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Topic: Making a x10 or x100 by short selling (Read 673 times)

full member
Activity: 1092
Merit: 227
July 27, 2023, 11:53:59 AM
#90
No one considered that the most you can profit from a short position is 1x of the amount you used for short selling.

To illustrate, if the trader has $1,000 in his account and wanted to use 10x leverage - $10,000 - to short something priced at $100, then the highest amount the trader could take profit is $10,000 IF the coin crashed to zero. The only reason why there's a potential to profit 10x of the original capital is because of leverage, NOT because there's an exponential return.
The OP said that it might be easier to make 10x shorting. well, I think he really hasn't gotten into trading yet. Even when we get 2x profits when short, it is a very good thing. it's not as easy as the OP said. in fact, it takes persistence for it, it's not even easy to get 2x when going short. In addition, many people who target short, get stuck and end up holding on long term because the price of the coin they are buying has dropped drastically. Imagine making $10k, with $1k in a short amount of time. well, I think if it was that easy, nowadays people tend to prefer trading over investing.

It’s time stop thinking right and left when it comes trading or even investing your money because we need to think 360 degree. All the angle and all the bumpy rides along the way.

Chasing a dream of high profits in short period of time? Then just sleep on the couch and start dreaming about it because that is where one can achieve it. In real world things do not work like that but just the opposite. You need to have high level of plans with your investment and good skill set while trading the money.

It’s far better one think this through and do not day dream about such risky profits.
hero member
Activity: 2996
Merit: 609
July 19, 2023, 04:57:53 PM
#89
That's true, nobody that knows crypto would think that it's simple, it's one of the hardest things ever and only a fool would think that it would make sense. I believe that it's not going to be easy at all and we shouldn't really be worried about it neither. Life is not that simple and it's going to cause a lot of people to make mistakes because of it.

People may not believe the same things you believe in, but that doesn't mean that we should respect every single opinion, like this one that doesn't make sense. Shorting is very hard and if you do a x10 shorting that means you can't be wrong too much, if it goes even just a bit higher, then you are going to lose all your money. I hope that it gets easier but shorting will never be easy.
The only other scenario I can think about which could explain why someone may believe that trading in this way is easy is if they got lucky on their first trades and they made some money, and instead of assuming themselves to be incredibly lucky to obtain those profits they somehow think this was the product of their amazing skills.

But we know better, training is hard, short selling is harder, and short selling a market which has the tendency to experiment long bull markets is even harder.
On the time that you would be making those profits on your initial trades then it would really be normal that you would really be having that kind of impression that trading is really just that easy. On the

time that it would happens on which your confidence is already that high and neglected out on following on what are the things that must follow then this is where mistakes and errors would happen
and losses would come next in line. In because of pursuing on trying out to make 10x or 100x then these are the reasons on which it would really be pushing you to trade more and would be acting
like a gambler who would really be that desperate when it comes to their trading decisions which its not something recommended.

Trading is really involved with lots of trial and errors on which it is really just that right that you should really be mindful on what are those realistic things which needed up with some
realistic approach and dont make yourself that too desperate because this is where mistakes do usually come from.
hero member
Activity: 2702
Merit: 704
July 18, 2023, 10:46:10 PM
#88
That's true, nobody that knows crypto would think that it's simple, it's one of the hardest things ever and only a fool would think that it would make sense. I believe that it's not going to be easy at all and we shouldn't really be worried about it neither. Life is not that simple and it's going to cause a lot of people to make mistakes because of it.

People may not believe the same things you believe in, but that doesn't mean that we should respect every single opinion, like this one that doesn't make sense. Shorting is very hard and if you do a x10 shorting that means you can't be wrong too much, if it goes even just a bit higher, then you are going to lose all your money. I hope that it gets easier but shorting will never be easy.
The only other scenario I can think about which could explain why someone may believe that trading in this way is easy is if they got lucky on their first trades and they made some money, and instead of assuming themselves to be incredibly lucky to obtain those profits they somehow think this was the product of their amazing skills.

