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Topic: Shorted bitcoin (Read 5370 times)

legendary
Activity: 1204
Merit: 1002
January 04, 2015, 04:16:28 PM
#68
you should know that historically bitcoin has never dropped below the previous ATH of the last bubble. so in this instance that would be the April 2013 peak of $266. i highly doubt it will act differently this time.
That ended today. Today's low, so far, was $255.
hero member
Activity: 784
Merit: 500
January 04, 2015, 03:54:57 PM
#67
Yeah Still around making some good cash money from this one

Congrats man! Good call
full member
Activity: 481
Merit: 102
January 04, 2015, 03:46:29 PM
#66
Yeah Still around making some good cash money from this one
full member
Activity: 126
Merit: 100
November 07, 2014, 08:59:04 AM
#65
Shorting bitcoin is a thing of the past... a lot of shorters are covering... look at the amount of bitcoin available to borrow for shorting... its insane!
legendary
Activity: 2044
Merit: 1005
November 07, 2014, 02:19:45 AM
#64
How's it looking? underwater yet?

Ok so the price is now falling again.

We'll hit $200 in the next week.

Get the f*** out of bitcon or you'll go broke soon!


....
full member
Activity: 126
Merit: 100
November 06, 2014, 07:25:25 PM
#63
Shorting when there is blood in the streets..

The rothschilds would LLLLOVE you.

Shorting on a double bottom... OP you have balls of steel.

OP shorted when price was around 390$, so if he closed his short he has done well.

If he hasn't... BTC could really jump to $600 in a matter of seconds... it probably won't but it could.

Lke I said.. balls of steel.

No it can't jump in a matter of seconds, to reach 600$ in the bullish scenario it would take several weeks.



At a 4.5 billion market cap.. yes yes it could.  Some people shit that.


Correct, a few million dollars thrown into an exchange would be an insane jump but as of right now it would take tens of millions to get up to $600 that fast! Possible but not likely unless a major currency collapse. Fast rises like that don't last though! We need nice slow gains now everyday like the stock market used to be like back in the good ol' days. That's what will last and cause more shorters that are in denial to cover more shorts everyday causing a nice rocket to the moon for BTC
newbie
Activity: 3
Merit: 0
November 06, 2014, 02:06:02 PM
#62
Good luck... with whats going on in Russia right now.. BTC may make a comeback.. according to Yahoo Finances.
legendary
Activity: 1512
Merit: 1000
November 06, 2014, 01:32:36 PM
#61
How's it looking? underwater yet?

Ok so the price is now falling again.

We'll hit $200 in the next week.

Get the f*** out of bitcon or you'll go broke soon!

legendary
Activity: 2044
Merit: 1005
November 06, 2014, 01:10:36 PM
#60
What is your risk reward setup? Where is your margin call aka stoploss?

PM me

I would rather have it in the open... if you were open enough to tell everyone you shorted why not go the rest of the way?

I thought you were from coindesk. Im only interested in talking to experienced journalists. Further I do not post my entire strategies online, just proof that I am successful. However even if I did people would probably just attack them instead of accepting them as valid, despite the fact that they work as illustrated by my profits. That is to say that they are different to the way most traders operate.

Do I sense a little jealously my friend? Why cant you respect success instead of immediately getting on the attack?

How's it looking? underwater yet?
legendary
Activity: 1722
Merit: 1000
November 06, 2014, 11:58:24 AM
#59
Shorting when there is blood in the streets..

The rothschilds would LLLLOVE you.

Shorting on a double bottom... OP you have balls of steel.

OP shorted when price was around 390$, so if he closed his short he has done well.

If he hasn't... BTC could really jump to $600 in a matter of seconds... it probably won't but it could.

Lke I said.. balls of steel.

No it can't jump in a matter of seconds, to reach 600$ in the bullish scenario it would take several weeks.



At a 4.5 billion market cap.. yes yes it could.  Some people shit that.
legendary
Activity: 2170
Merit: 1094
November 06, 2014, 11:33:14 AM
#58
Shorting when there is blood in the streets..

The rothschilds would LLLLOVE you.

Shorting on a double bottom... OP you have balls of steel.

OP shorted when price was around 390$, so if he closed his short he has done well.

If he hasn't... BTC could really jump to $600 in a matter of seconds... it probably won't but it could.

Lke I said.. balls of steel.

No it can't jump in a matter of seconds, to reach 600$ in the bullish scenario it would take several weeks.

legendary
Activity: 1722
Merit: 1000
November 06, 2014, 11:30:43 AM
#57
Shorting when there is blood in the streets..

The rothschilds would LLLLOVE you.

