You can short sell Zcash because of the low liquidity, if allowed the price manipulation will be too strang and the whales will be moving the price the way they want
Where can you do that?
Topic: Short-selling Altcoins? (Read 5295 times)
Where can you do that?
You can short sell Zcash because of the low liquidity, if allowed the price manipulation will be too strang and the whales will be moving the price the way they want
Depends on the parameter you prefer.Interest rates, options, leverage percentage?
For me the most important thing is safety, so I divide among different exchanges.Still Poloniex is my favorite...
For me the most important thing is safety, so I divide among different exchanges.Still Poloniex is my favorite...
yes. Poloniex is my favourite too. i do margin trading there. Its very smooth and without any problems.
The problem is that you cannot short sell the ZCash there.
Bitmex too actually
Depends on the parameter you prefer.Interest rates, options, leverage percentage?
For me the most important thing is safety, so I divide among different exchanges.Still Poloniex is my favorite...
For me the most important thing is safety, so I divide among different exchanges.Still Poloniex is my favorite...
yes. Poloniex is my favourite too. i do margin trading there. Its very smooth and without any problems.
Depends on the parameter you prefer.Interest rates, options, leverage percentage?
For me the most important thing is safety, so I divide among different exchanges.Still Poloniex is my favorite...
For me the most important thing is safety, so I divide among different exchanges.Still Poloniex is my favorite...
only poloniex
Bitmex too actually
only poloniex
these are dark days for altcoins, i opened up my exchange this morning and saw all the list was red percentages! everything is going down. and that is why i have unloaded all i had.
although times like this can be good times to make some profits from drops and the bounce backs but i don't recommend it because of the higher risk it has while dropping.
although times like this can be good times to make some profits from drops and the bounce backs but i don't recommend it because of the higher risk it has while dropping.
Not actually a dark day hence these are just normal things to happen on a certain time but as we all know that it doesn't happen anytime and most of them would surely back up its price. I do observe that too that most of coins now are on reds and I suspect because of the sudden price increase of bitcoins. Back to topic, there are lots of of good altcoins which you could actually do make short trades like ETH, XMR.
i think you didn't understand the last part of what i said. let me clarify it by saying i think even when prices are dropping you can still short trade altcoins and make profit but in a market like that it becomes more risky because prices are going down, and if you miss your sell spot on the bounce back you are screwed because the fall will continue and you will end up either bag holding or selling at a bigger loss.
Short selling altcoins is very dangerous as a large pump will wipe you up in a blink of an eye. Many of the altcoins that are being offered in margin trading are not really profitable in my opinion. They move too slow and you would have to sit in your position before you have a chance of seeing profit. Poloniex is one of the best place to short as it has one of the best interface.
Hey guys,
I want to short-sell some alt coins.
Is there any place to do this?
Thanks!
I want to short-sell some alt coins.
Is there any place to do this?
Thanks!
Poloniex or Kraken.
And IMO it is not worth it 9/10 times. Markets are very young but sometimes an opportunity comes along that is too good to pass up on.
I recommend to select poloniex and bittrex, best trading and trust websites as my favorite place to buy, sell and hold variety of bitcoin and altcoin.
Kraken is also a good option for shorting altcoins. I personally do short sells only on Poloniex and Kraken and it's what I would advice newbies to use. Kraken allows you to short ETC and REP which are not available for short selling at Poloniex. The only think which I don't like with Kraken is the platform is hard to understand. I hope they make it easier for the sake of their users.
Hey guys,
I want to short-sell some alt coins.
Is there any place to do this?
Thanks!
I want to short-sell some alt coins.
Is there any place to do this?
Thanks!
if you want margin trading you can try
1 poloniex, support coin ethereum monero litecoin dogecoin DASH and more
2 bitfinex support litecoin etherum bitcoin
3 bitmex support bitcoin etherum
4 btcc support litecoin bitcoin
5 okcoin support bitcoin litecoin
6 huobi support bitcoin litecoin
There are too many short positions on altcoins.If there is a turn on altcoin prices it will be a sharp strike.
Not many alcoins are in margin trading. Probably 10-15 max.
There are too many short positions on altcoins.If there is a turn on altcoin prices it will be a sharp strike.
these are dark days for altcoins, i opened up my exchange this morning and saw all the list was red percentages! everything is going down. and that is why i have unloaded all i had.
although times like this can be good times to make some profits from drops and the bounce backs but i don't recommend it because of the higher risk it has while dropping.
although times like this can be good times to make some profits from drops and the bounce backs but i don't recommend it because of the higher risk it has while dropping.
Not actually a dark day hence these are just normal things to happen on a certain time but as we all know that it doesn't happen anytime and most of them would surely back up its price. I do observe that too that most of coins now are on reds and I suspect because of the sudden price increase of bitcoins. Back to topic, there are lots of of good altcoins which you could actually do make short trades like ETH, XMR.
these are dark days for altcoins, i opened up my exchange this morning and saw all the list was red percentages! everything is going down. and that is why i have unloaded all i had.
although times like this can be good times to make some profits from drops and the bounce backs but i don't recommend it because of the higher risk it has while dropping.
although times like this can be good times to make some profits from drops and the bounce backs but i don't recommend it because of the higher risk it has while dropping.
Hey guys,
I want to short-sell some alt coins.
Is there any place to do this?
Thanks!
I want to short-sell some alt coins.
Is there any place to do this?
Thanks!
Sure there a few exchanges out there you can do so.
I'm using Poloniex and Bitmex for that.
On Bitfinex I think you can also short Ethereum.
There could be a few more out there.But bitmex and poloniex are very much known and mostly used by the trading community.So try your luck with these two I would say.
Poloniex will be a preferred option because they have margin trading where they borrow you a few alts to sell - but be careful, you do not sell at a loss.
Jump to: