STYLZ Posted February 10, 2018 Share Posted February 10, 2018 So I thought I'd start a thread since I can't see one on here discussing the cryptocurrency craze that's taken the world by storm. Bit of a newbie myself and wanted to see if we have any members who know the ins and outs. Quote Link to comment Share on other sites More sharing options...
gangzoom Posted February 10, 2018 Share Posted February 10, 2018 (edited) I know very little about them apart from now probably is too late to see mega returns..... However I do note the drop in the markets right now, if your feeling brave and call it right I suspect you can make some massive gains (or loss it all) in a short amount of time. I've never spend a single penny on the markets but nearly did last night. However remeber we have a mortgage to pay and interest rates are heading up, put an end to any idea of playing on the markets :). Edited February 10, 2018 by gangzoom 1 Quote Link to comment Share on other sites More sharing options...
zelda Posted February 10, 2018 Share Posted February 10, 2018 This year will see the government bring in legislation to regulate trading crypto and in turn we will probably see the fall of some centralized exchanges. Remember then, if you have funds sat invested on an exchange that closes you could lose them. If you do get involved it's a good idea to trade on a decentralised exchange and store crypto for the longer term in an offline paper wallet (cold storage). A decentralized exchange is an exchange market that does not rely on a third party service to hold the customer's funds. More here: https://www.cryptocompare.com/exchanges/guides/what-is-a-decentralized-exchange/ 1 Quote Link to comment Share on other sites More sharing options...
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