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Topic: Making a x10 or x100 by short selling - page 2. (Read 761 times)

legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
July 05, 2023, 03:31:32 AM
#70
Which is the same story as always, on paper it is very easy to imagine that if you just buy at the bottom and sell at the top then the profits you can get will be huge, but once you try to put your strategy into practice then things get way more complicated to the point that the perfect strategy that you envisioned crumbles under duress and you are forced once again to think about what you are doing wrong before creating yet another strategy.
Maintaining an Excel sheet for buying points help keep track of those numbers at a glance and then you can plan your selling points without doing too much calculation. Buying low and selling high seeme easy but the tough part is keeping this data and keeping patience in between the cycles in order to keep the profit margins maximized. Exit your positions at a good profit but don't expect profits to come in everyday.

In any type of trading other than spot trading the trader has to take a chance and thus the risk is higher. If you are up for gambling with your money, go for it. But remember that most of the newbie traders get trapped in it unable to make it out.
legendary
Activity: 2898
Merit: 1823
June 27, 2023, 10:09:52 AM
#69
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.
legendary
Activity: 3052
Merit: 1168
Leading Crypto Sports Betting & Casino Platform
June 20, 2023, 03:38:02 PM
#68
x10 is a very big profit, even x2 is very good because it doubles your capital, not many markets are able to give you such a profit. But it is very important how you can take advantage of this opportunity, and how much capital you invest, because if you buy 1000 dollars worth of bitcoin, then in the end when you can double your investment it will be only 2k, that's not so much, or even if you succeed on a new bull market and you get x10, then it will be only 10k, which is already better, but still very small.

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.
Saying "have more start money to invest" isn't really constructive advice. Investing $10k if you have only $1k to invest isn't a missed opportunity. It's a bad advice.

Everyone start with something they have, so you need to plan around on that.
I've seen people making millions by starting with $500. You just don't usually do it with hodling one coin but keep making more by cashing out soon enough and changing the projects and raising your capital slowly.

Sure it needs lots of research and work and ton of luck to succeed. But you would need way more luck just finding the one project making you rich.


 
legendary
Activity: 966
Merit: 1042
#SWGT CERTIK Audited
June 20, 2023, 11:11:24 AM
#67
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?


Short Leverage Trade?

Hmm, a linear short trade is possible in ideal conditions for the rest, it is similar to gambling, now don't get confused by this I am saying Trading is Gambling. Dear trading is not Gambling but Leverage trading is a sort of Gambling (Parital Gambling). Answering to your question yes it is possible to make 10x to 100x  even by shorting the trade. I was reading a story of a tender who made 10x by just shorting in the market at the time of COVID-19 and the story seems true because at that time market was freely falling and there was a huge fud. So the answer is quite simple because it's the market anything is possible it all depends on the demand and supply (Trend).

A few tips I trading;

⚫ Learn & Educate yourself.
⚫ Create a Strategy.
⚫ Focus on analysis.
⚫ Be careful with Risk management.

legendary
Activity: 2534
Merit: 1338
June 20, 2023, 10:14:29 AM
#66
Which is the same story as always, on paper it is very easy to imagine that if you just buy at the bottom and sell at the top then the profits you can get will be huge, but once you try to put your strategy into practice then things get way more complicated to the point that the perfect strategy that you envisioned crumbles under duress and you are forced once again to think about what you are doing wrong before creating yet another strategy.

I don't know why people loves risk that are too high, 10x is manageable even though I also see it as a way to lose everything but 100x is like a grenade traders love to play with, I don't consider such kind of risk because when something is too good to be true, it's better to avoid such because at the end, you will lose more than you will gain. Ideally, trading is very easy to discuss but the reality is different, shorting the market with such kind of leverage is not easy in application, you have to analyze the market when you expect some crash like the other day SEC had issues with bank, that's the period to short the market with these leverages but for conviniency, do spot trading and enjoy your small profit and loss.
They take those risks since the capital they have is on the small side and they realize that if they were to refuse to use leverage or use a small amount of it they will never reach their financial goals, so they use a massive amount of leverage to increase their profits only to get the opposite results, as with such a high leverage there is not really any margin of error and you have to predict what the market is going to do at all times or lose all your money in a single trade.
hero member
Activity: 952
Merit: 552
June 18, 2023, 05:43:43 AM
#65
Cryptocurrency has many opportunities, but the question is how will you find them and how will you execute the plan?

