Quote from: Fivestar4everMVP on July 08, 2024, 04:05:33 PM

Quote from: AyeYo on July 09, 2011, 01:53:57 PM

I see there are a lot of first time traders trading Bitcoin via the hack exchanges of MtGox and Tradehill. It makes me wonder, why don't you guys just trade real forex? You can open micro accounts with as little as $25. You get security far better than these shady exchanges. You get real customer service with a real business that won't disappear and leave you only an email address to cry to. You get real trading platforms with reliable data, not some ghetto hack stuff. You get plenty of liquidity, which allows of smooth trading. And, best of all, you don't have to worry whether it's legal or not! Trading is hard enough as it is, why anyone would want all these additional factors working against them is beyond me.

So, to all the bitcoin traders out there... what are your reasons for trading these shady, unsafe bitcoin markets over regular FX?

And you really think that the forex market is more safer to trade on, than trading cryptocurrencies is? Man, please don't fool yourself, I personally have been a forex trader before moving over to trading cryptocurrencies, and I can tell you that there are several other persons like myself who have moved from trading forex to trading bitcoin and cryptocurrencies..

And talking about exchanges that provide the trading ability, both forex and cryptocurrency markets have scammer, I know atleast, a few persons who have lost hundreds of thousands of dollars to forex trading scams and account hacks, this is to tell you that in terms of security, both forex and cryptocurrency trading platforms can be secure or insecure, depends of the traders choice of platform and his or her approach to security issues/measures.

And there are probably no dApps for forexes, I imagine..
I am glad you found a better way and space for yourself overall.