david678345 (OP)
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May 28, 2023, 08:27:25 PM Last edit: May 28, 2023, 08:43:33 PM by david678345 |
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Hi there is a lot of talk about finding opportunities to make a x10 or a x100.
But I think it is easier to make a x10 by selling short...any tips to get the best ROI possible by selling short?
How can I know which coins would have earned me x10 if I had sold short in the last few months?
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BIT-BENDER
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May 28, 2023, 08:33:17 PM |
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Firstly this isn't the right place to make this type of post there is a trading discussion board that is most fitting for this type of post you just made. https://bitcointalk.org/index.php?board=8.0Also I have read what you actually wrote and in the end you asked for more idea meaning you had dropped an idea but to be honest you did not drop any idea, every trader knows to be successful in trade you also have to get the correct timing, so speaking of timing is no idea, do a proper research of what you want to talk about next time.
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franky1
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May 28, 2023, 08:56:53 PM |
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shorting is selling at a price and buying back in when/if it corrects down(dips).. however this is not guaranteed. and if the price goes the opposite way. you lose your stash
for instance even at the peak of $70k it never shorted to $7k to be a 10x oportunity. the most you would have got if timed perfectly on a 18month contract is 5x by shorting..
what you are being told about is not pure shorting. but leveraged shorting this is where you gamble. by getting a loan of 10x or 100x of someone else value compared to the value you own.. and hope to trade it to then get back in enough to pay out their original amount leaving you with many multiples.. but again it only wins if the price dips to the amounts that can afford you the profits you seek in a contracted period you set the leveraged loan for..
but here is the thing. the way the fundamentals play out. the new potential bottom is no longer $15k. its actually higher. it will be $20k+ when/if bitcoin corrects to the new bottom.
meaning at todays $28k .. meaning a max dip of $8k or 30%(0.3x).. so for you to get a 10x(1000%) you would need a leverage loan of 30x risk just to maybe get a 1000% (10x profit) if you were able to get the market price to go your way.
thus the risk does not match the opportunity
the chances of prices dipping all the way down to $20k are less likely thus the 30x loan risk may not pan out.. leaving you with alot you may need to pay back
.. there is a big reason why certain people promote leveraged shorts.. because they are not the gamblers. they are the contract offerers. temporarily giving their value to you which whether you lose or win. they get paid back. yep when you lose.. they win. when you win they win. but when you lose YOU LOSE ALOT and they win alot
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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o48o
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May 28, 2023, 09:46:04 PM |
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Hi there is a lot of talk about finding opportunities to make a x10 or a x100.
But I think it is easier to make a x10 by selling short...any tips to get the best ROI possible by selling short?
How can I know which coins would have earned me x10 if I had sold short in the last few months?
That doesn't make much sense, it's not "easier" if you don't know markets are going down. Bull market could com in the middle of your shorting so "easier" is not the word in here any more then if you claim it's easy to predict market direction. Obviously you can say it would be easy to make million dollars if you bought in crypto in 2012 but you would be wrong. It's easy only in hindsight.
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goaldigger
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May 28, 2023, 09:57:06 PM |
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So this is about futures trading? Long and short can be profitable, depends on how you analyze the price trend and its not easy to know where to trade and what’s the timing. You can do short trade if the price is already telling you to do short while trade long if the rise is about to happen. Trading will always be more about timing and execution, continue to analyze and be responsible.
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bettercrypto
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May 28, 2023, 10:50:42 PM |
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Hi there is a lot of talk about finding opportunities to make a x10 or a x100.
But I think it is easier to make a x10 by selling short...any tips to get the best ROI possible by selling short?
How can I know which coins would have earned me x10 if I had sold short in the last few months?
Sometimes I really shake my head at the newbies who jump into futures trading right away, are they the type who want x10 to x100 in a short period of time? Just throwing and wasting money really. They thought it was that easy and simple to earn here in crpto trading, why is their luck so strong and how dare they say that they want to earn 100x profit immediately? These newbies are so funny. Also, futures trading is not advisable for a newbie who doesn't know anything about the field of this cryptocurrency industry.
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blockman
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May 28, 2023, 11:23:07 PM |
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Hi there is a lot of talk about finding opportunities to make a x10 or a x100.
But I think it is easier to make a x10 by selling short...any tips to get the best ROI possible by selling short?
