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Can forex trading make you rich ?
v
Obecné
Dec 05, 2018 at 11:19
Thank you for your support.Anyone can succeed:- Use higher timeframes (4H, Daily, Weekly, Monthly);- Catch the market at long-term S/R levels;- Use Fibonacci as a guide;- Only trade when market is moving in Swap-positive direction (earn Swaps);- Hold positions for days, weeks, or longer (less trading is more profit);- HAVE PATIENCE!
Reasons why you should NOT trade cryptocurrencies
v
Krypto
Dec 04, 2018 at 13:39
Settlements should award $0 damages to those that that got scammed.The risks are CONSPICUOUSLY obvious to any sensible investor.
Reasons why you should NOT trade cryptocurrencies
v
Krypto
Dec 04, 2018 at 12:31
Reasons why you should NOT trade cryptocurrencies
v
Krypto
Dec 03, 2018 at 13:22
@jayjoh:1. The entire market has dropped more than 80%:https://www.cnbc.com/2018/11/23/cryptocurrencies-have-shed-almost-700-billion-since-january-peak.html2. 80% of new ICOs fail:https://www.investopedia.com/news/80-icos-are-scams-report/
Reasons why you should NOT trade cryptocurrencies
v
Krypto
Dec 03, 2018 at 07:33
What are you waiting for? Just buy it already!
Reasons why you should NOT trade cryptocurrencies
v
Krypto
Dec 03, 2018 at 07:32
Forex is profitable ?
v
Obecné
Dec 02, 2018 at 07:53
10% of $1000 = $100 (not $10)
Reasons why you should NOT trade cryptocurrencies
v
Krypto
Dec 02, 2018 at 07:29
The wild fluctuations in value is not a desirable characteristic of a ubiquitous stable method of exchange.The historical performance is more akin to "pump-and-dumps" and/or ponzi schemes.
Reasons why you should NOT trade cryptocurrencies
v
Krypto
Nov 29, 2018 at 14:49
The same with penny-stocks: so many they must all have a good future.You had better invest in all of them.A wise investment decision.
Reasons why you should NOT trade cryptocurrencies
v
Krypto
Nov 29, 2018 at 14:49
Yeah, completely understand.What goes up must come down... eventually.Thanks!
Reasons why you should NOT trade cryptocurrencies
v
Krypto
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
v
Skúsení obchodníci
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
v
Krypto
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
v
Skúsení obchodníci
Nov 29, 2018 at 08:42
Yep, very nice move. I missed most of it though. 😞
Reasons why you should NOT trade cryptocurrencies
v
Krypto
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
v
Krypto
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
v
Krypto
Nov 28, 2018 at 08:00
You contradict yourself. Optimism toward recovery is "bullish" to professional traders.
Reasons why you should NOT trade cryptocurrencies
v
Krypto
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
v
Krypto
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
v
Krypto
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.
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