This is why you DON'T want go short now 84% of the bearish options has wiped out

wxa7115

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Quote from: unusualfacts30 on April 15, 2021, 12:04:14 PM

Most of my trades are long but shorting can be beneficial if you do it during correction, it still comes with a risk during bull market so it's probably easier to long and see your investment grow. Shorting during bull market will probably bring you sleepless night.

Attaching correct indicators to follow the market trend works fine as long as you are not trying to hold onto your short trade for long term. Just slight pump can close short trades like we've seen happened so many times.

This is something that I have dedicated some time to study and in my opinion it is simply not worth it to short the market, I know we have seen very important crashes but the overall direction of this market is up, if bitcoin was an asset that showed a ranging behaviour and small trends there could be an argument to be made that shorting it makes sense.

But we know this market has the tendency to go on long bull markets a fast crash and then periods of inactivity, with that in mind if you are going to trade it is better to just go long and when you think the market will go down then just stay out of it until you can go long again.

unusualfacts30

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Most of my trades are long but shorting can be beneficial if you do it during correction, it still comes with a risk during bull market so it's probably easier to long and see your investment grow. Shorting during bull market will probably bring you sleepless night.

Attaching correct indicators to follow the market trend works fine as long as you are not trying to hold onto your short trade for long term. Just slight pump can close short trades like we've seen happened so many times.

Sinjokubhi

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Sinjokubhi

Quote from: maxreish on March 24, 2021, 04:56:54 AM

That's what you called, "bad timing", it is not good idea to continue to go bearish while it is strong indication that bitcoi is bullish. Except if you go short entry and exit suddenly after small corrections.

But if you correctly read some good indicators with of course stop loss then you dont stucked with your bad entry.

It is true, we must be able to read as well as analyze the indicators that cause something to happen correctly, but sometimes the results of our readings miss, therefore, as you said stop loss also needs to be used to anticipate this. Because stop loss is a safety for traders. This feature allows us to navigate the stock market even after a very violent storm. Stop loss means that we will always have the capital to return to profit from the stock market and also keep us from running out of capital.

From a psychological perspective, stop losses help clear your mind when trading. Trader psychology becomes less burdened because after all, he has set the maximum loss that will be borne for each trade made. Stop loss can provide a sense of calm because we have set the loss level at the point where we can accept it without regret. The point where we can sincerely accept the loss of money and quickly move on to look for new opportunities for profit.

In essence, stop loss is a way for us to get through unexpected situations smoothly.

wxa7115

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Quote from: slaman29 on April 04, 2021, 11:43:12 AM

Quote from: Pamadar on April 04, 2021, 02:55:58 AM

Once the market jumped high those people will surely regret shorting the market.

It's tough to anticipate so better to aim for long term investment, whatever happened you'll not going to panic as you set your
goals for long term and you are willing to wait till it achieved your target value. Most of the time it's up to how you understand
the market and how willing you are holding and waiting for the right time.

Can't agree more. We just have to accept that for most of us, we'll never have enough time or expertise to do this the way it deserves. Which makes hodling simply the best option there is out there. I bet you, most traders will regret wasting all that time trading when they could have made much more just buying and holding (and actually going out and earn with a real job).

Not only that even if some traders earn money when you begin to think of the taxes and fees they need to pay then you realize that the majority of them never beat the markets at all, if the market by itself grows 10% they only get like 5% in profits.

This means that it would have been more profitable and easier to just hold your assets, by the way holding is not only the best strategy in bitcoin, it is also the best strategy that you can use in the stock market which is why fundamental analysis is a better tool for predicting future outcomes than technical analysis will ever be.

Silberman

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Quote from: Pamadar on April 04, 2021, 02:55:58 AM

Quote from: Silberman on April 03, 2021, 11:37:26 PM

Sometimes it is really difficult to know what are people thinking, who is shorting the market? It is true that the price of bitcoin has been relatively stable during the last weeks but the price is not going down, and all the factors that we can see clearly point out to the fact that the price is going to keep increasing, quite honestly anyone that is shorting the market right now deserves to lose their money as they are just delaying the inevitable, and they're going to have no coins or capital when the price keeps increasing.

Once the market jumped high those people will surely regret shorting the market.

It's tough to anticipate so better to aim for long term investment, whatever happened you'll not going to panic as you set your
goals for long term and you are willing to wait till it achieved your target value. Most of the time it's up to how you understand
the market and how willing you are holding and waiting for the right time.

