Making a x10 or x100 by short selling - page 3.

Inwestour

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Quote from: sana54210 on June 06, 2023, 08:24:51 AM

Almost all the people do think it is easy, that is because the marketing those influencers do. There are so many marketers that I have seen personally myself as well that are "selling" their tactics, showing images of turning 700 into 50k, 1k into 150k or even 200 dollars into 10k etc. When other sees these, they think that it is possible and I am not going to lie, of course it is not impossible either but it is not easy and they are not aware how hard it is.

Just because something is possible doesn't mean that it is likely, it is possible for me to become the richest person in the world, can you say it is "impossible", of course not, it is not impossible but lets be real for a second and realize that I won't be, same for these futures as well, people who put up just few hundred turning that into tens of thousands and then turning those into maybe even millions.

It is also possible to win the lottery, but how possible is it for everyone who buys a lottery ticket? Grin

We need to be able to filter any information through the prism of your capabilities, a trader who was able to make x10 or x100 on trading did not learn this in one day, he probably spent many years on this and also lost a lot of money before that in an attempt to achieve a good result. And probably they will not want to show us all the unsuccessful attempts when they lost money, they will only show us the attempt that became successful for them.

AicecreaME

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Quote from: jostorres on June 04, 2023, 03:41:34 AM

Quote from: Timmzzy on June 03, 2023, 05:14:36 PM

Both selling and buying has good ROI, if I most say, we have different trading opportunities in the market. The question here is DO YOU HAVE THE KNOWLEDGE, THE PSYCHOLOGY to understand the market, don't let people earnings you see on social medias make you feel 10x to 100x is simple to make even 5x can't be that simple. Trading has a whole lot to learn and put to practice.

That is basically what happens to a lot of people out there, they see some people posting their profits on social media platforms and they start thinking that it is very easy to earn that much profit in futures trading while it is totally not that simple and one without ample knowledge entering futures may lose everything they have if they can't manage their trades or understand how things actually work.

It is always better to just stick to spot trading if you are a newbie and don't have enough knowledge and experience about futures trading because, in spot trading, you don't get liquidated if you don't know when to close your trade or have a calculated stop-loss.

I agree.

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.

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if it's "easy", then I don't think anyone will do any holding back in the long run. it would be better if they short 10x or 100x, then repeat the same thing over and over until they get rich. Unfortunately, it is not as thought.
When someone gets 10x or 100x profits in short, then he is a lucky person, or his speculation and analysis comes very fast. it might happen when there is a big potential in the near future that could happen. however, I don't think it happens every day.

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Quote from: sana54210 on June 06, 2023, 08:24:51 AM

Quote from: bettercrypto on June 05, 2023, 11:24:42 AM

It means you want to do short-term trading so you can get profit in a short time or day trade? you know even if you get advice from others here in the forum, if you have no idea what you are doing or you don't have deep knowledge of crypto trading then your asking for suggestions will be ignored.

It's even better because you yourself understand what you're doing here, and do your own research on altcoins that can make a profit in the short selling you want to do.

Almost all the people do think it is easy, that is because the marketing those influencers do. There are so many marketers that I have seen personally myself as well that are "selling" their tactics, showing images of turning 700 into 50k, 1k into 150k or even 200 dollars into 10k etc. When other sees these, they think that it is possible and I am not going to lie, of course it is not impossible either but it is not easy and they are not aware how hard it is.

Just because something is possible doesn't mean that it is likely, it is possible for me to become the richest person in the world, can you say it is "impossible", of course not, it is not impossible but lets be real for a second and realize that I won't be, same for these futures as well, people who put up just few hundred turning that into tens of thousands and then turning those into maybe even millions.

A great deal of the marketing we see these days is full of nothing but lies, I remember doing an experiment once of watching the ads that appeared on TV and see which one actually talked about the qualities of the product they were selling instead of selling some fantasy, the results? I gave up after 50 ads, there was not a single ad which was honest about what they we are selling, and it would not surprise me at all if influencers used the very same tactics.

mikemolleux3

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Don't short on leverage.