But we know better, trading is hard, short selling is harder, and short selling a market which has the tendency to experiment long bull markets is even harder.
legendary
Activity: 2842
Merit: 1152
July 14, 2023, 02:20:54 PM
#87
The OP said that it might be easier to make 10x shorting. well, I think he really hasn't gotten into trading yet. Even when we get 2x profits when short, it is a very good thing. it's not as easy as the OP said. in fact, it takes persistence for it, it's not even easy to get 2x when going short. In addition, many people who target short, get stuck and end up holding on long term because the price of the coin they are buying has dropped drastically. Imagine making $10k, with $1k in a short amount of time. well, I think if it was that easy, nowadays people tend to prefer trading over investing.
That's true, nobody that knows crypto would think that it's simple, it's one of the hardest things ever and only a fool would think that it would make sense. I believe that it's not going to be easy at all and we shouldn't really be worried about it neither. Life is not that simple and it's going to cause a lot of people to make mistakes because of it.

People may not believe the same things you believe in, but that doesn't mean that we should respect every single opinion, like this one that doesn't make sense. Shorting is very hard and if you do a x10 shorting that means you can't be wrong too much, if it goes even just a bit higher, then you are going to lose all your money. I hope that it gets easier but shorting will never be easy.
I agree, it is not going to be simple and nothing is that simple at all. Having a 10x short or even 100x which is already beyond logical, is just a fools move if you are not an expert trader. Some people, very rarely, could do it and make money because they are experts at what they do, but they are experts so that makes sense, they spent decades on trading platforms and they have studied it and have advanced level of math.

This means that if you are not going to end up with a trouble, then you are going to end up with no profit as well. If you are careful and if you are timid that's not going to work but that doesn't mean you should be making wrong moves neither, just be careful and you should be making a bigger profit.
hero member
Activity: 2968
Merit: 670
www.Crypto.Games: Multiple coins, multiple games
July 13, 2023, 08:15:54 AM
#86
No one considered that the most you can profit from a short position is 1x of the amount you used for short selling.

To illustrate, if the trader has $1,000 in his account and wanted to use 10x leverage - $10,000 - to short something priced at $100, then the highest amount the trader could take profit is $10,000 IF the coin crashed to zero. The only reason why there's a potential to profit 10x of the original capital is because of leverage, NOT because there's an exponential return.
The OP said that it might be easier to make 10x shorting. well, I think he really hasn't gotten into trading yet. Even when we get 2x profits when short, it is a very good thing. it's not as easy as the OP said. in fact, it takes persistence for it, it's not even easy to get 2x when going short. In addition, many people who target short, get stuck and end up holding on long term because the price of the coin they are buying has dropped drastically. Imagine making $10k, with $1k in a short amount of time. well, I think if it was that easy, nowadays people tend to prefer trading over investing.
That's true, nobody that knows crypto would think that it's simple, it's one of the hardest things ever and only a fool would think that it would make sense. I believe that it's not going to be easy at all and we shouldn't really be worried about it neither. Life is not that simple and it's going to cause a lot of people to make mistakes because of it.

People may not believe the same things you believe in, but that doesn't mean that we should respect every single opinion, like this one that doesn't make sense. Shorting is very hard and if you do a x10 shorting that means you can't be wrong too much, if it goes even just a bit higher, then you are going to lose all your money. I hope that it gets easier but shorting will never be easy.
full member
Activity: 1050
Merit: 100
July 13, 2023, 12:29:59 AM
#85
One can simply not hold if they are trading in futures, they will either get profit or get liquidated if the market moves in the opposite direction based on what leverage they have selected for their trade, so it's obviously not easy to get 10x in futures trading, even the ones who are experts of the market tend to lose money when it comes to short futures trading because it is very difficult to perfectly time the market in these kind of situations.

