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RE: Bitcoin at all time highs, whats gonna happen? and let's look at Small Account Building trades
Luc! What brilliant vids!!! Been investing/speculating in the crypto space for about 5 months and your vids have given me the confidence to get started with some trading. My main worry is the security of the exchanges.
How do you try to mitigate the risk of loss? I think spreading across a few exchanges in case of hacking at one but it still feels quite insecure.
Do you worry that you might loose the money/coins you leave on the exchanges?
Thanks a bunch for the ongoing rocket fuel!
Unfortunately exchanges are always a risk, so like you I spread my money around on different exchanges. But here is how I think of it: we make stupid amounts of money off all the opportunity here in cryptos, so if it happens that we end up losing a little because of some exchange issues, thats not that big a deal, because we are so heavily rewarded thats its worth that minimal risk.
Luc what exchange to you suggest for beginner traders. Most people seem to start with Bittrex but do you have other suggestions or reasoning why that might not be ideal?