Where are you finding markets to short luna lol. Going on margin either way on these types of coins almost always end up with you getting margin called. I guess to each their own but dam you got stones.
Haha - using KuCoin. Take a listen to my channel. I'm using very small positions (0.5% - 1% of my account and adding margin as appropriate.) I've done this for years and have a good system down
Thanks for the comment!Shorting and lomging volatile coins don't have any system to it. It's purely speculative and irresponsible to get people to join you. It's a complete gamble and yeah you might make some good coin from time to time, but there is no system to it. Greed drives these markets that's it.
I highly agree, this is one of those rare trades that is considered gambling. LUNC and LUNA's fundamental is already lost. What we are seeing in the LUNC/LUNA pump right now are whales trapping traders to milk the LUNA market. But I do understand, risk taker traders love this kind of market movement because they can literally play with the market movement and get profit out of it. Though, I also see those traders playing with the market getting burned by sudden changes in trends of the volatile market.