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!
Aug 22 2018 at 06:51
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...
Aug 22 2018 at 08:51
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.
Aug 23 2018 at 06:19
Brokers on 'vacation islands' are probably fine 90% of the time but the problem is if something goes wrong and they go bankrupt or there is a black swan event. Then you are screwed
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!
Aug 23 2018 at 10:55
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
Aug 24 2018 at 06:11
kacper5 posted: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!
You can get 100/1 leverage at Hugosway on Crypto.
Aug 24 2018 at 06:11
Crypto Trading is good but very very volatile!
I have won lots and lost lots with this.
I have won lots and lost lots with this.
jamesgwyther posted:Where are they regulated?kacper5 posted: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!
You can get 100/1 leverage at Hugosway on Crypto.
jamesgwyther posted:Higher the volatility higher the risk but you also have opportunity to make high profits.
Crypto Trading is good but very very volatile!
I have won lots and lost lots with this.
Sep 03 2018 at 07:03
pmichael posted:If you know what you're getting into and can manage your risk wisely then you can handle crypto trading and that too profitably. Most of the times traders lose their money (be it forex, cryptos, stocks) because of their lack of knowledge and an abundance of overconfidence.jamesgwyther posted:Higher the volatility higher the risk but you also have opportunity to make high profits.
Crypto Trading is good but very very volatile!
I have won lots and lost lots with this.
Sep 04 2018 at 08:04
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?
Oct 05 2018 at 07:00
foxmartingale posted:pmichael posted:If you know what you're getting into and can manage your risk wisely then you can handle crypto trading and that too profitably. Most of the times traders lose their money (be it forex, cryptos, stocks) because of their lack of knowledge and an abundance of overconfidence.jamesgwyther posted:Higher the volatility higher the risk but you also have opportunity to make high profits.
Crypto Trading is good but very very volatile!
I have won lots and lost lots with this.
Agree with you completely, it's highly important to set the right management and attitude towards crypto, as small mistake can slap the account painfully. hard to recover back.
Oct 05 2018 at 10:17
davidwatson posted:foxmartingale posted:pmichael posted:If you know what you're getting into and can manage your risk wisely then you can handle crypto trading and that too profitably. Most of the times traders lose their money (be it forex, cryptos, stocks) because of their lack of knowledge and an abundance of overconfidence.jamesgwyther posted:Higher the volatility higher the risk but you also have opportunity to make high profits.
Crypto Trading is good but very very volatile!
I have won lots and lost lots with this.
Agree with you completely, it's highly important to set the right management and attitude towards crypto, as small mistake can slap the account painfully. hard to recover back.
It is very human nature to TRY to become rich fast and without effort...
Oct 05 2018 at 10:18
Crypto prioce has been sideways for months now. It this a time to stay our or a good time to buy at a lower price? I like the idea of getting into crypto but not sure if now is right
Oct 05 2018 at 10:19
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?
IMHO, it's just a matter of time until it breaks out in one of the two possible directions... It's been in that triangle for quite some time.
We'll just have to wait and see.
We'll just have to wait and see.
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.
Oct 07 2018 at 06:03
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
Oct 07 2018 at 06:08
Bitcoin like trading a pump and dump penny stock after it was pump and dumped.
If you want the currency we got the advantage.
