Reasons why you should NOT trade cryptocurrencies
Member Since Jan 25, 2010
1360 posts
Apr 18, 2018 at 00:43
Bitcoin whales dump $100 million of digital currency in 24 hours (17 April, 2018)
https://www.marketwatch.com/story/bitcoin-whales-dump-100-million-of-digital-currency-in-24-hours-2018-04-17
Opinion: This is all it would take for bitcoin to become a worthless cryptocurrency (12 April, 2018)
https://www.marketwatch.com/story/this-is-all-it-would-take-for-bitcoin-to-become-a-worthless-cryptocurrency-2018-04-12
Can blockchain technology live up to the hype? Barclays analysts say no (16 April, 2018)
https://www.marketwatch.com/story/can-blockchain-technology-live-up-to-the-hype-barclays-analysts-say-no-2018-04-16
The Blockchain Pipe Dream (5 Mar, 2018)
https://www.project-syndicate.org/commentary/blockchain-technology-limited-applications-by-nouriel-roubini-and-preston-byrne-2018-03
Member Since Jan 25, 2010
1360 posts
Apr 27, 2018 at 09:02
Cash (April 26, 2018)
https://qz.com/email/quartz-obsession/1260498/
‘OK, I’ll say it: bitcoin is a scam,’ says the former CEO of PayPal and Intuit (April 25, 2018)
https://www.marketwatch.com/story/this-is-the-greatest-scam-ever-according-to-former-ceo-of-both-paypal-and-intuit-2018-04-24
Member Since Jan 25, 2010
1360 posts
Apr 27, 2018 at 16:39
India Bans Bitcoin Wallets, Bank Funding, All Cryptocurrency Services (April 5, 2018)
https://protradingresearch.com/2018/04/05/india-bans-bitcoin-wallets-bank-funding-all-cryptocurrency-services/
Apr 27, 2018 at 19:22
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.
Member Since Jan 25, 2010
1360 posts
Apr 29, 2018 at 08:51
(edited Apr 29, 2018 at 08:53)
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. 😁
Member Since Aug 27, 2017
994 posts
Apr 30, 2018 at 06:13
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.
Member Since Jan 25, 2010
1360 posts
May 15, 2018 at 18:47
(edited May 15, 2018 at 18:47)
Cryptocurrencies will be banned on a global scale (16 May 2018)
https://secure.caseyresearch.com/chain?cid=MKT355976&eid=MKT359555&encryptedSnaid=&snaid=&step=start
May 16, 2018 at 01:39
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.
Member Since Jan 25, 2010
1360 posts
May 17, 2018 at 19:57
(edited May 17, 2018 at 19:58)
'Raymond Merriman, president of Arizona-based Merriman Market Analyst — which bases market timing services for independent traders on astrological and other factors — said he expects bitcoin BTCUSD, -1.45% to fall to a new low before March 6, 2019, because Uranus will bounce back into Aries later this year before moving fully into Taurus on March 6. He told his clients they should not buy bitcoin unless it drops below 77% of its high of nearly $20,000 in December 2017. Bitcoin was worth $8,200 when this story was published, but Merriman expects it to drop to between $4,400 and $1,300 based astrology alone.'
People are buying bitcoin — because their horoscope said so (17 May 2018)
https://www.marketwatch.com/story/people-are-buying-bitcoin-because-their-horoscope-said-so-2018-05-17
Member Since Jan 25, 2010
1360 posts
May 17, 2018 at 20:39
balut posted: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.
You were saying?...
European Union Approves Regulation To Combat Cryptocurrency Anonymity (17 May 2018)
https://www.ethnews.com/european-union-moves-against-cryptocurrency-anonymity
FEDS EYEING REGULATIONS TO HIT ANONYMITY OF CRYPTOCURRENCY (17 May 2018)
https://bitcoinist.com/feds-eyeing-regulations-to-hit-anonymity-of-cryptocurrency/
Member Since Jan 25, 2010
1360 posts
May 17, 2018 at 21:47
Bitcoin may fall below $8,000 as crypto confab fails to stoke buying, analyst says (17 May 2018)
https://www.marketwatch.com/story/bitcoin-may-fall-below-8000-as-crypto-confab-fails-to-stoke-buying-analyst-says-2018-05-17
Member Since Jan 25, 2010
1360 posts
May 23, 2018 at 00:29
(edited May 23, 2018 at 00:29)
AI and BitCoin...
Is this true? Is BitCoin a good thing or a bad thing?
Is this true? Is BitCoin a good thing or a bad thing?
Member Since Jan 25, 2010
1360 posts
Jun 19, 2018 at 07:29
Bitcoin may fall victim to its own popularity, BIS says (18 Jun, 2018)
https://www.forexcrunch.com/bitcoin-may-fall-victim-to-its-own-popularity-bis-says/
Member Since Mar 26, 2018
31 posts
Jun 21, 2018 at 10:53
Mistakes to Avoid Trade Cryptocurrencies
- Failing to keep up with information
- Investing everything at once
- Investing without an exit strategy
- Getting carried away by coin publicity
- Don’t put all of your eggs in one basket
- Start trading on Small money
- Failing to keep up with information
- Investing everything at once
- Investing without an exit strategy
- Getting carried away by coin publicity
- Don’t put all of your eggs in one basket
- Start trading on Small money
Member Since Jan 25, 2010
1360 posts
Jun 22, 2018 at 10:17
StanfordB posted:
What do you mean by 'Start trading on Small money '. I like all the other points though
I suppose invest according to your risk appetite: more investment = more risk.
@JamesAnderson Thank you for contributing.
Member Since Jan 25, 2010
1360 posts
Jun 24, 2018 at 21:28
Crypto-Collapse Resumes After Japan's Largest Exchange Halts Account Creation (23 June 2018)
https://protradingresearch.com/2018/06/22/crypto-collapse-resumes-after-japans-largest-exchange-halts-account-creation/
Cryptos tumble after Japanese exchanges ordered to improve practices (22 June 2018)
https://www.marketwatch.com/story/cryptos-tumble-on-news-japanese-exchanges-ordered-to-improve-practices-2018-06-22
Member Since Aug 27, 2017
994 posts
Jun 25, 2018 at 06:12
StanfordB posted:
What do you mean by 'Start trading on Small money '. I like all the other points though
May be, start the live trading with a ordinary trading balance since almost 98% new traders lose their 1st account.
