The crypto market is always a TRAP

[Jaephoenix]

I think the word trap is a misnomer. It is what it is. Any business is a risk, so you can get burned. There is risk and calculated risk. Calculated Risks is when you research and know when to enter a particular trade and when to leave or short. Its more sensible

[Michael.sol]

Infact each and every financial market is a trap but with good strategy and multiple indicators confirmation we can still buy and sell at better times and make profit.

Obviously , there is always risk while we are work on Crypto market . We should have proper knowlege to analyse market properly . Only then we can earn a good profit from it . Crypto Market successfully makes us rich as well poor also .

[Hope4life]

For me it's will be a trap if you don't know what you're buying, it's just like a gamble then if you buy without know nothing! so it's better do your own analysis.

[Delgboke]

The problem here is sometimes people try to in a haste to get quick result without knowing the risk involve when you don't really watch very closely before entering buy order or sell order weather the market is before buying coin so it is very nessary to study the market before placing buy or sell so that we don't go into loose.

[Istiak]

Why you are calling it a TRAP? Don't you think it's true in every other investment sector too? Is there any business available where you can not lose your money? I think in crypto its just much volatility. You can lose a large amount of money in a short time also you can gain a large amount of money in the short term. It's just a risky place but at the same time, reward is also high.

[Prime]

The market will be always trap especially for the panic people, greedy people, and also token holders that only follow the hype, not based on self-research and analysis. This is very common enough to happen for many people being trapped because of these things on the crypto market.

[debra]

Crypto market basically isn't a trap but for beginners or careless people who don't know how the market works, they can get in to trap as their own bad strategy. That's why never starts to invest or trade in the crypto market without sufficient knowledge. Learn first about the crypto market, then once having sufficient knowledge we can start to trade there.

[syedrasool2011]

the bitcoin price has broken past the $11,500 resistance level once more, and it shows more bullish indication. Most investors are buying more bitcoin because of the bullish spread. Accumulating more bitcoin is the most important move right now, and there is no better way to achieve that, than trading. Although trading Cypto Currency isn't an easy task, one needs to have proper guidance and experience, I would count myself lucky to have Allen Albert as a guide, with his signals and assistance, I have worked up my trading portfolio to 8 btc within the space of 5 weeks, my losses are minimal compared to my previous trades, and am more grounded with the knowledge of trading with each passing trade session. if btc drop to much drop will come may be 6000$

[gourav787]

Yeah , Crypto market always trap or we can say this is great platform to makes Good profit . We just need enough knowledge and experience in order to make profit there .
This is really a trap for newbies because mostly time they loss money .

[Astra]

This is not a trap. Engaging in cryptocurrency can be called a specific type of business. There are also certain risks here and in order to have a good profit,
  it is important to make the right decisions on time.

[corr]

Now it's just a crazy market. Bitcoin has been growing for a month without a 50% correction. All I see is how they print a new batch of USDT and then pump up bitcoin. I think it will all fall into one and bitcoin will go to a strong correction. Yesterday there was a very strong drop and my opinion is that the big players recorded their profits. Also this month there will be new contracts for CME and I am still waiting for strong movements both down and up

[LogiC]

No matter the time you get into the market, it is always a trap. you either make profit or you loose your funds. either way, it is a trap. trap of ripping profits for entering on time and that of loosing because you buy during price increase(FOMO). Make sure you take your time and watch the market properly before moving in.

I dont think its always a trap. Actually its nornal to go up and down. What the problem here are people always love to fomo causing them to rekt of their funds. For a long time holder he does not to frequently check the market price its only applied to short to mid term trading.

I doubt holders will get panic once there are global turn down instead will keep buying the coins of scary cats.

[Absolutep]

You time is very funny. I don't see cryptocurrency as a trap anyway. It is very open if you can get the necessary knowledge to succeed in the space. You have a choice and that is why I love it. You can take your chance if you see any. It is a matter of doing proper research before taking a decision. I have been trading a lot and I hardly lose because I have done a lot of research and I am still doing more.

[Gurjasmeet Singh]

I think it's not a correct word for use for crypto currency, whenever lot of people have been getting good earnings. Profit and loss is the part of any type of business. Due to give the good performance & earnings, the people's trust in crypto yet.so it's not easy to say crypto market is always a TRAP.

[TERMINO]

Can say the market is a trap at this stage where we can see green colors along the market?
Maybe trap could be the essence between stock up your money and do nothing while watching the market incredibly increasing or take the risk and do investment now to go with the flow in the market.