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Topic: Making a x10 or x100 by short selling (Read 776 times)

full member
Activity: 1092
Merit: 227
July 27, 2023, 10:53:59 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, 03:57:53 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: 2814
Merit: 734
Bitcoin is GOD
July 18, 2023, 09:46:10 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: 3052
Merit: 1188
July 14, 2023, 01:20:54 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: 3220
Merit: 678
www.Crypto.Games: Multiple coins, multiple games
July 13, 2023, 07:15:54 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 12, 2023, 11:29:59 PM
#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: 2814
Merit: 734
Bitcoin is GOD
July 12, 2023, 10:24:30 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: 3010
Merit: 794
July 12, 2023, 04:22:44 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: 2688
Merit: 588
July 12, 2023, 12:22:10 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: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
July 11, 2023, 09:50:26 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: 1176
Merit: 140
July 08, 2023, 09:44:30 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: 3010
Merit: 794
July 06, 2023, 11:43:21 AM
#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: 3052
Merit: 1188
July 06, 2023, 11:39:35 AM
#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: 1246
Merit: 102
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
July 06, 2023, 09:31:38 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, 09:14:13 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.
legendary
Activity: 1750
Merit: 1329
Top Crypto Casino
July 06, 2023, 08:43:18 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: 882
Merit: 792
Watch Bitcoin Documentary - https://t.ly/v0Nim
July 06, 2023, 02:58:58 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: 3122
Merit: 1140
July 05, 2023, 04:31:30 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: 1036
Merit: 675
July 05, 2023, 06:20:10 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: 2254
Merit: 680
Signature designer - start @$10 - PM me!
July 05, 2023, 05:09:28 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
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: 3080
Merit: 1178
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: 2716
Merit: 1383
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: 980
Merit: 559
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
20BET - Premium Casino & Sportsbook
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: 2716
Merit: 1383
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: 2716
Merit: 1383
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: 882
Merit: 581
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: 2002
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: 2912
Merit: 526
Reward: 10M Shen (Approx. 5000 BNB) Bounty
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.
hero member
Activity: 980
Merit: 947
June 09, 2023, 05:50:34 AM
#50
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.
sr. member
Activity: 2436
Merit: 455
June 09, 2023, 05:20:57 AM
#49
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.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
June 09, 2023, 03:15:37 AM
#48
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.
legendary
Activity: 2716
Merit: 1383
June 09, 2023, 02:46:38 AM
#47
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.
newbie
Activity: 13
Merit: 0
June 06, 2023, 05:57:15 PM
#46
Don't short on leverage.

Buy put options instead: https://blog.everstrike.io/why-you-should-never-short-perpetual-futures/
sr. member
Activity: 1008
Merit: 366
June 06, 2023, 05:15:47 PM
#45
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.
legendary
Activity: 3346
Merit: 1128
June 06, 2023, 07:24:51 AM
#44
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.
legendary
Activity: 2716
Merit: 1383
June 06, 2023, 05:07:10 AM
#43
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.
sr. member
Activity: 1498
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DGbet.fun - Crypto Sportsbook
June 05, 2023, 10:24:42 AM
#42
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.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
June 05, 2023, 07:23:17 AM
#41
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.
hero member
Activity: 2576
Merit: 586
June 04, 2023, 02:41:34 AM
#40
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.
hero member
Activity: 826
Merit: 583
June 03, 2023, 06:07:17 PM
#39
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.
member
Activity: 785
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SOL.BIOKRIPT.COM
June 03, 2023, 04:14:36 PM
#38
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.
sr. member
Activity: 1316
Merit: 356
June 03, 2023, 08:39:54 AM
#37
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.
sr. member
Activity: 2002
Merit: 250
June 03, 2023, 04:14:32 AM
#36
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.
legendary
Activity: 2716
Merit: 1383
June 02, 2023, 04:55:25 PM
#35
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.
sr. member
Activity: 1008
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20BET - Premium Casino & Sportsbook
June 02, 2023, 03:08:43 PM
#34
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.
legendary
Activity: 3752
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
June 02, 2023, 01:51:18 PM
#33
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.
legendary
Activity: 2772
Merit: 1127
June 01, 2023, 03:22:01 PM
#32
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.
hero member
Activity: 1876
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Top Crypto Casino
June 01, 2023, 01:29:15 PM
#31
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.
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
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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
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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: 2534
Merit: 1397
(.....)
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
20BET - Premium Casino & Sportsbook
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
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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: 2716
Merit: 1383
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: 2114
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
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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: 2254
Merit: 680
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.

Quote
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
📟 t3rminal.xyz
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.
legendary
Activity: 2534
Merit: 1233
How can I know which coins would have earned me x10 if I had sold short in the last few months?
If most people here including me know about this, it's supposed we're a millionaire now.  Wink

Yes, it's possible.
Short selling can potentially lead to profits if executed correctly, but how you'll know if the market is so volatile and the price is unpredictable where it goes?  That's very risky and it seems you gambled your money.

Try your luck here and pick which one of them has potential.
https://coinmarketcap.com/gainers-losers/
hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform
May 28, 2023, 06:33:45 PM
#9
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?


