Why we recommend enabling the Shorting Functionality of AYMBot®
Why we recommend enabling the Shorting Functionality of AYMBot®
AYMBot® can function profitably in both “Bull” and “Bear” markets, however, by default the shorting functionality is disabled and users have the option of enabling it or disabling it at any time as they choose.
Bull Markets
When prices are increasing, this is referred to as a “Bull Market”. During this time everyone in the market is encouraged to buy, and positions during this sort of market are known as “Long” positions. During this market AYMBot® trades by buying at lower prices and then selling higher.
Bear Markets
A “Bear Market” occurs when prices are falling, this encourages selling as people try to minimize their losses as the price continues to go down. “Short” positions are the positions you want to take to trade profitably during bear markets.
The Power of AYMBot® Shorting
When the shorting functionality is disabled AYMBot® would be in risk averse mode during bear markets, its main aim would be capital preservation.
Whereas AYMBot® is able to thrive and secure profits during bear trends if its shorting functionality is enabled as it is capable of taking short positions to generate returns as prices fall.
AYMBot® constantly analyzes the market across multiple timeframes. It is smart enough to know when to switch modes between Bullish, Bearish and hedging, placing different buy and sell orders and managing your account.
Additionally enabling the shorting functionality will also allow AYMBot(R) to enter your account into hedging mode, where it is able to preserve capital and generate returns even during times of low volatility, elongated sideways consolidation and high uncertainty. Think of it as purchasing an insurance policy at every support and resistance to help secure and optimize returns, this mode is not possible if the shorting functionality is disabled.
It is worth noting that an AYMBot® account with the shorting functionality enabled will inevitably perform better and generate greater returns than an account with the shorting functionality disabled.
Crypto-Winter
Bitcoin is infamous for being the best performing asset in the history of mankind, but with these returns comes great volatility and elongated periods of falling prices; this is commonly referred to as “crypto-winter”.
The last crypto-winter of 2018-2019 lasted around 14 months and saw crypto-assets like Bitcoin and Ethereum losing about 90% and 96% respectively.
These bear markets are an inevitable reality of any market and hit especially hard in crypto. In fact, bitcoin has lost 90% in June 2011, 56% in August 2012, 50% in April of 2013 and about 60% twice over the course of months in May 2021 and November 2021. Along these years bitcoin has been proclaimed dead over 445 times as of time of publishing.
During these crypto winters taking long positions is futile; it is not prudent and inefficient to counter trade any financial markets, especially ones that have a track record of absolutely obliterating anyone who tries.
Wrapping Up!
That is why we recommend that all users make use of the full power of AYMBot® to generate returns during both bull and bear trending markets by enabling the shorting functionality on their accounts.
Do keep in mind that with the AYMBot® shorting feature liquidation is not an option; we run strict risk management and position sizing techniques and never use leverage to trade on your behalf.
It is a thing of absolute beauty being able to make a positive return on your account as the price of bitcoin drops 50%+ and loses tens of thousands in dollar value.
Users can select whether they wish to activate the shorting functionality on their AYMBot® subscription from the from the Trade Settings section of their Account at any time, it’s entirely optional, membership fees are the same.
Click here for a detailed guide on how to activate shorting.
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