BoE Governor Andrew Bailey Says Crypto Investors Trading In A Bubble

Crypto Has No Intrinsic Value The Bank of England (BoE) Governor Andrew Bailey reiterated his earlier remarks that crypto investors should be prepared to lose all their money, per CNBC reports. According to Bailey, crypto-assets generally do not have any intrinsic value, and their value proposition is zero.

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South African Women Lose Money to Crypto Scammer Who Convinced Them That Botswana Pula Coins Are Bitcoins

A group of South African investors recently confessed to losing money to a brazen scammer after he convinced them to buy and hold nearly worthless physical coins. The coins, which are denominated in the Bostwana pula currency, were initially sold to a group of South African women back in 2019 when bitcoin was only worth […]

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This 'Bitcoiner' says Dogecoin investors are going to lose their money

A recent study by Nature Communications brought to light how China’s Bitcoin mining threatened the global climate change targets and sabotaged the mining hub's plans of achieving carbon neutrality.

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BSC-based DeFi project Meerkat loses $31m after launch

Losing money while trading cryptocurrencies is nothing surprising or new, and every trader learns that sooner, rather than later. However, for a project to lose $31 million worth of crypto a day after launch is scandalous, at best.

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Ireland Central Bank governor says Bitcoin investors are going to lose ‘all their money’

Gabriel Makhlouf said investors are likely to lose their entire investment as Bitcoin and other cryptocurrencies go to zero. The post Ireland Central Bank governor says Bitcoin investors are going to lose ‘all their money’ appeared first on CryptoSlate.

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European Central Bank (ECB) Member: ‘Not Sure Why People Invest’ in Crypto Assets

Central bank members are back with their warnings regarding Bitcoin and cryptocurrencies. Much like any other time, the warnings remain the same — be prepared to “lose all their money” for crypto investors.

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Top Exec Of Irish Central Bank Thinks Bitcoin Investors Will Lose It All

The head of the Irish Central Bank Gabriel Makhlouf is worried that people who invest in Bitcoin could end up losing all their money. However, Gabriel Makhlouf was quick to note that Bitcoin isn’t a direct threat to financial stability.

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Central Bank of Ireland Guv: Bitcoin investors could lose ‘all their money’

Although major entrepreneurs have shown their support for Bitcoin, regulators, at least in Ireland, seem to have taken a step away from the asset. According to the governor of the Irish central bank, The post Central Bank of Ireland Guv: Bitcoin investors could lose ‘all their money’ appeared first on AMBCrypto.

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Irish central bank governor says crypto investors could lose all their money

Despite being worried about consumer protection, the central banker is confident that Bitcoin is no threat to financial stability.

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How to Choose a Good Service for Storing Cryptocurrencies and not Lose Money

The end of 2020 and the beginning of 2021 have already proved to most skeptics, that Bitcoin and the cryptocurrency market, in general, continue to grow steadily. Despite the BTC price correction that began with the arrival of 2018, an increasing number of people are now not only consciously returning to the industry, but also … Continued The post How to Choose a Good Service for Storing Cryptocurrencies and not Lose Money appeared first on BeInCrypto.

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As FCA Warns UK Crypto Investors, HSBC Halts Transfers

The Financial Conduct Authority (FCA) has issued a statement warning cryptocurrency investors that “they should be prepared to lose all their money. ” The news hit right after HSBC, a British multinational investment bank, announced that local cryptocurrency traders and investors would no longer be allowed to transfer funds between their accounts and cryptocurrency exchanges.

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Here’s why the UK financial regulator said crypto investors can “lose all their money”

The regulator issued the warning shortly after crypto markets took a hit on Monday. The post Here’s why the UK financial regulator said crypto investors can “lose all their money” appeared first on CryptoSlate.

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UK’s Financial Watchdog Issues a Crypto Warning; HSBC & Other UK Banks Blocking Transfers

A standard investment disclaimer — be prepared to lose all your money when investing in crypto. The post UK’s Financial Watchdog Issues a Crypto Warning; HSBC & Other UK Banks Blocking Transfers first appeared on BitcoinExchangeGuide.

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FCA Warns Crypto Investors May “Lose All of Their Money”

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UK’s FCA Warns Investors of High-Risk Crypto Investments and Scams

The Financial Conduct Authority said investors in cryptocurrency products offering high returns should be prepared to lose "all their money."

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Despite strong security token growth, tZERO continues to lose money

While tZERO’s net revenues have nearly doubled year-over-year, Overstock’s fledgling security token exchange is still far from profitable.

