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Reasons why you should NOT trade cryptocurrencies

CleanTrader
Feb 21 2018 at 12:36
13 posts
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

Adribaasmet
Feb 21 2018 at 14:33
931 posts
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!

DrVodka
Feb 22 2018 at 05:52
297 posts
crypto is to risky for training !!!! i use crypto is my long investment/retirement

DrVodka
Feb 22 2018 at 05:52
297 posts
TiffanyK (TiffanyK)
Feb 28 2018 at 16:08
427 posts
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

Accept the loss as experience
AmDiab
Feb 28 2018 at 16:39
718 posts
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.

viveks75
Mar 11 2018 at 15:11
1 posts
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/

johndoe2016
Mar 27 2018 at 08:20
58 posts
BaldoN (BaldoN)
Mar 27 2018 at 13:33
522 posts
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 :)

togr (togr)
Mar 27 2018 at 13:33
4862 posts
Trading crypto is like driving F1 - lot of adrenalin, lot of profit.
Trading forex is calm and stable income, but boring.

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