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Reasons why you should NOT trade cryptocurrencies
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Kripto
Nov 29, 2018 at 14:48
Amazing. I do not know what to say.Great reason not to trade cryptocurrency?Thanks for your contribution.
EUR/USD
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Pieredzējuši treideri
Nov 29, 2018 at 13:35
"In what could be a game changer in the medium term for stock and currency markets US Federal Reserve Chairman Jerome Powell has signalled during a speech on Wednesday the US Central Bank is close to where it needs to be with interest rates. Traders immediately began to price in the expectation the Fed may not raise rates in December and are currently only pricing in two more rate hikes in the coming 12 months vs the 4 they were expecting. The US Dollar was sharply lower following Powell’s comments with the Aussie and Kiwi Dollars sharply higher against the greenback as the Asian tr...
Reasons why you should NOT trade cryptocurrencies
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Kripto
Nov 29, 2018 at 09:20
Forgive me for thinking you were saying something else.I am a literal person and interpreted you as saying: 'don't jump ship' (ie. keep HODLing)I am saying: take the profits (losses) before you get 'left holding the bag': https://en.m.wikipedia.org/wiki/Bagholder(ie. before BTC / ETH / etc. become worthless - can I say such a "profanity"?)Each trader to their own perspective.
EUR/USD
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Pieredzējuši treideri
Nov 29, 2018 at 08:42
Yep, very nice move. I missed most of it though. 😞
Reasons why you should NOT trade cryptocurrencies
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Kripto
Nov 28, 2018 at 14:35
It "seemed" you were saying something different.Glad we have come to a mutual understanding.
Reasons why you should NOT trade cryptocurrencies
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Kripto
Nov 28, 2018 at 14:34
I only see circular logic here: "BTC will recover its losses because it has done so in the past."Ever heard the disclaimer: "Past performance is no guarantee of future performance"?Or consider why martingales always fail.Markets do not follow such a creed, and BTC is no different.
Reasons why you should NOT trade cryptocurrencies
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Kripto
Nov 28, 2018 at 08:00
You contradict yourself. Optimism toward recovery is "bullish" to professional traders.
Reasons why you should NOT trade cryptocurrencies
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Kripto
Nov 28, 2018 at 07:53
Is this your point?Your post would be better suited to the following thread:https://www.myfxbook.com/community/general/trading-cryptocurrencies-bitcoinetherium-litecoin-etc/1513362,1This thread is titled "Reasons why you should NOT trade cryptocurrencies", and aims to "share important information (especially th risks) related to cryptocurrencies that all investors/traders should be made aware of prior to their foray into this [emerging] market".Thank you for your contribution.
Reasons why you should NOT trade cryptocurrencies
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Kripto
Nov 28, 2018 at 07:50
I still do not get your point.The purpose of this thread is to better understand the risks involved with cryptocurrency, and why it is NOT a sound investment choice. So if a new trader is reading your post, how does that help them?Sounds like subtle encouragement for them to buy BTC and HODL.Sounds like you own some BTC yourself and are HODLing.You need to disclose your conflict of interest.
Reasons why you should NOT trade cryptocurrencies
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Kripto
Nov 28, 2018 at 07:50
So go back to last year and buy some BTC.I live in the real world and can't time travel.
Reasons why you should NOT trade cryptocurrencies
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Kripto
Nov 27, 2018 at 08:01
https://www.myfxbook.com/files/BluePanther/mail.jpg
HAMSTER TURBO
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Tirdzniecības sistēmas
Nov 27, 2018 at 07:28
You have done very well Eleni.It has been the same for me: when you fail many people focus only on the failures, and do not see your current success.They will never succeed, because they focus on failures alone and not on the successes.
Reasons why you should NOT trade cryptocurrencies
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Kripto
Nov 25, 2018 at 07:27
I cannot tell if you are being sarcastic or serious. 😕
Reasons why you should NOT trade cryptocurrencies
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Kripto
Nov 23, 2018 at 09:39
Reasons why you should NOT trade cryptocurrencies
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Kripto
Nov 23, 2018 at 09:39
"Only smart way to trade Bitcoin was at the start..." Same as any ponzi scheme or HYIP."...with an amount you can afford to lose" Wise words: nothing is guaranteed in life except death and taxes."...same as any investment." Cyptocurrency cannot be termed an "investment" in the true sense of the word:https://www.investopedia.com/terms/i/investment.asp (refer Investments and Speculation)
Reasons why you should NOT trade cryptocurrencies
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Kripto
Nov 23, 2018 at 09:32
Your analogy is poor. You must realise:The “S&P” is an index, an aggregate of multiple independent instruments: “The Standard & Poor's 500, often abbreviated as the S&P 500, or just the S&P, is an American stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ” (https://en.m.wikipedia.org/wiki/S%26P_500_Index)BitCoin is a single individual instrument: “Bitcoin (₿) is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without ...
Reasons why you should NOT trade cryptocurrencies
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Kripto
Nov 23, 2018 at 09:28
Correction and clarification:5 TRY = 1 USD1 BTC = 4500 USD
Reasons why you should NOT trade cryptocurrencies
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Kripto
Nov 22, 2018 at 11:24
Well BTC has lost 70% since its high:https://www.myfxbook.com/files/BluePanther/Clipboard12_7D.jpg
Reasons why you should NOT trade cryptocurrencies
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Kripto
Nov 22, 2018 at 11:20
Are you looking purely at technicals? Because with any market instrument the fundamentals must support the valuation - and unless world economies fundamentally change then crypto will remain a niche with little practical value, and hence lower worth.The hype and fantasy is fading, and the underlying fundamentals are becoming conspicuously apparent.
Reasons why you should NOT trade cryptocurrencies
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Kripto
Nov 22, 2018 at 11:19
Are you looking purely at technicals? Because with any market instrument the fundamentals must support the valuation - and unless world economies fundamentally change then crypto will remain a niche with little practical value, and hence lower worth.The hype and craze is fading, and the underlying fundamentals are becoming conspicuously apparent.
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