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Topic: Short now = make lots of money? (Read 824 times)

legendary
Activity: 1204
Merit: 1028
March 21, 2019, 04:25:56 AM
#89
I think you should buy coins for exchanges. now many IEO projects are being implemented and the coins of exchanges are being welcomed by many investors. Big exchanges like BNB, Huobi, Okex, Bibox, are being bought and hold by investors. surely its price will increase from 20-25%.
This is the great revival most of us have been waiting for and for now, it is really working and building lots of confidence of investors back with the projects being funded through exchanges IEO.

Most of these coins  started showing signs of increase the moment they are launched and bought but I don’t think we have so many projects being listed because I can only count four that Binance being the biggest exchange has already carried out successfully, though I have not checked other exchanges you have mention, Binance is the major exchanges I have been using from onset for my exchanges and holdings.

It is better to commit funds in these exchanges IEO than short selling.
member
Activity: 770
Merit: 10
https://streamies.io/
March 20, 2019, 08:37:35 AM
#88
Hi,

I have no experience short selling but I debate shorting now. Good idea? Anyone with experience? BTC seems overbought...
I think you should buy coins for exchanges. now many IEO projects are being implemented and the coins of exchanges are being welcomed by many investors. Big exchanges like BNB, Huobi, Okex, Bibox, are being bought and hold by investors. surely its price will increase from 20-25%.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
March 20, 2019, 08:31:44 AM
#87
I can't say for sure that you will make a lot of money all the time from short selling, but it can actually give you money.

IMO, shorting the market now is a bad decision.
There's no more big downtrend anymore and looks like the market is already set for full recovery.
Anytime I have a feeling crypto will once again explode and we will see pump everyday, it's just not a good time to short now, the trend does not says at all.

Well not really a bad decision. It really depends if the person trading is experienced enough to actually make profits from shorting. I know a lot of people can't seem to grasp that concept and a lot also who are making good money out of it.
sr. member
Activity: 994
Merit: 251
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March 20, 2019, 08:28:33 AM
#86
Buying and selling thr bitcoins too often in the short term will give profits as well as loss depends on how good you are doing and it is called as day trading

Day trading is not always short term trading. But short term trading is sometimes day trading. Short term trading can be in a span of hour to 1 week.

And if you'll do day trading, it is not advisable for you to do that especially now. It's because the market isn't stable right now. If it is, then you can do that more often.

that's right what you say because to get big results in a fast time like daily trading it can't be because the coin experiences a rapid price increase it won't be able
full member
Activity: 714
Merit: 100
March 20, 2019, 08:13:47 AM
#85
There is no accurate technical analysis in cryptos my friend. Anything can happen to the BTC price in the next 24 hours. It's purely based on hope, manipulation and speculation.
Luckily the BTC price is now volatile once again. Just notice the sudden deeps, Where the price seems to have settled up a bit is where you make an entry and set your sell target( not so high of course) To me 2-5% gains is enough in this bearish market because if you try to be greedy, You will loose everything.
Also never forget to set a stop-loss in case the price doesn't rise to your expectation.

it could be truth though why not to trade it?
legendary
Activity: 2338
Merit: 1354
March 20, 2019, 07:45:45 AM
#84
I hate shorting the market, especially exchanges with leverage or future contracts.  Looks like you are eager to earn 'lots of money' as the title of your thread says, then it is okay shorting the market. Longing or shorting the market is the same profits, it depends on how will you plan your trade, planning your entry price, exit price and most important, the stop loss.
hero member
Activity: 2814
Merit: 576
March 19, 2019, 11:44:42 PM
#83
I can't say for sure that you will make a lot of money all the time from short selling, but it can actually give you money.

IMO, shorting the market now is a bad decision.
There's no more big downtrend anymore and looks like the market is already set for full recovery.
Anytime I have a feeling crypto will once again explode and we will see pump everyday, it's just not a good time to short now, the trend does not says at all.
hero member
Activity: 1204
Merit: 505
March 19, 2019, 11:54:40 AM
#82
I can't say for sure that you will make a lot of money all the time from short selling, but it can actually give you money.

This is the trick I make use of and it always work all of the time, I trade between normal crypto coin like btc with stable coins like tether, once I see that there is going to be a dump in the price of a coin even if it's little, I immediately swap from that coin to tether and then swap back when the dip has happened already thereby giving me profit.
sr. member
Activity: 672
Merit: 251
March 19, 2019, 10:50:30 AM
#81
Buying and selling thr bitcoins too often in the short term will give profits as well as loss depends on how good you are doing and it is called as day trading

Day trading is not always short term trading. But short term trading is sometimes day trading. Short term trading can be in a span of hour to 1 week.