Futures trading is basically not for users who have no knowledge or experience at all, newbies need to stay away from futures trading because they will easily lose all their capital in no time if they just get influenced and start trading futures so that they get a lot of profit in a short period of time.
It could be argued that even good traders need to stay away from futures trading, and this is because the risk taken is simply too high, one of the ways traders have to protect themselves and the capital on their accounts is by using a tight stop loss and by using a small position size when they trade.

But futures trading compounds the risk you are taking many times over by forcing you to reduce those safety measures, and when combined with the extreme volatility we see on the markets a single bad trade can be enough to get your account liquidated, and this means the margin of error while trading in this way is minimal.
in futures trading requires maximum skill, considering this is not allowed to try, or we will regret it later. gradual learning, discipline, and qualified psychology must be applied. therefore it is difficult for us to immediately jump into this trade without learning first. it's different with long-term investments where we choose bitcoin to invest, just waiting for the bull run to come, even if you have minimal knowledge it will be safe to invest, as long as you can hold it
hero member
Activity: 2702
Merit: 704
July 12, 2023, 11:24:30 PM
#84
One can simply not hold if they are trading in futures, they will either get profit or get liquidated if the market moves in the opposite direction based on what leverage they have selected for their trade, so it's obviously not easy to get 10x in futures trading, even the ones who are experts of the market tend to lose money when it comes to short futures trading because it is very difficult to perfectly time the market in these kind of situations.

Futures trading is basically not for users who have no knowledge or experience at all, newbies need to stay away from futures trading because they will easily lose all their capital in no time if they just get influenced and start trading futures so that they get a lot of profit in a short period of time.
It could be argued that even good traders need to stay away from futures trading, and this is because the risk taken is simply too high, one of the ways traders have to protect themselves and the capital on their accounts is by using a tight stop loss and by using a small position size when they trade.

But futures trading compounds the risk you are taking many times over by forcing you to reduce those safety measures, and when combined with the extreme volatility we see on the markets a single bad trade can be enough to get your account liquidated, and this means the margin of error while trading in this way is minimal.
hero member
Activity: 2856
Merit: 769
July 12, 2023, 05:22:44 PM
#83
No one considered that the most you can profit from a short position is 1x of the amount you used for short selling.

To illustrate, if the trader has $1,000 in his account and wanted to use 10x leverage - $10,000 - to short something priced at $100, then the highest amount the trader could take profit is $10,000 IF the coin crashed to zero. The only reason why there's a potential to profit 10x of the original capital is because of leverage, NOT because there's an exponential return.
The OP said that it might be easier to make 10x shorting. well, I think he really hasn't gotten into trading yet. Even when we get 2x profits when short, it is a very good thing. it's not as easy as the OP said. in fact, it takes persistence for it, it's not even easy to get 2x when going short. In addition, many people who target short, get stuck and end up holding on long term because the price of the coin they are buying has dropped drastically. Imagine making $10k, with $1k in a short amount of time. well, I think if it was that easy, nowadays people tend to prefer trading over investing.
One can simply not hold if they are trading in futures, they will either get profit or get liquidated if the market moves in the opposite direction based on what leverage they have selected for their trade, so it's obviously not easy to get 10x in futures trading, even the ones who are experts of the market tend to lose money when it comes to short futures trading because it is very difficult to perfectly time the market in these kind of situations.

Futures trading is basically not for users who have no knowledge or experience at all, newbies need to stay away from futures trading because they will easily lose all their capital in no time if they just get influenced and start trading futures so that they get a lot of profit in a short period of time.
Going past 10x in leverage or futures trading is already risky or i shall say that it would really be that already a gamble because having that 25x or 125x or more then it would really be totally risky and its true that even on

slightest movement then we do know that higher the risks on getting liquidated. It is really that surprising that there were even some noobs who do really be able to dive in with futures trading without having that sufficient experience and knowledge on spot trading on which you could really be able to laugh on what the heck they've been doing on this very risky field? Even myself had been able to trade for too long but i havent touched up on trading with futures on which i do know and able to see on how it would easily fucked you up on short time.

