Reasons why you should NOT trade cryptocurrencies

Dec 15, 2017 at 19:13
Vistas 21,047
490 Replies
Miembro desde Apr 25, 2020   posts 115
Jul 12, 2020 at 06:46
There will always be positive and negative sides to trade.
Miembro desde May 06, 2020   posts 7
Jul 13, 2020 at 10:37
The only reason I could think of is volatility. That might affect your account completely.
Miembro desde May 08, 2018   posts 10
Jul 13, 2020 at 12:06
Buy and hold crypto as a sepculativ asset with only a small investment. If it goes to zero who cares but it it x10 in price you have made some good money
Miembro desde Apr 28, 2020   posts 49
Jul 14, 2020 at 06:26
Mateusz36354 posted:
I believe that cryptocurrencies are the near future of the world economy.


I think the same, If we look at its increasing adaptability then even i feel it has a bright future.
Miembro desde Jul 23, 2020   posts 816
Sep 29, 2020 at 14:28
Mateusz36354 posted:
I believe that cryptocurrencies are the near future of the world economy.

I agree with you. cryptos are the future of the world economy as a means of payment. But I think trading crypto is another concept.
Miembro desde Sep 30, 2020   posts 19
Oct 07, 2020 at 08:19
Trading Cryptocurrencies have their own pros and cons. It is highly volatile and risky in nature. Only good for those who have extensive knowledge and experience in trading. Cryptocurrencies such as Bitcoin and Ethereum are in much demand. It depends on trader to trader that they want to trade such volatile instruments or not. It’s better to gain knowledge and experience before stepping into crypto trading.
Miembro desde Sep 30, 2020   posts 21
Oct 07, 2020 at 08:22
The industry is not regulated and the currency is not backed up by any kind of government or central bank, Even though cryptocurrencies are designed to be theft-proof, there's still a considerable risk for fraud and cyber-crime.
Miembro desde Sep 12, 2017   posts 232
Oct 07, 2020 at 09:41
cryptos are volatile. one can earn and lose all the money. this is the only reason I feel it is risky.
Miembro desde Jul 10, 2020   posts 32
Oct 16, 2020 at 12:02
It is absolutely unpredictable.
Miembro desde Oct 08, 2020   posts 17
Nov 09, 2020 at 12:16
I agree that trading cryptocurrencies is not everyone’s cup of tea. You might not always achieve what you have been longing for.
Miembro desde Oct 13, 2020   posts 27
Nov 12, 2020 at 05:56
It is difficult trading crypto and if you’re not on the right track, you might even keep losing.
Miembro desde Jan 25, 2010   posts 1288
Dec 30, 2020 at 04:46
Crypto.com to Delist, Suspend XRP in the US After SEC’s Ripple Suit
(Wed, 30 December 2020)
https://au.finance.yahoo.com/news/crypto-com-delist-suspend-xrp-200653135.html
Miembro desde Oct 26, 2020   posts 30
Jan 19, 2021 at 09:02
It is good that you decided to share this information here. Keep posting more.
Miembro desde Dec 15, 2020   posts 12
Feb 12, 2021 at 05:23
It is good that you decided to share some information here. Thanks for sharing.
Miembro desde Oct 23, 2018   posts 27
Mar 03, 2021 at 13:11
i think you should trade cryprtocurrencies, its very profitable
Miembro desde Mar 25, 2019   posts 20
Apr 08, 2021 at 10:43
just like any investment, you should be prepared to lose the whole lot. If you are buying coings then it's not an issue, but if you are buying into a scheme with unrealistic %APY then you should know better
Miembro desde Jul 23, 2020   posts 696
Apr 10, 2021 at 16:24
bax699 posted:
i think you should trade cryprtocurrencies, its very profitable

In my opinion, it is risker than any other trading market. So, trade carefully.
Miembro desde Jan 25, 2010   posts 1288
May 14, 2021 at 23:56
BITCOIN GREENWASHING: No, Bitcoin mining isn’t mostly powered by clean, renewable energy, but the cult-like self-delusion of Bitcoin apologists is itself a fascinating science experiment (MAY 14, 2021)

https://globalintelhub.com/bitcoin-greenwashing-no-bitcoin-mining-isnt-mostly-powered-by-clean-renewable-energy-but-the-cult-like-self-delusion-of-bitcoin-apologists-is-itself-a-fascinating-science-experiment/
Miembro desde Jan 25, 2010   posts 1288
May 16, 2021 at 04:23
IRS Launches Crackdown To Ensure Crypto Investors Pay Their Taxes (MAY 16, 2021)

https://globalintelhub.com/irs-launches-crackdown-to-ensure-crypto-investors-pay-their-taxes/
Miembro desde Jan 25, 2010   posts 1288
May 23, 2021 at 16:50
The Bit Short: Inside Crypto’s Doomsday Machine (MAY 23, 2021)

https://globalintelhub.com/the-bit-short-inside-cryptos-doomsday-machine/
Conectarse / Inscribirse to comment
You must be connected to Myfxbook in order to leave a comment
*El uso comercial y el spam no serán tolerados y pueden resultar en el cierre de la cuenta.
Consejo: Al publicar una imagen o una URL de YouTube, ésta se integrará automáticamente en su mensaje!
Consejo: Escriba el signo @ para completar automáticamente un nombre de usuario que participa en esta discusión.