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Crypto Mom’s Prescient DeFi Warning: ‘People Can Lose a Lot of Money’

Decentralized finance (DeFi) has been thrust further into the spotlight in recent days, but unfortunately, it has been for all the wrong reasons. As fate would have it, BeInCrypto had the chance to speak with SEC Commissioner Hester Peirce just before the SushiSwap scandal on a range of topics, including DeFi.

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Ether Back to Earth After Traders Lose their Appetite for DeFi Food

One of the big reasons for the bloodshed in the cryptocurrency market is the flow of money out of the decentralized finance (DeFi) sector, which, as a matter of fact, was overdue. On Wednesday, the total value locked in DeFi hit a record of $9.

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Timothy Sykes Reviewed – Can you profit from trading penny stocks?

Penny stocks are often being vilified on Wall Street and in many traditional financial media outlets. Movies such as The Wolf of Wall Street also reinforce the stereotype that penny stocks are bad, that you’ll lose all your money, and that you’ll only make an unscrupulous snake oils salesman rich.

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Inflation Is About To Hit The Roof And Bitcoin Is The Only Long-Term Hedge, Says BTC Whale Tyler Winklevoss

The world economy is in shambles. Governments, especially the US government, are printing billions in fiat money every other month. With this going on, fiat currency is going to lose a significant fraction of its value in the near future.

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Investors Now Lose Money by Holding Bonds, Pushing Them Into Riskier Assets

Inflation-adjusted yields on all U.S. treasury bonds are now negative as the Fed is widely believed to be propping up markets.

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Things Every Crypto Trader Must Grasp

With more investors entering the cryptocurrency and Bitcoin marketplace, it’s never been more important to have a clearly defined game plan so you don’t lose money. The good news is that it’s simpler than ever to invest in digital assets these days, but there are still some key factors you need to consider before you […]

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Investors Who Buy This U.S. Oil ETF Are About to Lose a Lot of Money

Investors shouldn't buy an oil ETF like USO with the intention of holding it over the long-term as they could suffer huge losses. The post Investors Who Buy This U.S. Oil ETF Are About to Lose a Lot of Money appeared first on CCN.com

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Banks’ 1Q Earning Report Reveals They Are Stockpiling Cash in Anticipation of a “Severe Recession”

With interest rates plummeting below zero and the central banks printing money like crazy, it is believed bitcoin is finding new users in those looking to escape the uncertain financial system. These new investors are apparently using BTC as a safe haven as their confidence in the traditional market wavers. With money continuing to lose […]

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eToro vs Trading 212 Comparison: Fees, Spreads, Pros & Cons

Brokers and biased reviewers will use vague and complex language on purpose, to confuse you into thinking what they want to think. However, even though the topic is serious as you can lose or gain money, it is not as complex as they want it to seem to you.

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Op-Ed: Why You Should Hold Bitcoin Over Government Fiat?

The Bank of England governor-designate earned himself a place in Bitcoiners’ hall of shame alongside Peter Schiff and Warren Buffett. Bitcoin has “no intrinsic value,” he said. Anyone who wants to buy it should “be prepared to lose all your money.

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Be Prepared To Lose All Your Money If You Invest In Bitcoin, Warns Incoming BoE Governor Bailey

Many skeptics have come forward over the years to lambast bitcoin. Some believe it has no value, hence it will eventually collapse. Others believe it is a bubble that is bound to burst and frustrate its investors.

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Buy Bitcoin and Be Prepared to Lose Your Shirt, Says Next BoE Gov

Andrew Bailey has once again cast shade on Bitcoin. The incoming governor of the Bank of England said that those investing in the digital asset should be prepared to lose all their money. Bailey appears to have given the remarks during a Treasury Select Committee hearing with members of parliament today.

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Bitcoin (BTC) Investors Should Be Prepared to Lose All Their Money, Says New Bank of England Governor

Andrew Bailey, the next governor of the Bank of England, warns investors about the pitfalls of Bitcoin (BTC)

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How not to Lose Money Trading Crypto, What Charts Can Tell You, and Why Bitcoin is Still Better Than Alts: Interview with Scott Melker

Is it easy being a crypto trader? Where should you start? What currency should you choose? All of these questions, we asked crypto trader Scott Melker

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Binance Burns Traders after FC Barcelona’s Crypto Endorsement

There have been significant glitches on several Binance order books, with the lag causing many users to lose money on trades. Some of the biggest losses were seen on the...The post Binance Burns Traders after FC Barcelona’s Crypto Endorsement appeared first on Crypto Briefing.