Yes, when it comes to potential income or profit then you could actually able to reach it out if the market would really go along on what you have predicted and not the opposite.
It is really just that there are people who are really that risks takers on whose they do really love on touching up this area despite of the risks.
So its personal choice whether you would really be pushing it through or not.
hero member
Activity: 2492
Merit: 586
July 12, 2023, 01:22:10 PM
#82
No one considered that the most you can profit from a short position is 1x of the amount you used for short selling.

To illustrate, if the trader has $1,000 in his account and wanted to use 10x leverage - $10,000 - to short something priced at $100, then the highest amount the trader could take profit is $10,000 IF the coin crashed to zero. The only reason why there's a potential to profit 10x of the original capital is because of leverage, NOT because there's an exponential return.
The OP said that it might be easier to make 10x shorting. well, I think he really hasn't gotten into trading yet. Even when we get 2x profits when short, it is a very good thing. it's not as easy as the OP said. in fact, it takes persistence for it, it's not even easy to get 2x when going short. In addition, many people who target short, get stuck and end up holding on long term because the price of the coin they are buying has dropped drastically. Imagine making $10k, with $1k in a short amount of time. well, I think if it was that easy, nowadays people tend to prefer trading over investing.
One can simply not hold if they are trading in futures, they will either get profit or get liquidated if the market moves in the opposite direction based on what leverage they have selected for their trade, so it's obviously not easy to get 10x in futures trading, even the ones who are experts of the market tend to lose money when it comes to short futures trading because it is very difficult to perfectly time the market in these kind of situations.

Futures trading is basically not for users who have no knowledge or experience at all, newbies need to stay away from futures trading because they will easily lose all their capital in no time if they just get influenced and start trading futures so that they get a lot of profit in a short period of time.
legendary
Activity: 2688
Merit: 1004
Sugars.zone | DatingFi - Earn for Posting
July 11, 2023, 10:50:26 PM
#81
No one considered that the most you can profit from a short position is 1x of the amount you used for short selling.

To illustrate, if the trader has $1,000 in his account and wanted to use 10x leverage - $10,000 - to short something priced at $100, then the highest amount the trader could take profit is $10,000 IF the coin crashed to zero. The only reason why there's a potential to profit 10x of the original capital is because of leverage, NOT because there's an exponential return.
The OP said that it might be easier to make 10x shorting. well, I think he really hasn't gotten into trading yet. Even when we get 2x profits when short, it is a very good thing. it's not as easy as the OP said. in fact, it takes persistence for it, it's not even easy to get 2x when going short. In addition, many people who target short, get stuck and end up holding on long term because the price of the coin they are buying has dropped drastically. Imagine making $10k, with $1k in a short amount of time. well, I think if it was that easy, nowadays people tend to prefer trading over investing.
full member
Activity: 1050
Merit: 140
July 08, 2023, 10:44:30 AM
#80
Unfortunately there are a lot of people who do that, why do they do that? I have no idea but we all know that they are still doing it. Leverage is a very risky business and we need to realize that it is going to hurt a lot of people and we need to move away from that as quickly as possible as well.

If we keep on trusting that bitcoin will be going up or down for sure and we end up with an investment like that, we are not going to be happy about the result, we need to just realize that's not possible anymore. If you think you are 100% certain that you know which direction bitcoin will go enough to do a 100x leverage trade, you either have to be amazing at trading, or you are going to lose all your money very quickly, that's not that smart.
That's why they say futures trading is not for beginners, it is done by those who are either too confident about their skills and experiences that they know the trade would go in their favor, or those who don't care if they lose the money because they know they can afford it, so they take such risks without thinking twice because they know that if they hit it, they will earn a lot of profit with only a small investment and if it doesn't work out, they will just lose their investment.

