Who uses Cryptocurrency TRADER?

Nov 12, 2017 at 06:50
1,372 Views
29 Replies
Member Since Mar 12, 2018   40 posts
Jul 01, 2018 at 06:42
leo23 posted:
I have been making very bold claims about the future of cryptocurrencies and the huge possibilities and potential of the crypto markets since more than a year from now and many people have been sceptical about my views. But now I am happy to see that the general public and the forex trading community is beginning to understand and see the possibilities.

Especially, many forex brokers have not only added cryptos as deposit and withdrawal methods, but also they are adding the cryptos in their own MT4 platform for forex traders to trade which is a great opportunity for rise of cryptos though I never recommend anyone to trade crypto in margin trading in mt4, but I know people will do that in order to gain quick profits the same way they do with forex trading.

Also, many traders have been creating crypto currency threads in myfxbook now which is indicating the increasing awareness of cryptos among forex traders. I have said it in my other threads and I will repeat in this thread that within a couple of years may be around 5 to 6 years of time, the entire forex market will be overshadowed by the crypto market. In other words, the cryptocurrencies will almost replace the fiat money for day today transactions within next couple of years and it is coming faster than anyone can even imagine.


Anyone who is interested in more in depth fundamental analysis of cryptocurrencies can visit and read all the comments in my thread:
https://www.myfxbook.com/community/general/trading-cryptocurrencies-bitcoinetherium-litecoin-etc/1513362,1#?pt=2&p=14&ts=140&o=1513362

Also, for crypto price predictions there is another thread of mine:
https://www.myfxbook.com/community/general/1-btc200000-usd-by-end/1585856,1#?pt=2&p=13&ts=123&o=1585856
I totally agree with you, a lot of forex brokers now days are emerging as crypto forex brokers as trend is changing now. As Fx traders are also moving towards the cryptocurrencies trading. That is the reason this kind of brokers are gaining popularity among the traders now.
Member Since Apr 18, 2017   718 posts
Oct 21, 2018 at 06:53
charlesjr posted:

He read that TRADER, a difference of other Cryptomonedas, maintains an accepted facial value, and therefore, maintains the purchasing power of its owner.
This initiative is that the market determines the value of the TRADER currency. Today, for example, at the current rate and exchange rate, the TRADER is worth 0.00001 USD. If tomorrow the TRADER comes to quote officially at 1 USD (in the electronic trading platforms, taking the maximum price paid by the last investor that acquired them) The maximum value is kept as a face value.

Well, I think crypto is interesting! Now, I am trying to understand the crypto market! Every soon I’ll use Crypto instruments on my live trading chart.
Member Since Aug 27, 2017   994 posts
Oct 25, 2018 at 06:49
AmDiab posted:
charlesjr posted:

He read that TRADER, a difference of other Cryptomonedas, maintains an accepted facial value, and therefore, maintains the purchasing power of its owner.
This initiative is that the market determines the value of the TRADER currency. Today, for example, at the current rate and exchange rate, the TRADER is worth 0.00001 USD. If tomorrow the TRADER comes to quote officially at 1 USD (in the electronic trading platforms, taking the maximum price paid by the last investor that acquired them) The maximum value is kept as a face value.

Well, I think crypto is interesting! Now, I am trying to understand the crypto market! Every soon I’ll use Crypto instruments on my live trading chart.

Are you trying to investing in crypto or your plan is professional trading? I seem, investing is much better option here!
forex_trader_38771
Member Since Jun 10, 2011   60 posts
Oct 25, 2018 at 12:23
Member Since Oct 09, 2018   41 posts
Nov 04, 2018 at 07:39
Member Since Apr 18, 2017   718 posts
Nov 04, 2018 at 13:20
gobias posted:
https://www.theguardian.com/business/2018/mar/05/bitcoin-is-based-on-the-blockchain-pipe-dream

happy reading blockheads

Very much informative! Thanks for sharing! A must read article.
Member Since Apr 18, 2017   920 posts
Nov 11, 2018 at 08:21
I think, crypto investing is much profitable than the trading (till now).
Member Since Aug 10, 2012   63 posts
Nov 11, 2018 at 13:28
Mining Crypto is more expensive then mining Gold and much more long

So Crypto on this configuration have no future
Member Since Apr 18, 2017   920 posts
Nov 15, 2018 at 07:41
Novar posted:
Mining Crypto is more expensive then mining Gold and much more long

So Crypto on this configuration have no future

Yes, now mining is too costly and the return is not much attractive as like before! But I think, investing on BTC is much profitable than any other trading instruments.
Member Since Aug 27, 2017   994 posts
Nov 20, 2018 at 07:58
Novar posted:
Mining Crypto is more expensive then mining Gold and much more long

So Crypto on this configuration have no future

Actually, this sector is not for the retail investors! Right now, there have so many new Coins; so new sectors as well.
Topic is locked
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.