Post
Topic
Board Trading Discussion
Re: Short now = make lots of money?
by
rodalutor
on 09/12/2018, 10:17:26 UTC
Hi,

I have no experience short selling but I debate shorting now. Good idea? Anyone with experience? BTC seems overbought...

Shorting now seems like a huge huge risk. Most people around here think we might see a bottom soon. Even if we don't see a true bottom I'd expect to see some sort of dead cat bounce. BTC seems like it will recover at some point so opening a short on something that is bullish long term is risky business. Shorting at 10k or 6k was a much better option than now.