Most newbies make the mistake of doing futures trading by getting influenced by some so-called signal providers and use very high leverages only to end up getting liquidated and losing all their money in a single trade, these people don't know that those who are providing the signals can afford it while they can't.
hero member
Activity: 2856
Merit: 769
July 06, 2023, 12:43:21 PM
#79
It's the dumbest thing to use leverage as high as x10 or x100 and open short position on futures, it's just the dumbest thing to do in the world. By using x10 leverage, in case prices increases by 10 percent, you are going to lose all of your money and with x100 leverage, in case price increases by 1%, you are going to lose all money. While it's true that in case prices decreases by 10 percent or even more, you are going to make enormous profit, your timing should be perfect and there is a very low chance one can be that lucky. In the best case, you may succeed with x10 leverage but your timing should be perfect again. Personally, I wouldn't risk with more than x2 or x3 leverage because you have to keep in mind that sometimes exchanges manipulate with futures trading to liquidate assets. You can open Binance and see that sometimes on futures trading, enormously prices increase or decrease, is not on par with spot trading and then after some minutes, it stabilizes. This is the time when your assets will get liquidated, that's why you shouldn't risk with more than x2 or x3 leverage.
Unfortunately there are a lot of people who do that, why do they do that? I have no idea but we all know that they are still doing it. Leverage is a very risky business and we need to realize that it is going to hurt a lot of people and we need to move away from that as quickly as possible as well.

If we keep on trusting that bitcoin will be going up or down for sure and we end up with an investment like that, we are not going to be happy about the result, we need to just realize that's not possible anymore. If you think you are 100% certain that you know which direction bitcoin will go enough to do a 100x leverage trade, you either have to be amazing at trading, or you are going to lose all your money very quickly, that's not that smart.
We cant really just deny on the fact that there would really be those people who would really be having that kind of gambler like kind of act when it comes to investment on which it would really be just that normal that they

would really be having those considerations on taking up such step for them to invest and trade out despite of the high risks that they are getting involved into. Leverage on making use of 25x above or more is already
considered to be risky and its not something that i could really be affording on doing so.How much more into those max leverage using up 125x or more? Yes, it would really be that so much
rewarding if ever you would be able to get the right trade or position but we know that this market is unpredictable on which it would makes more even that riskier.

It isnt really t hat something recommended if we do speak about engaging with leverage or futures trading on huge one.If you dont mind then go ahead and proceed.
legendary
Activity: 2842
Merit: 1152
July 06, 2023, 12:39:35 PM
#78
It's the dumbest thing to use leverage as high as x10 or x100 and open short position on futures, it's just the dumbest thing to do in the world. By using x10 leverage, in case prices increases by 10 percent, you are going to lose all of your money and with x100 leverage, in case price increases by 1%, you are going to lose all money. While it's true that in case prices decreases by 10 percent or even more, you are going to make enormous profit, your timing should be perfect and there is a very low chance one can be that lucky. In the best case, you may succeed with x10 leverage but your timing should be perfect again. Personally, I wouldn't risk with more than x2 or x3 leverage because you have to keep in mind that sometimes exchanges manipulate with futures trading to liquidate assets. You can open Binance and see that sometimes on futures trading, enormously prices increase or decrease, is not on par with spot trading and then after some minutes, it stabilizes. This is the time when your assets will get liquidated, that's why you shouldn't risk with more than x2 or x3 leverage.
Unfortunately there are a lot of people who do that, why do they do that? I have no idea but we all know that they are still doing it. Leverage is a very risky business and we need to realize that it is going to hurt a lot of people and we need to move away from that as quickly as possible as well.

