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Reasons why you should NOT trade cryptocurrencies
in
Crypto
Nov 23, 2018 at 09:39
Reasons why you should NOT trade cryptocurrencies
in
Crypto
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
in
Crypto
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
in
Crypto
Nov 23, 2018 at 09:28
Correction and clarification:5 TRY = 1 USD1 BTC = 4500 USD
Reasons why you should NOT trade cryptocurrencies
in
Crypto
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
in
Crypto
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
in
Crypto
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.
Reasons why you should NOT trade cryptocurrencies
in
Crypto
Nov 22, 2018 at 11:19
Thanks. I appreciate your optimistic opinion, but your post is better-suited for the thread: https://www.myfxbook.com/community/general/trading-cryptocurrencies-bitcoinetherium-litecoin-etc/1513362,1This thread does not condone trading cryptocurrencies.
Reasons why you should NOT trade cryptocurrencies
in
Crypto
Nov 21, 2018 at 13:22
Well BTC has lost 70% since its high
Reasons why you should NOT trade cryptocurrencies
in
Crypto
Nov 21, 2018 at 13:17
Opinion: Victims of bitcoin insanity are quickly piling up (Nov 20, 2018)Ivan Martchev (Investment strategist)"Chipmaker Nvidia last week issued revenue guidance for the current quarter of $2.7 billion, falling well short of analysts’ consensus estimates of $3.4 billion. The culprit? The deflating bitcoin bubble!Some explanations for earnings and revenue warnings you just can’t make up.The global cryptocurrency mania — not only for bitcoin BTCUSD, +4.79% but similar absurdities — led to strong demand for graphics processing units (GPUs), which Nvidia is a leader i...
Reasons why you should NOT trade cryptocurrencies
in
Crypto
Nov 21, 2018 at 12:24
Please refrain from pure conjecture, or opinions without supporting evidence.This thread aims to gather evidence supporting reasons why one should NOT trade cryptocurrencies.
Reasons why you should NOT trade cryptocurrencies
in
Crypto
Nov 21, 2018 at 12:10
Did you buy in at MAR 2017? If so, you still have time. Take my advice before you get "left holding the bag".Your choice though.
Reasons why you should NOT trade cryptocurrencies
in
Crypto
Nov 21, 2018 at 12:05
And your point is?
Reasons why you should NOT trade cryptocurrencies
in
Crypto
Nov 21, 2018 at 08:14
"Left holding the bag":https://en.m.wikipedia.org/wiki/Bagholder
Reasons why you should NOT trade cryptocurrencies
in
Crypto
Nov 21, 2018 at 08:13
I never bought into the crypto hype. As they say, "if it sounds too good to be true, it ptobably is."As with any ponzi scheme (BitCoin, ICO, or HYIP) the gains are only good in the beginning - but take your money and run before you get "left holding the bag".
Reasons why you should NOT trade cryptocurrencies
in
Crypto
Nov 21, 2018 at 08:11
Time is proving these points correct.
Reasons why you should NOT trade cryptocurrencies
in
Crypto
Nov 20, 2018 at 15:24
Bitcoin extends plunge, drops another 10% (Nov 20, 2018)https://www.marketwatch.com/story/bitcoin-extends-plunge-drops-another-10-2018-11-20?siteid=rss&rss=1Why bitcoin prices are staging a fresh collapse (Nov 16, 2018)https://www.marketwatch.com/story/why-bitcoin-prices-are-staging-a-fresh-collapse-2018-11-15
12.1400019450
in
Trading Systems
Nov 19, 2018 at 07:52
Thanks! I will be releasing this strategy on Demo shortly to permit free subscription on MQL5.com.
HAMSTER TURBO
in
Trading Systems
Nov 18, 2018 at 07:41
Thank you - and just in the nick of time too!
Can forex trading make you rich ?
in
General
Nov 15, 2018 at 07:29
I disagree. I am greedy and wanted quick success - quicker success than conventional businesses or investments.Forex can make you rich much quicker because of high leverage and many opportunities.I turned $50,000 into $4.5 million in less than two months, and now I am retiring from work. It didn't have to take ten years to learn what I know now.
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