Buy put options instead: https://blog.everstrike.io/why-you-should-never-short-perpetual-futures/

tjtonmoy

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Quote from: david678345 on May 28, 2023, 04:27:25 PM

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

Why do you want to know what happened in the past? Focus on the present and try to plan for the future. If you want to know anything about any coin, just learn market analysis. There's no other way that you can predict what is going to happen to them in the future.
But OP seems to be stuck in the past. Here's what you need to do. Go to a website that contains data on those coins and see for yourself. All you need to do is observe the market movements towards the down. When you sell short, the price needs to go down in order for you to get a profit.
There's a catch for trading like this. You are following only one strategy and as you may know, the market is unpredictable in terms of what will happen next. So as the market is changing, the strategies are changing as well. That's why you need to learn multiple strategies and, in some cases, make one yourself. I am saying this because I don't think that the market is going to be like this for a long time. When the market changes, its movement's pattern changes as well, so you will have to move on to some new strategies.
Lastly, if you really want to know about which coin to choose, then learn TA skills. That will help you to do things on your own.

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Quote from: bettercrypto on June 05, 2023, 11:24:42 AM

It means you want to do short-term trading so you can get profit in a short time or day trade? you know even if you get advice from others here in the forum, if you have no idea what you are doing or you don't have deep knowledge of crypto trading then your asking for suggestions will be ignored.

It's even better because you yourself understand what you're doing here, and do your own research on altcoins that can make a profit in the short selling you want to do.

Almost all the people do think it is easy, that is because the marketing those influencers do. There are so many marketers that I have seen personally myself as well that are "selling" their tactics, showing images of turning 700 into 50k, 1k into 150k or even 200 dollars into 10k etc. When other sees these, they think that it is possible and I am not going to lie, of course it is not impossible either but it is not easy and they are not aware how hard it is.

Just because something is possible doesn't mean that it is likely, it is possible for me to become the richest person in the world, can you say it is "impossible", of course not, it is not impossible but lets be real for a second and realize that I won't be, same for these futures as well, people who put up just few hundred turning that into tens of thousands and then turning those into maybe even millions.

Silberman

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Quote from: Timmzzy on June 03, 2023, 05:14:36 PM

Both selling and buying has good ROI, if I most say, we have different trading opportunities in the market. The question here is DO YOU HAVE THE KNOWLEDGE, THE PSYCHOLOGY to understand the market, don't let people earnings you see on social medias make you feel 10x to 100x is simple to make even 5x can't be that simple. Trading has a whole lot to learn and put to practice.

This is what people do not get, assuming there are other 5 people which begin to trade at the same time, and that have exactly the same amount of money that you do, then earning 5x means to get every single dollar on the accounts of those people, plus a little bit more in order to cover the fees of the exchanges, so someone hoping to get 100x needs to beat 100 other traders just like themselves, so as we can see that kind of winning rate is simply unsustainable, as anyone which could do it would become a multimillionaire with just a few trades.

bettercrypto

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It means you want to do short-term trading so you can get profit in a short time or day trade? you know even if you get advice from others here in the forum, if you have no idea what you are doing or you don't have deep knowledge of crypto trading then your asking for suggestions will be ignored.

It's even better because you yourself understand what you're doing here, and do your own research on altcoins that can make a profit in the short selling you want to do.

CarnagexD

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Quote from: jostorres on June 04, 2023, 03:41:34 AM

Quote from: Timmzzy on June 03, 2023, 05:14:36 PM

Both selling and buying has good ROI, if I most say, we have different trading opportunities in the market. The question here is DO YOU HAVE THE KNOWLEDGE, THE PSYCHOLOGY to understand the market, don't let people earnings you see on social medias make you feel 10x to 100x is simple to make even 5x can't be that simple. Trading has a whole lot to learn and put to practice.

That is basically what happens to a lot of people out there, they see some people posting their profits on social media platforms and they start thinking that it is very easy to earn that much profit in futures trading while it is totally not that simple and one without ample knowledge entering futures may lose everything they have if they can't manage their trades or understand how things actually work.

