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