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Topic: Is Shorting profitable??? - page 3. (Read 4283 times)

full member
Activity: 149
Merit: 100
June 06, 2017, 07:24:28 AM
#51
Yeah I think the same, it is more about excitement and fun. I was shorttrading ETH at the 180$ peak and earned 1,5 ETH more, but lost them when the big dip came (yeah I know, I am an idiot). Now I wanna go long term, because everytime I made short term, I lost huge profits.
So you learned the hard lesson with shorting in a high volatile market,no one in the right sense would dare to short in a very high volatile market because the loss will be really huge compared to the profit you are planning to earn and with a bull market riding for a long time it is impossible to earn anything with this market unless you are an inside trader.
newbie
Activity: 51
Merit: 0
June 06, 2017, 04:48:48 AM
#50
Profitable? I think Yes but not that big profit like those in long term trading. In shorting, every time you  transact you pay the trading charges or fees. Also, in short trading, prices do not always rise to an unprecedented high. All I can say is short trading is excited and fun.

Yeah I think the same, it is more about excitement and fun. I was shorttrading ETH at the 180$ peak and earned 1,5 ETH more, but lost them when the big dip came (yeah I know, I am an idiot). Now I wanna go long term, because everytime I made short term, I lost huge profits.
hero member
Activity: 1218
Merit: 557
June 06, 2017, 04:44:12 AM
#49
I've seen too many people "lose their shirts" shorting

not worth it IMO, not unless ur a PRO


Well shorting now is like jumping from top. From past couple of months, btc price is on way swing . Just last 2 weeks back price dropped but again it has recovered it and started to move towards 3k.  Price is still in uncertain territory and do not know where it will get stabilized for a time now.
legendary
Activity: 2044
Merit: 1008
June 05, 2017, 10:52:13 PM
#48
Anyone doing shorting right now is potentially committing suicide. For the past 2-3 months, Bitcoin (and the other alts) have been on an upward journey. There have been a few dips here and there, but they were too mild and far between. I have a feeling that the time is not right for shorting. The rest is up to you.
sr. member
Activity: 250
Merit: 250
June 05, 2017, 10:14:48 PM
#47
Have any of you got benefit by shorting?please share your thrilling experiences.

It is very stressful job:
1. it needs big number of coin (if you want to rule it);
2. you have to know right time to get in,... as you know that coins always have up and down (even the best coin - it is not always up, there is also down);

Yes you can make money from the margin,
I do not recommend this sorting things.
member
Activity: 85
Merit: 10
June 05, 2017, 09:24:56 PM
#46
I've seen too many people "lose their shirts" shorting

not worth it IMO, not unless ur a PRO
sr. member
Activity: 378
Merit: 250
June 05, 2017, 08:52:49 PM
#45
Who short in a bull market???  Shocked Shocked its insane
full member
Activity: 266
Merit: 103
June 05, 2017, 07:48:16 PM
#44
Have any of you got benefit by shorting?please share your thrilling experiences.

I have made a good amount of money shorting, although I've made more from long positions. I am currently short SNAP... that company is awful.
hero member
Activity: 1764
Merit: 505
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June 05, 2017, 06:27:11 PM
#43
I do agreed that shorting is very profitable, it is only risky to apply if you apply to do it. Wrong move you will totally wreck but if you do good it will give you very big profit in terms of bitcoin earnings.
It is like win big if you are lucky and the market is negative and die trying if the market recovers quickly and with the kind of volatility bitcoin and other crypto currency has i would not dare to short any coins as it is really not worth to risk that much when you have other ways to make money,i could say it is pure gambling if you are shorting.