It is always better to just stick to spot trading if you are a newbie and don't have enough knowledge and experience about futures trading because, in spot trading, you don't get liquidated if you don't know when to close your trade or have a calculated stop-loss.

exactly because if the 10x or 100x that you are referring to is leverage, then you still aren't ready for it. You will only lose your money. Practice n spot while learning leveraged or futures trading. Only then consider your risk appetite and your capital to know which leverage you are most fitted to.

if it is 10x or 100x on the return you are expecting when you sell, well it depends. It depends on the market condition and the volatility. Again practice on the spot when learning. When you have the right skillset, money is easy.

jostorres

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Quote from: Timmzzy on June 03, 2023, 05:14:36 PM

Both selling and buying has good ROI, if I most say, we have different trading opportunities in the market. The question here is DO YOU HAVE THE KNOWLEDGE, THE PSYCHOLOGY to understand the market, don't let people earnings you see on social medias make you feel 10x to 100x is simple to make even 5x can't be that simple. Trading has a whole lot to learn and put to practice.

That is basically what happens to a lot of people out there, they see some people posting their profits on social media platforms and they start thinking that it is very easy to earn that much profit in futures trading while it is totally not that simple and one without ample knowledge entering futures may lose everything they have if they can't manage their trades or understand how things actually work.

It is always better to just stick to spot trading if you are a newbie and don't have enough knowledge and experience about futures trading because, in spot trading, you don't get liquidated if you don't know when to close your trade or have a calculated stop-loss.

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Quote from: jeraldskie11 on June 03, 2023, 09:39:54 AM

Quote from: david678345 on May 28, 2023, 04:27:25 PM

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

According to my observations in the market, sell short when the market is bearish and buy long when the market is bullish. In recent months, some traders have wondered why the majority of their trades with sell short setups have a greater win rate than buy long setups. The likely problem is that he/she is just looking at the lower time frame and concludes that the market is bullish while, in fact, when we look at the higher time frame, it's merely a pullback or retracement before the price continues downwards and breaks the weak low. So, if you know the trend is bullish, longing is likely to produce a better ROI than shorting.

yes, it does because it uses a shorter time frame. and applying sell short is the right choice. but it's not for profit. because we know that for shorter timeframes there is a risk of faster price movements. traders should capitalize on the momentum fairly quickly. Although finding 10x is very possible in futures trading, the difficulty is when to find and choose the right asset.

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Both selling and buying has good ROI, if I most say, we have different trading opportunities in the market. The question here is DO YOU HAVE THE KNOWLEDGE, THE PSYCHOLOGY to understand the market, don't let people earnings you see on social medias make you feel 10x to 100x is simple to make even 5x can't be that simple. Trading has a whole lot to learn and put to practice.

jeraldskie11

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Quote from: david678345 on May 28, 2023, 04:27:25 PM

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

According to my observations in the market, sell short when the market is bearish and buy long when the market is bullish. In recent months, some traders have wondered why the majority of their trades with sell short setups have a greater win rate than buy long setups. The likely problem is that he/she is just looking at the lower time frame and concludes that the market is bullish while, in fact, when we look at the higher time frame, it's merely a pullback or retracement before the price continues downwards and breaks the weak low. So, if you know the trend is bullish, longing is likely to produce a better ROI than shorting.

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Quote from: Silberman on June 02, 2023, 05:55:25 PM

Quote from: el kaka22 on June 02, 2023, 02:51:18 PM

Can't believe that people are still going for it, we all know that's not how it should be and we all know that's going to end up hurting you on the long run and people are still doing it for some reason, I have no idea why and I have no understanding why but that's just the sad truth. Just realize that it is not going to be a good period and it will not benefit you to short without understanding the market and definitely not making that much money because you will fail instead of making it.

People who aim making 100x or even 10x are people who do not understand the market, is it possible? Maybe to a few, but normally this is as improbable for you as it gets if you have to ask about it here. It is going to be something that hurts if we keep this up, we need to make people realize otherwise.

