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Topic: Making a x10 or x100 by short selling - page 4. (Read 761 times)

legendary
Activity: 2618
Merit: 1181
June 01, 2023, 12:51:04 PM
#30
If I could do it consistently then of course I wouldn't have to work part time every 5 days a week. Futures trading and returns are not as easy as you think, of course other people will also say that because the facts are like that.

I can imagine you might can do it for your self, but understand that futures trading risks and costs may not be worth the effort. I tend to recommend you for spot trading or long-term investing, but this may not be the best financial advice for you if you are basically an expert at futures trading.
hero member
Activity: 1400
Merit: 623
June 01, 2023, 11:53:48 AM
#29
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?


If finding a x10 to x100 profit coin is that easy then I guess everyone will be rich by now but since this kind of profit is very rare on coins with high volume then most likely you are looking for a coins with liquidity or trading volume in able for you to reach that profit.

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

Use an ATR(Average True Range) indicator to find what’s coin that has a price change that will give you that profit range. This is very hard to spot an so risky because you are looking for a volatile assets or using a high leverage just hit that target.

A piece of advice, Don’t do this kind of risky trade. Not worth it.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
June 01, 2023, 11:47:07 AM
#28
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?


I know you might be thinking that earning profits through short selling is way faster than with buy low sell high strategy.
I feel the same but then it's hard to find opportunities to short sell. It's a little easier in a volatile market but realtively tough in a sideways market.
You should mostly choose coins which are going up quickly and then wait for a reversal.
This when you can spot an opportunity to short sell and get a quick profit. Do not forget to use a stop loss.
sr. member
Activity: 1022
Merit: 252
June 01, 2023, 10:38:11 AM
#27
Remember that short selling has considerable risks, since prices might abruptly jump, potentially leading in losses. While discovering individual coins that would have generated an x10 return through short selling in recent months necessitates historical research, analyzing price charts and recognizing assets that saw big price losses might provide insights. Using technical analysis tools and placing unambiguous stop-loss orders can assist in risk management and identifying entry and exit locations.
legendary
Activity: 2506
Merit: 1394
(.....)
How can I know which coins would have earned me x10 if I had sold short in the last few months?
There are a lot of coins out there that you can predict that they can dump in a few months but some of these coins are not available on some exchanges centralized/decentralized to short trade it.
So for sure, it's still difficult. Short selling is just same with long (or where you predict it will pump) because most of coins are just correlate with Bitcoin, so for me, you can't say short selling is easy money.
sr. member
Activity: 1008
Merit: 262
Vave.com - Crypto Casino
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?


If you want to make that kindof money then you must be ready to take the risk that is necessary to make such profits. Leveraging is a way we can even earn like 100× to 1000× as a trader but it could be very risky if we don't know what we are doing. Taking risk can make us earn more from the market and at the same time we can lose even more if the market fall against us.

There are traders that are good at leveraging and they could make a lot of money in a single trade because of how confident they are when they want to leverage on a particular pair of coins. I would not advise anyone to leverage too much when they are trading I'm the market.
full member
Activity: 910
Merit: 100
short selling with up to 100x leverage is stupid in my opinion, because you can easily lose your capital in futures trading,
if you feel frustrated with the portfolio because it is bearish then you should learn it, don't even play futures with 100x leverage haha you are really crazy .
I prefer not to play in futures trading and it is better to invest in the spot if things are still bearish.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
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?

Everything will depend on the market situation because if the market moves well, you can profit not only x10 but also x100 more. But if market conditions are like this, it seems that it is not easy to get x10; besides, you have to get the correct coins to make a profit.

And that's why you have to be able to analyze to get the coins so you can have a chance. But if you don't have skills in analysis, you don't need to try to trade the future because it is more risky.

And don't expect to get big profits daily because market movements are always changing and not always moving well. You may find it difficult to analyze market conditions, so be careful.
legendary
Activity: 2534
Merit: 1338
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.
sr. member
Activity: 2100
Merit: 309
I think OP have decision about future trading by opening short selling position, actually future is not recommended trading exactly for beginner what ever kinds of position do you open between short or long. Can't have accurate predicting about some coins price suddenly up will drop drastically and moment for short opening position, many time when coins raising up suddenly they have made another new all time high price and make us with short position opening will get loss.

