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Reasons why you should NOT trade cryptocurrencies
Jul 31, 2018 at 14:49
Membre depuis Feb 12, 2016
posts 507
Elanbani posted: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.
Probably he means, that 80% of users here are new registered accounts (in the last 3 months). If these new registered accounts are newbies in the forex industry as well, it will be too risky for them to trade crypto :)
Membre depuis Aug 27, 2017
posts 875
Aug 01, 2018 at 06:28
Membre depuis Aug 27, 2017
posts 875
BaldoN posted:Elanbani posted: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.
Probably he means, that 80% of users here are new registered accounts (in the last 3 months). If these new registered accounts are newbies in the forex industry as well, it will be too risky for them to trade crypto :)
Thank Baldo, yes you are right! Exactly, you got my points.
keeping patience.......
Membre depuis Aug 01, 2018
posts 11
Membre depuis Jan 25, 2010
posts 1288
Aug 03, 2018 at 07:21
Membre depuis Jan 25, 2010
posts 1288
balticrain posted:
I think crypto is still worth it for a newbie.
Worth as much as a gamble at the casino. You are 99% certain to lose your money.
Not worth the effort of opening up a wallet. Don't waste your time.
Aug 03, 2018 at 07:27
Membre depuis Jul 21, 2018
posts 11
BaldoN posted:Elanbani posted: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.
Probably he means, that 80% of users here are new registered accounts (in the last 3 months). If these new registered accounts are newbies in the forex industry as well, it will be too risky for them to trade crypto :)
Hey @Adribaasmet and @BaldoN I am a newbie on this forum but i am not new to the trading world, i think the same case might be with others also.
Membre depuis Aug 03, 2018
posts 10
Membre depuis Jan 25, 2010
posts 1288
Aug 07, 2018 at 06:16
Membre depuis Jan 25, 2010
posts 1288
Some of investors’ worst fraud concerns around ICOs backed by Penn study (Aug 6, 2018)
https://www.marketwatch.com/story/some-of-investors-worst-fraud-concerns-around-icos-backed-by-penn-study-2018-08-06?siteid=rss&rss=1
Membre depuis Jan 25, 2010
posts 1288
Aug 07, 2018 at 06:41
Membre depuis Jan 25, 2010
posts 1288
Bitcoin price falls below $7,000, nears 3-week low (Aug 6, 2018)
https://www.marketwatch.com/story/bitcoin-price-falls-below-7000-loses-10-billion-in-value-over-the-weekend-2018-08-06?siteid=rss&rss=1
Membre depuis Aug 06, 2018
posts 19
Aug 09, 2018 at 13:04
Membre depuis Feb 12, 2016
posts 507
DFisher posted:BaldoN posted:Elanbani posted: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.
Probably he means, that 80% of users here are new registered accounts (in the last 3 months). If these new registered accounts are newbies in the forex industry as well, it will be too risky for them to trade crypto :)
Hey @Adribaasmet and @BaldoN I am a newbie on this forum but i am not new to the trading world, i think the same case might be with others also.
Surely, there are many users, which are newbies here but not new in the trading sector But if someone is newbie in the both places, should be careful with which instruments he will start trading :)
Membre depuis Aug 06, 2018
posts 19
Aug 10, 2018 at 07:19
Membre depuis Aug 06, 2018
posts 19
CarlosMZ posted:NotyaBusiness posted:
I avoid trading Crypto. Did it once but yeah it just is a money sucker. ESMA kinda fixed that now anyway.
Could you elaborate please? How is ESMA helping you not lose money?
I didn't say that. What I meant was, if you lose, you lose less than before. When the market goes against you it takes a smaller bite.
The man who wants nothing is invincible.
Membre depuis Jul 27, 2018
posts 15
Aug 10, 2018 at 07:32
Membre depuis Jul 27, 2018
posts 15
Maybe @NotyaBusiness think that restriction to leverage helps not losing the money.
Membre depuis Aug 06, 2018
posts 19
Aug 10, 2018 at 10:42
Membre depuis Aug 06, 2018
posts 19
davidwatson posted:
Maybe @NotyaBusiness think that restriction to leverage helps not losing the money.
Again! I never said that it "helps not losing the money."
The man who wants nothing is invincible.
Membre depuis Aug 27, 2017
posts 875
Aug 12, 2018 at 05:50
Membre depuis Aug 27, 2017
posts 875
NotyaBusiness posted:CarlosMZ posted:NotyaBusiness posted:
I avoid trading Crypto. Did it once but yeah it just is a money sucker. ESMA kinda fixed that now anyway.
Could you elaborate please? How is ESMA helping you not lose money?
I didn't say that. What I meant was, if you lose, you lose less than before. When the market goes against you it takes a smaller bite.
Hello mate; I am really interested to know more! Can you please elaborate more with the details?
keeping patience.......
Membre depuis Jan 25, 2010
posts 1288
Aug 12, 2018 at 09:55
Membre depuis Jan 25, 2010
posts 1288
ICO Market More Than Doubled But Half Of ICOs Failed (11 Aug, 2018)
http://www.rttnews.com/story.aspx?Id=2925680
Bitcoin looks ‘very sick’ and the pain is not over, says analyst (10 Aug, 2018)
https://www.marketwatch.com/story/bitcoin-looks-very-sick-and-the-pain-is-not-over-says-analyst-2018-08-10?siteid=rss&rss=1Crypto’s technical backdrop is deteriorating (10 Aug, 2018)
https://www.marketwatch.com/story/cryptos-technical-backdrop-is-deteriorating-2018-08-09?siteid=rss&rss=1
Membre depuis Aug 06, 2018
posts 19
Aug 13, 2018 at 06:24
Membre depuis Aug 06, 2018
posts 19
Adribaasmet posted:NotyaBusiness posted:CarlosMZ posted:NotyaBusiness posted:
I avoid trading Crypto. Did it once but yeah it just is a money sucker. ESMA kinda fixed that now anyway.
Could you elaborate please? How is ESMA helping you not lose money?
I didn't say that. What I meant was, if you lose, you lose less than before. When the market goes against you it takes a smaller bite.
Hello mate; I am really interested to know more! Can you please elaborate more with the details?
I explained my point about that here: https://www.myfxbook.com/community/general/esma-its-implication/1627551,14
Feel free to read it but I made my position and done arguing it. :)
The man who wants nothing is invincible.
Membre depuis Aug 14, 2018
posts 11
Aug 21, 2018 at 06:46
Membre depuis Apr 07, 2015
posts 52
LeadPellet posted:
Thanks to ESMA, leverage on crypto is now something like 1:1 Who can afford 1 bitcoin at $8000!
The leverage on cryptos is 2:1.
They are highly volatile, so that leverage makes sense.
You don't have to buy the whole bitcoin, nor do you have to trade bitcoins... You can always trade ETH, LTC, XRP and other coins.
I don't see what the problem is?

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