kacper5
Členem od Aug 18, 2018
10 příspěvků
Aug 22 2018 at 05:23
LeadPellet posted:Still there are some brokers who are offering leverage up to 5X on cryptos.
Thanks to ESMA, leverage on crypto is now something like 1:1 Who can afford 1 bitcoin at $8000!
Pipperidge
Členem od May 23, 2018
13 příspěvků
Aug 22 2018 at 06:51
kacper5 posted:Those are either not located in the EU, or they are unregulated.LeadPellet posted:Still there are some brokers who are offering leverage up to 5X on cryptos.
Thanks to ESMA, leverage on crypto is now something like 1:1 Who can afford 1 bitcoin at $8000!
I wouldn't trust an unregulated broker, or one regulated on some vacation island like Vanuatu, St Vincent and the Grenadines...
Andy Zatt
(fastdrive55)
Členem od Jun 27, 2014
103 příspěvků
Aug 22 2018 at 08:51
The regulated ones on 'vacation islands' I am using for a long time on Forex. Never had an issue - BUT wiring money to US bank accounts doesn't work. US banks will not accept the funds and send them back. True for TD America and Bank of America.
You haven't been around lately.
LeadPellet
Členem od Aug 14, 2018
11 příspěvků
Aug 23 2018 at 06:19
Brokers on 'vacation islands' are probably fine 90% of the time but the problem is if something goes wrong and they go bankrupt or there is a black swan event. Then you are screwed
Karel
(Bohdan73)
Členem od Oct 21, 2016
51 příspěvků
Aug 23 2018 at 06:52
fastdrive55 posted:So, how do you solve the issue?
... wiring money to US bank accounts doesn't work. US banks will not accept the funds and send them back. True for TD America and Bank of America.
A third-party payment provider?
Trade with determination!
vontogr
(togr)
Členem od Feb 22, 2011
4862 příspěvků
Aug 23 2018 at 10:55
fastdrive55 posted:USA regulation sucks
The regulated ones on 'vacation islands' I am using for a long time on Forex. Never had an issue - BUT wiring money to US bank accounts doesn't work. US banks will not accept the funds and send them back. True for TD America and Bank of America.
European is getting closer
jamesgwyther
Členem od Aug 05, 2017
289 příspěvků
Aug 24 2018 at 06:11
kacper5 posted:LeadPellet posted:Still there are some brokers who are offering leverage up to 5X on cryptos.
Thanks to ESMA, leverage on crypto is now something like 1:1 Who can afford 1 bitcoin at $8000!
You can get 100/1 leverage at Hugosway on Crypto.
jamesgwyther
Členem od Aug 05, 2017
289 příspěvků
Aug 24 2018 at 06:11
Crypto Trading is good but very very volatile!
I have won lots and lost lots with this.
I have won lots and lost lots with this.
estraub
Členem od Oct 09, 2017
23 příspěvků
Sep 02 2018 at 06:40
jamesgwyther posted:Where are they regulated?kacper5 posted:LeadPellet posted:Still there are some brokers who are offering leverage up to 5X on cryptos.
Thanks to ESMA, leverage on crypto is now something like 1:1 Who can afford 1 bitcoin at $8000!
You can get 100/1 leverage at Hugosway on Crypto.
pmichael
Členem od Aug 22, 2018
10 příspěvků
Sep 02 2018 at 07:10
jamesgwyther posted:Higher the volatility higher the risk but you also have opportunity to make high profits.
Crypto Trading is good but very very volatile!
I have won lots and lost lots with this.
foxmartingale
Členem od Jul 31, 2018
3 příspěvků
Sep 03 2018 at 07:03
pmichael posted:If you know what you're getting into and can manage your risk wisely then you can handle crypto trading and that too profitably. Most of the times traders lose their money (be it forex, cryptos, stocks) because of their lack of knowledge and an abundance of overconfidence.jamesgwyther posted:Higher the volatility higher the risk but you also have opportunity to make high profits.
Crypto Trading is good but very very volatile!
I have won lots and lost lots with this.
Baldo
(BaldoN)
Členem od Feb 12, 2016
522 příspěvků
Sep 04 2018 at 08:04
Bohdan73 posted:This is why too many brokers directly don't accept US clients :)fastdrive55 posted:So, how do you solve the issue?
... wiring money to US bank accounts doesn't work. US banks will not accept the funds and send them back. True for TD America and Bank of America.
A third-party payment provider?
davidwatson
Členem od Jul 27, 2018
16 příspěvků
Oct 05 2018 at 07:00
foxmartingale posted:pmichael posted:If you know what you're getting into and can manage your risk wisely then you can handle crypto trading and that too profitably. Most of the times traders lose their money (be it forex, cryptos, stocks) because of their lack of knowledge and an abundance of overconfidence.jamesgwyther posted:Higher the volatility higher the risk but you also have opportunity to make high profits.
Crypto Trading is good but very very volatile!
I have won lots and lost lots with this.
Agree with you completely, it's highly important to set the right management and attitude towards crypto, as small mistake can slap the account painfully. hard to recover back.
vontogr
(togr)
Členem od Feb 22, 2011
4862 příspěvků
Oct 05 2018 at 10:17
davidwatson posted:foxmartingale posted:pmichael posted:If you know what you're getting into and can manage your risk wisely then you can handle crypto trading and that too profitably. Most of the times traders lose their money (be it forex, cryptos, stocks) because of their lack of knowledge and an abundance of overconfidence.jamesgwyther posted:Higher the volatility higher the risk but you also have opportunity to make high profits.
Crypto Trading is good but very very volatile!
I have won lots and lost lots with this.
Agree with you completely, it's highly important to set the right management and attitude towards crypto, as small mistake can slap the account painfully. hard to recover back.
It is very human nature to TRY to become rich fast and without effort...
Balakrishna
Členem od Sep 28, 2018
10 příspěvků
Oct 05 2018 at 10:18
Crypto prioce has been sideways for months now. It this a time to stay our or a good time to buy at a lower price? I like the idea of getting into crypto but not sure if now is right
niceGLer
Členem od Dec 28, 2013
171 příspěvků
Oct 05 2018 at 10:19
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?
estraub
Členem od Oct 09, 2017
23 příspěvků
Oct 07 2018 at 05:58
IMHO, it's just a matter of time until it breaks out in one of the two possible directions... It's been in that triangle for quite some time.
We'll just have to wait and see.
We'll just have to wait and see.
Voket EA
(voketexpert)
Členem od Aug 30, 2018
25 příspěvků
Oct 07 2018 at 06:01
Crypto currency implementation still needs government scrutiny. Crypto currency needs legal further language for the world of economic. as we can see, not many economic conductors use CC so the price still drop and go up, very very fragile.
The true meaning of CC world for the time being is the blockchain technology. We need to implement this technology soon.
The true meaning of CC world for the time being is the blockchain technology. We need to implement this technology soon.
Pips are absolute aphrodisiac, so trade with your brain not your lust. Forex will always be the same.
vontogr
(togr)
Členem od Feb 22, 2011
4862 příspěvků
Oct 07 2018 at 06:03
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?
The crucial is $6,000 level. If it drops below that line then BTC is dead.
Why?
As the cost to mine 1 BTC is about $6,000