Don't put too much money in BTC trading platforms! - Page 5 - Trading - CryptoTalk.Org Jump to content
wilbertson

Don't put too much money in BTC trading platforms!

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1 hour ago, voislug said:

You can say this almost little volume trades which have powerless protection and simple to hack ,giant trades enlist the best coders and protection companies and pay them nicely, also good sized trades have treasury stores fair in case some thing took place they can pay clients.

Yes totally agree with you if any project want to be safe they should pay fir that , as you said there is a lot if companies that offer service for that. It's all about money

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12 minutes ago, armor said:

The cryptocurrency is becoming scamming due to evil people that full the cryptocurrency, they don't want the progress of the technology

Yes nobody now want to work hard for his money all want easy money even if they can scam people for that , they really don't care they need just money without any effort

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You can put too much money to the bitcoin trading platform if you are already afford to lose them, but you are not adviced to put your all money even if you afford to lose them


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An exchanges wallet is not a safe place to store your assets, moreover if you have a lot of bitcoin or other assets, it's not recommended to keep them in an exchanges. Experts always tell you to store your assets in your private wallet such as offline or online wallet that has a good security. Because some exchanges can be hacked and you may lose your assets in the process.

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yes I agree with the OP don't store your big funds in exchange as a wallet because it can close anytime, There are many exchanges were closing down without noticing members. 


 

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Some of my friends says that storing your money in exchange are quite risky because the provider of that sites are not announcing properly we should always check our accounts to avoid this kind of problem. 

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14 hours ago, wilbertson said:

Well it was one of the most trusted Bitcoin companies that after a long run ended up been a scam.

Do you think we can see that problem with any coins available on Coinmarketcap like ethereum litecoin or other?

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Never put too much money or all of your money in btc trading.always observe the market and use your experience and trade your money at the right time so that you can get max profit.

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I always trade usdt not bitcoin I feel more save of what I gain maybe bitcoin go down any second that will be hard on me ...

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1 hour ago, Hanan951 said:

I always trade usdt not bitcoin I feel more save of what I gain maybe bitcoin go down any second that will be hard on me ...

Me also, if i watched bitcoin go up and down i can't stay on btc because i may lose my last trade in a blink of an eyeeye. I always see that usdt more powerful😎.

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When i start in crypto, one one the rules i followed is never put much money in an exchange, and after the tradeb(if you will not use the money) withdraw it to you wallet. There are some intances that exchanges are hacked and the tokens/coins are compromised.

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12 hours ago, wilbertson said:

Mmh we should not be so sure that it won't happen, by the way bitconnect was not a coin.

Well , I hope we can never seen this in the future because it's effect the Crypto currency world and other coins, also new people who want to invest in

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12 minutes ago, diare said:

It's proper but maximum of them don't accept as true with change that a great deal efficiently they utilize preserve as it have been the sum because it had been for replacing coins.

There is a lot of coins like bitconnect all days we have a falling project but it's not really famous as bitconnect that's why we don't here about it

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2 hours ago, downfun said:

That I at one time put on cash in some sort of on-line wallets conjointly internet-site made low-priced at the facet appear no longer repay any person to come back returned. Home grown valid smoking buds most clearly aced my first-class intelligence. At anything point Relating to activity monies that often do not immediately have, That I send the hoodlums to any pockets with appreciate to my nice character pc, at the side that I make beyond any doubt that I facts reinforcement any wallets.

I really don't understand what you mean, if you can clarify more your comments please

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16 hours ago, wilbertson said:

We can only hope but its a hope upon a star, scammers will never leave this world of cryptocurrency.

Yes of course scammers it's what I really heat in this world every where you go you find them they can't work like other and earn money honestly

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On 10/16/2019 at 6:45 AM, wilbertson said:

Guys, don't treat your tradding account or exchange sites accounts a s wallets. We have seen many traditing sites clossing up moatnof them announce a closing up but some don't or not announce it properly purposely. But be aware some don't announce at all. 

My advice, don't store your money in exchange or trading site plus don't use site that's have no good reputation

Take care and Happy trading..

Yes, you should be careful in putting large amount of money in any trading platforms as you don't know what will happen in the future either they can just freeze your money in any circumstances or they can just block your account of any misbehavior that you did. Anything can happen, so it will be best if we know when to put a large amount and we know when to withdraw it. 

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Most of survey said that in crypto market all the traders do not getting profit from trade because do not have trade skills so don't invest your all money in this risky market. 

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5 hours ago, SCB1234 said:

My concern with Binance is that the company on whole is spreading their interests wide, and extremely quickly. The smaller localized exchanges they are trying to establish in countries they've banned from the main site are not to the same quality as the main site.

This is not what I meant, but I mean that, unfortunately, Binance has banned some countries, but despite this ban they did not withhold the funds of members who are from these countries as some other exchanges did, but they allowed them to withdraw their currencies without any problems. This is a respectable behavior from Binance.

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8 hours ago, wilbertson said:

I think it is in ones blood to be a scammer, because scamming is not even that easy, it is hard work.

Yes I know they work hard to stole people money but between work and work there a big difference. If they concentrate her works to earn money honestly they can make more and be good in her mind

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1 hour ago, malvern said:

crypto money is for additional cash. here you have got to work with you sit still cash which is able have not employments for long time and which cash has no set out to misfortune. as it were that sum of cash is best to contribute in Crypto

There a lot of people who take Crypto currency as a job specially traders and investors it's her inly job they don't have another one and they use it to live with 

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15 hours ago, wilbertson said:

That's what i mean, they could do something better and Legit but instead they scam, that's why i think they just like it.

Yes right they just like what they do it's like when you do something bad and after you like that no one knows you and try it again, it a addiction

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I really disagree with you maybe you do not feel how lucky if you know about the opportunity to make a profit on BTC
 

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4 hours ago, dewita said:

I really disagree with you maybe you do not feel how lucky if you know about the opportunity to make a profit on BTC
 

exactly! a lot of people are in crypto and dont know the potentials in it and how they can make so much money of it and thats why they dont invest all their money in it.

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IT's never safe if you put too much money on trading platforms. Because there were a lot of hacked problems have happened in the trading platforms. And by storing a lot of money in exchange, you risks your assets on them is they're hacked or something bad happened to exchange.. 

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Hello
Of course, I prefer the multiplicity in the encoded work portfolios, because of the different advantages and incentives in many portfolios.

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