Topic: Time to short Bitcoin? (Read 1680 times)
I have never shorted and probably never will. I prefer to just sell if I think the price is high and take my profits to later buy back at a lower price.
Yupz, I have gained profit within 2 weeks.
I'm not finding any exchanges are providing shorting orders to trade crypto currencies. I believe all the exchanges are operating based on trader to trader model hence it will not be possible for them providing facilities to go shorting bitcoins/altcoins. Even it will be available for trading bitcoins, I guess I will not be going for it as bitcoin will be always profitable for by buyers and not for sellers.
More over it is not time for shorting bitcoins as there are enough volume to back up current market depth. I guess we are heading towards $2500 levels before the end of this month.
More over it is not time for shorting bitcoins as there are enough volume to back up current market depth. I guess we are heading towards $2500 levels before the end of this month.
Yes the current situation of you analysis then the price has shoot up daily and it's being going upwards itself . Well yes if it start falling then it may easily fall 300 - 500 $ in coming times . Hope so we do not see such fall else it will be drastic fall for the Btc market .
Price is volatile always in the bitcoin but in recent days bitcoin achieving continuous pump in the preev chart. Today It touched the double value for this year because this year starting bitcoin value is somewhere around 1000$ but now bitcoin is 2050$ and more. We may see 2500$ soon.
I'm pretty positive about that as well. In the start of this year, it was perceived that we could reach the 2k barrier late this year but it actually got a lot early. I'm not really looking forward to it but I think reaching 2.5 or 3k would already be a possibility at this rate. If the price stays like this the whole year then there won't be any chance for us to buy btc anymore and it's just hold and wait for those of us who are holding bitcoins.
Yes the current situation of you analysis then the price has shoot up daily and it's being going upwards itself . Well yes if it start falling then it may easily fall 300 - 500 $ in coming times . Hope so we do not see such fall else it will be drastic fall for the Btc market .
Price is volatile always in the bitcoin but in recent days bitcoin achieving continuous pump in the preev chart. Today It touched the double value for this year because this year starting bitcoin value is somewhere around 1000$ but now bitcoin is 2050$ and more. We may see 2500$ soon.
Yes the current situation of you analysis then the price has shoot up daily and it's being going upwards itself . Well yes if it start falling then it may easily fall 300 - 500 $ in coming times . Hope so we do not see such fall else it will be drastic fall for the Btc market .
Profits should be taken at +$1200 levels. I personally am a long term holder plus an occasional trader. I am currently having a decent amount of fiat waiting for the moment the market starts heading down seriously. I will only start buying if the price happens to dip significantly below the $800 level. If there really happens to be a fork, then it will definitely sink below that level. If not, then no problem. Either way, I am well prepared for whatever the situation might be.
Yeah the price is skyrocketed already and I'm in ambiguity as well whether it will hit down or not. I'm waiting for the short situation as well but this is not the time yet. Bitcoin seems to be moving further but now the situation is like it may come down or may go up without any notice. I have seen few downward trends in the past which clearly states bitcoin came to deep down in a single night which could be disastrous. Let's see. I'm too prepared anyway.
I dont think so, the price will stabilise around the current price and will eventually rise. I would be weary of people calling for the shorting of bitcoin and i would guess is that they want to buy cheap bitcoin.
yes i think i can also hope so, the price of bitcoin is not going to decrease anymore and hope that it will stay here for some time and hope that then the price of bitcoin will start increasing again and hope that this time it will cross his all time price again. 
I wouldn't short Bitcoin right now. I think the time to short was when it was over $1200. Now we are kind of between buying and selling prices in my opinion. It's hard to tell which direction it would go right now.
Well, You may have a point in that matter it is true that we are in the period of buying and selling of bitcoin and some are holding it not selling it. And for me its not good to make bitcoin into short. I do believed from 1300$ to 1500$ it will come to this price and many are expecting this things to be happen. 
i can just give you a warning and that is the fact that bitcoin price is a rising price, it may fluctuate from time to time specially when there are dramas going on with it but in the end any drama and FUD and the final dip means price goes even higher and faster when it is over the hump.
and i would like to direct everyone's attention to some search results:
Someone just lost $10Million trying to short Bitcoin
2 Million dollars lost trying to short bitcoin
Trader loses at least $240,000 trying to short Bitcoin rally
and these are just the tip of the iceberg.
and i would like to direct everyone's attention to some search results:
Someone just lost $10Million trying to short Bitcoin
2 Million dollars lost trying to short bitcoin
Trader loses at least $240,000 trying to short Bitcoin rally
and these are just the tip of the iceberg.
