Post
Topic
Board Trading Discussion
Re: What are some risks of trading cryptocurrencies?
by
RealMalatesta
on 18/07/2022, 18:04:53 UTC
The risks of trading cryptocurrencies are mainly related to the volatility of the cryptocurrency market, which represents a high risk, it is important that we understand the risks before starting an investment in cryptocurrencies. All financial assets carry high risk, whether through the use of leverage, susceptibility to cyber attacks and errors, unethical trading techniques, or target market volatility.
The biggest risk is not making silly trades because you learn from them. The biggest problem is the manipulation and that causes a lot of trouble for a lot of people. I mean manipulation by the rich people usually end up with a big problem that is hard to reverse, sure it's not going to be impossible to reverse, but it really causes a delay in our profit.

If those people with hundreds of millions of dollars, even sometimes billions, stopped manipulating bitcoin then we would be doing much better. Just as the price started to recover, we finally heard from mt.gox trustee to start paying people hence creating a fear of dump, is that really not manipulation right now? It's definitely one. That was done during 2018 as well, same mt.gox deal.