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What? What other neutral market? It is obvious that now there is a bear market and a downtrend that began in early May:



It is obvious that in such a market, where there is a downtrend without a break, it is much more profitable to put shorts. Look at the chart, we have been in a bear market for a long time. What kind of neutral market are you talking about, I don't understand, bitcoin has already made -50% in the last two months, and you still have uncertainty?

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I am not trading with a trending strategy. I open shorts and longs, every day, regardless of the current global trend.

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Falls are always sweet both ways. The first time you get a good profit from a powerful dump. And the second time you go as a counterweight. I always do this, because after a steep dump there is always a powerful rebound, several thousand upwards, the main thing is to correctly determine the reversal and the end of the panic sell. After that, you can immediately open a long position. Dumps are an opportunity to earn twice in one day.

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For these purposes, it is better to use position averaging if you find yourself in the wrong direction. Exit to breakeven, and then re-enter in the desired direction. Many traders sit in deals to the last, expecting that the price itself will reach the value they need. And while they wait, they lose potential profit.

Well, shorts are good strategy to use for trading. But I think it’s not just about whether you’re trading short or long term. Using the right strategy in the wrong way is still not going to guarantee your win. So everyone have had what worked for them, and it’s not the same with the others. There are people who are going long term and they are making good percentage profit, while there are also those cashing in from shorting it. Mostly what I have relies on to trade in the market has been long term, can’t be explaining why now, but I still think anything works.

It solely depends on the trend for a range market like in the D1 chat you can profit from going both long and short since you wait for a confirmation near your major support or resistance zone. But shorting an uptrend market is like tieing a rope around your kneck because certainly it would end in tears

As an objective observer of charts, it makes sense too, yes, for a trader. Bitcoin spends only a few periods of time in the top range and the majority of time in a lower than average range. So it makes sense. The only problem with this is that it is on a constant upwards trajectory,,, so if you short you maybe make money more often but you could miss the ride to the top, and then you lose in a big way if you do not stop loss before the rally:)

If I were to choose a Long or Short position, I believe the basis for me is that I check on a higher timeframe to make sure the trend is your friend, as they say. Going with the direction is efficient in terms of having winning trades. The PnL ratio that I had is good with it and primarily focused on a single pair.

The majority of my trades this month are short positions, and I'm still profitable.

"Resistance Areas" ... you hear the term again and again and I also aligned my trades with it in 2017. However, it became clear relatively quickly that there are actually no resistance areas in the crypto sector. Crypto is very strongly driven by news and FUD, a well-placed FUD message breaks through a resistance area without any problems and leaves many traders who have bet on such a zone with losses.

I now no longer trade at all according to such zones but simply stick strictly to my stop losses, regardless of whether BTC is about to break through the 30k or not.

If there is a high risk in the market, it is better to keep business shorts for now so that it is easy to understand the exact situation of the market a trader may take many small stops and try to make a profit from a few big winning businesses or a trader may choose to go for many small squirrel national profits and take many unexpected but big stops in the hope that many small profits will exceed the amount. Big loss anyone considering considering trading strategies is better to follow it.

At the moment ,I never touch futures trading yet because seem too risky for me and only trading on spot market When crypto market on bull season is difficult to determine the resistance area. I think if we shorts the market when bullish season is less probability to gain profit but if we shorts it when bearish market is more high probability to make money. Make profit by shorter duration is not really the purpose of trading, but the real purpose is how to make profit consistently.

Finally, someone who has the same thoughts like me when trading crypto futures 

I realized this too sometime back and I know it's weird but even during the Uptrend in the past months, I was shorting and I could still make some 10-20% profits  with the pull backs whenever Bitcoin prices hit the resistance levels.

When it comes to a major drop like one that just happened in the last 24 hours, it even gets sweeter, on the 10x leverage,  I easily make 50% to 100% profit with in a few hours.

The reason why price drops are very aggressive is because combined stop losses on the Spot and futures market are triggered while for an uptrend, there are no stop losses above the price on the spot market. It's only a few take profits and stop losses on the futures market.

Short or Long it is all depend on the market trend if you trade with trend strategy. As far as i know in cryptocurrencies market Long approach is easier then Short approach because the market always up if we see year to year.

Maybe Short approach can be used in fiat money trading because fiat money always going down year by year.

If you were 100% right with your tips you would probably be the most successful (and richest) professional trader worldwide
Look at the trading statistics of professional traders like Tone Vays, they are also 49% wrong with their trades, but 51% right, which is how they get the profits.

For us hobby traders it is much more important to stick to the exit strategies and to get out of failed trades immediately and not to doggedly hold on to the position (which is unfortunately very difficult especially for newbies).

There's a lot of opportunity when doing shorts but you need more time and efforts in it just to get the real sign of the trend..indeed i have such experience even the 1 day chart but after market getting worse, seems not good to trade for me because i always miss to get the real direction of the candles even using those bunch of indicators and strategy, it's still unpredictable and not 100% sure if the results after how many hours of making technical analysis will be the same. So i can't say this will be a safe way especially on this kind of situation wherein perhaps holding will still be the best choice to prevent more losses.

In a bear market shorts are obviously easier. In a bull market obviously longs are easier. The point is you have no idea what kind of market we are in when its too late. Right now I think we are neutral. If we break $30K or $20K especially then I would say we are in a bear market however the problem then will be how much lower than it go before it reverses and goes higher. Say it goes to $19K and you are bearish, it might go to like $17K and reverse and head to new ATH.

Same is said for bull markets. When we broke $50K everybody was expecting $100K at least and look what happened, we topped out at $65K and most people were wanting to take partial profits in the $100K area which never hit. So you would of been better being a bear right there, however this is all in highsight and won't help you.

It depends whether the major trend is determined or not. It was easy go long when the strong resistance was broken and no known resistance so far and its easy to short if the strong resistance cannot be break multiple times plus FUD piling up. I believe betting against the majority when everyone is in hopium state is the best way to win on trading.

For me, we should consider the price action of Bitcoin around the last quarter of 2020 up to the month of January of 2021.
The run of Bitcoin before was extremely huge too, imagine from $10,000 -> $20,000 move, that is already 50%.

Speaking of shorts, these huge wicks or red candles are also causing by high leverage traders, or if you are familiar with "short squeeze". Lot of liquidations around $40,000 - $60,000.

According to the statistics of liquidated positions, with a bitcoin dump, the amount of liquidations is always greater than the one that we see with growth. But do not forget that with short, you can get a maximum of 100% price reduction, and with a long one, the price can increase by hundreds or thousands of percent.

I think I've mentioned this before but shorting an ath met by some rejection has been a successful strategy so far (not one I've implemented though).

Short term shorts and long term longs are probably generally the best for speculative markets anyway. That being said, you don't short the support, you'd short the breakthrough.

It's obviously easier to look back on how a market has been performing and determining you'll have a fully successful strategy when it'll probably be broken at some point. My first point is something I haven't tried because it's riskier and less of a % return than my current strategy when it eventually fails.

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