Today prices are showing huge upside momentum hence we can expect prices continue its rarely and this time it may break $1300 levels to test $1350 and then $1400 levels before making any U turn. As per my technical analysis this is not the right time to short bitcoins.
The major exchanges are showing good volume in the buyer side which must be counted as the supporting sentiment among traders for another huge rally. This is happening after bitcoin Unlimited faces sudden crash problems, it is believed people will continue their support for bitcoin core and hence we can expect more investors to adopt bitcoins.
The major exchanges are showing good volume in the buyer side which must be counted as the supporting sentiment among traders for another huge rally. This is happening after bitcoin Unlimited faces sudden crash problems, it is believed people will continue their support for bitcoin core and hence we can expect more investors to adopt bitcoins.
Price is normal in bitcoin and we must know price being volatile in the btc chart. Yesterday it touched 1100$ but today again it dump back to 1000$. We already started getting good adoption from 2014 to present that why we crossed plus value in the chart. Hope we should more adopters to pull the value up more than now. Just ignore the trollers a side.
Getting worried about it. This events are really making a fuss and you cant just ignore it. Our money are on the line here and yet it is like nothing for them. There should be only one belief and if it is Segwit then let it be.
But for some reasons this is shaking the bitcoin users and some may panic sell again and may cause the bitcoin to fall back. This is really not looking good.
But for some reasons this is shaking the bitcoin users and some may panic sell again and may cause the bitcoin to fall back. This is really not looking good.
Now, actually is the best time for shorting! I have try to figure out price movement for the past two weeks an find out that the only people making it big as a traders are the margin and leverage traders, the buy and hold are having difficult times as the uncertainty is high. BTU maybe seen as a negative sign for bitcoin now but with time we would all see the good part of it.
I don’t think so… I would just hold bitcoin for the time being, don’t think that margin trading is a good idea. It’s just a pure gamble because you can’t take out the loan forever. Bitcoin has to crash by more than the loan rate you took out per day for you to make any profit at all.
I mean maybe i just haven’t got a good experience with shorting altcoins in the past. I shorted Dash at around 0.04 BTC thinking that it would go down in value for sure, but it surprisingly got up to $100+ apiece which made me lose over 1.3 BTC.
Anyways, i think that if you want to be safe just hold a few bitcoins and sell a few bitcoins for USD for a short term and buy back in later when the price is lower
Now, actually is the best time for shorting! I have try to figure out price movement for the past two weeks an find out that the only people making it big as a traders are the margin and leverage traders, the buy and hold are having difficult times as the uncertainty is high. BTU maybe seen as a negative sign for bitcoin now but with time we would all see the good part of it.
Is it time to short bitcoin? I think maybe it is...
Last month I wrote a post about a potential short squeeze coming https://bitcointalksearch.org/topic/bitcoin-short-squeeze-on-the-way-1801024
Sure enough, the price sky rocketed to over $1,300 after that as speculation over the ETH increased and shorts were forced to cover their bets.
Now it appears we could be seeing the other side of the story playing itself out. With the industry divided about a potential split and a lack of catalysts to send bitcoin up to its next leg it seems like going short could be the next best bet. Only time will tell for sure...
I currently hold no potions long or short and will be watching from the sidelines as things unfold in the coming weeks.
There is a good article on Wall Street Journal but the system keeps deleting it, i'll try to post the WSJ page url with no link this time for reference
wsj.com/articles/bitcoin-price-plunges-on-fears-of-a-currency-split-1489949541
Last month I wrote a post about a potential short squeeze coming https://bitcointalksearch.org/topic/bitcoin-short-squeeze-on-the-way-1801024
Sure enough, the price sky rocketed to over $1,300 after that as speculation over the ETH increased and shorts were forced to cover their bets.
