So what do you think guys how can we balance the opportunities with the risks? Should the upcoming trader even be enccouraged into P2P trading or focus on other alternatives?
I have been using P2P since how many years, i have never experienced anything as such, whenever i initiate P2P order make sure that my funds are intact, confirmed in my transactional history, sometimes i tend to spend some part of it or move it entirely to my separate bank, i do this to ensure that the money isn't a fake transfer, following this pattern will help, at least you have good proof when reporting such fraudsters to the higher authorities.
Everyone has a choice, what favors me today might now favor another person. There is no risk in P2P if you are careful, don't release when you haven't received the agreed balance.
Exactly, I kept on wondering why some users complain of theft funds on p2p trades ending up loosing money by releasing when nothing is yet in their Fiat account. Doing p2p is very easy if you do it this way you mentioned, in fact, sellers are even on the advantage because until they receive their Fiat, that's when they'll release coin, simple as ABC.