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Reasons why you should NOT trade cryptocurrencies

Matt (BluePanther)
Apr 18 2018 at 00:43
1354 posts
Matt (BluePanther)
Apr 27 2018 at 09:02
1354 posts
Matt (BluePanther)
Apr 27 2018 at 16:39
1354 posts
niceGLer
Apr 27 2018 at 19:22
167 posts
I thought trading bitcoin would be a nice plan for a weekend while forex exchanges are closed. It proved wrong for a couple of reasons. Cryptocurrencies are very volatile in all time frames, and they are very unpredictable, too. The spread is unbearably high with my broker, which prevents scalping. One simply cannot use technical indicators with at least BTCUSD.

Hzardous
Apr 28 2018 at 22:09
19 posts
That's why you should NOT 'DAY' trade crypto currencies, unless you know what you are doing

Never Miss an Opportunity
Matt (BluePanther)
Apr 29 2018 at 08:51
1354 posts
Hzardous posted:
That's why you should NOT 'DAY' trade crypto currencies, unless you know what you are doing


Are you insinuating HODL is any better? Good luck with that sir. 😁

Hzardous
Apr 29 2018 at 13:04
19 posts
My friend... Trend will always be my friend

Never Miss an Opportunity
Adribaasmet
Apr 30 2018 at 06:13
947 posts
Hzardous posted:
That's why you should NOT 'DAY' trade crypto currencies, unless you know what you are doing


Crypto currency is much challenging, I see so many traders already lost a huge amount of money in 2018, because they expected such a bullish move here as like 2017.

Matt (BluePanther)
May 15 2018 at 18:47
1354 posts
balut
May 16 2018 at 01:39
2 posts
BluePanther posted:
 
Cryptocurrencies will be banned on a global scale (16 May 2018)
https://secure.caseyresearch.com/chain?cid=MKT355976&eid=MKT359555&encryptedSnaid=&snaid=&step=start


I'm not sure about banning but maybe they can regulate it because the cryptocurrency is also useful in some areas like anonymity. I know that Google will ban all cryptocurrency advertisement in July 2018 which is good to elimiate those ponzi scheme advertisement link to Bitcoin. I still believe that cryptocurrency specially Bitcoin that it's a great e-currency but worst as an investment.

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