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Reasons why you should NOT trade cryptocurrencies

BaldoN (BaldoN)
Jul 11 2018 at 15:01
522 posts
The cryptocurrencies are high-risk trading instruments. This is why the spreads usually are very wide and the margin is too high. Not in my style :)

ChristianWay
Jul 12 2018 at 09:56
12 posts
Crypto is more of an investment product than a trading product. I treat it like gold or oil

BluePanther (BluePanther)
Jul 13 2018 at 07:42
1353 posts
ChristianWay posted:
Crypto is more of an investment product than a trading product. I treat it like gold or oil


Crypto is more of a scam than an investment product. I treat it like HYIPs or binary options.

niceGLer
Jul 15 2018 at 04:57
165 posts
The most useful way for cryptocurrencies would have been its use as an alternative payment method for those concerned with the privacy issues. But now since its value is fluctuating so heavily it is not good even for that. No question about owning it.

BluePanther (BluePanther)
Jul 15 2018 at 08:10
1353 posts
ChristianWay posted:
Crypto is more of an investment product than a trading product. I treat it like gold or oil


Crypto is more of a scam than an investment product. I treat it like HYIPs or Binary Options.

This is the second time I am posting this. Someone deleted my first post (seems they didn't like my analogy of crypto).

Adribaasmet
Jul 16 2018 at 05:46
947 posts
BluePanther posted:
ChristianWay posted:
Crypto is more of an investment product than a trading product. I treat it like gold or oil


Crypto is more of a scam than an investment product. I treat it like HYIPs or Binary Options.

This is the second time I am posting this. Someone deleted my first post (seems they didn't like my analogy of crypto).


Maybe you are right; but I see day by day the popularity of crypto has been increasing gradually whole over the world.

BluePanther (BluePanther)
Jul 16 2018 at 07:20
1353 posts
Adribaasmet posted:
Maybe you are right; but I see day by day the popularity of crypto has been increasing gradually whole over the world.


'Whatever the reason, they’ve now become the latest in a reverse 2014 trend where global companies that begun accepting bitcoin for payment now drop the digital currency.'

https://www.trustnodes.com/2018/06/27/expedia-stops-accepting-bitcoin-payments

Elanbani
Jul 16 2018 at 11:44
19 posts
Adribaasmet posted:
BluePanther posted:
ChristianWay posted:
Crypto is more of an investment product than a trading product. I treat it like gold or oil


Crypto is more of a scam than an investment product. I treat it like HYIPs or Binary Options.

This is the second time I am posting this. Someone deleted my first post (seems they didn't like my analogy of crypto).


Maybe you are right; but I see day by day the popularity of crypto has been increasing gradually whole over the world.

You are right cryptocurrencies are gaining popularity day by day, Forex traders are showing more interest in crypto trading. That is the reason why the topic is being discussed here.

Adribaasmet
Jul 17 2018 at 10:57
947 posts
I see, there have so many account’s link in there, but the problem is; more than 80% account are too young; even less than 3 months.

Elanbani
Jul 18 2018 at 07:07
19 posts
Adribaasmet posted:
I see, there have so many account’s link in there, but the problem is; more than 80% account are too young; even less than 3 months.

I didn't get your point why you are saying that 80% accounts are young, I mean what you actually want to say.

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