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Reasons why you should NOT trade cryptocurrencies
Membre depuis May 23, 2018
posts 13
Aug 22, 2018 at 06:51
Membre depuis May 23, 2018
posts 13
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...
Membre depuis Jun 27, 2014
posts 103
Aug 22, 2018 at 08:51
Membre depuis Jun 27, 2014
posts 103
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.
Membre depuis Aug 14, 2018
posts 11
Aug 23, 2018 at 06:52
Membre depuis Oct 21, 2016
posts 51
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!
Membre depuis Feb 22, 2011
posts 4862
Aug 23, 2018 at 10:55
Membre depuis Feb 22, 2011
posts 4862
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
Sep 04, 2018 at 08:04
Membre depuis Feb 12, 2016
posts 522
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?
Membre depuis Sep 28, 2018
posts 10
Oct 05, 2018 at 10:19
Membre depuis Dec 28, 2013
posts 171
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?
Membre depuis Aug 30, 2018
posts 25
Oct 07, 2018 at 06:01
Membre depuis Aug 30, 2018
posts 25
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.
Membre depuis Feb 22, 2011
posts 4862
Oct 07, 2018 at 06:03
Membre depuis Feb 22, 2011
posts 4862
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
Membre depuis Sep 01, 2018
posts 18
Oct 07, 2018 at 06:26
Membre depuis Apr 18, 2017
posts 718
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.
Membre depuis Sep 12, 2015
posts 1948
Oct 08, 2018 at 13:03
Membre depuis Sep 12, 2015
posts 1948
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".
Membre depuis Jan 25, 2010
posts 1360
Oct 09, 2018 at 10:04
Membre depuis Jan 25, 2010
posts 1360
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! 😎
Membre depuis Oct 09, 2018
posts 41
Membre depuis Feb 22, 2011
posts 4862
Oct 10, 2018 at 10:01
Membre depuis Feb 22, 2011
posts 4862
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/
Membre depuis Sep 12, 2015
posts 1948
Oct 10, 2018 at 11:28
Membre depuis Sep 12, 2015
posts 1948
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".
Membre depuis May 23, 2018
posts 13
Oct 10, 2018 at 13:37
Membre depuis May 23, 2018
posts 13
togr posted:On top of that: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/
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.
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