Reasons why you should NOT trade cryptocurrencies
Member Since Jan 31, 2018
16 posts
Feb 21, 2018 at 12:36
There is money to be mad in cryto but it is all very speculative. I would never dream of putting any serious funds into it
Member Since Aug 27, 2017
994 posts
Feb 21, 2018 at 14:33
CleanTrader posted:
There is money to be mad in cryto but it is all very speculative. I would never dream of putting any serious funds into it
So true, but I think it’s a good option as a long time investment!
keeping patience.......
Feb 28, 2018 at 16:08
Cryptos are risky - we all know this. But those symbols are still tradable and getting more popular each day. Cryptos are definitely something different on the market. Also you have a lot of options, entertainment with the price changing - something which is considered by the 'rich' traders as interesting.
I consider the cryptos non-tradable for the average trader and very much tradable for the traders who like to risk a lot and that do not care about the account balance. It's up to you guys - trade what you like and don't take someone's opinion as a must :) GL
I consider the cryptos non-tradable for the average trader and very much tradable for the traders who like to risk a lot and that do not care about the account balance. It's up to you guys - trade what you like and don't take someone's opinion as a must :) GL
Accept the loss as experience
Feb 28, 2018 at 16:39
DrVodka posted:
crypto is to risky for training !!!! i use crypto is my long investment/retirement
It’s a good plan! For short-term trading cryto is too much risky; I have also a buy trade from 2K (BTC/USD)! I am holding this trade with a long time target.
Mar 11, 2018 at 15:11
Currently Bitcoin software is still in beta with many incomplete features in active development. New tools, features, and services are being developed to make Bitcoin more secure and accessible to the masses. Some of these are still not ready for everyone. Most Bitcoin businesses are new and still offer no insurance. Currently its bit risky to invest in bitcoins rather I would prefer to invest in Gold.
https://yourstory.com/mystory/06eb393550-rajesh-exports-md-a-b
https://innertowords.com/rajesh-exports-md-investing-gold-far-better-option-crypto-currencies/
https://yourstory.com/mystory/06eb393550-rajesh-exports-md-a-b
https://innertowords.com/rajesh-exports-md-investing-gold-far-better-option-crypto-currencies/
forex_trader_314834
Member Since Mar 25, 2016
58 posts
Mar 27, 2018 at 08:20
Like I said
https://www.esma.europa.eu/press-news/esma-news/esma-agrees-prohibit-binary-options-and-restrict-cfds-protect-retail-investors
Forex is dead in the EU.
Now crypto will rise.
https://www.esma.europa.eu/press-news/esma-news/esma-agrees-prohibit-binary-options-and-restrict-cfds-protect-retail-investors
Forex is dead in the EU.
Now crypto will rise.
Mar 27, 2018 at 13:33
(edited Mar 27, 2018 at 13:35)
johndoe2016 posted:
Like I said
https://www.esma.europa.eu/press-news/esma-news/esma-agrees-prohibit-binary-options-and-restrict-cfds-protect-retail-investors
Forex is dead in the EU.
Now crypto will rise.
Not at all :)
Just the brokers will apply for licenses in exotic places in the world... and then will attract clients with high leverage but in different legal entity. To bring some more clearance, here is an example:
Company 'A' is a solid EU regulated broker with many clients and the same broker establish company 'AA' in Marshal Islands. Now when a client (new, but this is valid also for current clients as well) comes to them asking to open a trade account, the company representative will explain - if the client open account with company 'A' then EU regulation should be applicable, but if he select company 'AA' which is the same company, the client may use conditions offered by 'AA'. :)
This is just very basic example :)
Member Since Feb 22, 2011
4862 posts
Mar 27, 2018 at 13:33
Trading crypto is like driving F1 - lot of adrenalin, lot of profit.
Trading forex is calm and stable income, but boring.
Trading forex is calm and stable income, but boring.