And when we add that at most you can earn 100% of your capital when you short the market which is nothing compared to the profits you can get when you go long shorting makes no sense, if a person thinks the price can go down then just go to fiat or to one of the many stable coins available and then get back in the market when you think it is going to go up, and what it is worse is that many traders short the market and use leverage as well meaning that in the case they are wrong they can even lose more capital than what they had available in their exchange accounts.

Willitivity

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Its a bull run for God sake, why would someone think of shorting bitcoin right now in a bullish trend, trying to go against the trend isn't wise at all, I thought this is added to one of the basic rules about trading never go against the trend, people shorting bitcoin now will surely get Rekt cause there are tons of whales interested in bitcoin now, who are ready to add more bitcoin to their portfolio each time it dips, liquidation serves them right next time they won't think of shorting during a bullish trend.

doomloop

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Quote from: nikolastech on March 23, 2021, 07:56:09 PM

This is why YOU DO NOT WANT TO GO SHORT NOW: BTC options
While the upcoming $6 billion Bitcoin options are about to expire, around 43% have already been deemed worthless. With the remaining open interest, Bitcoin bulls are mainly in control as the cryptocurrency’s price surge to its recent all-time high has wiped out 84% of the bearish options. https://www.forexcrunch.com/bitcoin-holders-expect-high-volatility-as-roughly-100000-btc-options-contracts-expire-friday/

Thats why all biggest whales buying not selling Wink

It’s been a long time when I got to know about Coinmatics, I even knew the website when it was new, although I have not used it because I am not into day trading, I am usually just into HODL, and that’s been it for me. But I like the platform and they have really developed over the years.

I also know how it works, you choose traders to follow based on their stats and then you link your trading account (let’s say Binance) and then you can start trading by copying the experts that you’re following. I don’t know about the other websites that were mentioned on the article, but would be best that I check them out and see how they really work,, it’s good to get to know all these things, they will be really helpful.

tvplus006

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Opening a position against the market movement always has a high risk. And those who take a short position in a bull market are most often satisfied with a small percentage of the profit, incommensurable with what they can lose. It is obvious that such traders who open short positions are sure that the growth in the price of BTC has already exhausted itself.

sana54210

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Quote from: Pamadar on April 04, 2021, 02:55:58 AM

Once the market jumped high those people will surely regret shorting the market.

It's tough to anticipate so better to aim for long term investment, whatever happened you'll not going to panic as you set your goals for long term and you are willing to wait till it achieved your target value. Most of the time it's up to how you understand the market and how willing you are holding and waiting for the right time.

Short futures people always end up regretting in the end, there are times in small period of time they end up winning something but that is rare and I think it is not going to be that frequent in the future neither. So, there are just people who end up thinking that they can do something like that and hope that bitcoin will go down and they think they can make money?

Bitcoin is pegged against the dollar price, dollar is an inflationary fiat currency that had nearly 5 trillion printed in the last 1 year, how can you expect it to be more valuable than bitcoin? This is why I think it is quite obvious that we can't expect anything from these people and they will end up losing most of the time. Of course there are moments when long futures people have a lot of profit, so I am not against futures as a whole, I just think if you plan on doing it, you should do long.

slaman29

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Quote from: Pamadar on April 04, 2021, 02:55:58 AM

Once the market jumped high those people will surely regret shorting the market.

It's tough to anticipate so better to aim for long term investment, whatever happened you'll not going to panic as you set your
goals for long term and you are willing to wait till it achieved your target value. Most of the time it's up to how you understand
the market and how willing you are holding and waiting for the right time.

Can't agree more. We just have to accept that for most of us, we'll never have enough time or expertise to do this the way it deserves. Which makes hodling simply the best option there is out there. I bet you, most traders will regret wasting all that time trading when they could have made much more just buying and holding (and actually going out and earn with a real job).

Pamadar

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Quote from: Silberman on April 03, 2021, 11:37:26 PM

Quote from: nikolastech on March 23, 2021, 07:56:09 PM

This is why YOU DO NOT WANT TO GO SHORT NOW: BTC options
While the upcoming $6 billion Bitcoin options are about to expire, around 43% have already been deemed worthless. With the remaining open interest, Bitcoin bulls are mainly in control as the cryptocurrency’s price surge to its recent all-time high has wiped out 84% of the bearish options. https://www.forexcrunch.com/bitcoin-holders-expect-high-volatility-as-roughly-100000-btc-options-contracts-expire-friday/

Thats why all biggest whales buying not selling Wink

Sometimes it is really difficult to know what are people thinking, who is shorting the market? It is true that the price of bitcoin has been relatively stable during the last weeks but the price is not going down, and all the factors that we can see clearly point out to the fact that the price is going to keep increasing, quite honestly anyone that is shorting the market right now deserves to lose their money as they are just delaying the inevitable, and they're going to have no coins or capital when the price keeps increasing.