You could say that shorting shitcoins can be profitable, but you also need to consider that illiquidity pump and announcement pump that happens, as this can lead to liquidation. Of course that's not desirable, and add to that the fact that you have to pay funding rates.

Easier said than done.
Which is the same story as always, on paper it is very easy to imagine that if you just buy at the bottom and sell at the top then the profits you can get will be huge, but once you try to put your strategy into practice then things get way more complicated to the point that the perfect strategy that you envisioned crumbles under duress and you are forced once again to think about what you are doing wrong before creating yet another strategy.

I don't know why people loves risk that are too high, 10x is manageable even though I also see it as a way to lose everything but 100x is like a grenade traders love to play with, I don't consider such kind of risk because when something is too good to be true, it's better to avoid such because at the end, you will lose more than you will gain. Ideally, trading is very easy to discuss but the reality is different, shorting the market with such kind of leverage is not easy in application, you have to analyze the market when you expect some crash like the other day SEC had issues with bank, that's the period to short the market with these leverages but for conviniency, do spot trading and enjoy your small profit and loss.
sr. member
Activity: 1008
Merit: 262
Vave.com - Crypto Casino
June 18, 2023, 04:59:31 AM
#64
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 is easier to make 10x than to make 100x? On that you are right, but making 10x is not really easy, there is no amount of tips and tricks which can allows you to earn that amount easily, besides 10x is still a massive amount, as if you are trying to earn that with every single trade then you will only need two trades to get 100x, which shows how ridiculously high those expectations really are, then I suggest you lower your expectations dramatically if you want to have any chance of actually making them true.
Making a 10× on a short could be easier than said especially now that there is no much frequent movement in the market to create a good volatility for a long profits like 10×. You even need to wait for a 10× for you to go short.
 You can make good amount of money when you leverage your trade to earn more money from the market. You can earn more if you know how to leverage very well mostly in a ranging market. Those are looking to make like 10× to 100× might make mistake along there taste to earn big from the market.
I will prefer going for few short sell on yhe market than waiting for a marathon long holding.
hero member
Activity: 980
Merit: 947
June 18, 2023, 03:32:48 AM
#63
Even 10x can be very difficult to get on an established coin, on the case of bitcoin someone which wanted to obtain those results will require to buy at the bottom of the bear market which was 15k and hope for 150k to be reached during the next bull run, and while I believe such a high price is possible this would require perfect timing by the investor trying to obtain those profits, something that we know is incredibly hard as only a handful of people are able to buy at the bottom and sell at the top.
x10 is a very big profit, even x2 is very good because it doubles your capital, not many markets are able to give you such a profit. But it is very important how you can take advantage of this opportunity, and how much capital you invest, because if you buy 1000 dollars worth of bitcoin, then in the end when you can double your investment it will be only 2k, that's not so much, or even if you succeed on a new bull market and you get x10, then it will be only 10k, which is already better, but still very small.

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.
hero member
Activity: 1148
Merit: 518
June 17, 2023, 11:37:24 PM
#62

X10 is still fairly normal because trading by eliminating greed is quite good, but if you use x100 it is clear that it is very high risk,
because you can get liquidated quickly, even it's like a gamble. if you are not yet a professional trader, it is better not to use x100,
let alone short sell, when the market is bearish, it is very easy to manipulate by whales.
The typical leverage deployed by traders in the market is x10, but anything above x100 indicates that a trader is looking to liquidate his or her accounts. That high level of risk associated with increased leverage with minuscule accounts is frequently the product of greed and desperation. Shorting on the spot market yields lower earnings than shorting on the futures market. Regardless of the size of the account, leverage contributes to the boosting approach, profits, and loss of a trade. Leverages are the variables that propelled our market trades. Shorting in futures trading would be impossible without leverage.
legendary
Activity: 2534
Merit: 1338
June 16, 2023, 03:41:00 AM
#61