On my experience people have a great difficulty distinguishing between something that is possible and something that is likely, achieving 100x in profits is possible if every single event and circumstance goes your way, but is it likely this will be the case? Of course not, the market moves in ways that are completely unpredictable and in that case thinking that everything will go exactly the way you need it is simply wishful thinking.

short x100 in the bearish season is clearly an opportunity, but remember whales have a way for you not to achieve maximum profit,
because what you want will be the opposite of whales, and it has been proven that many traders are exposed to liquidation when doing short sell or long buy,
but if you do invest in altcoins in the spot market, then your chances are greater than when you short sell in futures trading.

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Quote from: el kaka22 on June 02, 2023, 02:51:18 PM

Can't believe that people are still going for it, we all know that's not how it should be and we all know that's going to end up hurting you on the long run and people are still doing it for some reason, I have no idea why and I have no understanding why but that's just the sad truth. Just realize that it is not going to be a good period and it will not benefit you to short without understanding the market and definitely not making that much money because you will fail instead of making it.

People who aim making 100x or even 10x are people who do not understand the market, is it possible? Maybe to a few, but normally this is as improbable for you as it gets if you have to ask about it here. It is going to be something that hurts if we keep this up, we need to make people realize otherwise.

On my experience people have a great difficulty distinguishing between something that is possible and something that is likely, achieving 100x in profits is possible if every single event and circumstance goes your way, but is it likely this will be the case? Of course not, the market moves in ways that are completely unpredictable and in that case thinking that everything will go exactly the way you need it is simply wishful thinking.

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Quote from: david678345 on May 28, 2023, 04:27:25 PM

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?

How do you intend to make a 10× or 100× within a short selling? This could be ridiculous and there is not posible way to do that unless you are whale or had the information that the market would be selling at a particular time. You can't exaggerating when the price of a particular coin is going to fall or rise giving you a 10× or 100× in a short selling unless you are part of the team of that project.

This information about coin falling or rising is not always disclose to people because of the potential risk it could enhance. Those who are make good profits from the market are the whales who understand the market very well and know how to go about there decisions.

el kaka22

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Can't believe that people are still going for it, we all know that's not how it should be and we all know that's going to end up hurting you on the long run and people are still doing it for some reason, I have no idea why and I have no understanding why but that's just the sad truth. Just realize that it is not going to be a good period and it will not benefit you to short without understanding the market and definitely not making that much money because you will fail instead of making it.

People who aim making 100x or even 10x are people who do not understand the market, is it possible? Maybe to a few, but normally this is as improbable for you as it gets if you have to ask about it here. It is going to be something that hurts if we keep this up, we need to make people realize otherwise.

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Quote from: Findingnemo on May 29, 2023, 11:34:02 PM

Quote from: awik p on May 29, 2023, 10:32:13 PM

5% every day is a very good achievement, within a month you have earned 150%, and if that is fulfilled then it becomes a very good business to live in. however, in mathematical calculations it may not be as good as in reality, sometimes we also have unlucky days, where what we do is always wrong, therefore it would be good for everyone to assess themselves, with their abilities, what percentage targets are logical for run as our portfolio

Rather 5% isn't possible to achieve either on everyday, I just used it as contrary value which is 1000% in OP's proposal. Well the actual realistic value we can Target is 10 or 20% a month I mean increasing the crypto portfolio figures not just the value so over the time along with the trend of bull the profits will also be quite heavy.

Yes, that's because there is a volatility but other than it, there are some things as well which can impact the price of the coins and there is no way to detect them if they are coming. The only good thing about cryptocurrency is that we might earn more than our expected income, so I guess that was still better? That should cover up the times when our earning is less or we simply lose. If we want more, adding more volume does help.

It also means that we need more money first. The bull run is only just an addition for the traders to amplify their income but bull run is the main attraction for the investors because they can't sell from time to time just like the traders.

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Quote from: david678345 on May 28, 2023, 04:27:25 PM

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?

Newbies who come to the market think of earning in such a high risk way. Many have seen in the past how quickly they burn out. Futures trading is not a gold mine that you can only make profit from here, if you are not experienced in crypto market then this market will burn you out.

In futures trading, you can take not only short position, but also long position, which means that you will be able to profit in any direction, but it will be possible only if you have experience in trading. My advice would be for you, avoid such high risk trading until you get clear experience about futures trading.

Topic: Making a x10 or x100 by short selling - page 3. (Read 673 times)