Yea, while I think it's very easy to make X10 with some random altcoins within a short period of time since they are based on pump and dump, it becomes so difficult to know which particular coin or token to buy, hold for just a short period of time, sell, and profit X10 of your investment. I think it's likely easier to say than to archive. Sometimes the period might not really be short; it can extend for months or a year. I know of a token lounched for $1 in the first quarter of last year, but after like a month, the token dropped to $0.01, but recently this year, it's trading for about $0.12 this year. So what I am saying is that it is not really very easy to know the right token that can easily earn you an X10 in a short time, some times it can take long before the token can get pumped.
copper member
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Merit: 1837
🌀 Cosmic Casino
May 28, 2023, 06:29:31 PM
#8
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?
Easier said than done

I hope you remember that when you open a short position, there is also a liquidation price. Scam wicks which often happen in crypto can close your position via stop loss or liquidation when there is a flash pump.

Yes, X10 might be possible, buy not common. I have mostly seen 2x,3x,4x etc but 10x?
hero member
Activity: 3066
Merit: 629
20BET - Premium Casino & Sportsbook
May 28, 2023, 06:23:07 PM
#7
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?
You'll never know. It all depends on what the market is requiring and what position you have and what coins you're holding. Because if someone knows exactly the answer to your question then he'll for sure never gonna look back to his former life and will enjoy every inch of profit but no.

How can I know which coins would have earned me x10 if I had sold short in the last few months?
If someone has a crystal ball then he'd already said what are those that can make you x10. And both of you are probably rich then by now but no one knows and it's all up how can you read the charts and those candles.
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
May 28, 2023, 05:50:42 PM
#6
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?


Sometimes I really shake my head at the newbies who jump into futures trading right away, are they the type who want x10 to x100 in a short period of time? Just throwing and wasting money really.

         They thought it was that easy and simple to earn here in crpto trading, why is their luck so strong and how dare they say that they want to earn 100x profit immediately? These newbies are so funny. Also, futures trading is not advisable for a newbie who doesn't know anything about the field of this cryptocurrency industry.
sr. member
Activity: 2422
Merit: 357
May 28, 2023, 04:57:06 PM
#5
So this is about futures trading?
Long and short can be profitable, depends on how you analyze the price trend and its not easy to know where to trade and what’s the timing. You can do short trade if the price is already telling you to do short while trade long if the rise is about to happen. Trading will always be more about timing and execution, continue to analyze and be responsible.
legendary
Activity: 3080
Merit: 1178
Leading Crypto Sports Betting & Casino Platform
May 28, 2023, 04:46:04 PM
#4
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?
That doesn't make much sense, it's not "easier" if you don't know markets are going down. Bull market could com in the middle of your shorting so "easier" is not the word in here any more then if you claim it's easy to predict market direction. Obviously you can say it would be easy to make million dollars if you bought in crypto in 2012 but you would be wrong. It's easy only in hindsight.
legendary
Activity: 4424
Merit: 4794
May 28, 2023, 03:56:53 PM
#3
shorting is selling at a price and buying back in when/if it corrects down(dips).. however this is not guaranteed. and if the price goes the opposite way. you lose your stash

for instance even at the peak of $70k it never shorted to $7k to be a 10x oportunity. the most you would have got if timed perfectly on a 18month contract is 5x by shorting.. 

what you are being told about is not pure shorting. but leveraged shorting  this is where you gamble. by getting a loan of 10x or 100x of someone else value compared to the value you own.. and hope to trade it to then get back in enough to pay out their original amount leaving you with many multiples..
but again it only wins if the price dips to the amounts that can afford you the profits you seek in a contracted period you set the leveraged loan for..

but here is the thing. the way the fundamentals play out. the new potential bottom is no longer $15k. its actually higher. it will be $20k+ when/if bitcoin corrects to the new bottom.

meaning at todays $28k .. meaning a max dip of $8k or 30%(0.3x).. so for you to get a 10x(1000%) you would need a leverage loan of 30x risk just to maybe get a 1000% (10x profit) if you were able to get the market price to go your way.

thus the risk does not match the opportunity

the chances of prices dipping all the way down to $20k are less likely thus the 30x loan risk may not pan out.. leaving you with alot you may need to pay back

..
there is a big reason why certain people promote leveraged shorts.. because they are not the gamblers. they are the contract offerers. temporarily giving their value to you which whether you lose or win. they get paid back. yep when you lose.. they win. when you win they win. but when you lose YOU LOSE ALOT and they win alot
hero member
Activity: 1666
Merit: 709
May 28, 2023, 03:33:17 PM
#2
Firstly this isn't the right place to make this type of post there is a trading discussion board that is most fitting for this type of post you just made.
https://bitcointalk.org/index.php?board=8.0

Also I have read what you actually wrote and in the end you asked for more idea meaning you had dropped an idea but to be honest you did not drop any idea, every trader knows to be successful in trade you also have to get the correct timing, so speaking of timing is no idea, do a proper research of what you want to talk about next time.
jr. member
Activity: 99
Merit: 4
May 28, 2023, 03:27:25 PM
#1
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?
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