And if you'll do day trading, it is not advisable for you to do that especially now. It's because the market isn't stable right now. If it is, then you can do that more often.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
March 19, 2019, 10:50:05 AM
#80
Buying and selling thr bitcoins too often in the short term will give profits as well as loss depends on how good you are doing and it is called as day trading, nothing gives easy money you need to give the effort to make your money from trading as well.
You need to add more knowledge regarding to this activity in order to make a good position and have a good daily profits, you need to be
more familiar in every events that trends might change in order to take advantages placing your positions inside the trading places, there's
always risk and it's not an easy access to a quick money making scheme.
member
Activity: 630
Merit: 20
March 19, 2019, 10:34:23 AM
#79
You can still do short selling now, but it always based on your indicators and technical analysis. Trading right now is good just find a better entry, timing is the key. Hope you understand what I'm saying. Whatever your trading strategy is, remember that trading with short or long will be profitable just integrate appropriate analysis.
member
Activity: 266
Merit: 11
March 18, 2019, 04:51:01 PM
#78
There is no point to sell after a huge fall. But of course it depends on terms that you are trading. I see that you are more into medium terms.
hero member
Activity: 1176
Merit: 500
March 18, 2019, 03:54:04 PM
#77
The most important thing is not to put to itself the purpose to earn money right now. Focus on gaining skills and experience. If you are a beginner I would advise you to try a scalping strategy. But in parallel, it is also necessary to study technical and fundamental analysis.
full member
Activity: 1498
Merit: 146
March 18, 2019, 12:11:50 PM
#76
Buying and selling thr bitcoins too often in the short term will give profits as well as loss depends on how good you are doing and it is called as day trading, nothing gives easy money you need to give the effort to make your money from trading as well.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
March 18, 2019, 10:12:22 AM
#75
short is very risk to me i always hodl its safe and we get get big profit
If you are very much into future trading then it is a good option if you can predict the price, i know a few people that made a lot of money in this market with future trading and i have not personally done that yet because of lack of confidence, but i would try once we see another bull run and see how it goes rather than risking when there is no clear direction on how the market goes.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
March 18, 2019, 09:52:49 AM
#74
I don't know what to say but maybe still can be made a profit this days if have enough money and make trades daily. I not trade so much these days and will be better to wait in my opinion until the bitcoin will grow at least 2x.
Waiting Bitcoin to grow by 2x from its current price is considered as investing. If you're really strategic enough and you have knowledge in trading, it's better to use your BTC while you're waiting it to multiply by two so that you can still make profit even if it's moving in sideways pattern.
But when I read his post on the first page about "short," I only think about the margin trading which is very difficult to trade if we only have less knowledge. I might suggest to OP to learn more about trading, and then start to do basic trading until he understands how to get the right price. And when he already knows that, then he can move into margin trading but only use small money for learning margin trading. I would agree if he were only saving his bitcoin without trading because that is the safest way he can do right now if he doesn't have information at all.
hero member
Activity: 1120
Merit: 553
Filipino Translator 🇵🇭
March 18, 2019, 02:41:53 AM
#73
I don't know what to say but maybe still can be made a profit this days if have enough money and make trades daily. I not trade so much these days and will be better to wait in my opinion until the bitcoin will grow at least 2x.
Waiting Bitcoin to grow by 2x from its current price is considered as investing. If you're really strategic enough and you have knowledge in trading, it's better to use your BTC while you're waiting it to multiply by two so that you can still make profit even if it's moving in sideways pattern.
member
Activity: 868
Merit: 15
March 17, 2019, 09:01:53 PM
#72
First you think and decide that What do you really want to do, Then you can deeply monitor all the markets If you want you can get help of a good trader, The decision that you take after seeing everything can sometimes go against you, But you have to judge it fairly Moreover, you will face Los.
full member
Activity: 616
Merit: 100
https://exip.live/
March 17, 2019, 08:45:12 PM
#71
Yes you was right, if you did it since you made this post you been make alot of money. Learn from this price action, we should be also have strategy when best times to shorting BTC because the price will never all the times bullish.
legendary
Activity: 1554
Merit: 1054
January 23, 2019, 01:19:31 AM
#70
Proven fact suggests to be friend with trend and experienced traders never think to open a position against trend. I am not agree with the definition of 'overbought' which created by useless indicators. Naked price chart is best to follow price action without other tools that tells you do x if y happens.
But, you cannot ignore the fact that crypto trading is completely different from other types of trading. Because, it is proven that buying and holding is profitable always whereas no other type of trading is not providing this kind of promises. By considering these, I believe shorting will be never profitable in crypto trading because you are just trading against the basis and nature of cryptos. Hence, there will be no point of debating about trading the trend here.

You can make money only on it despite of the situation unless if you have very certain strategy with it or an expert mentor to avoid losses or risky situation.  Well if you don't have that or even a experience stop dreaming that you can make money in short term !
A well tested strategy or trading under mentors will be helpful for any trader to make money for any kind of market situations not just especially for down trend market conditions. I mean to say there will be no special skill is needed for shorting but it is same as for all market conditions.

Quote
hold instead to prevent regrets for the safety of your money. 
Holding is a proven way of making easy money with crypto trading and this must be the right time to buy more for the sole purpose of holding for long term. Hope many people are making use of this current downfall situation of crypto space.
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