Reasons why you should NOT trade cryptocurrencies
foxmartingale
Пользователь с Jul 31, 2018
3 сообщений
Sep 03 2018 at 07:03
pmichael posted:jamesgwyther posted:
Crypto Trading is good but very very volatile!
I have won lots and lost lots with this.
Higher the volatility higher the risk but you also have opportunity to make high profits.
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.
Baldo
(BaldoN)
Пользователь с Feb 12, 2016
522 сообщений
Sep 04 2018 at 08:04
Bohdan73 posted:fastdrive55 posted:
... 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.
So, how do you solve the issue?
A third-party payment provider?
This is why too many brokers directly don't accept US clients :)
davidwatson
Пользователь с Jul 27, 2018
16 сообщений
Oct 05 2018 at 07:00
foxmartingale posted:pmichael posted:jamesgwyther posted:
Crypto Trading is good but very very volatile!
I have won lots and lost lots with this.
Higher the volatility higher the risk but you also have opportunity to make high profits.
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.
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.
vontogr
(togr)
Пользователь с Feb 22, 2011
4862 сообщений
Oct 05 2018 at 10:17
davidwatson posted:foxmartingale posted:pmichael posted:jamesgwyther posted:
Crypto Trading is good but very very volatile!
I have won lots and lost lots with this.
Higher the volatility higher the risk but you also have opportunity to make high profits.
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.
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...
Balakrishna
Пользователь с Sep 28, 2018
10 сообщений
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
niceGLer
Пользователь с Dec 28, 2013
164 сообщений
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?
estraub
Пользователь с Oct 09, 2017
23 сообщений
Oct 07 2018 at 05:58
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.
Voket EA
(voketexpert)
Пользователь с Aug 30, 2018
25 сообщений
Oct 07 2018 at 06:01
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.
vontogr
(togr)
Пользователь с Feb 22, 2011
4862 сообщений
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