Bitcoin Forum

Economy => Trading Discussion => Topic started by: Tamis on July 30, 2013, 09:08:12 AM



Title: Anyone to help trading BTC on plus500 ?
Post by: Tamis on July 30, 2013, 09:08:12 AM
They just added BTC to their list and I want to use this platform (the leverage seems interesting even if dangerous) but would love detailed explanations on how to use it.


Title: Re: Anyone to help trading BTC on plus500 ?
Post by: joesmoe2012 on July 30, 2013, 09:11:39 AM
Removed.


Title: Re: Anyone to help trading BTC on plus500 ?
Post by: Tamis on July 30, 2013, 09:25:45 AM
Not sure, but it they seem to promote themselves alot in this forum. I'd test it out first with small amounts.

Also note that your not buying/selling physical coins, but some form of a future.

I understood the fact that I would'nt be buying physical coins. I will definitely test with small amounts (if I decide to test at all) but even then the leverage (and various fees) can hurt the wallet badly if not well understood, this is why i'm asking for some help and explanations.


Title: Re: Anyone to help trading BTC on plus500 ?
Post by: Hfleer on July 30, 2013, 12:23:16 PM
They just added BTC to their list and I want to use this platform (the leverage seems interesting even if dangerous) but would love detailed explanations on how to use it.

Dunno I wasn't able to make an account there.  Looks like it would be pretty straight-forward though.


Title: Re: Anyone to help trading BTC on plus500 ?
Post by: Hfleer on July 30, 2013, 12:25:36 PM
Not sure, but it they seem to promote themselves alot in this forum. I'd test it out first with small amounts.

Also note that your not buying/selling physical coins, but some form of a future.

Yea, it's a CFD it says.  Did they promote here?  I thought I saw some ads here but don't remember.


Title: Re: Anyone to help trading BTC on plus500 ?
Post by: joesmoe2012 on July 30, 2013, 03:53:36 PM
Oh I'm sorry, I was thinking of 796, ignore my comment, i'll remove it.


Title: Re: Anyone to help trading BTC on plus500 ?
Post by: Jumpy on August 03, 2013, 01:27:39 AM
I believe that plus500 is using CFDs which means you aren't buying bitcoins but they are basically playing the part of the casino and allowing you to gamble on the bitcoin market. Unfortunately this kind of market is VERY EASILY manipulated, so I would proceed with extreme caution.