New Exchange: Should I trade? - page 5.

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Quote from: lablab03 on February 05, 2019, 12:41:49 AM

Quote from: BitHodlerDog on November 01, 2018, 04:42:56 AM

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 ?

trade what amount you can afford to lose to prevent regrets 'cause it's pretty new and you have not yet specific information about it. Then if you didn't want to risk well stop and remove your interest on it. and trade with those certain site instead wherein your capital is safe and secure.

Everything you said is true, we should on a trusted site to be secured.
New exchange is quite risky since anyone can make an exchange but the hardest challenge is to grow it and earn reputation.
Big trading sites earn their reputation alone their journey and they deserved our trust, let us not allow this new sites to take our hard earn money.

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Quote from: BitHodlerDog on November 01, 2018, 04:42:56 AM

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 ?

trade what amount you can afford to lose to prevent regrets 'cause it's pretty new and you have not yet specific information about it. Then if you didn't want to risk well stop and remove your interest on it. and trade with those certain site instead wherein your capital is safe and secure.

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Quote from: wildey on February 03, 2019, 10:44:13 PM

Quote from: maydna on February 03, 2019, 08:57:10 PM

Quote from: Polar91 on February 03, 2019, 05:50:02 AM

I advise you to use only popular exchangers if you're in doubt. Also, trade in exchangers that are listed in coinmarketcap to lessen the risk of losing your money.

It will minimize the risk of losing the coins or being hacked, so we don't have to worry about the bad things. But sometimes, traders can try a new exchange so they can compare between the other exchange and besides that, they can get a new experience from that new exchange. But always remember, don't use big money to test a new exchange because we don't know how secure that site to prevent from the attacker that might come to test their security.

you're right, someone is free to try a new exchanger, but remember to try it using minimal capital. will be more risky when you want to make a large transaction, but that is all a choice, because sometimes a new exchanger also offers quite interesting benefits. but for me, these are good tips.

You're welcome. That is what I always do when I want to try the new exchange. We don't know anything about them and we want to make sure if that site can be the next choice for me or not so using a small amount will be better. Besides that, make sure you activate 2FA in all exchange, no matter if that site is small, new, or even bigger because we don't want to get hacked in someday.

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Quote from: BitHodlerDog on November 01, 2018, 04:42:56 AM

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 ?

I heard this exchanger name the first time and i have no idea about this.There has a lot of trusted exchanger on the crypto world and binance and bittrex are most trusted and secure exchanger so you can create an account and start trading.If you want to start trade always choice most volume and secure and trusted site because some exchanger stop trade and people lost their money.

DevilSlayer

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Just pick another exchange, you should only do trading jn an exchange that are trusted by many users and have good security. There are now many exchanges that been crashed due to the hackers worldwide, we cannot ensure the safety of our capital if we choose exchange that are not reliable.

shitcoinoffering

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Quote from: BitHodlerDog on November 01, 2018, 04:42:56 AM

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 ?

If you met a guy in TG, I'd not trust him Grin

If you want to trade, choose trusted exchanges - Binance, BitStamp, BitFinex, Poloniex, Bittrex...

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Quote from: wildey on February 03, 2019, 10:44:13 PM

Quote from: maydna on February 03, 2019, 08:57:10 PM

Quote from: Polar91 on February 03, 2019, 05:50:02 AM

I advise you to use only popular exchangers if you're in doubt. Also, trade in exchangers that are listed in coinmarketcap to lessen the risk of losing your money.

It will minimize the risk of losing the coins or being hacked, so we don't have to worry about the bad things. But sometimes, traders can try a new exchange so they can compare between the other exchange and besides that, they can get a new experience from that new exchange. But always remember, don't use big money to test a new exchange because we don't know how secure that site to prevent from the attacker that might come to test their security.

you're right, someone is free to try a new exchanger, but remember to try it using minimal capital. will be more risky when you want to make a large transaction, but that is all a choice, because sometimes a new exchanger also offers quite interesting benefits. but for me, these are good tips.

New exchange are aiming to grow big because the potential of profit is big.
Trading in new exchange is not necessary especially if the coins you are looking for is already listed in a big exchange.
Normally, small exchange will list small project coins because the team will choose to pay lesser than venture in big exchange
where there is no assurance yet if their coin will grow.

They weighted the risk and that's what they do, so we, traders, we should also know how to do it as everything here has a risk involved.

wildey

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Quote from: maydna on February 03, 2019, 08:57:10 PM

Quote from: Polar91 on February 03, 2019, 05:50:02 AM

I advise you to use only popular exchangers if you're in doubt. Also, trade in exchangers that are listed in coinmarketcap to lessen the risk of losing your money.

It will minimize the risk of losing the coins or being hacked, so we don't have to worry about the bad things. But sometimes, traders can try a new exchange so they can compare between the other exchange and besides that, they can get a new experience from that new exchange. But always remember, don't use big money to test a new exchange because we don't know how secure that site to prevent from the attacker that might come to test their security.

you're right, someone is free to try a new exchanger, but remember to try it using minimal capital. will be more risky when you want to make a large transaction, but that is all a choice, because sometimes a new exchanger also offers quite interesting benefits. but for me, these are good tips.

maydna

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Quote from: Polar91 on February 03, 2019, 05:50:02 AM

I advise you to use only popular exchangers if you're in doubt. Also, trade in exchangers that are listed in coinmarketcap to lessen the risk of losing your money.

