Quote from: jjdub7 on November 29, 2017, 03:42:06 AM

Quote from: TimtheYoutuber on November 29, 2017, 02:16:07 AM

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.