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Dak Prescott Is a Fool If He Thinks He’s Worth Mahomes Money

Dak Prescott is a complete fool if he thinks he deserves Patrick Mahomes-level money. He bet on himself; he may be about to lose big-time. The post Dak Prescott Is a Fool If He Thinks He’s Worth Mahomes Money appeared first on CCN.com

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Ponzi Scheme Cloud Token Drafts New Contract for Investor Exit, Not Likely To Get A Pay Out

Cloud Token which collapsed back in October 2019 has drafted new contracts that might see its investors lose more money as opposed to being reimbursed. The project turned out to be another ‘Ponzi’ within the crypto industry following payout defaults last year as stipulated in their agreement with investors.

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China Targets OTC Trading Channels as Crypto Clampdown Rages On

The Chinese government is taking its regulatory hammering one step further by closing down unofficial Weibo channels that facilitate OTC trading between retail investors. According to Bloomberg, many Chinese investors held their money on exchanges such as Binance, OKEx, and Bitsoda and stand to potentially lose their holdings depending on regulation, November 27, 2019.

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Best Multisignature Wallets 2020 – Comprehensive Guide For Beginners

It’s easy to lose your digital money if you are not consciously doing things. Unfortunately, in the world of Bitcoin and other cryptocurrencies, incidents such as Bitfinex or MtGox are nothing new.

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eToro Taps Alec Baldwin to Pitch US CopyTrading for Crypto, Stocks

eToro, the global social investing platform, just launched its innovative “CopyTrading” feature for U. S. users. It will allow the app’s 11 million accounts to automatically copy the moves of top securities traders.

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Facebook’s Libra Head David Marcus Cautions US on China’s Win if Libra Fails

Coinspeaker Facebook’s Libra Head David Marcus Cautions US on China’s Win if Libra FailsDavid Marcus hinted that the U. S. will lose its leverage in controlling the global money supply to China if Facebook's Libra is derailed.

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Billionaire Ken Fisher’s Sexist Remarks Costs Firm 1.6 Billion; It’ll Only Get Worse

The financial hit that billionaire money manager Ken Fisher is taking after making sexist remarks at an industry event is growing by leaps and bounds. Currently, Fisher Investments is on track to lose over $1.

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Yes, Even Bitcoin HODLers Can Lose Money in the Long-Term: Here’s How

Market analyst Philip Swift explains how blockchain data helps traders spot Bitcoin highs and lows for making wiser investments

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Day Trading Bitcoin: Why 95% of Traders Lose Money and Fail

Day trading, particularly Bitcoin, is a false promise of “easy money” for many reasons

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Lightning Network Developers Warn of Bug That Could Cause Loss of Bitcoin

Developers disclosed a security hole in various versions of bitcoin's Lightning Network software that could cause users to lose money.

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Ripple CEO “Compelled” to Clear the FUD Around XRP Dumping Says, It’s “Decreased”

There has been much discussion and drama around Ripple’s digital currency XRP being a security. The debate has raged for years that spilled out into the courts as XRP holders sue Ripple as they lose money after the price of the digital asset dropped.

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Bitcoin Investing Scam Gets in the Crosshairs of US Regulator

If something sounds too good to be true, it?s a good sign that you might lose all your money

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Low Effort Bitcoin Cash Ponzi Alert: BitcoinCashTradingLimited

It has become increasingly easy to spot cryptocurrency-related websites which are a front for a scam. In the case of BitcoinCashTradingLimited, it is not hard to see what is going on exactly. Anyone investing in this company will lose their money, as there are far too many red flags to ignore.

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Bitcoin Trader Reveals 4 Reasons Your Trading Strategy NEVER Works

  Are you struggling to make money trading bitcoin on a consistent basis? If you answered with a resounding “Yes!” you are not alone. Despite what they might claim on Twitter, virtually everyone fails at trading.

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Australian retirees lose their $900,000 pension fund in cryptocurrency scam

A retired couple in Australia have reportedly lost $900,000 to an elaborate cryptocurrency scam.   Mike and Karen Taylor were traveling around Australia in a camper van when they fell for the online scam.

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Critic: Margin Trading Is Gambling For Suckers

Binance is introducing margin trading for their customers. Data shows that more than 90 percent of traders lose money and it would be worse in crypto. The post Critic: Margin Trading Is Gambling For Suckers appeared first on Ethereum World News.

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South African Crypto Ponzi Scheme Affirms It Has No Money To Pay Duped Investors

There is one reason not to invest in Ponzi schemes: you will be scammed. Sure, you can believe that you will have a degree of success in case you go in and get out pretty quickly, but the truth is that you will generally only lose money. This is exactly what happened to the investors […]

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Bitcoin Scammers Texted Victims After Stealing Their Money via Coinexx Investment Hoax

Losing money hurts a lot. When you lose it because you made a bad investment is already pretty awful, but when you are scammed, it hurts even more. Now, if the thieves actually text you to explain that they robbed your money, well, that’s just a tragedy. This is what happened to an Australian couple […]

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