Shorting on a double bottom... OP you have balls of steel.

OP shorted when price was around 390$, so if he closed his short he has done well.

If he hasn't... BTC could really jump ot $600 in a matter of seconds... it probably won't but it could.

Lke I said.. balls of steel.
legendary
Activity: 2170
Merit: 1094
November 06, 2014, 11:26:53 AM
#56
Shorting when there is blood in the streets..

The rothschilds would LLLLOVE you.

Shorting on a double bottom... OP you have balls of steel.

OP shorted when price was around 390$, so if he closed his short he has done well.
legendary
Activity: 1722
Merit: 1000
November 06, 2014, 11:17:47 AM
#55
Shorting when there is blood in the streets..

The rothschilds would LLLLOVE you.

Shorting on a double bottom... OP you have balls of steel.
full member
Activity: 167
Merit: 100
November 06, 2014, 08:44:57 AM
#54
Shorting is notoriously difficult to do. You might know the right trend, but If you mess up your timing you can still lose money.

Exactly that's the risk that is amplified to an extreme by trading on leverage. The vast majority of all traders loose money. It's not worth to risk capital and mental health in such a game.

Shorting Bitcoin is even riskier, because the market often moves unpredictably and extremely fast. The volatility is very high. Doing that leveraged is insane.

ya.ya.yo!

How is this difference when people are going long using leverage?
hero member
Activity: 840
Merit: 1000
October 25, 2014, 05:47:40 AM
#53
Shorting is notoriously difficult to do. You might know the right trend, but If you mess up your timing you can still lose money.

Exactly that's the risk that is amplified to an extreme by trading on leverage. The vast majority of all traders loose money. It's not worth to risk capital and mental health in such a game.

Shorting Bitcoin is even riskier, because the market often moves unpredictably and extremely fast. The volatility is very high. Doing that leveraged is insane.

ya.ya.yo!

Yep.

Leveraged trading (or even just plain old trading) does very strange things to the mind. Just cos a person is generally pretty good at sensing which way the market is going to go when his capital is sitting on the sidelines, doesn't mean he is capable of being a good trader. It also just takes one of those vicious volatile swings to come right in out of knowhere, to decimate a trader's capital and then he is sitting staring at the charts, stung and numb, and desperately seeking revenge. It all goes down hill even more from that point and previous lucrative gains can soon turn into net losses. That is the nature of this game and trading volatile assets in general.
legendary
Activity: 2044
Merit: 1005
October 24, 2014, 08:49:35 PM
#52
What is your risk reward setup? Where is your margin call aka stoploss?

PM me

I would rather have it in the open... if you were open enough to tell everyone you shorted why not go the rest of the way?

I thought you were from coindesk. Im only interested in talking to experienced journalists. Further I do not post my entire strategies online, just proof that I am successful. However even if I did people would probably just attack them instead of accepting them as valid, despite the fact that they work as illustrated by my profits. That is to say that they are different to the way most traders operate.

Do I sense a little jealously my friend? Why cant you respect success instead of immediately getting on the attack?

Success based on one trade? I am just trying to help If I knew your risk reward it would aid in my understanding if you are worth following or just a one hit wonder like many before you... with your response I have gotten everything I needed to know.. you are a long ways away still Smiley
full member
Activity: 481
Merit: 102
October 24, 2014, 07:48:35 PM
#51
What is your risk reward setup? Where is your margin call aka stoploss?

PM me

I would rather have it in the open... if you were open enough to tell everyone you shorted why not go the rest of the way?

I thought you were from coindesk. Im only interested in talking to experienced journalists. Further I do not post my entire strategies online, just proof that I am successful. However even if I did people would probably just attack them instead of accepting them as valid, despite the fact that they work as illustrated by my profits. That is to say that they are different to the way most traders operate.

Do I sense a little jealously my friend? Why cant you respect success instead of immediately getting on the attack?
legendary
Activity: 1806
Merit: 1024
October 24, 2014, 07:36:14 PM
#50
Shorting is notoriously difficult to do. You might know the right trend, but If you mess up your timing you can still lose money.

Exactly that's the risk that is amplified to an extreme by trading on leverage. The vast majority of all traders loose money. It's not worth to risk capital and mental health in such a game.

Shorting Bitcoin is even riskier, because the market often moves unpredictably and extremely fast. The volatility is very high. Doing that leveraged is insane.

ya.ya.yo!
full member
Activity: 238
Merit: 100
October 24, 2014, 06:52:54 PM
#49
Shorting is notoriously difficult to do. You might know the right trend, but If you mess up your timing you can still lose money.
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