If Altcoins Won't Moon Can't I Just Short the Hell Outta Them??? - page 3.

NathanJB

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Quote from: tukagero on January 08, 2020, 09:55:33 PM

Just wait for the altseason to start, there will be big profit to those who continue to hodl altcoins. Check your altcoins if they are for long term or not, all those for long term hodl them and the rest sell them while there is a chance.

This is one thing to remember. If the altcoins you are hodling are shitcoins then you should not even think of the possibility that they will moon. Dump them as early as possible. Waiting for them to moon is probably going to take you a lifetime. So make sure first that the altcoins you are hodling are those that will really rally by the time the bulls are coming.

tukagero

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Just wait for the altseason to start, there will be big profit to those who continue to hodl altcoins. Check your altcoins if they are for long term or not, all those for long term hodl them and the rest sell them while there is a chance.

samcrypto

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Decision making is very important, if you’re holding do it with plan and strategies so you don’t hold forever and you can have the chance to get some profit. If there’s no altcoins season then you should be more active on short trading. The future can’t be sure, if there’s a chance to make money right now grab it and enjoy it so you wont regret that in the future.

olumyd

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I felt too emotional and should have taken profit when I longed ETH the other day, and now... I got liquidated - call it an amateur's bad luck, I still lost some dough. The true secret of the market is never to get greedy. Short when you can, long when you must and take profits in between.

disconnectme

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It is an emotional thing, we don't like things going down and it seems it is wrong to short but what most people forget is that life is up and down and those that can take advantage of this would make the most of it. I could remember Rothchild how he made is money. But people need to understand the risk of using leverage also to short so as not to get burn

electronicash

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it should have been done just weeks when the bear market was just in the early stage. dump them all and do the trading on BTC/USD. dump the hell out of them since holding these altcoin will not earn you during the times of bear. you can forget looking for which platform to trade when it comes to BTC trading and its all just about the volume anymore.

SquallLeonhart

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Unfortunately there is no shorting of altcoins like bitcoin, normally that would have been very weird as well, everyone would have short altcoins because we have no emotional connection with most of them and only look at them as financial gains. Even bitcoin was used like that when first shorting came about and right now it is less than when it first started but still shorted a lot and people sell coins to make profits that way however altcoins are definitely going to bottom if shorting ever happens at all.

So, altcoins can't be shorted because in order to short something you have to have people who long it as well, people who think it won't go down, 99% of the people who have altcoins would sell their altcoins if they could make money that way.

NathanJB

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Quote from: olumyd on January 06, 2020, 05:22:58 PM

I waited for alt season for many months now and it seems that instead of a bull run, all I do is bleed. So, I'm thinking this hodling thing ain't working for me anymore, is there any decentralized platform that allows me to short all possible altcoins out there? It's time to bet against the market.

Unfortunately, for now, I'm only aware of the fulcrum.trade leveraging platform. It only allows me to short a few cryptos: Eth, WBTC, LINK, ZRX and KNC. Need another one with more options.

Any ideas guys?

Look for exchanges that offer leverage trading and you will find all the coins that you want to short. But before doing that you have to know that your decision is purely based on emotional outburst. In other words you are like a desperate person trying to waste everything because his expectations are not met. And do you know how this will end up? This will only drain your account of the last value it got. If you are this emotional you will not really thrive in this crypto world. Harden up your hand and don't fold.

stomachgrowls

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Quote from: olumyd on January 06, 2020, 05:22:58 PM

I waited for alt season for many months now and it seems that instead of a bull run, all I do is bleed. So, I'm thinking this hodling thing ain't working for me anymore, is there any decentralized platform that allows me to short all possible altcoins out there? It's time to bet against the market.

Unfortunately, for now, I'm only aware of the fulcrum.trade leveraging platform. It only allows me to short a few cryptos: Eth, WBTC, LINK, ZRX and KNC. Need another one with more options.

Any ideas guys?

Im not aware about that fulcrum.trade leverage platform.Im not considering any platforms aside from Bitmex itself.So im not aware if there were existing aside on what you had mentioned.

You aren't the only one who do thinks that hodling doesn't work yet majority would think the same way specially on hodling alts same as you do.

If you don't still need money nowadays then its better to hold those coins and forget for sometime.If you are that desperate on shorting those then
alts you do mention do have specific markets for you to be able to done it.

christian07

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If you invest or risk in some few alts like eth,bch,xrp that really have potentials then you earn by now like me example you need to buy every drops because that more often happen here that market grow so better to choose really trusted and popular like you need to invest or risk every drops of that,Moreover i think your investment OP is in the past already so if you still hold that then it takes time to back

bobyhodob

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now is the time for everyone must have a strong mentality to survive
I think if you buy altcoin from the start you must be prepared with the risks, not every day everyone can win here.
my advice is to stay patient because maybe if you give up now you will feel disappointed the next day

d3nz

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It's part of the life you need to take the risk and as saying "Patience is a virtue". You may need to wait for a long time to sell those altcoins but it would take time. And best solution for now is to sell a portion of your altcoins then buy back again if you think their is a potential that their price will increase in the future.

