Quote from: YOSHIE on October 29, 2024, 12:54:50 PM

Quote from: Sabuj_pal on October 17, 2024, 03:13:03 AM

but still when I see a resistance zone I can't stop myself from short selling! what yours opinion in this case? Should I continue short selling in this bull run, or should prevent myself from doing this?

Short selling trading strategy or what is often mentioned by investors is shorting. I, who have been familiar with the crypto market for a long time and often carry out trading activities, do not dare to carry out a shorting trading strategy, Trading is really carried out by those who have extensive experience because short selling is very high risk, especially if it is done with borrowed money by buying crypto and selling it.

Remember short selling trading is not as easy as you imagine because crypto assets go up and down without limits, so if you don't have experience and strategy or vigilance your fate could be worse, My advice is that if you are inexperienced, don't do the shorting strategy. You will cry when you experience a loss.

This will come back to our knowledge and experience and courage in taking risks to make such trades. If we are able and of course it is based on the analysis we do, then do it, but we must be truly prepared for the risks involved.
Actually, in all decisions, this has similarities, it's just that people rarely do this. Indeed, in this case, I am also not that brave to do short selling, maybe because I am used to doing the opposite trade.
Well, we must be mature in making decisions and we must also know what the risks are, if we are truly ready then we can do whatever we want to do. It sounds simple, but it is really complicated. Grin