If we keep on trusting that bitcoin will be going up or down for sure and we end up with an investment like that, we are not going to be happy about the result, we need to just realize that's not possible anymore. If you think you are 100% certain that you know which direction bitcoin will go enough to do a 100x leverage trade, you either have to be amazing at trading, or you are going to lose all your money very quickly, that's not that smart.
full member
Activity: 1204
Merit: 102
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
July 06, 2023, 10:31:38 AM
#77
Hi there is a lot of talk about finding opportunities to make a x10 or a x100.

But I think it is easier to make a x10 by selling short...any tips to get the best ROI possible by selling short?

How can I know which coins would have earned me x10 if I had sold short in the last few months?


People are good in position only for buy. Sometimes they are good at selling at short in the market, if you have knowledge in technical analysis and keep updated with the news related to the coin you want to trade there's always a better opportunity to take profit. For example one of the exchange have an issue for sure there's a chance that their coin will go down, and this is a good opportunity to make a position for selling and buy back when it comes to the dip of the market. Sometimes people hope they get instant millionaires how? by hunting a shitcoins small investments makes you get more profit instantly if the people keep buying and that's the time you make take profit. Grab the opportunity and be first than others.
there's nothing like it, though it's possible for someone with experience in looking at shitcoin projects to do it. but it's too risky if shitcoin suddenly disappears from the market. don't we also see quite a lot of hype shitcoins in the community and suddenly destroyed when they were just registered. be careful if you want to put our money in shitcoin. to be honest it's too risky even though we use small money. after all none of them could become rich in a very short time.
if we realize that shitcoin is too risky, and a little capital is also not wise, then if we have personal analysis and are interested in investing in new projects then what we can use is pocket money or fuel money, so even if we lose it we think we are snacking. I normally allocate this money aside from profits and it is really free money that we intend to snack on. that way it won't damage our psychology if it doesn't match expectations, because we know from the start the percentage for a big scam on this shitcoin
sr. member
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
July 06, 2023, 10:14:13 AM
#76
Hi there is a lot of talk about finding opportunities to make a x10 or a x100.

But I think it is easier to make a x10 by selling short...any tips to get the best ROI possible by selling short?

How can I know which coins would have earned me x10 if I had sold short in the last few months?


People are good in position only for buy. Sometimes they are good at selling at short in the market, if you have knowledge in technical analysis and keep updated with the news related to the coin you want to trade there's always a better opportunity to take profit. For example one of the exchange have an issue for sure there's a chance that their coin will go down, and this is a good opportunity to make a position for selling and buy back when it comes to the dip of the market. Sometimes people hope they get instant millionaires how? by hunting a shitcoins small investments makes you get more profit instantly if the people keep buying and that's the time you make take profit. Grab the opportunity and be first than others.
there's nothing like it, though it's possible for someone with experience in looking at shitcoin projects to do it. but it's too risky if shitcoin suddenly disappears from the market. don't we also see quite a lot of hype shitcoins in the community and suddenly destroyed when they were just registered. be careful if you want to put our money in shitcoin. to be honest it's too risky even though we use small money. after all none of them could become rich in a very short time.
hero member
Activity: 1498
Merit: 974
Bitcoin Casino Est. 2013
July 06, 2023, 09:43:18 AM
#75
Hi there is a lot of talk about finding opportunities to make a x10 or a x100.

But I think it is easier to make a x10 by selling short...any tips to get the best ROI possible by selling short?

How can I know which coins would have earned me x10 if I had sold short in the last few months?


People are good in position only for buy. Sometimes they are good at selling at short in the market, if you have knowledge in technical analysis and keep updated with the news related to the coin you want to trade there's always a better opportunity to take profit. For example one of the exchange have an issue for sure there's a chance that their coin will go down, and this is a good opportunity to make a position for selling and buy back when it comes to the dip of the market. Sometimes people hope they get instant millionaires how? by hunting a shitcoins small investments makes you get more profit instantly if the people keep buying and that's the time you make take profit. Grab the opportunity and be first than others.
hero member
Activity: 854
Merit: 772
Watch Bitcoin Documentary - https://t.ly/v0Nim
July 06, 2023, 03:58:58 AM
#74
Hi there is a lot of talk about finding opportunities to make a x10 or a x100.