Now it appears we could be seeing the other side of the story playing itself out. With the industry divided about a potential split and a lack of catalysts to send bitcoin up to its next leg it seems like going short could be the next best bet. Only time will tell for sure...
I currently hold no potions long or short and will be watching from the sidelines as things unfold in the coming weeks.
There is a good article on Wall Street Journal but the system keeps deleting it, i'll try to post the WSJ page url with no link this time for reference
wsj.com/articles/bitcoin-price-plunges-on-fears-of-a-currency-split-1489949541
I would rather just hold my coins right now instead of selling or shorting because the markets are always so unpredictable.
But yeah, if you are experienced in trading then you could probably look at several ways to hedge against a drop in bitcoin value.
Shorting it at a low interest rate could work as well.
Is it time to short bitcoin? I think maybe it is...
Last month I wrote a post about a potential short squeeze coming https://bitcointalksearch.org/topic/bitcoin-short-squeeze-on-the-way-1801024
Sure enough, the price sky rocketed to over $1,300 after that as speculation over the ETH increased and shorts were forced to cover their bets.
Now it appears we could be seeing the other side of the story playing itself out. With the industry divided about a potential split and a lack of catalysts to send bitcoin up to its next leg it seems like going short could be the next best bet. Only time will tell for sure...
I currently hold no potions long or short and will be watching from the sidelines as things unfold in the coming weeks.
There is a good article on Wall Street Journal but the system keeps deleting it, i'll try to post the WSJ page url with no link this time for reference
wsj.com/articles/bitcoin-price-plunges-on-fears-of-a-currency-split-1489949541
I think that it might be a good idea to short bitcoin right now because of the upcoming fork. I mean if a hard fork does happen then bitcoin(bitcoin core plus bitcoin unlimited value) will drop dramatically at first and will probably recover in a few weeks.Last month I wrote a post about a potential short squeeze coming https://bitcointalksearch.org/topic/bitcoin-short-squeeze-on-the-way-1801024
Sure enough, the price sky rocketed to over $1,300 after that as speculation over the ETH increased and shorts were forced to cover their bets.
Now it appears we could be seeing the other side of the story playing itself out. With the industry divided about a potential split and a lack of catalysts to send bitcoin up to its next leg it seems like going short could be the next best bet. Only time will tell for sure...
I currently hold no potions long or short and will be watching from the sidelines as things unfold in the coming weeks.
There is a good article on Wall Street Journal but the system keeps deleting it, i'll try to post the WSJ page url with no link this time for reference
wsj.com/articles/bitcoin-price-plunges-on-fears-of-a-currency-split-1489949541
Personally I think that there is no real driving force for another price increase for now, the community’s quite divided.
Don’t trade with what you cannot afford to lose though, any margin trade is still a gamble.
You can even lose more than you've invested, even though that is very unlikely.
I wouldn't short Bitcoin right now. I think the time to short was when it was over $1200. Now we are kind of between buying and selling prices in my opinion. It's hard to tell which direction it would go right now.
I don't think the hard fork will ever happen and also bitcoin unlimited didn't worked out well
This is a very scary time to be making bold trading moves like this as I think we're going to be seeing extreme volatility due to hard fork speculations and the panic that is going to be caused by the buyers and sellers not fully knowing what is going to happen too. This is a time that as I trader (if you're small this is) you should just sit back and wait to see what's going to happen, you shouldn't be trading off of speculation like this anyway unless you're a whale who can afford some losses to make a ton back.
This is also something that I think will happen as I don't think the hard fork will ever happen but you never know, thing change and Ver could pull some crazy shit with his Mining Army that is nearing the mark.
I dont think so, the price will stabilise around the current price and will eventually rise. I would be weary of people calling for the shorting of bitcoin and i would guess is that they want to buy cheap bitcoin.
This is also something that I think will happen as I don't think the hard fork will ever happen but you never know, thing change and Ver could pull some crazy shit with his Mining Army that is nearing the mark.
I dont think so, the price will stabilise around the current price and will eventually rise. I would be weary of people calling for the shorting of bitcoin and i would guess is that they want to buy cheap bitcoin.
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