+ so why not go for a good chance getting profit. Still, it depends on you if you are going to play safe and pull out your investment if you already got profit, there is nothing wrong with that. Right now this is the same question for me because if do I go for a hold or trying to trade into a margin trading because the market is good at getting volatile.


Upon checking the price of the bitcoin now is getting stable within 17.5k - 18.5k dollars but still on the uptrend graph. It's your choice,  your decision, your profit.

[joniboini]

If you ask whether shorting or take a long position is worth it or not, you probably should take a step back and learn more about margin trading. IMO your position value would depend on the price action, which means you need TA, and not just some gut feeling to short/long because it feels like the price is going that way.

[TitanGEL]

Why would you short if the price is so bullish? for sure you will lose money because you are going to against the trend. Do not think that the price is now expensive because if you will use technical analysis you will find out that the price of the bitcoin is still cheap and it is now nearing the ATH. There is a exception and it is by using short term time frames, where you will just trade using margin in just minutes. But if you will do shorting for a long period of time, it is not advisable because like what I said that the bitcoin is currently bullish and anytime soon it can beat the ATH. The good thing in the current price of the bitcoin is it seems that its price pause for the mean time where a small consolidation may happen before it finally break the ATH.