It will minimize the risk of losing the coins or being hacked, so we don't have to worry about the bad things. But sometimes, traders can try a new exchange so they can compare between the other exchange and besides that, they can get a new experience from that new exchange. But always remember, don't use big money to test a new exchange because we don't know how secure that site to prevent from the attacker that might come to test their security.

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Quote from: BitHodlerDog on November 01, 2018, 04:42:56 AM

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 ?

You can definitely do this if you had hundred percent confident and the exchange my opinion for all the person to select exchange was before getting entered into a exchange do some research it will enough to trust the exchange that will be new or existing in this market.

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Quote from: BitHodlerDog on November 01, 2018, 04:42:56 AM

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.

MuhNofa

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if it's a new exchange please be careful before you make a deposit to the exchange, before you make a deposit make sure the exchange is really safe. because many new exchanges are finally SCAM. so choose a trusted new exchange not to lose your money because of your own mistakes not be careful

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Quote from: Gheka on February 02, 2019, 05:37:02 AM

Quote from: Altero on February 02, 2019, 03:46:21 AM

Quote from: jhongzjhong on February 02, 2019, 02:26:59 AM

I don't usually trust a newly launched exchange, I much prefer to go in trading if that exchange will reach at least 1 year old in service and less costumer complaint. Why you did not choose reputed one like Binance exchange or those exchanges that proven and tested when it comes in their service and to avoid the possible problem you may encounter near in the future.

The curiosity will make us to try what is something new. Not exactly newly created exchanges will be a scam project nor it have possibility of losing our accounts. The only thing we should do is to review for their feedbacks before doing trades and if there is no problem why not we don't try? Maybe it give us satisfaction in terms of fees and speed of service.

Agree that they can give us the satisfaction of the fee and the speed of service but I think we still shouldn't try because although it may not be a scam exchange as you say but I believe the number of people who can trust a new product is very low, trading volume will be very low and as an investor and a trader, I don't think I can make a profit with such an exchange. Instead of looking for new exchanges, we should focus on the old exchanges, these are places that are very lively with a large number of members, the opportunity to make money is very much in these areas

It is really better if we will find a exchange that have high volume and also have good review from the traders. There are scam exchange all over the internet so we should only make investment with exchange that are reliable.

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Quote from: BitHodlerDog on November 01, 2018, 04:42:56 AM

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 ?

Maybe I am wrong but I think we need to wait to choose any new exchange site because of the safety of our fund. If you are satisfied with your existing trading exchange site then don't need to move.

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Quote from: Polar91 on February 03, 2019, 05:50:02 AM

I advise you to use only popular exchangers if you're in doubt. Also, trade in exchangers that are listed in coinmarketcap to lessen the risk of losing your money.

But that doesn't mean new exchanges will loss of money,it just happens to be that there is a large percentage of that actually happening.
If the OP has done enough research about this particular exchange,and feels it suits his security criteria,then there is no harm in trading with them
But why go through the stress of being skeptical about it when you can simply trade on well known exchanges with large volume

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Quote from: Polar91 on February 03, 2019, 05:50:02 AM

I advise you to use only popular exchangers if you're in doubt. Also, trade in exchangers that are listed in coinmarketcap to lessen the risk of losing your money.

That's for the seek of having assurance and less possibility of losing our keys. Cause we found that mostly new exchanges are just scam or the long delays we have experience. However, there is no wrong if will try new exchanges but to make sure you check the credibility of the team and hows it service provide to their clients. Never step in if you'll found it suspicious or a questionable creations.

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I advise you to use only popular exchangers if you're in doubt. Also, trade in exchangers that are listed in coinmarketcap to lessen the risk of losing your money.

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Quote from: lornadane on February 02, 2019, 06:44:02 PM

I recommend you, don't click or visit any site by getting link from someone in Telegram. Most of them are scammers and spammers! They always try to scam people through scam phishy link! I have never heard about this exchange. New exchanges are not bad, but they should gain some popularity and trust at first! According to this, you shouldn't trade on that exchange, be aware.

It is our own instinct and detection for such a link is just a scam or not. It is better no try any if we aren't sure for its securities. We mostly found links in the telegram send from unknown persons, but why not we try for it to know if that is a legit or not?
I believe we all aware for scam activities but it somehow may were still a victims cause they are not listening to us and also wanting for easy money which they didn't realize that they are fooled by scammers.

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I recommend you, don't click or visit any site by getting link from someone in Telegram. Most of them are scammers and spammers! They always try to scam people through scam phishy link! I have never heard about this exchange. New exchanges are not bad, but they should gain some popularity and trust at first! According to this, you shouldn't trade on that exchange, be aware.

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Quote from: BitHodlerDog on November 01, 2018, 04:42:56 AM

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 ?

It is still safe and better to trade in the exchange that has a good reputation in the market already, just like Binance, Kucoin, Coinbene, Idax,

Lbank, Houbi, Okex, and Bitfinex those are safe and profitable to trade in.

Topic: New Exchange: Should I trade? - page 5. (Read 17511 times)