And all of us are having the same problem and for now we need to take an action rather wait for the Moon.

Kyraishi

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Quote from: olumyd on January 06, 2020, 05:22:58 PM

I waited for alt season for many months now and it seems that instead of a bull run, all I do is bleed. So, I'm thinking this hodling thing ain't working for me anymore, is there any decentralized platform that allows me to short all possible altcoins out there? It's time to bet against the market.

Unfortunately, for now, I'm only aware of the fulcrum.trade leveraging platform. It only allows me to short a few cryptos: Eth, WBTC, LINK, ZRX and KNC. Need another one with more options.

Any ideas guys?

You could.

Deribit offers ETH futures and options, and I'm pretty sure Bitmex offers them as well. Those are the two with liquidity. There are smaller exchanges that offer more trading pairs and markets but don't necessarily have the liquidity to really facilitate the trades that you want to do.

But honestly, shorting right now is pretty dumb imo with the bull market on the horizon.

eaLiTy

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Quote from: olumyd on January 06, 2020, 05:22:58 PM

I waited for alt season for many months now and it seems that instead of a bull run, all I do is bleed. So, I'm thinking this hodling thing ain't working for me anymore, is there any decentralized platform that allows me to short all possible altcoins out there? It's time to bet against the market.

Patience is the most important aspect of trading, if you had the patience to hold these coins till now why not hold it for a couple of years and see how the market will respond and then take a decision on what you are going to the coins you are holding. Since you are planning to manipulate the market by shorting them i guess you are holding a huge amount of coins to make manipulate the market if not good luck dreaming Tongue

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passwordnow

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Hey look to the market again, everything is going green so before you miss this out and the plan that you already have of shorting them. See and how much you've gain if ever you have done what you are suppose to do. I don't know about that platform and probably you're one of the few that knows it here but again I say, go and look to the market now and check if the altcoins you are holding is also affected positively of the market pump lately.

CjMapope

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Quote from: olumyd on January 06, 2020, 05:22:58 PM

I waited for alt season for many months now and it seems that instead of a bull run, all I do is bleed. So, I'm thinking this hodling thing ain't working for me anymore, is there any decentralized platform that allows me to short all possible altcoins out there? It's time to bet against the market.

Unfortunately, for now, I'm only aware of the fulcrum.trade leveraging platform. It only allows me to short a few cryptos: Eth, WBTC, LINK, ZRX and KNC. Need another one with more options.

Any ideas guys?

Sadly i dont know of any platforms that allow MOST alts to be shorted and such, i suppose its just a liquidity thing?
usually you will only see the major coins available. Seems like a good oppertunity for a dedicated platform, hmmm...
Then again, the bullrun has just begun man, NOW you want out? Cheesy

2020 imo is gonna be a good year for hodlers..

DaMut

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Quote from: pajak666 on January 07, 2020, 03:47:53 AM

You can go margin on Binance easily. Just can use whatever coins you have as a collateral and borrow x3-5 in tokens you want. https://www.binance.vision/tutorials/binance-margin-trading-guide here is a guide for this with an example.

he is asking for decentralized exchange, binance is not a decentralized exchange.
you can try to use this exchange https://ddex.io/, I never use it before though so I can not say much about it.

o48o

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Quote from: olumyd on January 06, 2020, 05:22:58 PM

I waited for alt season for many months now and it seems that instead of a bull run, all I do is bleed. So, I'm thinking this hodling thing ain't working for me anymore, is there any decentralized platform that allows me to short all possible altcoins out there? It's time to bet against the market.

Unfortunately, for now, I'm only aware of the fulcrum.trade leveraging platform. It only allows me to short a few cryptos: Eth, WBTC, LINK, ZRX and KNC. Need another one with more options.

Any ideas guys?

Honestly i don't know any decentralized version where you can short them. May i ask what's wrong with centralized platforms for doing this? Some of them don't even require kyc depending how much you are withdrawing in a month...

But really? Why do you think after like 2 years of bear run that now is the best time to short?

pajak666

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You can go margin on Binance easily. Just can use whatever coins you have as a collateral and borrow x3-5 in tokens you want. https://www.binance.vision/tutorials/binance-margin-trading-guide here is a guide for this with an example.

ashmodeus

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well well , leverage trading is not an option for me, its just make more worst for me.
i just choice to cut loss , rather than using a leverage trading, even for 4x , or the final choice , just go to dice table.

Topic: If Altcoins Won't Moon Can't I Just Short the Hell Outta Them??? - page 3. (Read 693 times)