Once the market jumped high those people will surely regret shorting the market.

It's tough to anticipate so better to aim for long term investment, whatever happened you'll not going to panic as you set your
goals for long term and you are willing to wait till it achieved your target value. Most of the time it's up to how you understand
the market and how willing you are holding and waiting for the right time.

so98nn

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Quote from: LUCKMCFLY on March 31, 2021, 11:22:30 PM

Quote from: doctor877 on March 31, 2021, 06:45:16 PM

[...]

[...]
This may be reason enough to be in LONG, or just to be in Hodl. Another reason is that Bitcoin does not break the first time, there are always or there are some corrections, perhaps many expect to be short when it reaches $ 100k, before it is not very possible that it will fall.

The fact that we are still discussing about the bitcoins long term vision of $100k is living proof that we will get there for sure. We are already 60% up for the goal and achieving the remaining 40% is not a big deal. On one side we are 99% reaching the 2 billion market cap which will motivate the people around the world for sure. Mostly the whale investors, since they know very well that such market cap means lifetime security of their funds and more profit along the way!

So there is possibility that we will be hiking limitless over the time. It's just about the time when we will hit the trigger to reach that ATH.

Silberman

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Quote from: nikolastech on March 23, 2021, 07:56:09 PM

This is why YOU DO NOT WANT TO GO SHORT NOW: BTC options
While the upcoming $6 billion Bitcoin options are about to expire, around 43% have already been deemed worthless. With the remaining open interest, Bitcoin bulls are mainly in control as the cryptocurrency’s price surge to its recent all-time high has wiped out 84% of the bearish options. https://www.forexcrunch.com/bitcoin-holders-expect-high-volatility-as-roughly-100000-btc-options-contracts-expire-friday/

Thats why all biggest whales buying not selling Wink

Sometimes it is really difficult to know what are people thinking, who is shorting the market? It is true that the price of bitcoin has been relatively stable during the last weeks but the price is not going down, and all the factors that we can see clearly point out to the fact that the price is going to keep increasing, quite honestly anyone that is shorting the market right now deserves to lose their money as they are just delaying the inevitable, and they're going to have no coins or capital when the price keeps increasing.

CryptopreneurBrainboss

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Quote from: Expecto on March 25, 2021, 11:01:13 AM

I wonder whether we are still in a bull run. Because the price has started to come down again and I saw the price at $50.9k the least today and it is $51.5k now. If this decrease continues in the coming days, I will start doubting really much about the possibility that bear market has come again. But I don't think going short is a clever thing with Bitcoin and I won't change my mind whatever happens in the coming days.

We're still bullish and the whole sentiment around the market says so, we had bullish news of recent which saw the market experience a sudden spike. This is just a mere correction that had to follow the sudden spike of bitcoin. Don't misunderstand it as a dumping signal, that's most likely not going to happen anytime soon.

Bitcoin will likely get to the $100k trading m2ark before the market sentiment begin to change due to trader taking profits and setting up stoploss to minimized their chances of losing in the trade incase there's suddenly a dumping energy in the market due to some sudden fud or market correction.

el kaka22

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Quote from: ven7net on April 02, 2021, 10:29:00 AM

The rise in the price of BTC in 2021 showed that it is very dangerous to play short, as the price shows a new peak each time. I believe that this situation will last until the end of the year and the price of BTC can grow very high. Of course, there are also small price corrections, but if you short in the long term, then you are doomed to fail. For traders, the situation in the market is now very dangerous, since the price of BTC is now very unstable and its fluctuations are very high. Personally, I have decided now to just hold my BTC roughly until the end of 2021.

There was a lot of people who assumed that we would end up with dropping eventually, this started at around 20k price because people assumed we failed last time and the same would happen this time around as well, that's what the initial thinking was like. After that we increased to 25k then to 30k then to 35k and basically kept going up and up.

