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Topic: How can I short the Bitcoin market? (Read 999 times)

full member
Activity: 258
Merit: 100
September 07, 2017, 03:04:42 AM
#25
Bitstamp is possible,
you have to get a strong heart and dont be panic,... I just dont think it is a good idea to start it
member
Activity: 98
Merit: 10
September 06, 2017, 01:58:30 PM
#24
Google it and you will find out all the possible ways of doing it and choose whichever best suits you.that is the best way you can do i think
legendary
Activity: 2413
Merit: 1003
September 06, 2017, 10:32:12 AM
#23


I am looking for more mainstream brokers. Not crypto exchanges.







I recomend my.myfxchoice.com or FxOpen.com
hero member
Activity: 756
Merit: 500
September 06, 2017, 06:29:09 AM
#22
Incredibly, I am very proud of the existence of professional traders start doing the action with bitcoin trading. Because with the presence of professional traders already have the possibility that bitcoin will be more controllable and high, but indeed one thing all requires a lot of support. poloniex, btc-e, bittrex I think is the best marketplace in trading. Because all of these besides displaying bitcoin trading, it also displays altcoin. where it also became one of the places to be able to earn profits.
hero member
Activity: 790
Merit: 505
September 06, 2017, 06:05:52 AM
#21
Hi, OP.
I have been trading for nearly 2 decades now.

Use my local site to trade in the volumes you describe, but in AUD, and yes you do buy/sell BTC in the process of trading. So im not sure if it will suit you.

https://btcmarkets.net/

You do have to provide your full ID,however I'd trust them with up to 100kUSD no problem. My last trade took 5minutes (send coins from wallet to exchange+sell then withdraw fiat),and the 15k fiat withdrawal  was in my bank account within 48hrs.

I was lucky to earn my btc when i tried mining years ago,however my advice is to buy 10btc, secure them in a wallet for 3+ yrs then consider trading them long. In the meantime you take advantage of any spikes/dips and transfer to the exchange to trade...>> then move it back to your secure wallet(s). My re-positioning value is on $500 dips while the long term trend is up, a trend which does not look like changing for years.

cheers
groko
hero member
Activity: 1106
Merit: 527
September 06, 2017, 04:18:56 AM
#20
you need money, money, and money.


I know what the guy said is the mean that short the Bitcoin market, not only on some one exchange.


and
Why wouldn't you just google it?

Bitstamp. Btc-e, I think coinbase does it too. In terms of what the differences are, do your own research.

coinbase is no.
hero member
Activity: 2828
Merit: 611
September 06, 2017, 03:16:07 AM
#19
Why wouldn't you just google it?

Bitstamp. Btc-e, I think coinbase does it too. In terms of what the differences are, do your own research.
Very well said. Google it and you will find out all the possible ways of doing it and choose whichever best suits you. I think you alone cannot do the task. You definitely need a team of people having enough resources to do this task. Only then you’ll manage to do it in a way which you desire.
He needs a complete team to accomplish this task. Not only Google but many people who are already into all this and want to join you can also help you a lot in achieving your goal. I won’t suggest you to give up on it. Just try to select some passionate people like you who can enjoy their work.
hero member
Activity: 980
Merit: 512
September 05, 2017, 02:59:01 AM
#18
if you want to trade short try to trade altcoin - bitcoin.
bittrex is a great market and easy to use. look for large trading volumes and see price movements. I think it's pretty easy to make some profits there.
Some people are more comfortable trading in Poloniex, the movement of coins is very fast and the volume is very large suitable for wholesalers. Slower Bittrex is not suitable for a profit per day. Both have the same risk, and you can choose according to the trading strategy you apply.
Good luck.
newbie
Activity: 35
Merit: 0
September 05, 2017, 01:16:06 AM
#17
I trade with IG (ig.com). They have BTC/USD, ETH/USD and BCH/USD pairs. For BTC 7.5% margin. Spread is a little bit high at 20$, but with the high volatility in BTC it's not that bad.

Another broker I know is Plus500, they have even more crypto pairs (BTC, BCH, XRP, XMR, LTC, ETH, DSH, XEM). For BTC 3.33% margin. 18$ spread. I have never traded with them though.

