Why isn't every single one of you niggers shorting Ether with 10,000 leverage? Do you hate fucking free money? I've made far more money just fricken shorting from June 21st to now than I have during the bull run of April-May, this is literally free money. If you're not shorting ether, I'm assuming you hate free money
Why isn't every single one of you niggers shorting Ether with 10,000 leverage? Do you hate fucking free money...
Anthony Ross
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Nathan Sullivan
You will learn
Landon Campbell
>free money
found the newfag.
Zachary Wright
Retard here.
How do i short cryptocoins? Ive been wanting to short eth since it hit 250. Someone pls explain.
Hudson Gonzalez
OP is a faggot and everything but can i short on Kraken?
Hudson Lopez
Polo has margin trading where you can borrow coins
but if you're too stupid to figure out how to do it I wouldn't recommend
Ian Ward
But we are ready touch the floor
Michael Flores
This. Everyone shorting crypto doesn't know that about KBIO or DRYS.
Ian Wood
Just tell me :(
Cameron Diaz
Just put a sell order in intermediate mode and add leverage
And add a buy order with leverage and limit set to what you want to sell your position at
The order will show up in positions by the way
Mason Ramirez
Because it's volatile you stupid fucking faggot.
Hudson Rodriguez
Elaborate
Brandon Brooks
2 of the most well known penny stocks which had the world's biggest jump, fuelled by a short squeeze. DRYS went from 4 dollars to 125 in 3 days and crashed back down again in another 3 (pic relates but numbers are off because there have been many reverse splits since then.) The fundamentals of the company were shit but because so many people were short, when the stock started pumping, shorters were just scrambling to buy back in to liquidate their short which created a crazy short squeeze and got most got liquidated. Same thing with KBIO, idr exactly but I believe it was something like 2 to 20 overnight and then 50 the next day. If you were short 5k KBIO at 2 dollars, the next day you'd owe your broker 100k.
The moral of the story is you don't short crazy volatility because the downside is potentially infinite. It's not like going long where u can only lose what u put in. Shorting is extremely dangerous.
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Gabriel White
>DRYS
Are you seriously comparing a cryptocurrency to a penny stock?
Get the fuck off this site faggot. Take a bath and go buy some more Ark while you're at it.
Robert Allen
Who cares? It's an example. Moral of the story is not to short crazy volatility because the downside is unlimited
Matthew Morgan
Crypto best comparisons are trash penny stocks
Chase Murphy
I already did and made a kind profit.
Stop applying the real world to the fake one. It doesn't work that way.
Bentley Lee
>gets lucky once
>thinks this is an effective long term strategy
All it takes is 1 bad short to reverse 10 good trades. Enjoy your margin call
Andrew Hall
Too high risk
Adrian Cruz
Ok maybe it's a bit harsh of me user. But really, the mechanisms in place aren't the same. There are different liquidities at play, and a different version of implied volatility to be measured, to each their own of course.
Ryder Brown
by shorting on unregulated markets you're just plankton for whales
Alexander Jones
I guess you're right because someone shorting crypto can close their position at any time (unless exchanges shut down due to the traffic, lookin at you coinbase.) it's not like a stock which has an open and close and can gap 100% in a night.
But still the risk/reward isn't there for me. Especially i wouldnt start shorting now that it's down so much. Maybe it'll keep going but imo we're closer to the bottom than the top.
Jonathan Lewis
XTB-broker has the major cryptocoins listed as CFD
Benjamin Wright
>thinks daytrading cryptocurrencies is a good idea
>"its like free money user"
oh boy youre in for a rude awakening