I don't sure with how expert some one with future trading can't guarantee making x10 until x100 profitable every time, its not easy when trading in future and many moment make us got liquid when whales come and make good or bad news suddenly have impact for bitcoin up and down drastically.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
The probability of making a 10x or a 100x is inversely proportional to the risk of losing your money, the same thing happens in betting. So it is normal that on average before making a 100x you have lost more than 100 times your money in the attempt. If for some reason you try it the first time and make a 100x the best thing you can do is to take the money and not try it again, instead of believing that you have found a good system.
That's true and risk is something that every trader has to face. Still going for high returns is possible however the return may or may not be guaranteed. In spot trading this opportunity will come rarely and should be taken right away. The other types of trading may commonly see such numbers but they are all comparable to EV - games meaning you are actually gambling.

Even if you can a certain return every few days, that is enough to run trading over years, without looking at sudden high returns.
hero member
Activity: 1876
Merit: 512
Short selling is not for everybody, there are a lot that people that do not understand anything about it and even if you hit purple patch there is a chance that your luck will run out soon, most people ended up losing money short selling, the reason being that most make use of high leverage and get blown out, this has happens to me before, and I stop short selling. Funding, account management, leverage size to use and even stop loss position need to be well understand before shorting, if you are not an experience trader, please don't short for any reason.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
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 possible but not possible to hit everyday, it may happen on an very odd day for someone but that amount of ROI isn't realistic and you should never be focusing on such things, instead of that just go by the old school way like aiming 5% for a day which itself high in reality but compared to 1000% then 5% seems quite reasonable. Cheesy
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.
full member
Activity: 1526
Merit: 111
Pepemo.vip
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 possible but not possible to hit everyday, it may happen on an very odd day for someone but that amount of ROI isn't realistic and you should never be focusing on such things, instead of that just go by the old school way like aiming 5% for a day which itself high in reality but compared to 1000% then 5% seems quite reasonable. Cheesy
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
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
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 possible but not possible to hit everyday, it may happen on an very odd day for someone but that amount of ROI isn't realistic and you should never be focusing on such things, instead of that just go by the old school way like aiming 5% for a day which itself high in reality but compared to 1000% then 5% seems quite reasonable. Cheesy
hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
Usually if you must involved yourself in short selling that means you need huge funds to be able to carry out that function, because if you buy a coin or with little amount and you want to sell short there will be no much profits because the coin or currency doesn't increase exponentially as you may think.

This types of trading needs huge amount to make good profits, but it must not be that you have to make up to 10x because with the situation of the market today it could be hard for a coin to give you 10x in short trading all less your capital is huge enough or you involved yourself to future trading, but for spot trading there's no assurance.
legendary
Activity: 3808
Merit: 1723
If you want to short then stick to the majors like Eth or Bitcoin. But whatever you do, don’t short on leverage many  mid or small cap alt coins. There are times when these tokens can go 50-200% in a manner of hours. If you use leverage you will blow your entire account up.

Another thing to remember is that we might be exiting the bear market so you might be shorting the bottom. What if Bitcoin goes to $100K and you are still short from $28K. What will you do then? Not as easy as it seems.
hero member
Activity: 2212
Merit: 670
Signature designer - start @$10 - PM me!
But I think it is easier to make a x10 by selling short...
If you mean selling "short" and refer to trading term on the spot market, then it's not possible unless you're on a known shitcoins pumpdump scheme.

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any tips to get the best ROI possible by selling short?
Just trade on the futures market, some exchanges offer up to 100x leverage levels for the BTC/USD pair, please note this is for advanced traders only.

Quote
How can I know which coins would have earned me x10 if I had sold short in the last few months?
Nobody knows, trading is full probability.
legendary
Activity: 1372
Merit: 2017
The probability of making a 10x or a 100x is inversely proportional to the risk of losing your money, the same thing happens in betting. So it is normal that on average before making a 100x you have lost more than 100 times your money in the attempt. If for some reason you try it the first time and make a 100x the best thing you can do is to take the money and not try it again, instead of believing that you have found a good system.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
The cryptocurrency space has LOTS of opportunities — the question is, how will you find them and how will you execute the plan. You could say that shorting utter shitcoins can be profitable, but you also need to take into consideration that illiquidity pumps and announcement pumps happen, which can cause you to get liquidated. That, and add the fact that you're going to need to pay funding rates.

It's easier said than done, to say the least.
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