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 ?
A wise man once said "Stick to what you know" I couldn't agree more. This is why I'll advice you to stay clear from it because It is always better to be safe than sorry... When choosing an exchange to trade, You don't just pick an exchange without carrying out due diligence. First an exchange without much liquidity isn't advisable. Also, While you're chasing after those profits, remember to ensure that your capital is protected.
This is exactly true and it beats me hallow why people would like try any new thing that just springs up without any past record to show for it. What is the catch in all this, I ask myself. Why risk your capital all in the name of trying out a new exchange. Well, for me I always try as much as I can to avoid them. I can't be a Santa Claus to a new exchange.