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Topic: Is Shorting profitable??? (Read 4247 times)

sr. member
Activity: 630
Merit: 251
September 13, 2017, 11:15:09 AM
#91
Have any of you got benefit by shorting?please share your thrilling experiences.
Yes it is definitely that shorting is a profitable thing if your prediction is in the right thing. But since we all know that trading is very unpredictable were not sure 100% if our prediction is precise. Which is risk was very high were it can wreck you down too,.
Very well said! I think shorting can be profitable but it all depends on how good you are at predicting the things accurately. If your prediction sense is good and are confident enough that you are making a right decision, only then you can get profit. Else you are going to lose your money.
Exactly! Shorting is very much profitable but it entirely depends on you whether you can take good advantage of those moments or not. I think at that point, you can judge someone’s interpersonal skills like how good he is at managing up the things. If you can’t avail the opportunity then you need to work really hard.

legendary
Activity: 1162
Merit: 1000
September 12, 2017, 02:26:44 AM
#90
Have any of you got benefit by shorting?please share your thrilling experiences.
Yes it is definitely that shorting is a profitable thing if your prediction is in the right thing. But since we all know that trading is very unpredictable were not sure 100% if our prediction is precise. Which is risk was very high were it can wreck you down too,.
Very well said! I think shorting can be profitable but it all depends on how good you are at predicting the things accurately. If your prediction sense is good and are confident enough that you are making a right decision, only then you can get profit. Else you are going to lose your money.
doing shorting is indeed a risky thing. for example we buy altcoin which is just emerging in the market, need a good analysis when see the right coin and also have prospect. because if we can not choose the right option then we could have suffered huge amounts of losses.
legendary
Activity: 1946
Merit: 1137
September 12, 2017, 02:17:48 AM
#89
Shorting is too much like gambling to me....unless I had reliable inside information (which is illegal to act on)...so no, I don't short. Especially something as volatile as cryptocurrencies.   

shorting like any other trading strategy is not at all a "gambling". and although insider information is obviously helpful but it is not at all mandatory in order to be successful in it.
just like any other trading strategy, in shorting you also make an analysis of the market and come up with a speculation. we all know certain cases where bitcoin price falls. they never fail us. for example you don't need to know some secret information to be able to predict a drop after the FUD about bitcoin split is being spread. or the FUD about China banning bitcoin, .... and lots more. you just have to watch out and act fast.
hero member
Activity: 1036
Merit: 500
September 12, 2017, 01:02:02 AM
#88
Have any of you got benefit by shorting?please share your thrilling experiences.
Yes it is definitely that shorting is a profitable thing if your prediction is in the right thing. But since we all know that trading is very unpredictable were not sure 100% if our prediction is precise. Which is risk was very high were it can wreck you down too,.
Very well said! I think shorting can be profitable but it all depends on how good you are at predicting the things accurately. If your prediction sense is good and are confident enough that you are making a right decision, only then you can get profit. Else you are going to lose your money.
full member
Activity: 961
Merit: 110
SweetBet.com
September 08, 2017, 05:35:03 PM
#87
It is very risky. You could sell a % of your coins and hope that the falling price drops even lower so you can buy more back at a cheaper price, but sometimes the price all of a sudden shoots up and you have to wait much longer to sell them without a loss.
newbie
Activity: 12
Merit: 0
September 08, 2017, 04:46:02 PM
#86
I haven't tried shorting (only long), but know quite a few who do--they mainly only short with BTC as altcoins are too volatile for shorting. They pay close attention to price action, trend lines, confirmations and the news, which in turn, they will short the dips. I'm a wee bit too intimidated to try shorting, but will get there once I become more experienced with TA.
newbie
Activity: 6
Merit: 0
September 08, 2017, 04:22:54 PM
#85
Shorting is too much like gambling to me....unless I had reliable inside information (which is illegal to act on)...so no, I don't short. Especially something as volatile as cryptocurrencies.   
sr. member
Activity: 812
Merit: 251
September 08, 2017, 10:26:49 AM
#84
Have any of you got benefit by shorting?please share your thrilling experiences.
Yes it is definitely that shorting is a profitable thing if your prediction is in the right thing. But since we all know that trading is very unpredictable were not sure 100% if our prediction is precise. Which is risk was very high were it can wreck you down too,.
sr. member
Activity: 854
Merit: 253
l0tt0.com
August 28, 2017, 01:57:47 PM
#83
So if it's too risky, it's like Binary Options, no?
You need to be attentive all the time, you need some luck also because the results can oscillate too much.
But different from Binaries it could work for shitcoins especially, which the price changes much more than well established Crypto-Currencies in a daily basis.
For me, margin trade in cryptocurrency market like Binary Options, because we also have option buy/sell depends our predict. And the risk when trading of them are high than exchange normal.
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
August 28, 2017, 01:45:19 PM
#82
So if it's too risky, it's like Binary Options, no?
You need to be attentive all the time, you need some luck also because the results can oscillate too much.
But different from Binaries it could work for shitcoins especially, which the price changes much more than well established Crypto-Currencies in a daily basis.
sr. member
Activity: 1041
Merit: 273
August 28, 2017, 01:40:09 PM
#81
Yes, shorting is profitable if you see a downtrend in the coin. As many members mentioned, it is stressful and not advisable to trade margin. I find it better to buy the coins and wait for the price to rise.
Yes shorting is profitable only if you are easy with taking risk. In this case, if you are newcomer then even it is okay to do short trading for getting experience. But still you must have knowledge of the trending situations.

