Topic: Why you shouldnt be shorting - page 6. (Read 1123 times)
You explain the things very well. I am fully agree with your views. But how to identify undervalued coins.
This is a very dangerous tool, not everyone can afford to use it wisely. such people are one unit.
I tried to short all with varying degrees of success. And where it turned out it was because of the advice of professional traders. And who say that it is very risky.
If you give advice then you can try to short sell. Let's say 40%. But for this we need to understand the market. Let's say BITCOIN is falling and you znete that Novosel background is poor and he can still fall. You sell. But you have to be sure that this is just a correction and the price is still then go up
I tried to short all with varying degrees of success. And where it turned out it was because of the advice of professional traders. And who say that it is very risky.
If you give advice then you can try to short sell. Let's say 40%. But for this we need to understand the market. Let's say BITCOIN is falling and you znete that Novosel background is poor and he can still fall. You sell. But you have to be sure that this is just a correction and the price is still then go up
this is very dangerous move for the casual traders,it has a higher risk in losing your money between if you can face the consequences why not? if you want to gain $3M dollars in 6hrs and and you can risk your $1M losing in just 3hrs then go.
I see a lot of people are interested in shorting, however I would advise against it. The market is acting irrational, and people are investing in obvious "shit coins". Shorting a coin that you think is over evaluated is not a good idea, because it can continue to be over evaluated, tons of people are investing in awful coins that have NO utility. So even if you are right, you are playing a dangerous game and when you factor in risk management it likely isn't a good idea. Thoughts?
Depend how you choose your trading pairs and are you willing to panic on every tick.
I'm successfully shorting mid-volume alts from months. And I like the game. It's fun and profitable.
Like I said, you can be successful but with your risk management strategy do you not see the dangerous effects? I think it is generally a good idea to stay away from it because the market is to irrational.
I see a lot of people are interested in shorting, however I would advise against it. The market is acting irrational, and people are investing in obvious "shit coins". Shorting a coin that you think is over evaluated is not a good idea, because it can continue to be over evaluated, tons of people are investing in awful coins that have NO utility. So even if you are right, you are playing a dangerous game and when you factor in risk management it likely isn't a good idea. Thoughts?
Depend how you choose your trading pairs and are you willing to panic on every tick.
I'm successfully shorting mid-volume alts from months. And I like the game. It's fun and profitable.
we must evaluate whatever we are going to do.
because otherwise we only get the loss of all the foolish acts we do
I suggest to kitan play safe in trading
because losing money from trading is very painful because we can not play our fund as in gambling
because otherwise we only get the loss of all the foolish acts we do
I suggest to kitan play safe in trading
because losing money from trading is very painful because we can not play our fund as in gambling
Given the volatility of cryptos, even if you put in a stop loss order in place, it might gap down past that price and leave you with a big loss.
Which is why I would recommend to not short
Given the volatility of cryptos, even if you put in a stop loss order in place, it might gap down past that price and leave you with a big loss.
Shorting requires you to join a platform that allows margin trading and deposit some bitcoin or whatever coin you want to short into your account as collateral.Some platforms like bitfinex offer leverage at 1:3 or more but be warned keep that margin trading can generate much larger losses than traditional trading. Although there are margin call limits in place in most cases, it does not mean that you cant lose more money than you actually have in your account.
i found this in google what sorting is,now i know how it works.
i found this in google what sorting is,now i know how it works.
Lots of people short in the stock market, and then moved it to crypto currency. However right now since we are still extremely early I would recommend to not short for the above reasons.
Shorting requires you to join a platform that allows margin trading and deposit some bitcoin or whatever coin you want to short into your account as collateral.Some platforms like bitfinex offer leverage at 1:3 or more but be warned keep that margin trading can generate much larger losses than traditional trading. Although there are margin call limits in place in most cases, it does not mean that you cant lose more money than you actually have in your account.
i found this in google what sorting is,now i know how it works.
i found this in google what sorting is,now i know how it works.
If you dont understand marginal trading, check out my Medium Post: Understanding Marginal Trading.
I see a lot of people are interested in shorting, however I would advise against it. The market is acting irrational, and people are investing in obvious "shit coins". Shorting a coin that you think is over evaluated is not a good idea, because it can continue to be over evaluated, tons of people are investing in awful coins that have NO utility. So even if you are right, you are playing a dangerous game and when you factor in risk management it likely isn't a good idea. Thoughts?
I see a lot of people are interested in shorting, however I would advise against it. The market is acting irrational, and people are investing in obvious "shit coins". Shorting a coin that you think is over evaluated is not a good idea, because it can continue to be over evaluated, tons of people are investing in awful coins that have NO utility. So even if you are right, you are playing a dangerous game and when you factor in risk management it likely isn't a good idea. Thoughts?
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