Post
Topic
Board Trading Discussion
Re: Risks to consider before trading?
by
MinMan
on 26/06/2019, 11:11:01 UTC
Any other risks that I should be aware of before fully immersingm yself into trading crypto?

https://cryptotradernews.com/investing-trading/top-5-risks-to-consider-before-beginning-your-trading-career/


Let me know please, want to get as much help as possible!

There is high manipulation in cryptocurrency and anyone who is investing in cryptocurrency should really be aware of that. And I think you should be avoiding small cheap coins for now that you're still a newbie, cause there are people whose work is to be rotating from one small coin to another and what they do is go in groups so that they can pump any coin they get into it and after they will dump it and go for another coin. They will pump the coin and it will start to grow in price, some novice will think that the market is growing and jump in, the next thing the market will dumped on them and they will lose their money. So be careful.