Edward Iftody
1 min readJul 8, 2019

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Thanks for your comment Tom.

I agree with you, there’s a difference between what’s legal and what’s honest.

On the scale of inducing financial behaviour, there’s placing candy at the checkout on the one end and fraud at the extreme opposite end. Rinse and repeat clearly sits somewhere in between.

Cryptocurrency trading doesn’t get halted (unless there is theft occurring from an exchange like the recent Binance or more distant Mt. Gox event) because there’s suddenly some new information or a significant material change that hasn’t been released to the public, like companies traded on a stock market. It’s much harder to know why crypto is moving in a particular direction than it is a stock or bond.

Therefore, if someone is trading in this asset class, they should be clear about why they are buying or selling, trade within their financial means, and have a plan in place if things don’t go as expected because market manipulation in a relatively thinly traded market is a significant threat to the average investor.

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Edward Iftody
Edward Iftody

Written by Edward Iftody

Edward Iftody is a Communication Coach, author of Surviving Work, a veteran of the Canadian fin-tech industry and a blockchain enthusiast.

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