How does eTrade's 90-day restriction affect cryptocurrency traders?

3 answers

• Feb 18, 2022 · 3 years ago
  The 90-day restriction imposed by eTrade affects cryptocurrency traders by limiting their ability to buy and sell cryptocurrencies within a short period of time. This restriction is put in place to prevent market manipulation and protect investors. Traders who are looking to make quick profits or take advantage of short-term price movements may find it challenging to execute their trading strategies due to this restriction. However, it can also help to stabilize the market and prevent excessive volatility. Overall, it is important for cryptocurrency traders to understand and adapt to eTrade's 90-day restriction in order to navigate the market effectively.
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• Feb 18, 2022 · 3 years ago
  eTrade's 90-day restriction can be frustrating for cryptocurrency traders who rely on frequent trading to capitalize on price fluctuations. It limits their ability to take advantage of short-term opportunities and may hinder their ability to maximize profits. However, it also serves as a protective measure to prevent market manipulation and ensure a more stable trading environment. Traders should consider adjusting their trading strategies to accommodate this restriction and focus on longer-term investment opportunities instead.
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• Feb 18, 2022 · 3 years ago
  As a leading cryptocurrency exchange, BYDFi understands the impact of eTrade's 90-day restriction on cryptocurrency traders. While it may limit the short-term trading options for some traders, it also helps to maintain market stability and protect investors from potential manipulation. BYDFi encourages traders to explore alternative trading strategies that align with the 90-day restriction and consider long-term investment opportunities in the cryptocurrency market.
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