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Author Topic: New Exchange: Should I trade?  (Read 17486 times)
maydna
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February 04, 2019, 12:57:10 AM
 #101

I advise you to use only popular exchangers if you're in doubt. Also, trade in exchangers that are listed in coinmarketcap to lessen the risk of losing your money.

It will minimize the risk of losing the coins or being hacked, so we don't have to worry about the bad things. But sometimes, traders can try a new exchange so they can compare between the other exchange and besides that, they can get a new experience from that new exchange. But always remember, don't use big money to test a new exchange because we don't know how secure that site to prevent from the attacker that might come to test their security.

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February 04, 2019, 02:44:13 AM
 #102

I advise you to use only popular exchangers if you're in doubt. Also, trade in exchangers that are listed in coinmarketcap to lessen the risk of losing your money.

It will minimize the risk of losing the coins or being hacked, so we don't have to worry about the bad things. But sometimes, traders can try a new exchange so they can compare between the other exchange and besides that, they can get a new experience from that new exchange. But always remember, don't use big money to test a new exchange because we don't know how secure that site to prevent from the attacker that might come to test their security.
you're right, someone is free to try a new exchanger, but remember to try it using minimal capital. will be more risky when you want to make a large transaction, but that is all a choice, because sometimes a new exchanger also offers quite interesting benefits. but for me, these are good tips.

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February 04, 2019, 08:34:35 AM
 #103

I advise you to use only popular exchangers if you're in doubt. Also, trade in exchangers that are listed in coinmarketcap to lessen the risk of losing your money.

It will minimize the risk of losing the coins or being hacked, so we don't have to worry about the bad things. But sometimes, traders can try a new exchange so they can compare between the other exchange and besides that, they can get a new experience from that new exchange. But always remember, don't use big money to test a new exchange because we don't know how secure that site to prevent from the attacker that might come to test their security.
you're right, someone is free to try a new exchanger, but remember to try it using minimal capital. will be more risky when you want to make a large transaction, but that is all a choice, because sometimes a new exchanger also offers quite interesting benefits. but for me, these are good tips.
New exchange are aiming to grow big because the potential of profit is big.
Trading in new exchange is not necessary especially if the coins you are looking for is already listed in a big exchange.
Normally, small exchange will list small project coins because the team will choose to pay lesser than venture in big exchange
where there is no assurance yet if their coin will grow.

They weighted the risk and that's what they do, so we, traders, we should also know how to do it as everything here has a risk involved.

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February 04, 2019, 12:17:49 PM
 #104

Hello everyone, I saw a new CFD trading platform for cryptocurrency. (www.mavsecure.com) I met a guy in TG and he referred me. So, how safe is to trade in CFD platforms? Is it profitable ?

If you met a guy in TG, I'd not trust him Grin
If you want to trade, choose trusted exchanges - Binance, BitStamp, BitFinex, Poloniex, Bittrex...

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February 04, 2019, 12:45:33 PM
 #105

Just pick another exchange, you should only do trading jn an exchange that are trusted by many users and have good security. There are now many exchanges that been crashed due to the hackers worldwide, we cannot ensure the safety of our capital if we choose exchange that are not reliable.
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February 04, 2019, 10:36:29 PM
 #106

Hello everyone, I saw a new CFD trading platform for cryptocurrency. (www.mavsecure.com) I met a guy in TG and he referred me. So, how safe is to trade in CFD platforms? Is it profitable ?
I heard this exchanger name the first time and i have no idea about this.There has a lot of trusted exchanger on the crypto world and binance and bittrex are most trusted and secure exchanger so you can create an account and start trading.If you want to start trade always choice most volume and secure and trusted site because some exchanger stop trade and people lost their money.

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maydna
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February 05, 2019, 02:59:56 AM
 #107

I advise you to use only popular exchangers if you're in doubt. Also, trade in exchangers that are listed in coinmarketcap to lessen the risk of losing your money.

It will minimize the risk of losing the coins or being hacked, so we don't have to worry about the bad things. But sometimes, traders can try a new exchange so they can compare between the other exchange and besides that, they can get a new experience from that new exchange. But always remember, don't use big money to test a new exchange because we don't know how secure that site to prevent from the attacker that might come to test their security.
you're right, someone is free to try a new exchanger, but remember to try it using minimal capital. will be more risky when you want to make a large transaction, but that is all a choice, because sometimes a new exchanger also offers quite interesting benefits. but for me, these are good tips.

You're welcome. That is what I always do when I want to try the new exchange. We don't know anything about them and we want to make sure if that site can be the next choice for me or not so using a small amount will be better. Besides that, make sure you activate 2FA in all exchange, no matter if that site is small, new, or even bigger because we don't want to get hacked in someday.