Doing some short trades? well maybe your thoughs are right on the other hand but I think it can make us secure our capital if sudden dump would be happen on certain coins out their and doing short trades are matters on coins what you have deal with since their are several coins right now are worth to execute with it, Try to look with shitcoins and provably you could see the positivity on doing that.
hero member
Activity: 2814
Merit: 911
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June 05, 2017, 06:02:17 PM
#42
I do agreed that shorting is very profitable, it is only risky to apply if you apply to do it. Wrong move you will totally wreck but if you do good it will give you very big profit in terms of bitcoin earnings.
It is like win big if you are lucky and the market is negative and die trying if the market recovers quickly and with the kind of volatility bitcoin and other crypto currency has i would not dare to short any coins as it is really not worth to risk that much when you have other ways to make money,i could say it is pure gambling if you are shorting.
sr. member
Activity: 812
Merit: 251
June 05, 2017, 05:49:12 PM
#41
Have any of you got benefit by shorting?please share your thrilling experiences.
I do agreed that shorting is very profitable, it is only risky to apply if you apply to do it. Wrong move you will totally wreck but if you do good it will give you very big profit in terms of bitcoin earnings.
newbie
Activity: 47
Merit: 0
May 31, 2017, 07:14:44 PM
#40
why wouldn't shorting be profitable? If you short in the next big dump/crash, you would be able to make a lot of money. instead of buying low and selling high, you just short high and buy back low.
newbie
Activity: 57
Merit: 0
May 31, 2017, 03:27:06 PM
#39
Shorting is definitely profitable. With bitcoins, you can think of shorting as buying fiat currency with cryptocurrency. going long would be the equivalent of buying
sr. member
Activity: 476
Merit: 250
May 31, 2017, 09:58:59 AM
#38
Yes me, this afternoon TKN double dump, I buy 35 and sell 37 .. very fast profit.
sr. member
Activity: 958
Merit: 265
April 26, 2017, 10:15:32 PM
#37
Have any of you got benefit by shorting?please share your thrilling experiences.
Shorting is very very risky if you know the coin has a potential to get higher value, i tried shorting on poloniex but i failed because the coin get rises but if you know if the coin is getting dump its good to shorting but my tip to you is just watch at your margin trade all day so if you think if the coin will pump again just close it or make a stop loss.
Goodluck!
hero member
Activity: 994
Merit: 502
April 26, 2017, 08:01:09 PM
#36
If the trading volume is high even the small price variation gives a bigger and better profit. So without doubt shorting is profitable, only thing need to be concerned is the right profit margin to make continued trading. Some expect big profit and make price margins which interrupts the continuity.
hero member
Activity: 2870
Merit: 574
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April 26, 2017, 06:56:09 PM
#35
Profitable? I think Yes but not that big profit like those in long term trading. In shorting, every time you  transact you pay the trading charges or fees. Also, in short trading, prices do not always rise to an unprecedented high. All I can say is short trading is excited and fun.

we can short trading is exciting and fun when we can get profit but if its not, then we don't want to called short trading like that. if i were you, i won't do any margin trading because its too risky and it needs big fund to start. beside that we need to have a skill to know where the movements of the coins so we can precisely to make order sell or order buy.
hero member
Activity: 850
Merit: 504
April 26, 2017, 06:23:34 PM
#34
Profitable? I think Yes but not that big profit like those in long term trading. In shorting, every time you  transact you pay the trading charges or fees. Also, in short trading, prices do not always rise to an unprecedented high. All I can say is short trading is excited and fun.
hero member
Activity: 1092
Merit: 501
April 26, 2017, 02:47:58 PM
#33
You can only succeed in shorting trading only if you are a professional trader in margin and leverage trading. Margin trading come with it inherent risk to reward issues. You can have your entire capital wiped out as an amateur trader but the professional and skilful trader knew when to place a trade, where to get his fundamental analysis news from and using technical indicators for entries and exists plan.
Indeed, Shorting was very profitable things, and only professional traders can do that. But this is definitely dangerous too, because one move  mistake can make you wreck instantly, and you will loss everything you had for sure. Like what you said your capital can be wiped out as an amateur trader.
hero member
Activity: 924
Merit: 500
April 07, 2017, 10:56:48 AM
#32
shorting is very risky , increases stress thats why I left margin trading
Yes, you are correct. But if your really sure about the prediction  that you are thinking of, shorting will give also a big profit but if you make a wrong prediction you will loss a lot in your pocket. That's the reason why others use margin trade in some other method.
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