DoublerHunter
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July 10, 2019, 05:15:10 PM |
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Crypto market is very volatile, you should consider the integrity of the exchange, the security levels put in place, the token or coin you want to trade. Did they have any fundamental and avoid pump group in its entirety.
^ That was because of unpredictable value in all cryptocurrency and we can't avoid the wave of hype altcoins that we may consider as one factor that might put us into risk. Pump and dump in trading are good if you know how to manage with it, riding to their plan is the best action needs. Nevertheless, the risk was always there and those people who have a high-risk taker perhaps have a good chance to be a success.
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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Mrengage
Member
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Activity: 420
Merit: 12
Globe-dex.com
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July 13, 2019, 10:50:54 PM |
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Don't ever put your funds in any exchangers without verifying how genuine they are. There are many risk out there that you should not get involved now try to do a deep research before attempting to put in funds in any where.
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Rooster101
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July 14, 2019, 04:09:49 AM |
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One of the most risky to trade is the cryptocurrencies although it is highly profitable. Investing all your life savings in cryptocurrencies would be huge mistake because anytime your funds might be lost. The first to consider is if you have already a clear understanding on how the cryptocurrency works.The major risks are already discussed in the article but getting updated daily will also protect you from additional risks that may come from the market.
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tiedcoin
Jr. Member
Offline
Activity: 89
Merit: 2
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July 14, 2019, 04:57:32 AM |
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Keep the market volatility in mind. Also, legal issues and regulatory are two significant obstacles facing the crypto sphere that you should be aware of. Cryptocurrency doesn’t have any official safeguards or insurances. The next risk would be market manipulation. Many believe that insider trading, collusion, and market manipulation is rife across this market. Also, there is a considerable amount of cryptocurrencies stolen in the past few years. One of the major problems that cryptocurrency has not been able to overcome is the security problem.
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cheezcarls
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July 14, 2019, 09:54:39 AM |
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I understand that you want to start your journey in cryptocurrency trading. For me, I can rate crypto trading as “very high risk” due to its high volatility. It means Bitcoin and other cryptocurrencies can go up as high or low in a fast pace. The value could go down as much as $1000 in minutes. This is something that you need to be prepared of. The state of the cryptocurrency market is unpredictable despite that it’s on a bullish trend. Right now, its stabilizing around $11k to $12k. Recently, from $13k it goes down to $11.3k as Bitcoin whales took advantage of it by accumulating more. These whales control the market, and takes advantage of what is going in the world of crypto. Psychology is tested here, especially for those who are about to get started in cryptocurrency trading. You just need to prepare your emotions when things didn’t go as you expected. Think about an opportunity to buy more when things go down, and sell when it’s about to reach the resistance or breaking it.
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ethereumhunter
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July 14, 2019, 11:45:38 AM |
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Don't ever put your funds in any exchangers without verifying how genuine they are. There are many risk out there that you should not get involved now try to do a deep research before attempting to put in funds in any where. Maybe he needs to determine how much money to trade, so he doesn't use all of his money from his bank account to invest or trade in the cryptocurrency. That will prevent him from losing big money in the cryptocurrency because the crypto market is too volatile, and he cannot always get a profit. Make deep research is a must thing that he needs to do before he buys any coins so he can predict or get the good price to buy and sell.
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Malamok101
Full Member
Offline
Activity: 868
Merit: 100
Proof-of-Stake Blockchain Network
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July 14, 2019, 03:56:27 PM |
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We are always meet risk in trading such as coins problem that dumps sometimes you don't expect each days can't predict the price with same problem of exchange platform.
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Kasabus
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July 14, 2019, 10:42:43 PM |
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We are always meet risk in trading such as coins problem that dumps sometimes you don't expect each days can't predict the price with same problem of exchange platform.
It absolutely risk is always a part of our life especially when we are engaging in crypto investment. If that risk we always think of, it really affects our trading plans and having an awful result. Losing isn't the thing we have to afraid of and getting out of our mind cause it is a part of trading life, and yet it gives us a way to improve and have a better strategy in order to minimize those losses to come.
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gwdf1
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July 17, 2019, 07:48:52 PM |
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For me, mentally fit and emotionally fit, because even you have knowledge and skills these two kinds is essential in trading, especially in emotions. There will be a time that you will lose money because, in trading, unexpected always happens, especially here at cryptos. Also, you know that risk is very high if you invest a massive amount of money that you can't afford to lose so if that happens its much better to prepare your metal emotion. For me, it is always the market cycle risk and the decisions that appear as a result of fluctuation in the market cyclical scenario. I have been in the market for more than four year and understand the market cycle pretty much. The risk associated to the market cycle that is FOMO and panic sell of your Bitcoin are some of the risks that often lead you to loss of value. Short-term and long-term profit should be considered. You need to work both with the cryptocurrencies that are going to gain soon and with those, which have a good potential in the future (like TRON, for instance).
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Free1bitco.in
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July 18, 2019, 06:08:18 AM |
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I know some crypto traders who created special arbitrage bots for news trading. When news hit the market, the bot sends fake orders the order books and if the flash crash happens with overreaction by market participants then bot buys cheap altcoins.
well, Flash crash is something that really needs to be noticed. we don't know when the price will drop low in a short time. because of that, it has become a matter of great concern in the world of trading. What's more, this is still one of the risks in trading.
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suryana
Sr. Member
Offline
Activity: 1218
Merit: 254
Trphy.io
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July 18, 2019, 07:32:04 AM |
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Well said.Crypto market is very unpredictable so we should learn to adjust ourselves into its different moves.I have invested in crypto for few years already and i have realized that it's always good to invest only what you can afford to lose.We should not let greediness control our minds because it won't really bring good in the end.
Do not use the money used for kitchen purposes if you enter the world of Crypto trading, but use the money that we do not need it. The world of trading is full of risks and is also full of blessings if we are able to trade very well and carefully. Patience is key.
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alexyong342
Newbie
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Activity: 90
Merit: 0
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July 18, 2019, 07:53:03 AM |
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Well said.Crypto market is very unpredictable so we should learn to adjust ourselves into its different moves.I have invested in crypto for few years already and i have realized that it's always good to invest only what you can afford to lose.We should not let greediness control our minds because it won't really bring good in the end.
Do not use the money used for kitchen purposes if you enter the world of Crypto trading, but use the money that we do not need it. The world of trading is full of risks and is also full of blessings if we are able to trade very well and carefully. Patience is key. I also agree with Suryana. The world of trading is full of ups and down. You have to trade carefully and be patient for the best results. But at the same time, some of the risks that you should keep an eye on include: - Cyber Risks - Minor Human Errors - Technological Risks
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