X10 is still fairly normal because trading by eliminating greed is quite good, but if you use x100 it is clear that it is very high risk,
because you can get liquidated quickly, even it's like a gamble. if you are not yet a professional trader, it is better not to use x100,
let alone short sell, when the market is bearish, it is very easy to manipulate by whales.

this multiplier depends on the alt in question. actually, the x10 is quite hard for a seemingly old alt. you will see this in most new alts where the team is prone to pump and dump scheme. and if the supply is low and the amount needed to move the market is only small. but for currencies like btc, eth, you need large sum of money before you can see a high percentage of change in the market.
for people who are looking for alts that can make x10 to x100, be very careful. because if you are late in selling your coins, you will likely end up holding worthless coins.
Even 10x can be very difficult to get on an established coin, on the case of bitcoin someone which wanted to obtain those results will require to buy at the bottom of the bear market which was 15k and hope for 150k to be reached during the next bull run, and while I believe such a high price is possible this would require perfect timing by the investor trying to obtain those profits, something that we know is incredibly hard as only a handful of people are able to buy at the bottom and sell at the top.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
June 13, 2023, 06:46:24 PM
#60

X10 is still fairly normal because trading by eliminating greed is quite good, but if you use x100 it is clear that it is very high risk,
because you can get liquidated quickly, even it's like a gamble. if you are not yet a professional trader, it is better not to use x100,
let alone short sell, when the market is bearish, it is very easy to manipulate by whales.

this multiplier depends on the alt in question. actually, the x10 is quite hard for a seemingly old alt. you will see this in most new alts where the team is prone to pump and dump scheme. and if the supply is low and the amount needed to move the market is only small. but for currencies like btc, eth, you need large sum of money before you can see a high percentage of change in the market.
for people who are looking for alts that can make x10 to x100, be very careful. because if you are late in selling your coins, you will likely end up holding worthless coins.
legendary
Activity: 2534
Merit: 1338
June 13, 2023, 01:52:02 AM
#59
Cryptocurrency has many opportunities, but the question is how will you find them and how will you execute the plan?

You could say that shorting shitcoins can be profitable, but you also need to consider that illiquidity pump and announcement pump that happens, as this can lead to liquidation. Of course that's not desirable, and add to that the fact that you have to pay funding rates.

Easier said than done.
Which is the same story as always, on paper it is very easy to imagine that if you just buy at the bottom and sell at the top then the profits you can get will be huge, but once you try to put your strategy into practice then things get way more complicated to the point that the perfect strategy that you envisioned crumbles under duress and you are forced once again to think about what you are doing wrong before creating yet another strategy.
full member
Activity: 1330
Merit: 100
C O M B O
June 11, 2023, 05:52:36 PM
#58

X10 is still fairly normal because trading by eliminating greed is quite good, but if you use x100 it is clear that it is very high risk,
because you can get liquidated quickly, even it's like a gamble. if you are not yet a professional trader, it is better not to use x100,
let alone short sell, when the market is bearish, it is very easy to manipulate by whales.
legendary
Activity: 3052
Merit: 1188
June 11, 2023, 01:20:10 PM
#57
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 not that easy to do especially if you have to choose between thousand of coins in the market with the chance of you losing more than you get. Even if they know about the coins/tokens you are talking about then the chance of them telling you is nearly zero because it would ruin their secret and would make everything become worse.

Try to get small profit at first, even like 33% - 50% profit for every trade you make is still great to get. If you can't do it to get small profit, then how in the hell would you be able to get the bigger one?
I think that's the trouble, there are tens of thousands of coins and tokens on the market and there are new ones coming out all the time, trying to find the good one will not be easy, it is going to take years to master something like that and even after that you are not going to be good at it at all.