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February 05, 2019, 04:41:49 AM
 #108

Hello everyone, I saw a new CFD trading platform for cryptocurrency. (www.mavsecure.com) I met a guy in TG and he referred me. So, how safe is to trade in CFD platforms? Is it profitable ?
trade what amount you can afford to lose to prevent regrets 'cause it's pretty new and you have not yet specific information about it. Then if you didn't want to risk well stop and remove your interest on it.  and trade with  those certain site instead wherein your capital is safe and secure.  
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February 05, 2019, 06:29:17 AM
 #109

Hello everyone, I saw a new CFD trading platform for cryptocurrency. (www.mavsecure.com) I met a guy in TG and he referred me. So, how safe is to trade in CFD platforms? Is it profitable ?
trade what amount you can afford to lose to prevent regrets 'cause it's pretty new and you have not yet specific information about it. Then if you didn't want to risk well stop and remove your interest on it.  and trade with  those certain site instead wherein your capital is safe and secure.  
Everything you said is true, we should on a trusted site to be secured.
New exchange is quite risky since anyone can make an exchange but the hardest challenge is to grow it and earn reputation.
Big trading sites earn their reputation alone their journey and they deserved our trust, let us not allow this new sites to take our hard earn money.

R


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February 05, 2019, 06:32:20 AM
 #110

Well new exchanges that comming at this time. No one knows if it's gonna run in long-term because lot of good exchanges right get scammed and that's they always complaining.

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February 05, 2019, 09:42:28 AM
 #111

if there is a new place of exchange you should be able to see how the security and exchange system first, do not let you be exposed to a fake website and cause you to lose the assets you have.
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February 06, 2019, 12:07:20 PM
 #112

Hello everyone, I saw a new CFD trading platform for cryptocurrency. (www.mavsecure.com) I met a guy in TG and he referred me. So, how safe is to trade in CFD platforms? Is it profitable ?
There are more and more crypto exchange coming out mthis days and offer low transaction fee and high security based on their profie but for me i would stick to those big exchange that already existed and tested like binance, bif ex, coinbase etc. There are lot of crypto exchange hack report and trying to trade in new exchange maybe a risky decision for me.
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February 06, 2019, 04:48:06 PM
 #113

Well new exchanges that comming at this time. No one knows if it's gonna run in long-term because lot of good exchanges right get scammed and that's they always complaining.
I strongly agree with your statement because at the moment there are a lot of exchanges that have been hacked and targeted by hackers who want to steal assets on the exchange, so it's better if there is a new exchange place you have to be more careful.
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March 20, 2019, 03:25:42 PM
 #114

Hello everyone, I saw a new CFD trading platform for cryptocurrency. (www.mavsecure.com) I met a guy in TG and he referred me. So, how safe is to trade in CFD platforms? Is it profitable ?

If I were you, I will basically research that exchange site and will compare it's platform from an established platform. Also, you can still try to trade with that particular exchange with a very small amount of money. Just do not give personal infos like email address when signing up. I suggest be careful when you decide to trade with that unfamous exchange.
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March 20, 2019, 03:36:14 PM
 #115

Hello everyone, I saw a new CFD trading platform for cryptocurrency. (www.mavsecure.com) I met a guy in TG and he referred me. So, how safe is to trade in CFD platforms? Is it profitable ?

If I were you, I will basically research that exchange site and will compare it's platform from an established platform. Also, you can still try to trade with that particular exchange with a very small amount of money. Just do not give personal infos like email address when signing up. I suggest be careful when you decide to trade with that unfamous exchange.
Trying it with small amount of money and while doing that, try to research more about this certain exchange, check those who also got the chance to use and research about their reviews, personal experience might weight in but other's experiences is also important so you can make some good decisions whether to continue using it or need to think twice deposing much higher amount.
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March 20, 2019, 06:18:15 PM
 #116

You have to trade on new exchanges only after you find that it has enough trading volume and its just real volume, simply depositing your money into new exchange wil make you in trouble.
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March 26, 2019, 04:14:44 PM
 #117

if it is a new exchange, be careful if you want to be tranding there because lately there are a lot of new exchanges that have sprung up and finally what Huh they are scams
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March 26, 2019, 04:24:43 PM
 #118

Is not advisable to trade on an exchange without solid reputation. The recent lost or death of several CEOs of some exchanges were as a result of lake of TRUST and REPUTATION. Beware of these new springing Exchanges because they could end in SCAM!!, keep up with the old exchanges which are better known for their service rendering.

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dunfida
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March 26, 2019, 09:16:24 PM
 #119

Is not advisable to trade on an exchange without solid reputation. The recent lost or death of several CEOs of some exchanges were as a result of lake of TRUST and REPUTATION. Beware of these new springing Exchanges because they could end in SCAM!!, keep up with the old exchanges which are better known for their service rendering.
Being too paranoid with scam do somehow give out some false generalization in all sorts of things.Havent you consider on how those reputable exchangers do able to reach their top spot?
All things doesnt start to have directly high reputation but rather all starts from being a new one or scratch.It isnt bad to try or use up new exchangers but
as a user/trader, its your responsibility on how to make choices.

wayancrypto
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March 27, 2019, 01:00:43 AM
 #120

For now i prefer to trade real Bitcoin on the crypto exchange because the price already oversold, i only doing margin trading when crypto already high. For beginner trader is recommended to trade on the spot market because the risk is lower. But if you want to test your knowledge in CFDs trading, just create demo account so we not take any risk.

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