Quote from: StGermain on August 14, 2018, 12:32:38 PM

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

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?

Oh, great advice, except that someone shorting this week would have made a huge profit, since everything is down. I would advise to understand and use shorting instruments.

Just because something is profitable doesnt mean the right decision was made. This is a hard concept to learn because people are super results oriented. You can make a bad investment or a bad trade and make money. However, in the long term it's not the best play. Example: You could have invested in verge early on and make a ton of money, however the coin/token itself was shit. Luck plays a role in investing sometimes. Shorting is okay if you know the risks and know what your doing, but it should be done by professionals.