But I think it is easier to make a x10 by selling short...any tips to get the best ROI possible by selling short?

How can I know which coins would have earned me x10 if I had sold short in the last few months?

It's the dumbest thing to use leverage as high as x10 or x100 and open short position on futures, it's just the dumbest thing to do in the world. By using x10 leverage, in case prices increases by 10 percent, you are going to lose all of your money and with x100 leverage, in case price increases by 1%, you are going to lose all money. While it's true that in case prices decreases by 10 percent or even more, you are going to make enormous profit, your timing should be perfect and there is a very low chance one can be that lucky. In the best case, you may succeed with x10 leverage but your timing should be perfect again. Personally, I wouldn't risk with more than x2 or x3 leverage because you have to keep in mind that sometimes exchanges manipulate with futures trading to liquidate assets. You can open Binance and see that sometimes on futures trading, enormously prices increase or decrease, is not on par with spot trading and then after some minutes, it stabilizes. This is the time when your assets will get liquidated, that's why you shouldn't risk with more than x2 or x3 leverage.
legendary
Activity: 3080
Merit: 1131
July 05, 2023, 05:31:30 PM
#73
How can I know which coins would have earned me x10 if I had sold short in the last few months?
You just don't.
I think the closest way to any assurances is, joild you have been on the team to have developed and sold such shit coin but still, you would be tagged a scammer and the law might find you some day.
If there are any assurances on selling short or having a definite time to sell and make 10x or 100x, a lot of crypto investors would have been $millionaires and $billionaires.

The later is the case and so, a trier on what we feel we know or appeals to is is wall we've got and a good enough place to start.
Still, I wouldn't recommend a beginner to be up and about altcoins. Bitcoin would serve you more, buying and holding on a long term.
You just cant easily be able to make such multiplier and the most common approach for those people who do really mind off about getting those potential x10 on their investment or more is on the time that they would

really be touching up meme coin investment on which you would really be able to find out these things neither on dexview,dexscrener or poocoin or whatever dexes out there which this is the most common place on which these new coins would really be ending up into or firstly listed. When we do speak about solid projects then it would really be that no simple on choosing one because we cant really be able to be so sure
on which one. This is when your analysis and knowledge would be kicking in and this is something that do really differs into each person.

There are really people who cant really just wait up for too long for them to get profits and this is why people would really be having those thoughts on going into the other path.
hero member
Activity: 896
Merit: 645
July 05, 2023, 07:20:10 AM
#72
How can I know which coins would have earned me x10 if I had sold short in the last few months?
You just don't.
I think the closest way to any assurances is, joild you have been on the team to have developed and sold such shit coin but still, you would be tagged a scammer and the law might find you some day.
If there are any assurances on selling short or having a definite time to sell and make 10x or 100x, a lot of crypto investors would have been $millionaires and $billionaires.

The later is the case and so, a trier on what we feel we know or appeals to is is wall we've got and a good enough place to start.
Still, I wouldn't recommend a beginner to be up and about altcoins. Bitcoin would serve you more, buying and holding on a long term.
hero member
Activity: 2002
Merit: 633
Your keys, your responsibility
July 05, 2023, 06:09:28 AM
#71
And imagine if you invested not 1k but 10k, how much would it increase your potential profit, and if the amount is 50k, or 100k. Therefore, having good capital, one cycle may be enough to become a wealthy person, there are always opportunities, you just need to be able to use it.

Remember that the crypto market fluctuates a lot and the op's initiative is to collect those profits in trading short time frames, it is actually not impossible if in the futures market. There are only important points:
  • the shorter the trading term, the greater the emotional impulse.
  • the smaller the capital with a high profit target, the higher the leverage used must be
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