This made those same people go lower in number but the ones that kept thinking the same thing and didn't change their ideas end up thinking "it didn't drop at 20k , it will drop this time for sure!" and kept shorting. Eventually as we can see now that most of them lost and they do not have anything at all that would show for a profit. I think shorting bitcoin which is a coin that keeps going up constantly against the devaluing dollar is a bad idea but there are a lot of people who keep doing that for some reason.

ven7net

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Quote from: nikolastech on March 23, 2021, 07:56:09 PM

This is why YOU DO NOT WANT TO GO SHORT NOW: BTC options
While the upcoming $6 billion Bitcoin options are about to expire, around 43% have already been deemed worthless. With the remaining open interest, Bitcoin bulls are mainly in control as the cryptocurrency’s price surge to its recent all-time high has wiped out 84% of the bearish options. https://www.forexcrunch.com/bitcoin-holders-expect-high-volatility-as-roughly-100000-btc-options-contracts-expire-friday/

Thats why all biggest whales buying not selling Wink

The rise in the price of BTC in 2021 showed that it is very dangerous to play short, as the price shows a new peak each time. I believe that this situation will last until the end of the year and the price of BTC can grow very high. Of course, there are also small price corrections, but if you short in the long term, then you are doomed to fail. For traders, the situation in the market is now very dangerous, since the price of BTC is now very unstable and its fluctuations are very high. Personally, I have decided now to just hold my BTC roughly until the end of 2021.

LUCKMCFLY

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Quote from: doctor877 on March 31, 2021, 06:45:16 PM

Bull run will happen in stages which will have some little little set backs to gather momentum for next move. Attempting to short at this little price dips require a great carefulness and expertise. So if you can't be disciplined to do shortly then you just need to concentrate on the upward side.

I think the same, maybe the short operations at the moment those traders who do them should be very cautious because they can be high risk to lose, according to what has been seen through the news is positive news.

Quote

A potential price peak this year, with previous behavior as context, could be as much as $400,000 per coin, the chart shows. This dwarfs other estimates, such as that of stock-to-flow, which calls for an average of $288,000 between now and 2024.

Source: https://cointelegraph.com/news/bitcoin-can-reach-400k-in-2021-as-risk-off-reserve-asset-bloomberg

This may be reason enough to be in LONG, or just to be in Hodl. Another reason is that Bitcoin does not break the first time, there are always or there are some corrections, perhaps many expect to be short when it reaches $ 100k, before it is not very possible that it will fall.

doctor877

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Bull run will happen in stages which will have some little little set backs to gather momentum for next move. Attempting to short at this little price dips require a great carefulness and expertise. So if you can't be disciplined to do shortly then you just need to concentrate on the upward side.

wxa7115

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Quote from: AicecreaME on March 25, 2021, 09:09:59 PM

Quote from: TravelMug on March 23, 2021, 08:07:34 PM

Yeah, it doesn't really make sense to short during bull run as you will definitely get REKT.

I remember there was a thread somewhere advising to short BTC, LMAO, either he/she didn't know how the crypto market works, or just wanted traders to lose their money. As fas as the $6 billion worth about to expire or has expired already, this is just another blip if we see the price goes down, in the next 3 days after the expiration, the price could slowly increase again to maybe $60k or new all time high.

Exactly.

I mean, everybody who trades against the trend will obviously going to be destroyed, like why would you do such thing especially if you're doing day Trading, that's a very classic profit burner, that's why you have to always update yourself on the current news about cryptocurrency because it always affect the price chart movement.

Trading blind or randomly will not give you profits always, if you happened to make one, then it is probably just because you're lucky in that day, but you don't have to make it a habit if you really wanted to be a professional trader.

I think those people are called counter trading traders or something like that and is probably the dumbest strategy that anyone will ever devise, it is known that the markets once they begin to trend have the tendency and the desire to keep trending, going against the trend is incredibly risky, it doesn't matter if you think that the trend is not justified because the underlying asset doesn't have the right fundamentals.

No one really cares about that, people care about making money and if you see a strong asset like bitcoin going up in value which has the right fundamentals it is even crazier to go against it.

palle11

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Quote from: ?? on ??

Its foolish to short right now after a huge price correction, maybe some are waiting for a big dump to atleast $20k but it will not go down especially in a bullrun where most people got left behind by the train. Some bears are purposely dipping the price to cause a shake out, but the market keeps pumping anyways. I'm not selling anytime soon, this is all noise.

Seller can't be waiting for such deep down to 20k, that may not happen as the big buyers keep hodling. If small investors drop their hodling, it will not cause any shake up or panic. I have seen speculation for 60k and with the little drop and long bull, that price looks realistic because bitcoin keeps going higher after every down.

Topic: This is why you DON'T want go short now 84% of the bearish options has wiped out (Read 349 times)