Bitcoin Forum
August 20, 2019, 09:46:15 PM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Betting Against LTC or BTC  (Read 1078 times)
CoolRunnings21
Sr. Member
****
Offline Offline

Activity: 295
Merit: 250

Nenávist má sestru, to je závist.


View Profile
July 06, 2014, 07:20:03 PM
 #1

How would I trade against LTC or BTC? As in if I thought the price was going to drop? Can you do that with Cryptos?

NDotSO / Bourák
1566337575
Hero Member
*
Offline Offline

Posts: 1566337575

View Profile Personal Message (Offline)

Ignore
1566337575
Reply with quote  #2

1566337575
Report to moderator
1566337575
Hero Member
*
Offline Offline

Posts: 1566337575

View Profile Personal Message (Offline)

Ignore
1566337575
Reply with quote  #2

1566337575
Report to moderator
1566337575
Hero Member
*
Offline Offline

Posts: 1566337575

View Profile Personal Message (Offline)

Ignore
1566337575
Reply with quote  #2

1566337575
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1566337575
Hero Member
*
Offline Offline

Posts: 1566337575

View Profile Personal Message (Offline)

Ignore
1566337575
Reply with quote  #2

1566337575
Report to moderator
1566337575
Hero Member
*
Offline Offline

Posts: 1566337575

View Profile Personal Message (Offline)

Ignore
1566337575
Reply with quote  #2

1566337575
Report to moderator
1566337575
Hero Member
*
Offline Offline

Posts: 1566337575

View Profile Personal Message (Offline)

Ignore
1566337575
Reply with quote  #2

1566337575
Report to moderator
shorena
Copper Member
Legendary
*
Offline Offline

Activity: 1484
Merit: 1319


No I dont escrow anymore.


View Profile WWW
July 06, 2014, 08:40:40 PM
 #2

How would I trade against LTC or BTC? As in if I thought the price was going to drop? Can you do that with Cryptos?

I dont know of any platform that allows this directly, what you can do however is borrow BTC/LTC send to an exchange, sell, wait for drop, rebuy, pay back loan.

You will need collateral or other securities though. This board has a lending section (Warning: Newbies asking for a loan w/o collateral and escrow will most likely get bad rep) and BTCJam might be something that can work for you.
Gimmelfarb
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500


View Profile
July 06, 2014, 09:43:41 PM
 #3

How would I trade against LTC or BTC? As in if I thought the price was going to drop? Can you do that with Cryptos?

you can margin sell LTC and BTC on Bitfinex's platform. you can also do so on BTCE via the Meta Trader 4 platform (BTCE > finance tab > Meta Trader) and FX Open (see signature Tongue).
Kipsy89
Sr. Member
****
Offline Offline

Activity: 280
Merit: 250


Relax!


View Profile
July 06, 2014, 11:13:35 PM
 #4

i use bitfinex to short BTC. not a good time to short right now IMO... Wink

LeRoy
Newbie
*
Offline Offline

Activity: 14
Merit: 0



View Profile
July 08, 2014, 03:17:40 AM
 #5

How would I trade against LTC or BTC? As in if I thought the price was going to drop? Can you do that with Cryptos?

I think you can do that on any major exchange. I trade on AltoCenter, you may want to check it out https://altocenter.com/
bigasic
Hero Member
*****
Offline Offline

Activity: 910
Merit: 1000



View Profile
July 08, 2014, 03:19:51 AM
 #6

A few days ago would have been a good time to short, but I dont think we will see too much of it going down before a spike upwards..
arbitrage001
Legendary
*
Offline Offline

Activity: 1068
Merit: 1000


View Profile
July 09, 2014, 09:17:53 PM
 #7

Scrypt coin hash cost is expected to keep going down till year end.

With no demand and cost of production keep going down, it is actually a good time to short all the scrypt coins (Litecoin, Dogecoin and etc).
Benjig
Sr. Member
****
Offline Offline

Activity: 462
Merit: 250


Trusted


View Profile
July 09, 2014, 09:25:45 PM
 #8

How would I trade against LTC or BTC? As in if I thought the price was going to drop? Can you do that with Cryptos?

I think you can do that on btc-e, also you can use leverage on that, so you can lose or win more.

Internet of things.
DannyElfman
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250



View Profile
July 10, 2014, 04:22:54 AM
 #9

If you think for example that BTC is going to fall against LTC then you could sell your BTC for LTC, then do the reverse when you think the trend is going to be reversed.

If you think that BTC is going to fall in terms of fiat, you could take out a swap at an exchange that allows margin trading, essentially borrower BTC to "sell it short"

This spot for rent.
Loophole
Hero Member
*****
Offline Offline

Activity: 619
Merit: 500



View Profile
July 10, 2014, 10:01:00 AM
 #10

This is probably not the best place to ask about this, but is there any place I can buy or write calls, puts, or other derivatives in bitcoin or altcoin?

BitCoinPokerBro
Hero Member
*****
Offline Offline

Activity: 826
Merit: 1000



View Profile
July 13, 2014, 06:16:47 PM
 #11

How would I trade against LTC or BTC? As in if I thought the price was going to drop? Can you do that with Cryptos?

btc-e has one of the better platforms (a real forex trading platform) for short selling bitcoin or altcoins if you don't care about technical analysis tools then go with bitfinx.

Here is what you would get with btc-e 1:3 leverage and the metatrader platform as seen below

Also if your into automated trading MT4 is the way to go as the programing language is fairly easy to learn.

Spread ranges from $0.10 to a few dollars



Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!