Don't put too much money in BTC trading platforms! - Page 10 - Trading - CryptoTalk.Org Jump to content
wilbertson

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

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Good advice, do not keep your money in exchange. There are many proven sites and exchanges. Before you invest your money, make sure it is safe to do so. Be sure to follow the news to get your money out on time. Have a good trade!

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Always the best option will be to have your cryptocurrencies in a hardware wallet since it is the safest way to have them. It is true that you should not store large amounts in an exchange since these are vulnerable to cyber attacks, but there is no problem if you get them out of there quickly and only use them to make a change.

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you need to diversify its always good. not invest all in one basket. you need to research reliable platforms to not to be scammed of highly taxed

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On 15/10/2019 at 18:45, wilbertson said:

Chicos, no traten su cuenta de operaciones o las cuentas de los sitios de intercambio como billeteras. Hemos visto a muchos sitios de traditing cerrarse, muchos de ellos anuncian un cierre, pero algunos no lo anuncian o no lo anuncian adecuadamente a propósito. Pero tenga en cuenta que algunos no anuncian nada. 

Mi consejo es que no almacene su dinero en un sitio de intercambio o comercio y no use un sitio que no tenga buena reputación.

Cuídate y feliz trading.

That is a lack of moral ethics when an exchange withdraws and does not return the btc invested, but it is not recommended to leave all your money in an exchange for the simple reason that your money is not in your pocket but in the exchange. eye with this.

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Almost all exchanges will have security problems, either due to external enemies or internal enemies, not to mention user errors. The risk is always present, the important thing is to know how much you will risk and how much you will win.

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22 minutes ago, reinem said:

in one part you are right, but keep in mind that to know where and when to invest in an exchange you should inform yourself, verify that according to them they have a certification of the platform that is safe. especially if you are a veteran is better. and they should also know that they should always invest having how much you want to lose and how much you want to gain. so be aware of that.

that's true in the world of investment anything can happen, so we have to really think about the risks that will occur, and now that a lot of new platforms have been launched, we have to be warier of platforms like this, because usually, it won't take long.

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I agree with you, don't put a lot of crypto on the exchange, because the exchange can be hacked or closed and you could lose crypto. Store your crypto in a secure wallet, like myetherwallet or external wallet, you can store it there securely. In my opinion, the safest is to use an Offline wallet like the Ledger nano s.

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On 10/15/2019 at 5:45 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..

I agree with you, nowdays some webs are just there to scam people, and a lot of exchange sites have already go dark without any previous announcement. I think the only way we can use some of these exchanges is using them only like a reference point for the value of a crypto currency

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Always use trading website that have high volume,  reputable and good because we will earn more here especially when bitcoin start to increase.  And most important always invest only what you can afford to lose.

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Lately I have read a lot of news in relation to trading and investment platforms, which simply close their doors and leave all users / investors penniless, without reasonable capital.

 

We must be careful when investing our money and get to know the descendants of said company very well, so as not to be part of the large group of shell companies, which offer you an investment plan that in the end is only a waste of money and time.

 

The ideal is to invest in platforms that generate a lot of volume and withdraw the investment as quickly as possible, to be able to step on the safe side.

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Very true, always do thorough research on the exchanges and wallets that you store your coins in where you do not have access to the private keys as then they are technically not your coins and not owned by you either. If the owners suddenly want your coins then they can pretty well have them. Of course the trustworthy sites and exchanges will never do such a thing but there are many bad actors out there.

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في الواقع ، يجب ألا نحتفظ بعملاتنا المعدنية في مبادل المحفظة لأنه من الخطر على المبادل الذي نستخدمه أن يتم اختراقه من قبل شخص آخر. إذا كنت ترغب في التخطيط لحفظ العملات المعدنية على المدى الطويل

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No doubt. I concur with you.
Deposit money is dangerous.Although you can win large benefit. however there are chances that you can loose free your cash in an incredible sum.

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You made a really important point. All large traders are simply advised to keep their funds away from accounts on exchanges, although it is not prohibited, but it is best to keep the crypt on hardware wallets.


Когда сидишь в собраньях шумных,

Язык пылает и горит;

Но люди делятся на умных и тех,

Кто много говорит.

(с) И. Губерман.

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In this business one must pay attention to all the details, especially in the trading platforms. There are many platforms with good reputations, but in the same way there are also many others that are ghosts that can easily make your money disappear. They go away and nobody covers those losses.

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There are many trusted exchangers like binance, yobit,Houbi global.you can store your bitcoin in them.But you said in topic not to use more btc in trading platform.It's not right.whales are used in big trading platforms.They use huge amount of btc to dump or pump Btc.So you can store bitcoin in these exchanger.It will be more safe there.

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In this business you have to pay attention to all And also All the Ceos of Each Company, Mining Etc where you would invest your Bitcoins the details, especially in the commercial platforms. There are many platforms with good reputations, and others also Bad that last weeks or a few months and beyond. Many lack of payment.

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No, you don’t have to raise the ground to get bitcoin. Not in that sense anyway.

So, why do you call it mining? Similar to gold miners, bitcoin miners have to bring out the gold, in this case, bitcoin into the surface.

Edited by kenzi

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Very good advice friend, you are right, they should not save large amounts of money on a trading page, it is advisable to use these pages quickly, since there is always a risk when our currencies are in these, do not invest what you cannot lose

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