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wilbertson

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

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On 10/15/2019 at 6:45 PM, 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..

We must always be vigilant and not leave all our money stored in a wallet because not all of them have a good reputation, always secure our money in our pocket to have it safe.

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7 minutes ago, jappy said:

We must always be vigilant and not leave all our money stored in a wallet because not all of them have a good reputation, always secure our money in our pocket to have it safe.

This is the right way not to put all your money in exchange as you put in the wallet because you may stuck there in the price changing there you just need to trade with the money you have in their specific exchange also the trading can get you more money than holding any specific coin like Bitcoin and any other altcoin


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We must distribute our money in more than one wallet and more than one platform in order not to be affected if the withdrawal from one of the platforms is closed, but we do this when our capital is large, but if the capital is small, there is no need to distribute your money in more than one wallet or platform, and you can rely on only one.

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Yes you are right and I agree with you because we have to check reputation of a site or app before using because it can be scam and we can lose all of our money by trusting at those site or apps so be careful.

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You can put some amount for trading which must make you an expert person, here you can ask about that how to trade perfectly and how to learn from trading. everyone will give a fine answer. Thanks


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You can put some amount for trading which must make you an expert person, here you can ask about that how to trade perfectly and how to learn from trading. everyone will give a fine answer. Thanks

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I AM HELPING OTHERS ON YOUTUBE HOW TO EARN FREE MONEY

Here is TELEGRAM

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Trading platforms are a good target for hackers attacks du to the big amounts of coins which are put there, that's why it's advisable to put just what you need for trading activities; and for storing, there are several wallets which are safe to keep coins there.

Edited by setifien
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This is true. We do not have to put a lot of money in the sites and platforms even if they are reliable. These sites can be hacked and stolen at any moment, so we must only put the amount that we must work with in the platform or site

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Thanks for the advice, this has already happened several times before with me and with many others as well, the Binance exchange as well as the CoinBase exchange have banned me because I am from a prohibited country but fortunately they allowed me to withdraw my coins, there are exchanges or wallets on the Internet that block you and withhold your money and you are not allowed to withdraw it, So you have to be careful and read what countries are forbidding exchange.


 

 

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Well, I advise not to put money in one place, and also to choose the most reliable and secure wallet, and also to use more than one currency, in order to avoid losing money.

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We will not deposit crypto currency on exchange sites or trading platforms for storage.  Because it is risky.  These platforms can be hacked or shut down at any moment.  So we can’t save there.  So everyone needs to be aware of this

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You can say this about smaller volume exchanges that are weaker in security and easier to hack, larger exchanges hire the best coders and security companies and pay them better, larger exchanges have treasury funds if they can pay customers in some cases. 

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Undoubtedly, this is 100% recommended because it has always happened, but nevertheless there are many sites that have a history as much as a good reputation, therefore some could be trusted in a certain way.
 
 

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Yes that is right, that is why i not really put much Bitcoin in trading platform. Because i know no any guarantee from exchanges about our fund. Hacker is have sure always find the way to hack the website. If the website get hacked so what you think your fund will lost there.

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In my case we have to work carefully while storing our coins on digital wallets because they can be stolen. Mostly users take risk to earn big they invest all and store in BTC but in my don't do it be careful and store only in trusted wallets.

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This is an interesting topic because this information is not obtained everywhere to the contrary, exchangers and wallets advertise saying the opposite, so it is better to always have your money in the best exchangers or always trade with them and not leave it all. life stuck in a wallet.

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I think you are wrong you see price of bitcoin now. If you invest in bitcoin now you can take a good profit. I suggest you to invest in bitcoin you can get a good profit. In my opinion it's price will reach at almost 50k in few months and it reach at 100k in the end of 2021.

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it is very hard to choose the best investment platform and the best platform to keep your balance in Bitcoin or any other cryptocurrency but you need to have a lot of balance if you want to make a good money

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Exchanges are still regarded as wallet by most people, though we have had different reasons not to do so in the past. In fact, nothing has changed and there is no trade that can be considered totally stable. Moving them to an offline wallet is safer if there is a large amount of crypto involved.

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This is what I am trying to do to control my feelings in trading, otherwise I will put a lot of money in this matter so that you do not lose everything because it is very dangerous. 

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Yes you are right, the 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.

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In my opinion, before starting to trade you should search for the best bitcoin trading platforms, and learn trading strategies.

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Yes I agree with your opinion because there are many people who have large of money always put on this site but most of them don't know how to withdraw your passion on this site but those people who have a proper money on it so they become a good credit through this site.

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Yes mate, don't put too much money in BTC trading platforms. Look if you want to trade then you must have much knowledge about it. You need to know the market conditions. You need to research lot. Take advice from experts. 

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