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Reasons why you should NOT trade cryptocurrencies

CarlosMZ (CarlosMZ)
Aug 09 2018 at 13:54
55个发言
NotyaBusiness posted:
I avoid trading Crypto. Did it once but yeah it just is a money sucker. ESMA kinda fixed that now anyway.

Could you elaborate please? How is ESMA helping you not lose money?

NotyaBusiness
Aug 10 2018 at 07:19
19个发言
CarlosMZ posted:
NotyaBusiness posted:
I avoid trading Crypto. Did it once but yeah it just is a money sucker. ESMA kinda fixed that now anyway.

Could you elaborate please? How is ESMA helping you not lose money?


I didn't say that. What I meant was, if you lose, you lose less than before. When the market goes against you it takes a smaller bite.

The man who wants nothing is invincible.
davidwatson
Aug 10 2018 at 07:32
16个发言
Maybe @NotyaBusiness think that restriction to leverage helps not losing the money.

NotyaBusiness
Aug 10 2018 at 10:42
19个发言
davidwatson posted:
Maybe @NotyaBusiness think that restriction to leverage helps not losing the money.


Again! I never said that it 'helps not losing the money.'

The man who wants nothing is invincible.
Adribaasmet
Aug 12 2018 at 05:50
922个发言
NotyaBusiness posted:
CarlosMZ posted:
NotyaBusiness posted:
I avoid trading Crypto. Did it once but yeah it just is a money sucker. ESMA kinda fixed that now anyway.

Could you elaborate please? How is ESMA helping you not lose money?


I didn't say that. What I meant was, if you lose, you lose less than before. When the market goes against you it takes a smaller bite.


Hello mate; I am really interested to know more! Can you please elaborate more with the details?

BluePanther (BluePanther)
Aug 12 2018 at 09:55
1344个发言
ICO Market More Than Doubled But Half Of ICOs Failed (11 Aug, 2018)
https://www.rttnews.com/story.aspx?Id=2925680


Bitcoin looks ‘very sick’ and the pain is not over, says analyst (10 Aug, 2018)
https://www.marketwatch.com/story/bitcoin-looks-very-sick-and-the-pain-is-not-over-says-analyst-2018-08-10?siteid=rss&rss=1

Crypto’s technical backdrop is deteriorating (10 Aug, 2018)
https://www.marketwatch.com/story/cryptos-technical-backdrop-is-deteriorating-2018-08-09?siteid=rss&rss=1

NotyaBusiness
Aug 13 2018 at 06:24
19个发言
Adribaasmet posted:
NotyaBusiness posted:
CarlosMZ posted:
NotyaBusiness posted:
I avoid trading Crypto. Did it once but yeah it just is a money sucker. ESMA kinda fixed that now anyway.

Could you elaborate please? How is ESMA helping you not lose money?


I didn't say that. What I meant was, if you lose, you lose less than before. When the market goes against you it takes a smaller bite.


Hello mate; I am really interested to know more! Can you please elaborate more with the details?


I explained my point about that here: https://www.myfxbook.com/community/general/esma-its-implication/1627551,14

Feel free to read it but I made my position and done arguing it. :)

The man who wants nothing is invincible.
LeadPellet
Aug 14 2018 at 10:41
11个发言
Thanks to ESMA, leverage on crypto is now something like 1:1 Who can afford 1 bitcoin at $8000!

TeoJonas
Aug 20 2018 at 13:34
6个发言
LeadPellet posted:
Thanks to ESMA, leverage on crypto is now something like 1:1 Who can afford 1 bitcoin at $8000!

you can go with the brokers who don't fall under the arena of ESMA, if you want to enjoy leverage.

CarlosMZ (CarlosMZ)
Aug 21 2018 at 06:46
55个发言
LeadPellet posted:
Thanks to ESMA, leverage on crypto is now something like 1:1 Who can afford 1 bitcoin at $8000!

The leverage on cryptos is 2:1.
They are highly volatile, so that leverage makes sense.
You don't have to buy the whole bitcoin, nor do you have to trade bitcoins... You can always trade ETH, LTC, XRP and other coins.
I don't see what the problem is?

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