You'll never know. It all depends on what the market is requiring and what position you have and what coins you're holding. Because if someone knows exactly the answer to your question then he'll for sure never gonna look back to his former life and will enjoy every inch of profit but no. How can I know which coins would have earned me x10 if I had sold short in the last few months?
If someone has a crystal ball then he'd already said what are those that can make you x10. And both of you are probably rich then by now but no one knows and it's all up how can you read the charts and those candles.
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logfiles
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May 28, 2023, 11:29:31 PM |
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Hi there is a lot of talk about finding opportunities to make a x10 or a x100.
But I think it is easier to make a x10 by selling short...any tips to get the best ROI possible by selling short? Easier said than done I hope you remember that when you open a short position, there is also a liquidation price. Scam wicks which often happen in crypto can close your position via stop loss or liquidation when there is a flash pump. Yes, X10 might be possible, buy not common. I have mostly seen 2x,3x,4x etc but 10x?
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Dr.Bitcoin_Strange
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May 28, 2023, 11:33:45 PM |
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Hi there is a lot of talk about finding opportunities to make a x10 or a x100.
But I think it is easier to make a x10 by selling short...any tips to get the best ROI possible by selling short?
How can I know which coins would have earned me x10 if I had sold short in the last few months?
Yea, while I think it's very easy to make X10 with some random altcoins within a short period of time since they are based on pump and dump, it becomes so difficult to know which particular coin or token to buy, hold for just a short period of time, sell, and profit X10 of your investment. I think it's likely easier to say than to archive. Sometimes the period might not really be short; it can extend for months or a year. I know of a token lounched for $1 in the first quarter of last year, but after like a month, the token dropped to $0.01, but recently this year, it's trading for about $0.12 this year. So what I am saying is that it is not really very easy to know the right token that can easily earn you an X10 in a short time, some times it can take long before the token can get pumped.
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sheenshane
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May 28, 2023, 11:45:59 PM |
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How can I know which coins would have earned me x10 if I had sold short in the last few months?
If most people here including me know about this, it's supposed we're a millionaire now. Yes, it's possible. Short selling can potentially lead to profits if executed correctly, but how you'll know if the market is so volatile and the price is unpredictable where it goes? That's very risky and it seems you gambled your money. Try your luck here and pick which one of them has potential. https://coinmarketcap.com/gainers-losers/
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mk4
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May 29, 2023, 04:07:25 AM |
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The cryptocurrency space has LOTS of opportunities — the question is, how will you find them and how will you execute the plan. You could say that shorting utter shitcoins can be profitable, but you also need to take into consideration that illiquidity pumps and announcement pumps happen, which can cause you to get liquidated. That, and add the fact that you're going to need to pay funding rates.
It's easier said than done, to say the least.
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Poker Player
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May 29, 2023, 04:33:25 AM |
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The probability of making a 10x or a 100x is inversely proportional to the risk of losing your money, the same thing happens in betting. So it is normal that on average before making a 100x you have lost more than 100 times your money in the attempt. If for some reason you try it the first time and make a 100x the best thing you can do is to take the money and not try it again, instead of believing that you have found a good system.
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rat03gopoh
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May 29, 2023, 05:07:47 AM |
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But I think it is easier to make a x10 by selling short... If you mean selling "short" and refer to trading term on the spot market, then it's not possible unless you're on a known shitcoins pumpdump scheme. any tips to get the best ROI possible by selling short?
Just trade on the futures market, some exchanges offer up to 100x leverage levels for the BTC/USD pair, please note this is for advanced traders only. How can I know which coins would have earned me x10 if I had sold short in the last few months?
Nobody knows, trading is full probability.
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adaseb
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May 29, 2023, 05:13:03 AM |
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If you want to short then stick to the majors like Eth or Bitcoin. But whatever you do, don’t short on leverage many mid or small cap alt coins. There are times when these tokens can go 50-200% in a manner of hours. If you use leverage you will blow your entire account up.
Another thing to remember is that we might be exiting the bear market so you might be shorting the bottom. What if Bitcoin goes to $100K and you are still short from $28K. What will you do then? Not as easy as it seems.
