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Author Topic: Short now = make lots of money?  (Read 4396 times)
Q7
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January 25, 2015, 10:58:40 AM
 #41

It's either you go against the trend or follow the trend. Personally at current moment, i would follow the trend to be on the safe side.

jaberwock
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January 25, 2015, 11:04:18 AM
 #42

It's either you go against the trend or follow the trend. Personally at current moment, i would follow the trend to be on the safe side.

trends can reverse at any moment due to bad news or big players dumping or buying.

You need to guess also when the trend might change

Rabo (OP)
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January 25, 2015, 01:07:47 PM
 #43

Come all short with me. Let's make some money gents. Grin
picolo
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January 25, 2015, 01:20:21 PM
 #44

Hi,

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

I hope you didn't short sell. If you decide to short, get a stop loss and don't do more than x2 leverage.
manselr
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January 25, 2015, 02:05:55 PM
 #45

Dude did you really sell at 245? I think we are going up to 300 territory again before we can consider a correction to make some money...
1Referee
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January 25, 2015, 02:10:52 PM
 #46

Why are people so harsh on those who sell...

It's their decision if they sell, it's a free market, remember?

Perhaps they bought at $175 and they sell at $245.... Do that x20BTC and calculate your profit.
marvinrouge
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January 26, 2015, 03:14:50 AM
 #47

Come all short with me. Let's make some money gents. Grin


Miz4r
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January 26, 2015, 03:18:53 AM
 #48

Always gotta laugh at these noob shorters getting late to the party and thinking they can get rich easily shorting BTC. Cheesy

Bitcoin = Gold on steroids
Chef Ramsay
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January 26, 2015, 03:37:13 AM
 #49

Always gotta laugh at these noob shorters getting late to the party and thinking they can get rich easily shorting BTC. Cheesy
I'm even more interested in noobs shorting when they apparently know more about shorting when they belly up to the bar than that what they're messing with when they sign up here, unless they have schooled themselves about this present market prior to doing so. Tonight is great for a learner's permit.
ivyleague1985
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January 26, 2015, 03:39:27 AM
 #50

Rado,

You must be a Rambo to short from now.

Some whales are waiting for new sell orders to go long. If you want to help the whales out, go short now.
mmortal03
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January 26, 2015, 07:59:14 AM
 #51

Hi,

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


BUY SIGNAL


To da mooon Grin

lol
DieJohnny
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January 26, 2015, 08:06:53 AM
 #52

panicked shorts are about to all bail.... nobody will be short by Tuesday

Those who hold and those who are without property have ever formed distinct interests in society
umairsaleem
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January 26, 2015, 08:17:58 AM
 #53

I guess you are crying in the toliet now for the price takes off  Grin
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January 26, 2015, 08:26:03 AM
 #54

$50 per coin against you in 48 hours........ this is when your only exit strategy is a 15th floor window.

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January 26, 2015, 10:04:30 AM
 #55

Hey OP, look for my post. I told you don't short as we will be heading 250+ soon, should have listened.
Peace.

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BitCoinNutJob
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January 26, 2015, 10:06:07 AM
 #56

Hi,

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

best you could hope for is sideways from here is you are bearish, trend lines are broken i think.
picolo
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January 26, 2015, 11:47:07 AM
 #57

Hi,

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

best you could hope for is sideways from here is you are bearish, trend lines are broken i think.

The good trade was to be long for the last few days. We are at more than 300$ and we could be at 340$ in a few days.
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February 01, 2015, 12:23:12 AM
 #58

No, risk is too high, not worth it yet. If in the near future support won't hold and a downtrend will become apparent, then it may be worth and not risky.

I advised the OP against shorting, before the pump, but he did it anyway. Grin
If he wasn't slaughtered in the meantime, he should close his short soon (in a couple of hours or maybe tomorrow) for maximum profit.

Sometimes, if it looks too bullish, it's actually bearish
SimplisticStu
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February 01, 2015, 12:37:35 AM
 #59

No, risk is too high, not worth it yet. If in the near future support won't hold and a downtrend will become apparent, then it may be worth and not risky.

I advised the OP against shorting, before the pump, but he did it anyway. Grin
If he wasn't slaughtered in the meantime, he should close his short soon (in a couple of hours or maybe tomorrow) for maximum profit.

Totally agree, IMO it's going to head upwards again soon maybe high $200's, take $17 p.coin profit (at time of post) and plan a new strategy (unless you left at a loss)  Huh
Rabo (OP)
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February 01, 2015, 08:17:28 AM
 #60

I GOT REKT BIG TIME XD
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