I feel like it should not be that easy, I know that it will take some time but at the end of the day we are going to have some trouble, it is not going to be easy. I hope that people will find shorting or funding or whatever they want to do as a good way to make a profit but there will always be a lot of people who will lose money because of it. I am not sure how it will work in the end but that's just how it is at the moment. I know that it may not be that simple, but I do hope they make a profit.
hero member
Activity: 840
Merit: 570
June 11, 2023, 10:38:04 AM
#56
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 is not always easy to see coins that will do x10 or talk of x100; it is by opportunity, and it is always very rare. As for me, if I find any opportunity for my coin to do x10, I don't think I will wait for it to do x100 again; I will just sell it and take my profit. As we know It is only altcoins that do x10 or x100 easily, and altcoins are not reliable because they always pump and dump coins, and those investors that always pump altcoins are just doing it to attract new investors, so when they get new investors, they will just remove the money they invest from the project after they make profits and dump the coins, and from there, any other investor will be in panic and start selling their coin even at a lost. It is not always easy for someone to meet their target with altcoins unless you smart because if someone want to wait for long time someone may not lost even it capital and for bitcoin, you need to wait for many years before you have the opportunity to see it do x10 or x100.
jr. member
Activity: 32
Merit: 1
June 11, 2023, 06:20:06 AM
#55
Cryptocurrency has many opportunities, but the question is how will you find them and how will you execute the plan?

You could say that shorting shitcoins can be profitable, but you also need to consider that illiquidity pump and announcement pump that happens, as this can lead to liquidation. Of course that's not desirable, and add to that the fact that you have to pay funding rates.

Easier said than done.
hero member
Activity: 1974
Merit: 534
June 10, 2023, 12:21:29 AM
#54
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?


Short selling means to sell something today that you don't own, you need someone else to lend you the particular coin you are looking for. Then after some time you need to buy back the coin at the market to repay it to your lender. While it's theoretical possible to 10 or 100x  returns it's not very likely. For such kind of returns you need a coin to lose large sums of money, what is not going to happen. One issue is also to find someone to lend you his coins when the outlook is so pessimistic. Why would someone not outright sell his positions when there is a big risk for the price to drop? And instead lend it out to another investor for a small fee. Another issue is the big risk of short positions because there is no limit on the downside. In case of a coin to make a huge price jump the loss on the short position would be devastating. I prefer to focus on long positions and own the coins that I buy.
hero member
Activity: 2814
Merit: 526
Undeads.com - P2E Runner Game
June 09, 2023, 01:09:49 PM
#53
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 not that easy to do especially if you have to choose between thousand of coins in the market with the chance of you losing more than you get. Even if they know about the coins/tokens you are talking about then the chance of them telling you is nearly zero because it would ruin their secret and would make everything become worse.

Try to get small profit at first, even like 33% - 50% profit for every trade you make is still great to get. If you can't do it to get small profit, then how in the hell would you be able to get the bigger one?
sr. member
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
June 09, 2023, 07:13:17 AM
#52
Apparently, this seems possible during the bull season but of course, we can't tell of earning consistently. I know that some traders are using this strategy but they don't keep it long because it was not really profitable in the long run. Because in trading, it was not just we know when to sell and when to buy but also, we must know how to wait. That is why selling shorts doesn't guarantee it will work every day having the scenario that the market trend changes often.
that is the challenge of futures trading. when the market is very volatile some traders decide to postpone their trading. or they trade for a very short time. of course with a small profit because the price movement is so fast.
but in a downtrend or bull trend conditions, traders can trade to earn bigger profits from consistent price movements of the market. however, traders should be wise in determining their trading plan.
sr. member
Activity: 2828
Merit: 344
win lambo...
June 09, 2023, 06:42:55 AM
#51

Peer pressure is the one that baited them. If trading is that easy, everyone in the trading industry should've been a multimillionaire by now or even more. The expectation vs. reality hits really hard, especially if your funds get liquidated easily by putting like 20x up to 100x leverage hoping to make huge profits in just a short period of time.

In the end, they will be chasing their losses with their mixed emotions making it more hard for them to understand what profitable trading really is.
Apparently, this seems possible during the bull season but of course, we can't tell of earning consistently. I know that some traders are using this strategy but they don't keep it long because it was not really profitable in the long run. Because in trading, it was not just we know when to sell and when to buy but also, we must know how to wait. That is why selling shorts doesn't guarantee it will work every day having the scenario that the market trend changes often.
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