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Adbitco
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May 29, 2023, 07:38:34 AM |
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Usually if you must involved yourself in short selling that means you need huge funds to be able to carry out that function, because if you buy a coin or with little amount and you want to sell short there will be no much profits because the coin or currency doesn't increase exponentially as you may think.
This types of trading needs huge amount to make good profits, but it must not be that you have to make up to 10x because with the situation of the market today it could be hard for a coin to give you 10x in short trading all less your capital is huge enough or you involved yourself to future trading, but for spot trading there's no assurance.
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Findingnemo
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May 30, 2023, 01:28:54 AM |
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Hi there is a lot of talk about finding opportunities to make a x10 or a x100.
But I think it is easier to make a x10 by selling short...any tips to get the best ROI possible by selling short?
How can I know which coins would have earned me x10 if I had sold short in the last few months?
It's possible but not possible to hit everyday, it may happen on an very odd day for someone but that amount of ROI isn't realistic and you should never be focusing on such things, instead of that just go by the old school way like aiming 5% for a day which itself high in reality but compared to 1000% then 5% seems quite reasonable.
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awik p
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May 30, 2023, 02:32:13 AM |
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Hi there is a lot of talk about finding opportunities to make a x10 or a x100.
But I think it is easier to make a x10 by selling short...any tips to get the best ROI possible by selling short?
How can I know which coins would have earned me x10 if I had sold short in the last few months?
It's possible but not possible to hit everyday, it may happen on an very odd day for someone but that amount of ROI isn't realistic and you should never be focusing on such things, instead of that just go by the old school way like aiming 5% for a day which itself high in reality but compared to 1000% then 5% seems quite reasonable. 5% every day is a very good achievement, within a month you have earned 150%, and if that is fulfilled then it becomes a very good business to live in. however, in mathematical calculations it may not be as good as in reality, sometimes we also have unlucky days, where what we do is always wrong, therefore it would be good for everyone to assess themselves, with their abilities, what percentage targets are logical for run as our portfolio
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Findingnemo
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May 30, 2023, 03:34:02 AM |
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Hi there is a lot of talk about finding opportunities to make a x10 or a x100.
But I think it is easier to make a x10 by selling short...any tips to get the best ROI possible by selling short?
How can I know which coins would have earned me x10 if I had sold short in the last few months?
It's possible but not possible to hit everyday, it may happen on an very odd day for someone but that amount of ROI isn't realistic and you should never be focusing on such things, instead of that just go by the old school way like aiming 5% for a day which itself high in reality but compared to 1000% then 5% seems quite reasonable. 5% every day is a very good achievement, within a month you have earned 150%, and if that is fulfilled then it becomes a very good business to live in. however, in mathematical calculations it may not be as good as in reality, sometimes we also have unlucky days, where what we do is always wrong, therefore it would be good for everyone to assess themselves, with their abilities, what percentage targets are logical for run as our portfolio Rather 5% isn't possible to achieve either on everyday, I just used it as contrary value which is 1000% in OP's proposal. Well the actual realistic value we can Target is 10 or 20% a month I mean increasing the crypto portfolio figures not just the value so over the time along with the trend of bull the profits will also be quite heavy.
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disconnectme
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May 30, 2023, 04:12:33 AM |
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Short selling is not for everybody, there are a lot that people that do not understand anything about it and even if you hit purple patch there is a chance that your luck will run out soon, most people ended up losing money short selling, the reason being that most make use of high leverage and get blown out, this has happens to me before, and I stop short selling. Funding, account management, leverage size to use and even stop loss position need to be well understand before shorting, if you are not an experience trader, please don't short for any reason.
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TheUltraElite
Legendary
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Take good care of your parents!
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May 30, 2023, 11:07:39 AM |
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The probability of making a 10x or a 100x is inversely proportional to the risk of losing your money, the same thing happens in betting. So it is normal that on average before making a 100x you have lost more than 100 times your money in the attempt. If for some reason you try it the first time and make a 100x the best thing you can do is to take the money and not try it again, instead of believing that you have found a good system.
That's true and risk is something that every trader has to face. Still going for high returns is possible however the return may or may not be guaranteed. In spot trading this opportunity will come rarely and should be taken right away. The other types of trading may commonly see such numbers but they are all comparable to EV - games meaning you are actually gambling. Even if you can a certain return every few days, that is enough to run trading over years, without looking at sudden high returns.
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