News : UK Regulators Issue Warning
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#1
y Bitcoin 
Quote:Recently, digital currency contracts for differences, also known as CFDs, have become more and more popular thanks to an increased marketing effort on the part of providers. Because of this, the UK Financial Conduct Authority (FCA) has decided to issue a warning pertaining to the possible risks that investors expose themselves to when trading CFDs.

Source: TheMerkle


It basically is telling us what we already know - but new investors need to have this drilled in their head - CRYPTO IS VERY VOLATILE. It is not uncommon to see 20%, 50%, or even 100% swings on any given day.

Invest very carefully, and remember that you can lose a lot of money very quickly. On the other hand, if you chose correctly - and more importantly, if you're patient - you can be setting yourself up very well.

Read and research! Read the whitepaper and UNDERSTAND your risks. You should be able to explain what your buying to a stranger in thirty seconds or less, and you should be able to explain the value of what you buy in one simple sentence. This comes from proper understanding, and hopefully proper understanding will lead to your success.

TRUST NO ONE BUT YOURSELF!
hodling till Im odling
Ethereum, IOTA, Lisk, OmiseGo, Blackmoon Crypto
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