Interesting.

Positive Points

    +FTSE 250 company with a market capitalisation of £2.1 billion (31 May 2017)
    +Regulated by the Australian Securities and Investment Commission (ASIC)
    +Offices in 14 countries across five continents
    +185,800 clients worldwide (May 2017)
    +Average of over five million transactions globally per month (Apr-Jun 2015)
    +Net global trading revenue of £491.1 million1
    +Over 1500 staff around the world (May 2017)

Negative Points
 
     -"IG.com is operated by IG Markets Limited. ABN 84 099 019 851, AFSL 220440. Derivatives issuer licence in New Zealand, FSP No. 1892
      -The information on this site is not directed at residents of the United States or any particular country outside Australia or New Zealand and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation."


full member
Activity: 154
Merit: 106
September 04, 2017, 08:57:50 PM
#16
I trade with IG (ig.com). They have BTC/USD, ETH/USD and BCH/USD pairs. For BTC 7.5% margin. Spread is a little bit high at 20$, but with the high volatility in BTC it's not that bad.

Another broker I know is Plus500, they have even more crypto pairs (BTC, BCH, XRP, XMR, LTC, ETH, DSH, XEM). For BTC 3.33% margin. 18$ spread. I have never traded with them though.
hero member
Activity: 1610
Merit: 507
September 04, 2017, 07:39:35 PM
#15
THIS IS A QUESTION FOR EXPERIENCED TRADERS IN BITCOIN

I am an experienced trader in other markets and would like to trade the Bitcoin market on both the long (buy) side and the short (sell) side.

Can someone point me in the direction of the three biggest exchanges that allows me to go long or short the BTC/USD

if you mean margin bitcoin markets, then i only know 2 markets you can use to trade the bitcoin market, that market is okcoin and bitmex. i have good experience with both but i only recommending bitmex because beside you traded bitcoin-usd, you can try trade btc-altcoin. the leverage is also legit and you can satisfied when you can place the right price. but before you try with real fund, i think you can test first with testing account in bitmex.

but if you mean only trade like usual, then you can try bittrex, poloniex, bitfinex, liqui, and else. i recommending bittrex and poloniex as that 2 sites have a large potential profit if you know trading.
full member
Activity: 197
Merit: 100
September 04, 2017, 07:26:19 PM
#14
Why wouldn't you just google it?

Bitstamp. Btc-e, I think coinbase does it too. In terms of what the differences are, do your own research.

How do you still say btc-e? I just can't see. They have been arrested by CIA and their servers and all other hardwares were seized by FBI. Because stolen bitcoins were laundered in btc-e platform.

For short positions, you should use exchangers, it's safer than mainstream brokers.
newbie
Activity: 8
Merit: 0
September 04, 2017, 01:05:30 PM
#13
there were few attempts to launch a bitcoin ETF without success...
hero member
Activity: 1022
Merit: 538
September 04, 2017, 07:54:19 AM
#12
Why wouldn't you just google it?

Bitstamp. Btc-e, I think coinbase does it too. In terms of what the differences are, do your own research.
Very well said. Google it and you will find out all the possible ways of doing it and choose whichever best suits you. I think you alone cannot do the task. You definitely need a team of people having enough resources to do this task. Only then you’ll manage to do it in a way which you desire.
member
Activity: 112
Merit: 10
Swarm Token Sale begins on September 7th at 16:00
September 04, 2017, 12:50:41 AM
#11
if you want to trade short try to trade altcoin - bitcoin.
bittrex is a great market and easy to use. look for large trading volumes and see price movements. I think it's pretty easy to make some profits there.
newbie
Activity: 35
Merit: 0
September 03, 2017, 09:54:46 PM
#10
THIS IS A QUESTION FOR EXPERIENCED TRADERS IN BITCOIN

I am an experienced trader in other markets and would like to trade the Bitcoin market on both the long (buy) side and the short (sell) side.

