To use chat, please login.
Back to contacts

Reasons why you should NOT trade cryptocurrencies

Edith1995
Oct 07 2018 at 06:21
10 posts
I have been looking for this... thanks for sharing. But to be honest cryptos carry a greater risk

AmDiab
Oct 07 2018 at 06:26
718 posts
niceGLer posted:
If you look at the daily chart of BTCUSD one can see that it is almost dead by now. No significant movements to any direction. In engineering language one can describe it as an exponential overshoot curve followed by attenuated oscillations (ringing). I wonder if this is a permanent situation?


That doesn’t mean, BTCUSD is over! Mate, the value of crypto market is really incredible! Maybe very soon, we’ll see such an outstanding move like 2017 for sure.

jamesgwyther
Oct 08 2018 at 12:23
289 posts
I trade Crypto. I enjoy it.

snapdragon1970 (snapdragon1970)
Oct 08 2018 at 13:03
1944 posts
Weekly chart don't look good for BTC ,I'll sit on the side line till it breaks much lower.

"They mistook leverage with genius".
BluePanther (BluePanther)
Oct 09 2018 at 10:04
1354 posts
snapdragon1970 posted:
Weekly chart don't look good for BTC ,I'll sit on the side line till it breaks much lower.


SELL BTC!!! It will only go down! 😎

yellowman94
Oct 10 2018 at 08:08
41 posts
Thinking about risks related to crypto’s for a while now. Thanks for sharing, this was a great help.

togr (togr)
Oct 10 2018 at 10:01
4862 posts
BluePanther posted:
snapdragon1970 posted:
Weekly chart don't look good for BTC ,I'll sit on the side line till it breaks much lower.


SELL BTC!!! It will only go down! 😎


The expectations are quite opposite.
https://cryptodaily.co.uk/2018/08/why-bitcoin-btc-might-still-hit-60000-by-july-2019/

snapdragon1970 (snapdragon1970)
Oct 10 2018 at 11:28
1944 posts
There will be opportunities in both directions ,I never rule out that possibility,charts can tell a lot but it only takes some positive data/news to flip direction.

"They mistook leverage with genius".
Pipperidge
Oct 10 2018 at 13:37
13 posts
togr posted:
BluePanther posted:
snapdragon1970 posted:
Weekly chart don't look good for BTC ,I'll sit on the side line till it breaks much lower.


SELL BTC!!! It will only go down! 😎


The expectations are quite opposite.
https://cryptodaily.co.uk/2018/08/why-bitcoin-btc-might-still-hit-60000-by-july-2019/

On top of that:
https://www.ccn.com/breaking-worlds-biggest-stock-exchange-operator-is-launching-a-bitcoin-market/
https://finance.yahoo.com/news/yale-university-invested-two-cryptocurrency-122602108.html

Bitcoin and cryptos are here to stay. Where the prices will go - we'll have to wait and see. But the way I see it in the longterm - it will only go up.

jamesgwyther
Oct 10 2018 at 18:16
289 posts
snapdragon1970 posted:
There will be opportunities in both directions ,I never rule out that possibility,charts can tell a lot but it only takes some positive data/news to flip direction.


WHy I trade it up and down :)

Please login to comment .