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Reasons why you should NOT trade cryptocurrencies

iamjacobs
Jan 04 2019 at 11:08
17 posts
I used to believe in $10k per 1 bitcoin before ending of 2018, but as we can see it is $3763 for now. So sad situation ,beause there is no reason to stay investing in bitcoin and also, it looks like a dropdown before a monumentum upward in some way.

Amancio
Jan 08 2019 at 11:27
10 posts
Crypto is a very speculative market. The fact that there are such divergent views on this thread shows that no one really knows what the long term scenario is likely to be. I think that a crypto probably is worth a small investment if price falls below $3000 but I am used to risky investments and I would only risk a small amount of capital. For more mainstream investors it is probably best to look for more standard asset classes

Kel Freeman (TaloR_11)
Jan 09 2019 at 13:47
22 posts
Amancio posted:
Crypto is a very speculative market. The fact that there are such divergent views on this thread shows that no one really knows what the long term scenario is likely to be. I think that a crypto probably is worth a small investment if price falls below $3000 but I am used to risky investments and I would only risk a small amount of capital. For more mainstream investors it is probably best to look for more standard asset classes


Your way and investing approach is so clever. There is a huge risk % to invest a big amount into bitcoin market. In any way, if the BTC become up to 100k (as some of people think), it is a nice for you to have at least 0.3 btc bought by $3000 😄

David331 (David331)
Jan 10 2019 at 07:57
19 posts
Before bitcoin $20 000 and now $3500, lol😀

vontogr (togr)
Jan 10 2019 at 08:02
4862 posts
David331 posted:
Before bitcoin $20 000 and now $3500, lol😀


and before 20,000 it was 1,000

David331 (David331)
Jan 11 2019 at 06:53
19 posts
It is better to invest on Forex. Bitcoin never more will return to the price of $20 000

Donald Betcher (DonaldB)
Jan 11 2019 at 10:59
38 posts
David331 posted:
It is better to invest on Forex. Bitcoin never more will return to the price of $20 000


Forex investing is also a risky business and needs a specific rules such us diversification and money management.

NascarLover
Jan 11 2019 at 11:03
8 posts
I agree. Crypto is dead. Even forgetting the fact that the price has fallen massively there just isn't the interest there any more. Trading volumes are way down. The fad has passed and everyone is looking for the next big thing.

Adribaasmet
Jan 13 2019 at 07:42
947 posts
NascarLover posted:
I agree. Crypto is dead. Even forgetting the fact that the price has fallen massively there just isn't the interest there any more. Trading volumes are way down. The fad has passed and everyone is looking for the next big thing.


Yes, everyone is waiting for the bullish movements as like the 2017! But maybe it will take such a long time to happen.

Allan (Arcferreira)
Jan 13 2019 at 13:35
50 posts
The problem with cryptos - we don't know their real (intrinsical) value. Gold will not go to zero, because it has a real value, probably near 600/800 USD. Corn will not go to zero... currencies are the same. But no one was able to tell me the real value of a cryptocurrency.

Trade safely... Remember, a high Drawdown means a high risk!
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