Can someone point me in the direction of the three biggest exchanges that allows me to go long or short the BTC/USD
Seems like you are a stock or forex trader.If you do like to trade BTC/USD then try SimpleFX since you can able to trade up bitcoin on there and at the same time you can able to trade with Forex and commodities.
There are famous exchange on here on cryptoworld but they are just focusing on crypto. Try poloniex.com or bittrex since these are the famous exchangers as of now. Shorting bitcoin movement is somehow difficult if you are not experienced enough to be an active trader.

SimplexFX is based in Saint Vincent and the Grenadines  Huh Lips sealed

It is also NOT licenced by ANY financial regulator.

It has also had some very serious allegations of scam.  ( See reviews here: http://www.ratingfx.com/broker/simplefx )
hero member
Activity: 2730
Merit: 632
September 03, 2017, 07:16:02 AM
#9
THIS IS A QUESTION FOR EXPERIENCED TRADERS IN BITCOIN

I am an experienced trader in other markets and would like to trade the Bitcoin market on both the long (buy) side and the short (sell) side.

Can someone point me in the direction of the three biggest exchanges that allows me to go long or short the BTC/USD
Seems like you are a stock or forex trader.If you do like to trade BTC/USD then try SimpleFX since you can able to trade up bitcoin on there and at the same time you can able to trade with Forex and commodities.
There are famous exchange on here on cryptoworld but they are just focusing on crypto. Try poloniex.com or bittrex since these are the famous exchangers as of now. Shorting bitcoin movement is somehow difficult if you are not experienced enough to be an active trader.
newbie
Activity: 35
Merit: 0
September 03, 2017, 06:51:26 AM
#8

Problem is that mainstream brokerages don't usually accept bitcoin or even list bitcoin as a trading pair.


Seems like a true market opportunity for someone.  Cool
newbie
Activity: 35
Merit: 0
September 03, 2017, 12:49:51 AM
#7


Problem is that mainstream brokerages don't usually accept bitcoin or even list bitcoin as a trading pair.

Apart from 1broker, which arguably could be considered as a "crypto brokerage" as well since its customers are mainly bitcoin based, i really can't think of anything else. Obviously binary options will always have btc, but then binary options are more like gambling since the timeframe is usually very short.

I would say use either 1broker, bitfinex, or bitmex. All of them are legit and have been used. Of course there could be hacks and whatnot but that's the risk you are dealing with with every action you do on an exchange, not just shorting btc.



I don't need a broker that accepts Bitcoins.  Will willingly fund the account using USDs.
To date, I haven't found any reputable (mainstream) broker that lists bitcoin as a trading pair

1Broker.com is operated by 1pool Ltd., a corporation registered in the Republic of the Marshall Islands.   Shocked Huh

Binary options are an outright scam.
hero member
Activity: 588
Merit: 500
September 02, 2017, 11:10:57 PM
#6
THIS IS A QUESTION FOR EXPERIENCED TRADERS IN BITCOIN

I am an experienced trader in other markets and would like to trade the Bitcoin market on both the long (buy) side and the short (sell) side.

Can someone point me in the direction of the three biggest exchanges that allows me to go long or short the BTC/USD

I am a professional trader. I want to trade in minimum $10,000 blocks.

I am looking for mainstream (NOT crypto)  brokers that allow me to trade the BTC/USD without having to take possession of any Bitcoins. I want to just trade the BTC/USD  pair.

In the crypto exchanges, I have to convert my USDs to BTCs and then either store my BTCs elsewhere (for safety because the Crypto exchanges get hacked all the time) or take the risk of leaving my BTCs at the exchange (where they can be stolen).
Both alternatives are unattractive.

A better alternative is to find a reputable mainstream broker that will allow traders to just trade the BTC/USD.

Are there any traders here that trade BTC/USD on any mainstream (NOT crypto)  brokerages?

Problem is that mainstream brokerages don't usually accept bitcoin or even list bitcoin as a trading pair.

Apart from 1broker, which arguably could be considered as a "crypto brokerage" as well since its customers are mainly bitcoin based, i really can't think of anything else. Obviously binary options will always have btc, but then binary options are more like gambling since the timeframe is usually very short.

I would say use either 1broker, bitfinex, or bitmex. All of them are legit and have been used. Of course there could be hacks and whatnot but that's the risk you are dealing with with every action you do on an exchange, not just shorting btc.

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