Buy, it and then sell it in short time after a little rise and then again buy it in suitable time. It is okay but you must not comprise on risk then.
sr. member
Activity: 994
Merit: 252
August 25, 2017, 01:35:22 PM
#80
What is shorting? Please explain it to me.

Is it like this?
Buy Altcoins and sell immediately after a little bit and fall back a little and buy again? I earned it here but I'm going to go for a ride because I'm getting hit and getting caught up so I do not want to repeat it anymore. is that so ?
Yes you are right in some way but let me clear you about shorting, it is a kind of trading in which you do work quickly I mean just you said buy and sell immediately when price rise, sell when they predict that prices will down very soon. Actually it is a trading for expert, a simple person like you and me can never so this and if we do we go in loss because for this you need an extra knowledge and experience.
sr. member
Activity: 686
Merit: 257
August 25, 2017, 04:39:39 AM
#79
Yes, shorting is profitable if you see a downtrend in the coin. As many members mentioned, it is stressful and not advisable to trade margin. I find it better to buy the coins and wait for the price to rise.
sr. member
Activity: 840
Merit: 252
August 25, 2017, 01:45:58 AM
#78
SHorting, just like margin or CFD trading is for risk taker only. The higher they play the higher the rewards they get but the risks on playing or trading using them is very very high and not advisable for anyone.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
August 25, 2017, 01:03:31 AM
#77
Shorting is profitable if you know what you are doing. If you are an inexperienced trader than it definitely is NOT recommended, that is for sure!
Even though you are not well experienced in short trading it is still better to try it rather than letting the opportunity to pass you. If you are not willing to take risk and get to short term trading with full of courage then you should not try trading at all because trading is not a safe haven for your money and it is full of risk but i can guaranteed that it is all worth it.
full member
Activity: 140
Merit: 100
🌟ATLANT ICO: 7/09/17🌟
August 24, 2017, 11:57:03 PM
#76
Shorting is profitable if you know what you are doing. If you are an inexperienced trader than it definitely is NOT recommended, that is for sure!
sr. member
Activity: 462
Merit: 250
August 24, 2017, 11:17:08 PM
#75
What is shorting? Please explain it to me.

Is it like this?
Buy Altcoins and sell immediately after a little bit and fall back a little and buy again? I earned it here but I'm going to go for a ride because I'm getting hit and getting caught up so I do not want to repeat it anymore. is that so ?
full member
Activity: 494
Merit: 104
homt.net
August 24, 2017, 01:43:33 PM
#74
Have any of you got benefit by shorting?please share your thrilling experiences.
i trade it using scalping methode for trading short time, and still get profit 1-3%/transaction  Grin Grin Grin
member
Activity: 84
Merit: 10
August 24, 2017, 12:13:42 PM
#73
Stocks go up and down. Taking a long position on a rising stock makes money and also taking a short position on a falling stock makes money.If we talk about risks: Bill O’Neil, founder of Investor’s Business Daily, examined the issue of short selling in his book “How To Make Money Selling Stocks Short”, and concluded that “few investors really understand how to buy stocks successfully. Even fewer understand when to sell stocks. Virtually no one, including most professionals, knows how to sell short correctly.” In fact if done correctly, the risks of short selling are very similar to the risk of long stock purchases.
sr. member
Activity: 350
Merit: 250
June 13, 2017, 03:30:37 PM
#72
Shorting is risky just as it is to go long on a margin trade except as the market generally goes up shorting presents much more risks than ordinary margin buys. It can potentially be very profitable if you know what you are doing but to demonstrate the risk I remember there was a guy on reddit who posted his experiences with shorting. He has earned over a million over the last years out of very little and lost nearly all of it on one bad short which he kept trying to prop up with new funds as the market went the opposite direction.
and specially for bitcoin. because the price of bitcoin is already trading too much high. though still it have good potential to increase more and more, but in present time the market can take some correction and may be the price fell down a little for some time but after that it will start rising again. so if you have good experience in sort term investment then you can get benefit from it but if you do not have any experience then it can be more risky.
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