Member Since Mar 27, 2018
13 posts
Mar 27, 2018 at 13:39
That won't kill Forex. Forex trading is here to stay. There are restrictions like that in the US and there are still plenty of Forex traders. Just because there are leverage restrictions it won't stop people putting in money
Member Since Jan 25, 2010
1360 posts
Mar 28, 2018 at 14:45
(edited Mar 28, 2018 at 15:12)
johndoe2016 posted:
Like I said
https://www.esma.europa.eu/press-news/esma-news/esma-agrees-prohibit-binary-options-and-restrict-cfds-protect-retail-investors
Forex is dead in the EU.
Now crypto will rise.
The link you provided is NOT referring to Spot Forex.
The link you provided refers to DERIVATIVES of Spot Forex, namely CFDs (Contract For Difference) and Binary Options.
An explanation of the difference between Spot Forex and Forex CFDs:
https://money.stackexchange.com/questions/45576/what-is-the-difference-between-spot-forex-trading-and-cfd-forex-trading?utm_medium=organic&utm_source=google_rich_qa&utm_campaign=google_rich_qa
Derivatives are being regulated, and the same approach needs to be taken with cryptocurrency - the sooner the better. Cryptocurrency is currently where Binary Options were five or ten years ago...
(Spot) Forex is not 'dead'. Get your facts straight.
This thread is a collection of cryptocurrency-related articles that illustrate reasons why the 'crypto' market is a pure speculation play, and highlight the risks involved with cryptocurrency. Please contribute articles relevant to this thread's topic.
Member Since Jan 25, 2010
1360 posts
Mar 28, 2018 at 15:27
Crypto market-cap dips below $300 billion as doom and gloom continues (27 Mar 2018)
https://www.marketwatch.com/story/crypto-market-cap-dips-below-300-billion-as-bitcoin-nears-long-term-support-2018-03-27
Attachments:
Member Since Mar 29, 2018
12 posts
Mar 29, 2018 at 11:12
Interesting chart but I would take a 26000% gain one year and a -76% fall the next any day of the week
Member Since Feb 22, 2011
4862 posts
Mar 29, 2018 at 11:53
BluePanther posted:Crypto market-cap dips below $300 billion as doom and gloom continues (27 Mar 2018)
https://www.marketwatch.com/story/crypto-market-cap-dips-below-300-billion-as-bitcoin-nears-long-term-support-2018-03-27
You are comparing the whole year of 2017 with couple of months of 2018. At the end of 2018 these number will look completely different. Hopefully better :)
Member Since Jan 25, 2010
1360 posts
Apr 01, 2018 at 04:04
Bitcoin woes (1 Apr 2018)
https://www.marketpulse.com/20180331/bitcoin-woes/
Deleveraging Bitcoin (1 Apr 2018)
https://www.marketpulse.com/20180331/deleveraging-bitcoin/
Member Since Jan 25, 2010
1360 posts
Apr 01, 2018 at 04:06
(edited Apr 01, 2018 at 04:07)
togr posted:
You are comparing the whole year of 2017 with couple of months of 2018. At the end of 2018 these number will look completely different. Hopefully better :)
True, the comparison chart only displays partial results for 2018 compared to whole year results for 2017. Early days yet for this year (things may only get worse).
Keep in mind: a loss of 50% requires a gain of 100% to recover.
Apr 11, 2018 at 06:50
togr posted:BluePanther posted:Crypto market-cap dips below $300 billion as doom and gloom continues (27 Mar 2018)
https://www.marketwatch.com/story/crypto-market-cap-dips-below-300-billion-as-bitcoin-nears-long-term-support-2018-03-27
You are comparing the whole year of 2017 with couple of months of 2018. At the end of 2018 these number will look completely different. Hopefully better :)
Maybe, it will! But, right now it’s under 7000 USD. Really frustrating.
Member Since Feb 22, 2011
4862 posts
Apr 11, 2018 at 13:43
AmDiab posted:togr posted:BluePanther posted:Crypto market-cap dips below $300 billion as doom and gloom continues (27 Mar 2018)
https://www.marketwatch.com/story/crypto-market-cap-dips-below-300-billion-as-bitcoin-nears-long-term-support-2018-03-27
You are comparing the whole year of 2017 with couple of months of 2018. At the end of 2018 these number will look completely different. Hopefully better :)
Maybe, it will! But, right now it’s under 7000 USD. Really frustrating.
Do you know in JAN 17 it was under 1,000 :)
at $880
